Radware Ltd. RDWR

29.56 (0.23) (0.77%) as of 25 Sep
Market cap
$1.3B
P/E
75.7×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.05
Total sells 1.02
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — 1 — —
Sell — — — — — — — 3 — 1 1 1
Insider Ownership 18.54%

Capital & Financial Ratios

Market Cap 1,250.00
Revenue 317.81
Net Income 17.27
Free Cash Flow 32.49
Net Debt (248.44)
Current Ratio 1.63
Debt/Equity 0.00
P/E ratio 75.72
P/S ratio 3.88
P/B ratio 3.43
Past 5Y EPS Growth (22.00%)
This Y EPS Growth 5.80%
Next Y EPS Growth 11.78%
Next 5Y EPS Growth 14.33%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 331 276 257 248
Receivables 20 17 35 39
Inventory 16 14 13 14
Other 10 14 11 19
376 321 317 320
2023 2024 2025 Q'26
Payables 4 6 7 8
ST’ Debt — — — —
Other — — — 2
155 168 194 196
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.38% 3.84% 0.95%
Cash Flow 2.50% (4.74%) 15.93%
Earnings 0.87% 16.02% 0.00%
Book Value 2.04% 0.11% 1.97%

Revenue

Mar Jun Sep Dec Year
’26 80 82 — — —
’25 72 74 75 80 302
’24 65 67 69 73 275
’23 69 66 62 65 261
’22 74 75 71 74 293
’21 67 70 73 77 286
’20 60 58 63 69 250
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 18 11 — — —
’25 22 14 (4) 17 50
’24 21 23 15 13 72
’23 (1) 5 (10) 3 (3)
’22 (10) 32 2 10 32
’21 16 9 18 29 72
’20 21 18 7 18 64
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 15 9 — — —
’25 21 12 (6) 14 42
’24 19 22 13 12 66
’23 (3) 3 (11) 2 (9)
’22 (43) 29 (31) 8 23
’21 15 8 16 27 66
’20 19 15 5 16 55
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.08 0.04 — — —
’25 0.10 0.09 0.13 0.13 0.45
’24 (0.03) 0.04 0.07 0.06 0.14
’23 (0.07) (0.13) (0.16) (0.14) (0.50)
’22 0.08 0.07 (0.07) (0.09) 0.00
’21 0.08 0.10 0.10 (0.12) 0.16
’20 0.05 0.01 0.08 0.06 0.20
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2.3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
9.98 14.04 18.00 21.99 16.02 24.93 17.42 13.53 15.71 18.46

