Bandwidth (NASDAQ:BAND) stock price down 10.6% - Here's why. Posted by ABMN Staff on Nov 1st, 2026 Bandwidth Inc. (NASDAQ:BAND - Get Free Report)'s share price dropped 10.6% during trading on Friday. The stock traded as low as $45.05 and last traded at $47.4580. Approximately 423,250 shares traded hands during trading, a decline of 52% from the average session volume of 881,128 shares. The stock had previously closed at $53.11. Key Bandwidth news. Here are the key news stories impacting Bandwidth this week: * Quarterly results exceeded expectations. Bandwidth reported third-quarter revenue of $234.0 million, up 22% year over year, and adjusted EBITDA of approximately $34.8 million, up 43%. Adjusted EPS of $0.50 surpassed the $0.47 consensus estimate, while the company returned to GAAP profitability. * Management maintained its full-year outlook and offered a constructive 2027 view. Bandwidth reaffirmed 2026 revenue guidance of $905 million to $910 million and adjusted EBITDA guidance of $124 million to $125 million. It also expects double-digit Cloud Communications revenue growth in 2027, supported by voice-usage demand. * Some analysts remain bullish. A Seeking Alpha contributor reiterated a Buy rating, citing improving net revenue retention, accelerating fundamentals and what it considers an attractive valuation relative to growth. * Morgan Stanley raised its price target to $57 from $56 but kept an Equal Weight rating. The modest increase suggests limited near-term conviction despite additional implied upside. * Bandwidth amended its credit agreement and expanded its board with technology executive Chip Schroeder. Neither announcement provided a clearly material change to the near-term earnings outlook. * In-line guidance overshadowed the earnings beat. Investors appear to have expected a stronger forecast or additional upside after BAND's sharp rally; the reaffirmed outlook was characterized as insufficient to support the stock's elevated expectations. * Reported insider-trading data showed 87 insider sales and no purchases over the past six months, which may reinforce profit-taking concerns following the stock's significant advance. Wall street analyst weigh in. A number of research analysts have issued reports on the company. Citigroup reissued a "market outperform" rating on shares of Bandwidth in a report on Friday. Weiss Ratings cut shares of Bandwidth from a "hold (c)" rating to a "sell (d+)" rating in a research note on Friday, October 23rd. Citizens Jmp raised their price objective on shares of Bandwidth from $70.00 to $86.00 and gave the stock a "market outperform" rating in a research note on Monday, July 20th. B. Riley Financial lifted their target price on shares of Bandwidth from $55.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, July 9th. Finally, Needham & Company LLC reiterated a "buy" rating on shares of Bandwidth in a research note on Thursday, August 20th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $66.67. Bandwidth stock performance. The company has a debt-to-equity ratio of 0.87, a quick ratio of 2.04 and a current ratio of 2.04. The firm has a market capitalization of $1.52 billion, a PE ratio of -394.47, a price-to-earnings-growth ratio of 4.22 and a beta of 3.01. The firm's 50 day moving average price is $51.54 and its 200-day moving average price is $40.75. Bandwidth (NASDAQ:BAND - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.03. The firm had revenue of $234.02 million during the quarter, compared to analyst estimates of $233.15 million. Bandwidth had a return on equity of 3.67% and a net margin of 1.01%. The business's quarterly revenue was up 21.9% on a year-over-year basis. On average, research analysts expect that Bandwidth Inc. will post 0.63 EPS for the current year. Insiders place their bets. In related news, insider Rebecca Bottorff sold 2,713 shares of Bandwidth stock in a transaction on Monday, August 31st. The shares were sold at an average price of $49.15, for a total value of $133,343.95. Following the sale, the insider owned 10,704 shares of the company's stock, valued at approximately $526,101.60. This trade represents a 20.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Devesh Agarwal sold 4,869 shares of the business's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $49.15, for a total transaction of $239,311.35. Following the completion of the sale, the chief operating officer directly owned 79,138 shares of the company's stock, valued at approximately $3,889,632.70. The trade was a 5.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 25,050 shares of company stock valued at $1,228,342. 5.26% of the stock is owned by insiders. Hedge funds weigh in on Bandwidth. A number of large investors have recently added to or reduced their stakes in BAND. Sterling Capital Management LLC increased its stake in shares of Bandwidth by 850.0% during the third quarter. Sterling Capital Management LLC now owns 988 shares of the company's stock worth $60,000 after purchasing an additional 884 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Bandwidth during the 2nd quarter worth about $70,000. State of Alaska Department of Revenue lifted its stake in Bandwidth by 43.1% in the 3rd quarter. State of Alaska Department of Revenue now owns 1,262 shares of the company's stock valued at $76,000 after buying an additional 380 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in Bandwidth in the 2nd quarter valued at about $94,000. Finally, Simplicity Wealth LLC purchased a new position in Bandwidth in the 3rd quarter valued at about $202,000. 68.53% of the stock is currently owned by institutional investors and hedge funds. About Bandwidth. Bandwidth Inc (NASDAQ:BAND) is a cloud communications company that provides application programming interfaces (APIs) and related network services for integrating voice, messaging and emergency communications into software applications. Its platform is designed for businesses, communications providers and technology companies that need to build communications capabilities into customer-facing products and internal workflows. The company's offerings include programmable voice, text messaging and toll-free messaging services, as well as emergency calling capabilities through its E911 solution. Receive News & Ratings for Bandwidth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bandwidth and related companies with MarketBeat.com's FREE daily email newsletter.

Bandwidth (NASDAQ:BAND) reported record third-quarter revenue of $234 million on its October 29, 2026 earnings call. Adjusted EBITDA rose 43% year over year, and the adjusted EBITDA margin hit a record 22%. The company has signed 11 deals worth more than $1 million in annual contract value since the start of the year. They are deploying in phases and will add to results over the next 12 months, chief executive officer David Morken said. Bandwidth owns its global network, so it earns from call volume rather than software seats and avoids AI model computing fees. Software services, including its Maestro orchestration layer, exited the quarter above $30 million in annual recurring revenue. Management sees the fourth quarter as the turning point for growth rates, with momentum building through 2027.

Bandwidth Inc (NASDAQ:BAND) reported record third-quarter 2026 revenue of $234 million, up 22% year-over-year. Adjusted EBITDA hit a record $35 million, up 43%, and free cash flow rose more than 150% to $33 million. The company raised the midpoint of its full-year 2026 outlook across all guidance metrics. It signed 11 deals worth more than $1 million in annual contract value this year, and expects double-digit cloud communications revenue growth in fiscal 2027. Bandwidth became the first certified carrier to support Salesforce's native contact center globally. It said Salesforce could become its largest customer by 2028. GAAP gross margin fell 200 basis points to 36%. The company also cut its political campaign revenue expectation by $3 million to $10 million for the year.