Radware Ltd. (NASDAQ:RDWR) Receives Average Rating of "Hold" from Brokerages

Key Points

• Radware Ltd. has received an average rating of "Hold" from five analysts, with three holding and two issuing buy ratings, and an average target price of $32.50.
• Institutional investors own approximately 73.12% of Radware's stock, with notable increases in positions from firms like Penserra Capital Management and Legal & General Group.
• In its latest quarter, Radware reported an EPS of $0.28, surpassing analysts' expectations, and revenue grew by 10.3% year-over-year, demonstrating solid business performance.

Radware Ltd. (NASDAQ:RDWR - Get Free Report) has received an average recommendation of "Hold" from the five analysts that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $32.50.

A number of research firms have issued reports on RDWR. Weiss Ratings reissued a "hold (c)" rating on shares of Radware in a report on Saturday, September 27th. Barclays reiterated an "overweight" rating and set a $35.00 price objective (up from $30.00) on shares of Radware in a research report on Thursday, July 31st. Wolfe Research began coverage on shares of Radware in a research report on Tuesday, July 8th. They issued an "outperform" rating for the company. Wall Street Zen cut shares of Radware from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th. Finally, Jefferies Financial Group increased their price objective on shares of Radware from $25.00 to $30.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Penserra Capital Management LLC bought a new position in shares of Radware during the second quarter valued at about $84,960,000. Legal & General Group Plc grew its stake in Radware by 18.7% during the second quarter. Legal & General Group Plc now owns 2,831,851 shares of the information technology services provider's stock valued at $83,370,000 after acquiring an additional 445,593 shares in the last quarter. Artisan Partners Limited Partnership grew its stake in Radware by 26.0% during the second quarter. Artisan Partners Limited Partnership now owns 2,698,680 shares of the information technology services provider's stock valued at $79,449,000 after acquiring an additional 556,551 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Radware by 8.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,718,260 shares of the information technology services provider's stock valued at $37,154,000 after acquiring an additional 130,699 shares in the last quarter. Finally, Acadian Asset Management LLC grew its stake in Radware by 3.9% in the 2nd quarter. Acadian Asset Management LLC now owns 1,715,089 shares of the information technology services provider's stock worth $50,454,000 after buying an additional 64,298 shares in the last quarter. 73.12% of the stock is owned by institutional investors.

Radware Price Performance

RDWR stock traded down $0.16 during midday trading on Friday, hitting $27.09. The company's stock had a trading volume of 71,581 shares, compared to its average volume of 203,170. The company's fifty day moving average price is $25.79 and its 200 day moving average price is $24.98. Radware has a twelve month low of $18.46 and a twelve month high of $31.57. The stock has a market capitalization of $1.16 billion, a P/E ratio of 84.66 and a beta of 0.99.

Radware (NASDAQ:RDWR - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The information technology services provider reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.26 by $0.02. The company had revenue of $74.22 million during the quarter, compared to the consensus estimate of $73.42 million. Radware had a net margin of 4.90% and a return on equity of 6.11%. The company's quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.20 EPS. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. Equities analysts expect that Radware will post 0.28 EPS for the current fiscal year.

About Radware

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers worldwide. The company operates in two segments, Radware's Core Business and The Hawks' Business. It offers DefensePro provides automated DDoS protection; Radware Kubernetes, a web application firewall solution; and Cyber Controller, a unified solution for management, configuration, and attack lifecycle.

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