tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Radcom’s Promising Growth Prospects and Strategic Wins Reinforce Buy Rating

Radcom’s Promising Growth Prospects and Strategic Wins Reinforce Buy Rating

Analyst Ryan Koontz from Needham maintained a Buy rating on Radcom and keeping the price target at $18.00.

TipRanks Black Friday Sale

Ryan Koontz has given his Buy rating due to a combination of factors including Radcom’s recent competitive success and its promising outlook for future growth. The company has recently secured a significant win with 1GLOBAL and anticipates further business opportunities with major US service providers by 2026, which is expected to diversify its revenue streams.
Additionally, industry insights suggest that the wireless sector, which has seen limited spending in recent years, may experience a growth surge starting in 2026. These developments, coupled with strategic plans for the upcoming fiscal year, have reinforced confidence in Radcom’s potential, leading to the maintenance of a Buy rating and an $18 price target.

Disclaimer & DisclosureReport an Issue

1