Analyst estimates 2026–2028

Powerpack
Low Price
15.20 20.78 28.50 26.98 27.89 42.19 41.67 23.35 24.76 31.57
High Price
979 978 961 1,094 1,122 1,143 1,278 1,218 1,208 1,296
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
197 211 234 252 250 286 293 261 275 302
Revenue
81.84% 81.26% 82.22% 82.08% 81.97% 81.69% 81.64% 80.21% 80.63% 80.67%
Gross Margin
(7) (2) 15 26 14 23 5 (18) 13 29
EBT
(3.56%) (0.87%) 6.31% 10.20% 5.58% 7.90% 1.61% (6.79%) 4.61% 9.71%
EBT Margin
(9) (7) 12 23 10 8 0 (22) 6 20
Net Income
10 11 10 11 11 10 12 12 12 12
Depreciation
4.48 4.86 5.18 5.38 5.38 6.24 6.53 6.09 6.55 7.04
Revenue/Sh
(0.20) (0.17) 0.26 0.48 0.21 0.17 0.00 (0.50) 0.14 0.47
Earnings/Sh
0.88 0.72 1.09 1.13 1.37 1.56 0.72 (0.08) 1.71 1.17
Cash Flow/Sh
(0.21) (0.17) (0.20) (0.17) (0.19) (0.12) (0.20) (0.13) (0.13) (0.20)
Capex/Sh
0.66 0.56 0.89 0.95 1.19 1.44 0.52 (0.21) 1.58 0.97
Free CF/Sh
6.83 7.25 8.04 8.44 8.36 8.06 8.20 7.54 8.51 9.11
Book Value/Sh
44 43 45 47 46 46 45 43 42 43
Shares
0.00 0.00 87.35 53.71 135.70 244.94 0.00 0.00 160.93 51.26
PE Ratio
3.23 4.00 4.39 4.79 5.16 6.67 3.07 2.68 3.44 3.42
PS Ratio
2.12 2.68 2.83 3.05 3.32 5.17 2.45 2.17 2.65 2.64
PB Ratio
2.08 3.05 3.04 4.08 3.91 5.67 2.06 1.42 2.44 2.60
EV/Sales
18.67 26.58 17.63 23.02 17.73 24.55 (16.45) (5.37) 105.86 (42.52)
EV/FCF
38 31 49 53 64 72 32 (3) 72 50
Op' Cash Flow
(9) (7) (9) (8) (9) (6) (9) (5) (5) (9)
Capex
29 24 40 45 55 66 23 (9) 66 42
FCF
182 143 241 96 204 155 170 221 152 122
Working Cap'
— — — 19 30 27 24 — — —
Total Debt
(226) (201) (316) (178) (310) (288) (298) (331) (276) (257)
Net Debt
300 315 364 395 388 370 368 323 357 391
Sh' Equity
(2.01%) (1.66%) 2.34% 4.00% 1.58% 1.24% (0.03%) (3.55%) 1.01% 3.14%
ROA
(10.81%) (3.64%) 9.89% 4.86% 4.94% 13.87% (2.96%) 0.00% (2.99%) 5.34%
ROIC
(2.80%) (2.44%) 3.45% 5.94% 2.46% 2.06% (0.04%) (6.24%) 1.77% 5.42%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Radware Ltd. (RDWR) key facts

  • Radware Ltd. (RDWR) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • Radware Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $301.9 million, up 9.81% from fiscal 2024.
  • As of September 25, 2026, RDWR traded at $29.56, a market capitalization of $1.3 billion.
  • Return on equity was 5.42% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Radware Ltd. (RDWR) Latest News

News by impact score

Fine-tune

9 Sep

4

Radware's H1 2026 Global Threat Report shows Web DDoS attacks jumped more than 110% as cyber threats accelerate. Surging DDoS attacks increase demand for Radware's cybersecurity solutions and strengthen its market position.

13 Aug

3

Radware Ltd. is positioned as a Leader in the SPARK Matrix™: API Security, 2026 by QKS Group. Leader status in API security matrix boosts Radware visibility and positioning within cybersecurity offerings.

3 Aug

3

Radware reported higher sales but weaker profitability, triggering an 11.3% stock decline. Mixed earnings with rising sales but falling profits point to margin pressure that can affect near-term valuation and sentiment.

2 Aug

3

Radware Ltd. (RDWR) grew sales while profits fell, prompting questions on whether its premium valuation remains justified. Mixed quarterly results with sales gains offset by profit declines can moderately sway near-term investor sentiment and valuation views for Radware.

29 Jul

4

Radware Ltd reported record revenue in Q2 2026 with a surge in cloud ARR. Record revenue and cloud ARR surge point to strong growth that can shift Radware's financial trajectory and investor sentiment.

4

Radware Ltd. reported its second quarter 2026 financial results. Quarterly earnings directly shape stock valuation and investor sentiment.

3 transcript

Radware Ltd. (RDWR) released Q2 earnings call highlights covering financial results, revenue figures, profitability metrics, and management commentary on operations and outlook. Q2 earnings updates typically affect short-term stock sentiment and valuation without fundamentally shifting long-term strategy or market position.

28 Jul

3

Skyhawk Security’s AI Red Team integrates with AWS Continuum to stop AI autonomous attacks. Skyhawk AWS integration adds moderate visibility to Radware cybersecurity offerings without immediate major financial shifts.

