|Bid||129.86 x 1200|
|Ask||129.87 x 800|
|Day's Range||125.09 - 131.79|
|52 Week Range||107.01 - 198.60|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.