Key Takeaways From Bandwidth Analyst Ratings
Portfolio Pulse from Benzinga Insights
Bandwidth (NASDAQ:BAND) has been analyzed by four analysts, showing a range of sentiments from somewhat bullish to somewhat bearish. The average 12-month price target has decreased by 11.21% to $23.75. Analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance. Despite challenges, Bandwidth shows strong financial performance with impressive revenue growth, net margin, ROE, and ROA.
August 27, 2024 | 1:00 pm
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NEUTRAL IMPACT
Bandwidth has received mixed analyst ratings, with a decrease in the average price target by 11.21% to $23.75. Analysts have adjusted their ratings, reflecting dynamic market conditions. Despite challenges, Bandwidth shows strong financial performance with impressive revenue growth, net margin, ROE, and ROA.
The mixed analyst ratings and decreased price target suggest a neutral short-term impact on BAND's stock price. However, the company's strong financial performance metrics, such as revenue growth and profitability, provide a positive outlook, balancing the negative sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100