Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, communications service providers, conferencing providers, contact centers, small and medium-sized businesses, emerging technology companies, and many other businesses. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.
IPO Year: 2017
Exchange: NASDAQ
Website: bandwidth.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2024 | $18.00 → $15.00 | Equal-Weight → Underweight | Morgan Stanley |
| 1/17/2023 | $18.00 → $25.00 | Overweight → Neutral | Piper Sandler |
| 9/13/2022 | $21.00 | Overweight | KeyBanc Capital Markets |
| 5/16/2022 | $38.00 → $25.00 | Outperform → Neutral | Robert W. Baird |
| 5/6/2022 | Buy → Hold | Needham | |
| 2/25/2022 | $130.00 → $45.00 | Buy | Needham |
| 2/24/2022 | $206.00 → $100.00 | Mkt Outperform | JMP Securities |
| 2/24/2022 | $44.00 → $57.00 | Neutral | Citigroup |
| 2/24/2022 | $150.00 → $86.00 | Buy | Canaccord Genuity |
| 2/24/2022 | $102.00 → $51.00 | Overweight | Piper Sandler |
4 - Bandwidth Inc. (0001514416) (Issuer)
Exceeded revenue and profitability guidance ranges Raising full year 2024 guidance for revenue and profitability RALEIGH, N.C., Oct. 31, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the third quarter ended September 30, 2024. "We're pleased to report solid momentum carrying us into the end of the year, with record revenue and profitability performance, strong conversion to free cash flow and continued operating discipline," said David Morken, CEO of Bandwidth. "These results
RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the third quarter ended September 30, 2024 before market open on Thursday, October 31, 2024. Bandwidth will offer a live video webinar that can be accessed on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the event. Webinar details:Date: Thursday, October 31, 2024Time: 8
Donation of $100,000, 2:1 employee matching, support for employee volunteers and invitations to customers are efforts to mobilize the entire Bandwidth Community to help neighbors in N.C. RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced a hurricane relief program for the company's neighbors in the impacted communities of western North Carolina. The program includes: An immediate company donation of $100,000 across four key charitable organizations recognized for their leadership
Bring-your-own-carrier with Bandwidth's Maestro™ platform gives enterprises more freedom of choice along with better quality, control, cost savings RALEIGH, N.C., Sept. 12, 2024 /PRNewswire/ -- At its Reverb24 global livestream today, Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, announced it now offers the largest ecosystem of bring-your-own-carrier (BYOC) integrations of any provider in the world–giving enterprises more ways to solve complex communications challenges. "Bandwidth provides unprecedented freedom of choice to enterprise
Future of communications takes center stage at "Reverb24," a worldwide livestreamed event featuring new and upgraded technologies for enterprises to deliver seamless global experiences RALEIGH, N.C., Sept. 12, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, will livestream the launch of its next-generation Universal Platform and more today at 10:30 am EDT at "Reverb24." Registration for the worldwide event is still available at this link, which can also be used to access a replay and content highlights afterward. Ba
Future of communications takes center stage at "Reverb24," a worldwide livestreamed event featuring new and upgraded technologies for enterprises to deliver seamless global experiences RALEIGH, N.C., Aug. 28, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today opened free registration for "Reverb24," a worldwide livestream on Sept. 12 at 10:30 am EDT. This must-see event will showcase the launch of Bandwidth's next-generation Universal Platform along with new technologies, capabilities and partnerships for enterprises to deliver seamless global experiences.
Revenue of $174 million, up 19% year-over-year Accelerating profitability, exceeding guidance Expanding cash flow generation RALEIGH, N.C., Aug. 1, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended June 30, 2024. "We're pleased to report a very strong first half, making significant progress toward our plan for 2024. In the second quarter, we delivered solid revenue growth while accelerating profitability and cash flow," said David Morken, CEO of Bandwidth.
Panel of 16 cloud communications experts honored Bandwidth's Maestro™ and AIBridge software innovations delivered on the owner-operated Bandwidth Communications Cloud RALEIGH, N.C., July 29, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it has won the coveted UC Award for "Best CPaaS Platform." Described as one of the highest honors in cloud communications, the UC Awards are hosted and presented by UC Today, the leading international news publication honoring excellence in UC & Collaboration technology.
