Radware (NASDAQ:RDWR) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Key Points

• Radware Ltd. shares exceeded the 200-day moving average, trading at $24.86 with a recent high of $24.87.
• Analysts are optimistic, with target prices ranging from $30.00 to $35.00, and a consensus rating of "Moderate Buy."
• Radware reported a quarterly earnings beat with $0.28 EPS, exceeding expectations, and a revenue increase of 10.3% year-over-year.

Radware Ltd. (NASDAQ:RDWR - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $24.29 and traded as high as $24.87. Radware shares last traded at $24.86, with a volume of 136,621 shares changing hands.

Analyst Ratings Changes

RDWR has been the subject of a number of research reports. Jefferies Financial Group increased their price target on Radware from $25.00 to $30.00 and gave the company a "hold" rating in a research note on Thursday, July 24th. Barclays reiterated an "overweight" rating and issued a $35.00 price target (up from $30.00) on shares of Radware in a research note on Thursday, July 31st. Finally, Wolfe Research initiated coverage on Radware in a research report on Tuesday, July 8th. They set an "outperform" rating for the company. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Radware presently has an average rating of "Moderate Buy" and an average target price of $32.50.

Radware Trading Up 3.3%

The firm has a market capitalization of $1.10 billion, a P/E ratio of 80.44 and a beta of 0.97. The company has a 50-day moving average of $27.33 and a 200-day moving average of $24.36.

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in RDWR. Penserra Capital Management LLC bought a new position in shares of Radware in the 2nd quarter worth about $84,960,000. Artisan Partners Limited Partnership raised its position in shares of Radware by 26.0% in the 2nd quarter. Artisan Partners Limited Partnership now owns 2,698,680 shares of the information technology services provider's stock worth $79,449,000 after acquiring an additional 556,551 shares in the last quarter. Legal & General Group Plc raised its position in shares of Radware by 18.7% in the 2nd quarter. Legal & General Group Plc now owns 2,831,851 shares of the information technology services provider's stock worth $83,370,000 after acquiring an additional 445,593 shares in the last quarter. Nuveen LLC bought a new position in shares of Radware in the 1st quarter worth about $4,213,000. Finally, Man Group plc raised its position in shares of Radware by 506.9% in the 4th quarter. Man Group plc now owns 219,408 shares of the information technology services provider's stock worth $4,943,000 after acquiring an additional 183,258 shares in the last quarter. 73.12% of the stock is owned by institutional investors.

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.