|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||127.12 - 131.00|
|52 Week Range||107.01 - 198.60|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 28, 2021 - Aug 02, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||182.22|
Bandwidth stock now trades down roughly 40% from the lifetime high it hit last year. Is it time to buy?
Bandwidth (BAND) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
This has weighed heavily on high-flying SaaS stocks like Twilio (NYSE: TWLO) that crushed the market last year but have failed to replicate their magic in 2021. Twilio's share price has fallen sharply in the past month despite a terrific start to the new fiscal year and a solid outlook that indicates high levels of growth even as the world starts returning to normalcy. Rival communications-platform-as-a-service (CPaaS) provider Bandwidth (NASDAQ: BAND) has also suffered, losing nearly a quarter of its market capitalization in 2021.