Bandwidth Inc (BAND)

• Market cap: $418M
• 1 day: -1.88%
• 5 days: -3.31%
• 1 month: -25.50%
• 3 months: -21.91%
• 6 months: -16.08%
• Year to date: -12.57%
• 1 year: -26.51%
• 5 years: -75.36%
• 10 years: -31.05%
• Sector: Information Technology
• Industry: Prepackaged Software

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 enterprise customers. The majority of our revenue is generated from usage-based fees that includes voice communication and messaging communication that traverse the platform and network.

Employees: 1,100

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

245% more call options, than puts

Call options by funds: $1.37M | Put options by funds: $398K

47% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 17

29% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 42

5% more funds holding

Funds holding: 147 [Q3] → 154 (+7) [Q4]

2.28% more ownership

Funds ownership: 76.02% [Q3] → 78.3% (+2.28%) [Q4]

1% more capital invested

Capital invested by funds: $337M [Q3] → $340M (+$3.01M) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $18 23% upside
• Avg. target: $25 73% upside
• High target: $36 146% upside

3 analyst ratings

• positive: 2 67%
• neutral: 0 0%
• negative: 1 33%

Citizens Capital Markets Patrick Walravens 32% 1-year accuracy 37 / 115 met price target	146% upside $36	Market Outperform Reiterated	21 Feb 2025
Barclays Ryan Macwilliams 26% 1-year accuracy 6 / 23 met price target	51% upside $22	Overweight Maintained	21 Feb 2025
Morgan Stanley Meta Marshall 50% 1-year accuracy 14 / 28 met price target	23% upside $18	Underweight Maintained	18 Dec 2024