Colliers Securities analyst Catharine Trebnick reiterated a Buy rating on Bandwidth (NASDAQ:BAND) Inc on Tuesday, setting a price target of $180, which is approximately 38.99% above the present share price of $129.51.
Trebnick expects Bandwidth Inc to post earnings per share (EPS) of -$0.21 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Bandwidth, with an average price target of $183.
The analysts price targets range from a high of $227 to a low of $125.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $113.48 million and a net profit of -$37 thousand. The company's market cap is $3.25 billion.
According to TipRanks.com, Colliers Securities analyst Catharine Trebnick is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.0% and a 59.20% success rate.
Bandwidth, Inc. provides cloud-based communications services. It offers data Internet, voice/voice over Internet protocol, messaging. managed network, and conferencing services. The firm serves the telecom needs of small and medium businesses. It operates through the following business segments: CPaaS and Other. The CPaaS segment includes software-powered communication platform such as, voice calling and messaging services. The Other Segment provides legacy services. The company was founded by Henry Kaestner and David Morken in 1999 and is headquartered in Raleigh, NC.