Weiss Ratings reissued their hold (c-) rating on shares of Radware (NASDAQ:RDWR – Free Report) in a research report released on Friday,Weiss Ratings reports.
Several other equities analysts have also recently issued reports on RDWR. Jefferies Financial Group boosted their target price on Radware from $25.00 to $30.00 and gave the stock a “hold” rating in a research report on Thursday, July 24th. Wall Street Zen lowered Radware from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 30th. Wolfe Research assumed coverage on Radware in a research report on Tuesday, July 8th. They issued an “outperform” rating for the company. Finally, Barclays restated an “overweight” rating and set a $35.00 target price (up from $30.00) on shares of Radware in a research report on Thursday, July 31st. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.50.
Check Out Our Latest Research Report on Radware
Radware Stock Performance
Radware (NASDAQ:RDWR – Get Free Report) last issued its earnings results on Wednesday, October 29th. The information technology services provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01. The business had revenue of $75.31 million for the quarter, compared to the consensus estimate of $74.97 million. Radware had a net margin of 5.66% and a return on equity of 6.83%. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 earnings per share. Radware has set its Q4 2025 guidance at 0.290-0.300 EPS. As a group, equities analysts predict that Radware will post 0.28 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. raised its stake in shares of Radware by 200.9% during the 3rd quarter. Pacer Advisors Inc. now owns 2,341 shares of the information technology services provider’s stock worth $62,000 after buying an additional 1,563 shares during the last quarter. Vident Advisory LLC acquired a new position in Radware during the second quarter worth about $485,000. Tidal Investments LLC lifted its holdings in shares of Radware by 23.8% in the second quarter. Tidal Investments LLC now owns 30,141 shares of the information technology services provider’s stock valued at $887,000 after purchasing an additional 5,803 shares in the last quarter. Man Group plc grew its position in shares of Radware by 4.8% in the second quarter. Man Group plc now owns 270,897 shares of the information technology services provider’s stock valued at $7,975,000 after purchasing an additional 12,414 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of Radware by 5.3% in the second quarter. Lazard Asset Management LLC now owns 44,218 shares of the information technology services provider’s stock valued at $1,301,000 after purchasing an additional 2,232 shares during the last quarter. Hedge funds and other institutional investors own 73.12% of the company’s stock.
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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