Bandwidth Inc. sees strong growth with 21% revenue rise and expanding AI business in FQ3 2026 forecast

Bandwidth Inc. maintains a Buy rating as it projects 21% revenue growth and 36% adjusted EBITDA increase for fiscal Q3 2026. The company benefits from over $1 million in new customer wins and strong recurring deployments, alongside improving non-GAAP gross margins at 59.4%. Its enterprise AI pipeline is gaining momentum, supported by disciplined capital allocation including buybacks and debt refinancing. Despite a premium valuation, the company’s operational leverage and AI-driven demand position it well for further growth if execution remains strong.

Bandwidth Inc. (BAND) trades at USD 53.27 on Pluang as of Oct 10, 2026 20:31 WIB, recovering from its 52-week low of USD 12.82 but still below the 52-week high of USD 78.44. Despite the strong Q3 growth outlook, Pluang order activity shows a predominance of selling at 76%, with a typical hold time of 11 days, indicating cautious investor sentiment in the near term.