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How to Buy Bandwidth Stock

Bandwidth Inc

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other.

Bandwidth stock last closed at $20.07, up 5.08% from the previous day, and has increased 40.15% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.34 percentage points. Bandwidth stock is currently +115% from its 52-week low of $9.34, and -19.79% from its 52-week high of $25.02.

As of Jul 16, 2024, there are 27.01M BAND shares outstanding. The market capitalization of BAND is $542.04M. In the past 24 hours, 521,120 BAND shares were traded.

How to Buy Bandwidth Stock

Wondering how to invest in Bandwidth stock? Here's how.
  1. Choose where to buy Bandwidth stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Bandwidth stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. Analyze Bandwidth stock: The Bandwidth ticker symbol is BAND. Is Bandwidth stock a good investment? Should you buy shares of BAND? How do BAND's underlying business fundamentals look? Do top analysts think Bandwidth is a good buy? Why has BAND's stock price moved recently? (Hint: Our stock research tools can help you understand if BAND is a good stock to buy).
  5. Make your BAND purchase: Decide if you will purchase BAND shares at the current market price or use a limit order to purchase BAND stock at a particular price.
  6. Monitor your BAND position: Create a watchlist to keep tabs on your position in Bandwidth shares.

Step 1: Choose where to buy Bandwidth stock

You will need an online brokerage account in order to access the NASDAQ market and buy BAND shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal information so you can invest in BAND stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have opened your account on the best stock trading app, your next step is to transfer the money for your investment:

Watch this video walkthrough for more details depositing money into your investment account.

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Step 4: Analyze Bandwidth stock

Once you have figured out the best place to buy Bandwidth stock, it's important to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.

Overview of key BAND info

BAND Price
$20.07
1w %
15.74%
1y %
40.15%
5y %
-73.89%
P/E
-17.76x
P/B
1.82x
P/S
0.84x
PEG
N/A
Revenue
$634.31M
Earnings
-$29.19M
Fore. Rev. Growth
9.62%
Fore. Earn. Growth
N/A
Market Cap
$542.04M
Next Earnings
Jul 31, 2024
Next Dividend
N/A

Bandwidth Overview

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can see all of the due diligence checks on BAND's stock page.

How is BAND stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge BAND's fair value.

Using relative valuations measures:

  • BAND could be undervalued based on its P/B ratio of 1.82x, relative to Software - Infrastructure industry P/B ratio of 12.67x

You can do additional valuation research on BAND's stock here.

BAND Financial Health

Signs that BAND is financially healthy:

  • There are more short-term assets than short-term liabilities on the BAND balance sheet.

Signs that BAND is not financially healthy:

  • BAND profit margin has gone down from 5.2% to -4.6% in the past year.
  • BAND's operating cash flow of $47.82M allows it to safely service it's debt of $643.83M.
  • There are more long-term liabilities than short-term assets on the BAND balance sheet.
  • BAND has a relatively high debt to equity ratio of 2.64.
  • Total BAND debt is higher than 5 years ago, relative to shareholder equity.
  • BAND earnings of -$28.41M is not sufficient to cover its interest payments.

Is Bandwidth stock a Buy, Hold, or Sell, according to analysts?

Out of 7 Wall Street analysts who give recommendations on BAND, the consensus analyst rating on BAND is a Buy

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

Most Recent BAND Analyst Forecasts

William Power, a top 4% analyst from Baird maintains BAND with a hold rating and raises their BAND price target from $21.00 to $25.00, on May 8, 2024.

Ryan McKeveny, a bottom 39% analyst from Barclays maintains BAND with a strong buy rating and raises their BAND price target from $20.00 to $22.00, on Feb 29, 2024.

You can dive deeper into what analysts are saying on the Bandwidth stock forecast page.

Metrics for Advanced BAND Traders

SMA10
18.21
SMA20
17.14
SMA50
19.2
SMA100
18.64
SMA200
15.56
MACD
0.33
MACD Signal
-0.26
MACD Histogram
0.59
RSI
71.4
Stochastic %K
96.32
Stochastic %D
94.76
StochRSI %K
100
StochRSI %D
100

BAND Performance Metrics

Last year, BAND revenue was $634.31M. Over the past 5 year, BAND's revenue has increased by 25.42% per year. This was faster than the Software - Infrastructure industry average of 17.98%.

Dig into BAND's earnings and revenue performance here.

Are BAND insiders buying or selling the stock?

Over the last 12 months, executives and large shareholders at BAND have sold more shares than they have bought.

Kade Ross, Chief Information Officer of BAND, was the latest BAND insider to sell. They sold $59,206.00 worth of BAND shares on Jun 28, 2024.

Get more info about who owns BAND shares here.

Does BAND provide a stable income stream?

No, Bandwidth doesn't provide an income stream by paying out dividends.

What others are saying about BAND

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your BAND purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open button and your broker will place the order.

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Step 6: Monitor your BAND position

Now that you own some BAND shares, you'll want to stay up-to-date on your new company.

Make a watchlist to track the most important metrics related to your BAND stock.

BAND Feed

How to Buy Stock in Bandwidth

To reiterate, here are the 6 steps for buying Bandwidth stock:

  1. Choose where to buy Bandwidth stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Bandwidth stock
  5. Make your BAND purchase
  6. Monitor your BAND position

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your new investment in Bandwidth, hit the button below to create your watchlist.

NASDAQ: BAND
$20.07+0.97 (+5.08%)
Updated Jul 16, 2024
Open eToro Account
NASDAQ: BAND
$20.07+0.97 (+5.08%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Bandwidth share?

As of Jul 16, 2024, it costs $20.07 to buy one share of Bandwidth stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.498 shares of BAND.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Bandwidth stock?

According to 7 Wall Street analysts who monitor Bandwidth, their consensus recommendation is to buy Bandwidth stock.

What is the best way to buy Bandwidth stock?

One way to place an order for Bandwidth stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.