Bandwidth Inc. (BAND)
NASDAQ: BAND · IEX Real-Time Price · USD
20.76
+0.31 (1.52%)
At close: Jul 19, 2024, 4:00 PM
20.77
+0.01 (0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Bandwidth Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Bandwidth stock have an average target of 25.22, with a low estimate of 13 and a high estimate of 40. The average target predicts an increase of 21.48% from the current stock price of 20.76.
Analyst Consensus: Buy
* Price targets were last updated on Jun 14, 2024.
Analyst Ratings
The average analyst rating for Bandwidth stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 4 | 4 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $18 → $15 | Hold → Sell | Downgrades | $18 → $15 | -27.75% | Jun 14, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 10, 2024 |
| Keybanc | Keybanc | Buy Maintains $21 → $32 | Buy | Maintains | $21 → $32 | +54.14% | May 8, 2024 |
| Barclays | Barclays | Buy Maintains $22 → $28 | Buy | Maintains | $22 → $28 | +34.87% | May 8, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $32 → $36 | Buy | Maintains | $32 → $36 | +73.41% | May 8, 2024 |
Financial Forecast
Revenue This Year
730.26M
from 601.12M
Increased by 21.48%
Revenue Next Year
763.85M
from 730.26M
Increased by 4.60%
EPS This Year
1.24
from -0.64
EPS Next Year
1.51
from 1.24
Increased by 21.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 753.9M | 819.0M | 971.3M |
| Avg | 730.3M | 763.9M | 883.7M |
| Low | 700.3M | 710.3M | 817.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.4% | 12.2% | 27.2% |
| Avg | 21.5% | 4.6% | 15.7% |
| Low | 16.5% | -2.7% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.67 | 2.27 | 3.65 |
| Avg | 1.24 | 1.51 | 2.53 |
| Low | 0.78 | 1.09 | 1.76 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 82.4% | 142.3% |
| Avg | - | 21.1% | 67.9% |
| Low | - | -12.5% | 17.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.