Bandwidth price target raised to $55 from $27 at B. Riley

B. Riley raised the firm’s price target on Bandwidth (BAND) to $55 from $27 and keeps a Buy rating on the shares. Bandwidth reported upside Q1 results with beats across revenue, EBITDA, and EPS, raised FY26 guidance, and highlighted accelerating AI voice-driven demand supported by a major Salesforce (CRM) partnership and a pipeline of ramping enterprise deals, with management signaling a second-half 2026 inflection as AI-native voice applications move into production across the broader ecosystem, the analyst tells investors in a research note.