RALEIGH, N.C., July 16, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the second quarter ended June 30, 2024 before market open on Thursday, August 1, 2024. Bandwidth will offer a live webcast of the conference call on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the conference call. Conference call details:Date: Thursday, August 1, 2024Time: 8:00 a.m. Eastern TimeDial-in number (domestic): 844-481-2707Dial-in number (international): 412-317-0663 Replay
From e-commerce to student success to patient engagement, innovators drive impressive business results and engagement using Bandwidth's text messaging platform RALEIGH, N.C., May 9, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced the winners and finalists of "The Texties," a new annual awards program honoring the best in business text messaging by Bandwidth customers. Judges reviewed entries focusing on business results, innovation and end-user impact. "Congratulations to our incredible winners a
Donation of $100,000, 2:1 employee matching, support for employee volunteers and invitations to customers are efforts to mobilize the entire Bandwidth Community to help neighbors in N.C. RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced a hurricane relief program for the company's neighbors in the impacted communities of western North Carolina. The program includes: An immediate company donation of $100,000 across four key charitable organizations recognized for their leadership
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
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3/A - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
4 - Bandwidth Inc. (0001514416) (Issuer)
Morgan Stanley downgraded Bandwidth from Equal-Weight to Underweight and set a new price target of $15.00 from $18.00 previously
Piper Sandler downgraded Bandwidth from Overweight to Neutral and set a new price target of $25.00 from $18.00 previously
KeyBanc Capital Markets initiated coverage of Bandwidth with a rating of Overweight and set a new price target of $21.00
Robert W. Baird downgraded Bandwidth from Outperform to Neutral and set a new price target of $25.00 from $38.00 previously
Needham downgraded Bandwidth from Buy to Hold
Needham reiterated coverage of Bandwidth with a rating of Buy and set a new price target of $45.00 from $130.00 previously
JMP Securities reiterated coverage of Bandwidth with a rating of Mkt Outperform and set a new price target of $100.00 from $206.00 previously
Citigroup reiterated coverage of Bandwidth with a rating of Neutral and set a new price target of $57.00 from $44.00 previously
Canaccord Genuity reiterated coverage of Bandwidth with a rating of Buy and set a new price target of $86.00 from $150.00 previously
Piper Sandler reiterated coverage of Bandwidth with a rating of Overweight and set a new price target of $51.00 from $102.00 previously
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Shares of AMMO, Inc. (NASDAQ:POWW) fell sharply during Friday's session following fourth-quarter results. AMMO reported a fourth-quarter profit of 1 cent per share, compared to market expectations for a loss of 1 cent per share. The company reported quarterly sales of $40.42 million topping estimates of $37.90 million, according to data from Benzinga Pro. AMMO shares dipped 19.1% to $2.0306 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) shares jumped 345% to $6.06. SRIVARU Holding Limited (NASDAQ:SVMH) gained 150% to $0.3852 after the company announced it will begin accepting paid reserva
Analysts' ratings for Bandwidth (NASDAQ:BAND) over the last quarter vary from bullish to bearish, as provided by 6 analysts. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 1 0 Last 30D 0 0 0 1 0 1M Ago 0 0 0 0 0 2M Ago 1 3 1 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $29.33, a high estimate of $40.00, and a low estimate of $15.00. Witnessing a positive shift, the current average ha
Morgan Stanley analyst Meta Marshall downgrades Bandwidth (NASDAQ:BAND) from Equal-Weight to Underweight and lowers the price target from $18 to $15.
U.S. stock futures were lower this morning, with the Dow futures falling around 250 points on Friday. Shares of RH (NYSE:RH) fell sharply in today's pre-market trading after the company reported mixed first-quarter financial results. RH reported quarterly losses of 40 cents per share which missed the analyst consensus estimate of losses of 12 cents per share. Quarterly sales came in at $726.96 million which beat the analyst consensus estimate of $724.7 million, according to data from Benzinga Pro. RH shares dipped 11.6% to $244.97 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Rezolute, Inc. (NASDAQ:RZLT) shares fell 19
Gainers Pop Culture Gr (NASDAQ:CPOP) shares increased by 8.4% to $1.54 during Tuesday's after-market session. The company's market cap stands at $5.1 million. Vivid Seats (NASDAQ:SEAT) shares increased by 7.61% to $5.23. The market value of their outstanding shares is at $687.3 million. So-Young Intl (NASDAQ:SY) shares rose 4.93% to $1.04. The market value of their outstanding shares is at $106.0 million. As per the press release, Q1 earnings came out today. Cinemark Hldgs (NYSE:CNK) stock moved upwards by 4.67% to $17.89. The company's market cap stands at $2.1 billion. Loop Media (AMEX:LPTV) stock increased by 4.16% to $0.25. The company's market cap stands at $17.7 million. Globalst
Needham analyst Ryan Koontz reiterates Bandwidth (NASDAQ:BAND) with a Hold.
Keybanc analyst Thomas Blakey maintains Bandwidth (NASDAQ:BAND) with a Overweight and raises the price target from $21 to $32.
