Bandwidth: Full Steam Ahead As Net Revenue Retention Soars

What happened: A Seeking Alpha analyst reiterated a Buy rating on Bandwidth ($BAND), citing strong fundamentals and a recent Q3 beat-and-raise. Key numbers: $BAND has more than tripled year-to-date. The Q3 beat-and-raise added about 10% to its rally. Enterprise value is $1.85 billion. Why it matters: The analyst views $BAND as an example of upside in overlooked small-cap software stocks and sees accelerating performance and attractive valuation despite sharp recent gains.

A Seeking Alpha analyst reiterated a Buy rating on Bandwidth ($BAND), citing strong fundamentals and a recent Q3 beat-and-raise.

The analyst views $BAND as an example of upside in overlooked small-cap software stocks and sees accelerating performance and attractive valuation despite sharp recent gains.