Weiss Ratings Reiterates "Hold (C)" Rating for Radware (NASDAQ:RDWR)

Key Points

• Weiss Ratings has reiterated a "Hold (C)" rating for Radware (NASDAQ:RDWR), indicating a cautious outlook for the stock amidst varying opinions from other analysts.
• The company's stock price target has been raised by Barclays to $35.00, reflecting a bullish sentiment, while Wall Street Zen has downgraded it from "strong-buy" to "buy."
• Radware's latest earnings report showed a 10.3% year-over-year revenue increase and an EPS of $0.28, surpassing analysts' expectations of $0.26.

Radware (NASDAQ:RDWR - Get Free Report)'s stock had its "hold (c)" rating restated by research analysts at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Several other research firms have also issued reports on RDWR. Wolfe Research assumed coverage on shares of Radware in a research report on Tuesday, July 8th. They set an "outperform" rating for the company. Wall Street Zen lowered shares of Radware from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 30th. Barclays restated an "overweight" rating and set a $35.00 price target (up from $30.00) on shares of Radware in a research report on Thursday, July 31st. Finally, Jefferies Financial Group upped their price target on shares of Radware from $25.00 to $30.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $32.50.

Radware Stock Up 1.4%

RDWR opened at $26.84 on Wednesday. The stock has a market cap of $1.15 billion, a PE ratio of 83.88 and a beta of 0.99. Radware has a 52 week low of $18.46 and a 52 week high of $31.57. The business's fifty day simple moving average is $25.71 and its 200 day simple moving average is $25.10.

Radware (NASDAQ:RDWR - Get Free Report) last released its earnings results 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 business had revenue of $74.22 million for the quarter, compared to analysts' expectations of $73.42 million. Radware had a return on equity of 6.11% and a net margin of 4.90%.The firm's revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 earnings per share. Radware has set its Q3 2025 guidance at 0.260-0.270 EPS. As a group, equities analysts anticipate that Radware will post 0.28 earnings per share for the current year.

Institutional Trading of Radware

Institutional investors have recently modified their holdings of the company. Quantbot Technologies LP boosted its holdings in shares of Radware by 257.1% during the first quarter. Quantbot Technologies LP now owns 9,292 shares of the information technology services provider's stock worth $201,000 after purchasing an additional 6,690 shares during the period. R Squared Ltd boosted its holdings in shares of Radware by 342.2% during the first quarter. R Squared Ltd now owns 12,250 shares of the information technology services provider's stock worth $265,000 after purchasing an additional 9,480 shares during the period. Teacher Retirement System of Texas boosted its holdings in shares of Radware by 69.4% during the first quarter. Teacher Retirement System of Texas now owns 16,060 shares of the information technology services provider's stock worth $347,000 after purchasing an additional 6,582 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Radware by 18.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,941 shares of the information technology services provider's stock worth $416,000 after purchasing an additional 2,960 shares during the period. Finally, Vident Advisory LLC purchased a new stake in shares of Radware during the second quarter worth about $485,000. 73.12% of the stock is currently owned by hedge funds and other 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.

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