Radware (NASDAQ:RDWR) Stock Passes Above 200 Day Moving Average - Here's What Happened

Key Points

• Radware's stock price has recently surpassed its 200-day moving average of $24.73, reaching a high of $27.70 and closing at $27.56 during trading.
• Analysts have varied views on Radware, with Jefferies raising its price target to $30 and Barclays increasing its target from $30 to $35, while a recent consensus rating remains at "Moderate Buy" with an average price target of $32.50.
• In its most recent earnings report, Radware posted $0.28 EPS, beating expectations and showing a year-over-year revenue growth of 10.3% to $74.22 million.

Radware Ltd. (NASDAQ:RDWR - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.73 and traded as high as $27.70. Radware shares last traded at $27.56, with a volume of 124,549 shares trading hands.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Jefferies Financial Group lifted their price objective on Radware from $25.00 to $30.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Barclays restated an "overweight" rating and issued a $35.00 target price (up previously from $30.00) on shares of Radware in a research note on Thursday, July 31st. Wolfe Research assumed coverage on Radware in a research note on Tuesday, July 8th. They issued an "outperform" rating on the stock. Finally, Wall Street Zen cut Radware from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 30th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $32.50.

Radware Stock Performance

The business has a fifty day simple moving average of $26.08 and a 200 day simple moving average of $24.73. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 86.13 and a beta of 0.99.

Radware (NASDAQ:RDWR - Get Free Report) last issued 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. Radware had a return on equity of 6.11% and a net margin of 4.90%.The firm had revenue of $74.22 million for the quarter, compared to analyst estimates of $73.42 million. During the same period in the prior year, the firm posted $0.20 EPS. The company's revenue for the quarter was up 10.3% on a year-over-year basis. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. On average, sell-side analysts forecast that Radware Ltd. will post 0.28 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its position in shares of Radware by 257.1% during the 1st quarter. Quantbot Technologies LP now owns 9,292 shares of the information technology services provider's stock valued at $201,000 after acquiring an additional 6,690 shares during the period. R Squared Ltd lifted its position in shares of Radware by 342.2% during the 1st quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider's stock valued at $265,000 after acquiring an additional 9,480 shares during the period. Teacher Retirement System of Texas lifted its position in shares of Radware by 69.4% during the 1st quarter. Teacher Retirement System of Texas now owns 16,060 shares of the information technology services provider's stock valued at $347,000 after acquiring an additional 6,582 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Radware by 18.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,941 shares of the information technology services provider's stock valued at $416,000 after acquiring an additional 2,960 shares during the period. Finally, Deutsche Bank AG lifted its position in shares of Radware by 5.6% during the 4th quarter. Deutsche Bank AG now owns 19,689 shares of the information technology services provider's stock valued at $444,000 after acquiring an additional 1,040 shares during the period. 73.12% of the stock is owned by institutional investors and hedge funds.

Radware Company Profile

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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