We rank companies based on fund manager, research analyst and news sentiment
BAND stock icon

Bandwidth Inc
BAND

$17.09
1.27%
 

About: Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to large as well as small and medium-sized business, customers and is generally derived from usage and service fees. Usage revenue includes voice communication (driven by inbound and outbound minutes and toll-free minutes) and messaging communication (driven by the number of messages) that traverse the platform and network. Service fees include the provision and management of phone numbers and emergency services access.

Employees: 1,100

0
Funds holding %
of 6,474 funds
0
Analysts bullish %
of 6 analysts
News positive %

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

34% more capital invested

Capital invested by funds: $194M [Q3] → $260M (+$65.2M) [Q4]

3.11% more ownership

Funds ownership: 72.66% [Q3] → 75.77% (+3.11%) [Q4]

1% less call options, than puts

Call options by funds: $2.46M | Put options by funds: $2.49M

11% less funds holding

Funds holding: 154 [Q3] → 137 (-17) [Q4]

31% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 54

49% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 35

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$13
24%
downside
Avg. target
$21
20%
upside
High target
$38
122%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
Canaccord Genuity
Michael Walkley
122%upside
$38
Buy
Maintained
29 Feb 2024
Barclays
Ryan McKeveny
29%upside
$22
Overweight
Maintained
29 Feb 2024
Keybanc
Thomas Blakey
23%upside
$21
Overweight
Maintained
29 Feb 2024
Keybanc
Thomas Blakey
6%downside
$16
Overweight
Maintained
19 Jan 2024
Piper Sandler
James Fish
24%downside
$13
Neutral
Maintained
3 Nov 2023

Financial journalist opinion