Radware

RDWR · NASDAQ

$29.33+$0.775 (+2.71%)TodayMarket closed · Oct 20, 4:38 PM ET

Prev close $28.55

RDWR analyst rating

HoldConsensus of 1 analyst over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold1
Underperform0
Sell0

12-month price target · 4 analysts

Average $31.11 (+6.1% upside)

Low: $27.27
Now: $29.33
High: $35.70

Upgrades and downgrades

The latest rating actions, newest first

RDWR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating
Needham	May 7, 2026	Maintains	Hold

The case for and against

Updated Jul 10, 2025

Bull case

Radware Ltd's cash, marketable securities, and long-term investments increased to $421.9 million in 4Q24, reflecting a robust financial position compared to $413.8 million in the previous quarter, indicating healthy liquidity. The company's management expressed an improved outlook, highlighting the growth potential of its DefensePro X product line, which is in the early stages of a refresh cycle and serves as a significant growth driver. Additionally, Radware is strategically positioned in the virtualization sector, with expectations to gain market share against competitors like F5 in the United States, bolstering its overall market standing.

Bear case

Radware faces significant challenges due to recent competitive product launches from key players like Cisco and F5, which may contribute to market sluggishness as buyers evaluate their options. Additionally, the overall networking sector is experiencing depressed valuations, partly driven by the concern that public cloud adoption is detracting from growth in in-house and private cloud IT spending. This trend, coupled with modest growth in IT spending, raises the prospect of stagnation in the combined private cloud/in-house market, further limiting Radware's revenue potential and impacting its stock outlook.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.