Barclays analyst Ryan Macwilliams maintains Bandwidth (NASDAQ:BAND) with a Overweight and raises the price target from $22 to $28.
JMP Securities analyst Patrick Walravens maintains Bandwidth (NASDAQ:BAND) with a Market Outperform and raises the price target from $32 to $36.
RALEIGH, N.C., Oct. 17, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the third quarter ended September 30, 2024 before market open on Thursday, October 31, 2024. Bandwidth will offer a live video webinar that can be accessed on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the event. Webinar details:Date: Thursday, October 31, 2024Time: 8
Revenue of $174 million, up 19% year-over-year Accelerating profitability, exceeding guidance Expanding cash flow generation RALEIGH, N.C., Aug. 1, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended June 30, 2024. "We're pleased to report a very strong first half, making significant progress toward our plan for 2024. In the second quarter, we delivered solid revenue growth while accelerating profitability and cash flow," said David Morken, CEO of Bandwidth.
RALEIGH, N.C., July 16, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the second quarter ended June 30, 2024 before market open on Thursday, August 1, 2024. Bandwidth will offer a live webcast of the conference call on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the conference call. Conference call details:Date: Thursday, August 1, 2024Time: 8:00 a.m. Eastern TimeDial-in number (domestic): 844-481-2707Dial-in number (international): 412-317-0663 Replay
Exceeded revenue and profitability guidance ranges Raising full year 2024 guidance for revenue and profitability Upsized revolving credit facility to $100 million with 5 year term Repurchased $140 million of 2026 convertible notes at a discount RALEIGH, N.C., May 7, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2024. "We've had an impressive start to 2024, exceeding our initial forecasts and raising our projections for the remainder of the year. Our direct-to-enterprise business has shown robust growth, marking a 20 percent increase in the first quarter," sa
RALEIGH, N.C., April 23, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the first quarter ended March 31, 2024 before market open on Tuesday, May 7, 2024. Bandwidth will offer a live webcast of the conference call on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the conference call. Conference call details:Date: Tuesday, May 7, 2024Time: 8:00 a.m. Eastern TimeDial-in number (domestic): 844-481-2707Dial-in number (international): 412-317-0663 Replay infor
Achieved 39% profitability growth, net operating cash flow of $39 million and record Free Cash Flow in 2023 Expects 16% revenue growth and 50% profitability growth in 2024 RALEIGH, N.C., Feb. 28, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the fourth quarter and full year ended December 31, 2023. "We are proud to conclude 2023 with outstanding results, reflecting our commitment to innovation in cloud communications and profitable growth. Thanks to the disciplined execution of the team in the fourth quarter we surpassed our guidance and set new records in profitability," said David Morken,
RALEIGH, N.C., Feb. 8, 2024 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the fourth quarter and full year ended December 31, 2023 before market open on Wednesday, February 28, 2024. Bandwidth will offer a live webcast of the conference call on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the conference call. Conference call details:Date: Wednesday, February 28, 2024Time: 8:00 a.m. Eastern TimeDial-in number (domestic): 844-481-2707Dial-in number (internation
Second quarter revenue and profitability exceeded guidance ranges Messaging revenue up 11% year-over-year RALEIGH, N.C., Aug. 2, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended June 30, 2023. "I am pleased with our business performance and financial results in the second quarter of 2023 demonstrating solid execution and a focus on serving our customers through a challenging economic environment," said David Morken, Bandwidth's Chief Executive Officer. "Looking to the remainder of the year, we will maintain our strong focus on disciplined execution and expanded profitabi
RALEIGH, N.C., July 19, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the second quarter ended June 30, 2023 after market close on Wednesday, August 2, 2023. Bandwidth will offer a live webcast of the conference call on the Investor Relations section of the company's website at https://investors.bandwidth.com, where a replay will also be available shortly following the completion of the conference call. Conference call details: Date: Wednesday, August 2, 2023Time: 5:00 p.m. Eastern TimeDial-in number (domestic): 844-481-2707Dial-in number (international): 412-317-0663 Rep
First quarter revenue of $138 million exceeded guidance Messaging revenue up 8% year-over-year RALEIGH, N.C., May 2, 2023 /PRNewswire/ -- Bandwidth Inc. (NASDAQ:BAND), a leading global enterprise cloud communications company, today announced financial results for the first quarter ended March 31, 2023. "Our results for the quarter demonstrate solid progress adding enterprise customers, developing innovative award-winning products, and advancing our strategic initiatives with a focus on profitability," said David Morken, Bandwidth's Chief Executive Officer. "Looking ahead, we remain focused on maximizing our direct-to-enterprise momentum, capitalizing on new innovations like Maestro and emerg
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