Summary:
- Bandwidth Inc. (BAND, Financial) surpasses Q1 earnings estimates.
- Shares decline despite strong 2025 guidance.
- Analyst consensus suggests a "Hold" rating with potential upside.
Bandwidth Inc. (BAND) recently showcased a robust Q1 performance, reporting non-GAAP earnings per share of $0.36, exceeding expectations by $0.09. The company also achieved a revenue milestone of $174 million, marking a 1.7% increase compared to the previous year. Despite these achievements, the company's shares experienced a 7% dip in pre-market trading, influenced by the broader market's response to its forward-looking guidance for 2025.
Wall Street Analysts Forecast
The consensus among five analysts points to an average one-year price target of $24.20 for Bandwidth Inc. (BAND, Financial). The estimates range from a high of $40.00 to a low of $11.00. This average target indicates a potential upside of 97.07% from the current trading price of $12.28. Investors seeking more in-depth estimates can explore the Bandwidth Inc (BAND) Forecast page.
Consensus recommendations from six brokerage firms assign Bandwidth Inc. (BAND, Financial) an average brokerage rating of 2.7, categorizing it as a "Hold." This rating operates on a scale where 1 signifies a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, the projected GF Value for Bandwidth Inc. (BAND, Financial) in the next year stands at $19.83. This suggests a potential upside of 61.48% from the current price of $12.28. The GF Value is a GuruFocus metric that estimates a stock's fair trading value, derived from historical trading multiples, previous business growth, and anticipated future performance. For further insights, visit the Bandwidth Inc (BAND) Summary page.
