What is Zacks Research’s Forecast for Bandwidth Q3 Earnings?

Bandwidth Inc. (NASDAQ:BAND) – Investment analysts at Zacks Research boosted their Q3 2026 earnings per share (EPS) estimates for Bandwidth in a report released on Tuesday, April 1st. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.05 for the quarter, up from their prior forecast of $0.04. The consensus estimate for Bandwidth’s current full-year earnings is $0.22 per share. Zacks Research also issued estimates for Bandwidth’s Q4 2026 earnings at $0.23 EPS, FY2026 earnings at $0.44 EPS and Q1 2027 earnings at $0.08 EPS.

Other research analysts also recently issued reports about the stock. William Blair reissued an “outperform” rating on shares of Bandwidth in a report on Friday, February 21st. Morgan Stanley lifted their price objective on Bandwidth from $17.00 to $18.00 and gave the company an “underweight” rating in a research note on Wednesday, December 18th. Needham & Company LLC restated a “hold” rating on shares of Bandwidth in a research report on Friday, February 21st. Finally, Barclays lowered their price target on Bandwidth from $25.00 to $22.00 and set an “overweight” rating on the stock in a report on Friday, February 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.33.

Bandwidth Price Performance

Shares of NASDAQ:BAND opened at $13.54 on Wednesday. The company has a 50 day moving average of $16.43 and a 200 day moving average of $17.60. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.90. The stock has a market cap of $387.57 million, a P/E ratio of -23.75 and a beta of 1.57. Bandwidth has a 12 month low of $12.75 and a 12 month high of $25.02.

Bandwidth (NASDAQ:BAND) last posted its earnings results on Thursday, February 20th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.36). Bandwidth had a negative net margin of 0.87% and a positive return on equity of 0.53%. The company had revenue of $209.97 million for the quarter, compared to analysts’ expectations of $203.68 million. During the same period in the previous year, the firm earned $0.38 EPS.

Institutional Investors Weigh In On Bandwidth

Institutional investors have recently made changes to their positions in the business. Covestor Ltd purchased a new position in Bandwidth in the 4th quarter worth $25,000. Quarry LP grew its stake in shares of Bandwidth by 157.6% during the third quarter. Quarry LP now owns 2,035 shares of the company’s stock valued at $36,000 after buying an additional 1,245 shares during the last quarter. New Age Alpha Advisors LLC bought a new position in shares of Bandwidth during the fourth quarter valued at about $50,000. SBI Securities Co. Ltd. purchased a new position in shares of Bandwidth in the fourth quarter worth about $69,000. Finally, one8zero8 LLC bought a new stake in shares of Bandwidth in the 4th quarter valued at about $170,000. Hedge funds and other institutional investors own 68.53% of the company’s stock.

Insider Activity at Bandwidth

In other Bandwidth news, General Counsel Richard Brandon Asbill sold 5,629 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $15.70, for a total value of $88,375.30. Following the completion of the sale, the general counsel now owns 57,475 shares of the company’s stock, valued at $902,357.50. This represents a 8.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO David A. Morken sold 2,777 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $17.39, for a total transaction of $48,292.03. Following the transaction, the chief executive officer now owns 109,783 shares in the company, valued at $1,909,126.37. The trade was a 2.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 70,510 shares of company stock valued at $1,109,806 over the last 90 days. 6.20% of the stock is owned by insiders.

Bandwidth Company Profile

Bandwidth is a leading enterprise cloud communications company. Companies like Cisco, Google, Microsoft, RingCentral, Uber, and Zoom use Bandwidth’s APIs to easily embed voice, messaging, and emergency services into software and applications. Bandwidth is the first and only CPaaS provider offering a robust selection of communications APIs built around their own IP voice network.