Bandwidth IncBAND
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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more call options, than puts
Call options by funds: $2.09M | Put options by funds: $1.23M
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
3% more capital invested
Capital invested by funds: $321M [Q2] → $330M (+$8.26M) [Q3]
1.74% less ownership
Funds ownership: 76.05% [Q2] → 74.31% (-1.74%) [Q3]
7% less funds holding
Funds holding: 157 [Q2] → 146 (-11) [Q3]
37% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 30
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Morgan Stanley Meta Marshall 54% 1-year accuracy 14 / 26 met price target | 1%downside $18 | Underweight Maintained | 18 Dec 2024 |
Baird William Power 75% 1-year accuracy 18 / 24 met price target | 21%upside $22 | Neutral Maintained | 1 Nov 2024 |
Financial journalist opinion
