Joshua Reilly Lifts Bandwidth Price Target to $60 on Network Edge, AI Growth and Emerging Demand Catalysts

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2026.05.14 17:45
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Joshua Reilly from Needham has raised the price target for Bandwidth from $45 to $60, maintaining a Buy rating. This decision is based on the company's strong competitive edge due to its ownership of its communications network, emerging growth opportunities like Agentforce, and voice AI initiatives. Reilly believes these factors will enhance Bandwidth's long-term value and support above-trend growth. B. Riley Securities also holds a Buy rating with a $55 price target for the stock.