Bandwidth (BAND) shares rose 14% week-to-date as of July 10, 2026. B. Riley analyst Erik Suppiger raised the price target for the stock to $85. The previous price target was $55. Suppiger maintained a buy recommendation for the company.
The positive revision stems from projected growth in artificial intelligence voice applications. Developers are currently building natural AI agents that require Bandwidth's specialized routing infrastructure.
Suppiger also increased full-year 2027 estimates for the company based on these trends. The market responded positively to this optimistic growth outlook.