BAND — Bandwidth Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Bandwidth Inc

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United States and internationally. The company's platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. Its platform also provides voice services through SIP or programmable voice application programming interfaces (API); software APIs… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$61.18
Market Cap$1.97B
Float28.9M
Shares Outstanding30.1M
P/E (Forward)23.04
Price/Sales (TTM)2.49
vs. Analyst Target-8.9% to analyst PT
Profit Margin-0.64%
Operating Margin (TTM)-2.21%
Revenue (TTM)$788M
Dividend RateNone
Analyst Target Price$55.75 (6 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $343M -$44.0M $158M $8.1M
2021 $491M -$27.4M $219M $39.8M
2022 $573M $19.6M $238M $62.9M
2023 $601M -$16.3M $236M $32.5M
2024 $748M -$6.5M $280M $42.1M
2025 $754M -$12.9M $270M $42.6M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $180M -$4.9M
Sep 2025 $192M -$1.2M
Dec 2025 $208M -$3.0M
Mar 2026 $209M $4.1M

Ownership & Float

Insider Ownership3.2%
Institutional Ownership81.0%
Short Float3.8%
% of All Funds Holding1.73%
Number of Funds Holding142

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$36.95Near-term / short-term trend
Weekly40-Week SMA$20.55Medium-term trend
Weekly80-Week SMA$18.04Cyclical trend (business cycle)
Weekly200-Week SMA$16.94Secular trend (multi-year)
Monthly10-Month SMA$22.21Near-term monthly trend
Monthly20-Month SMA$19.14Medium-term monthly trend
Monthly40-Month SMA$17.34Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$37.70 support 2.79x 0 months ago
$18.00 support 1.92x 0 months ago
$14.40 support 1.69x 1 months ago

Historical Earnings Reactions (35 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 3.10% 1.73% 74.29% 32.36% -21.01%
1 Day 2.19% 0.73% 60.00% 41.63% -32.10%
1 Week 0.65% -0.67% 45.71% 40.33% -36.27%
2 Weeks 1.34% -1.64% 42.86% 60.73% -40.86%
1 Month 3.46% 1.69% 55.88% 77.97% -32.47%

Next earnings: July 19, 2026 (53 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan3.0%66.7%9
Feb-3.0%44.4%9
Mar2.1%55.6%9
Apr9.7%44.4%9
May6.6%50.0%8
Jun4.8%75.0%8
Jul2.7%37.5%8
Aug0.8%50.0%8
Sep-5.1%50.0%8
Oct-3.2%12.5%8
Nov7.2%37.5%8
Dec3.4%77.8%9

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.14% 49.6% 401
Tuesday 0.22% 53.2% 442
Wednesday 0.33% 50.0% 438
Thursday 0.19% 52.3% 430
Friday 0.08% 52.3% 432

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 81.0%

Insider Transactions — Smart Summary

Total insider ownership: 3.2%

Founder-led management: David Morken (Co-Founder, Chief Executive Officer, and Chairman)

12-Month Insider Activity Summary

Total Filings53
Net Value-$13.5M
Net Shares Change-254,827
% of Float-0.9%
C-Suite Filings49
Clusters Detected5

Key Insiders

NameTitleNet ValueFilingsActivity
Agarwal Devesh Chief Operating Officer -$2.6M 3 3 sell
Raiford Daryl E Chief Financial Officer -$1.1M 3 3 sell
Asbill Richard Brandon General Counsel -$882,908 1 1 sell
Bottorff Rebecca Chief People Officer -$426,986.43 1 1 sell
Krupka Devin M Controller, PAO -$291,740.099 2 2 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-05-30 – 2025-06-10 9 7 -$612,338.557 9 C-suite
2025-09-02 – 2025-09-12 11 9 -$1.3M 10 C-suite
2025-11-24 – 2025-12-04 10 9 -$937,052.379 8 C-suite
2026-03-03 – 2026-03-16 8 5 -$2.5M 8 C-suite
2026-05-04 – 2026-05-14 8 6 -$7.0M 7 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-14 Agarwal Devesh Chief Operating Officer -$1.0M Transaction at $52.13, now +17.4%
2026-05-21 Agarwal Devesh Chief Operating Officer -$858,658.5 Transaction at $57.24, now +6.9%
2026-05-05 Krupka Devin M Controller, PAO -$204,591.539 Transaction at $46.04, now +32.9%
2026-05-05 Asbill Richard Brandon General Counsel -$882,908 Transaction at $44.15, now +38.6%
2026-05-05 Agarwal Devesh Chief Operating Officer -$677,079 Transaction at $45.14, now +35.5%
2026-05-04 Bottorff Rebecca Chief People Officer -$426,986.43 Transaction at $45.30, now +35.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Bandwidth Inc (BAND) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for BAND on Trend Edge →