21 Jul

3

Radware survey highlights urgent need to secure new AI layers against emerging threats. Survey raises Radware profile in fast-growing AI security segment with moderate market impact.

15 Jul

4

Radware introduces cloud-augmented protection for DefensePro X, initially featuring Web DDoS Defense. New cloud feature directly upgrades core DefensePro X product line and strengthens cybersecurity market position.

7 Jul

4

Radware Ltd. expands Agentic AI Protection with added AI Governance Reporting and Claude Code Protection. Product expansion into AI governance and code protection strengthens Radware's cybersecurity offerings and market position.

25 Jun

3

Radware Ltd. partners with Dataiku to secure enterprise AI deployments, expanding Radware's role in AI adoption and solutions. Partnership adds AI security capabilities with moderate potential to boost Radware revenue and positioning.

16 Jun

4

Radware launches AI Xploit Shield to let organizations protect systems first and apply patches safely. New AI cybersecurity product strengthens Radware core offerings and competitive position.

1 Jun

4 transcript

Radware Ltd. held Q4 2025 earnings call covering financial results, business performance, and future outlook. Quarterly earnings release and guidance directly shape near-term valuation and trading activity.

3 transcript

Radware Ltd. (RDWR) released Q1 2026 earnings transcript detailing quarterly financial results, guidance, and operational updates. Standard quarterly earnings updates deliver financial metrics and outlook that moderately shape near-term sentiment and positioning.

27 May

3

Radware Ltd reported Q1 results with key financial and operational metrics detailed in the analysis. Q1 earnings numbers offer moderate insight into near-term performance and market positioning.

16 May

3

Radware reports solid profits but shows weak fundamentals that raise questions about earnings quality and sustainability. Weak fundamentals signal potential pressure on future earnings sustainability and investor sentiment.

8 May

3

Radware reported Q1 revenue of $61.4 million, up 10% year-over-year and beating estimates. Non-GAAP EPS was $0.09 versus expected $0.06. Cloud security revenue surged 24%. Full-year revenue guidance raised to $252-258 million. Management highlighted strong demand for multi-cloud security and partner ecosystem growth. Q1 earnings beat and raised guidance signal moderately positive financial momentum balanced by ongoing cybersecurity market competition.

7 May

4

Radware Ltd. (RDWR) reported first quarter 2026 financial results. Quarterly financial results disclosure typically drives significant stock price movements and shapes investor expectations for future performance.

5 May

4

Godshield Pro's launch in Taiwan threatens to alter the bullish case for Radware (RDWR), potentially impacting its competitive edge and market performance. Godshield Pro's Taiwan launch introduces major competitive pressure on Radware's core cybersecurity operations.

4

Radware partners with Chief Telecom to launch Godshield Pro, an advanced DDoS protection service tailored for Taiwan's market, enhancing cybersecurity offerings through local infrastructure and expertise. Strategic partnership launches new DDoS service in Taiwan, expanding Radware's market reach and revenue potential in Asia.

8 Apr

4

Radware launches AI-powered security tool, raising questions on its potential to drive company growth amid intensifying cybersecurity threats and market competition. AI-powered security tool launch signals major strategic innovation poised to enhance competitive positioning and revenue growth.

24 Mar

3

Skyhawk Security links AI Red Team cloud attack scenarios to tradecraft of known threat actors. Demonstrates Radware's Skyhawk expertise in bridging simulated AI attacks to real threats, strengthening competitive positioning in cybersecurity.

3 Mar

4

Radware announces a DDoS industry first: blocking encrypted attacks without SSL decryption, enhancing protection while preserving privacy and performance. Introducing an industry-first encrypted DDoS blocking technology without decryption strengthens Radware's leadership in cybersecurity and could drive revenue growth.

2 Mar

4

Radware Ltd. (RDWR) partners with Bell Cyber, potentially strengthening its North American competitive edge in AI cloud security. Bell Cyber partnership constitutes a major strategic move boosting RDWR's positioning in North American AI cloud security.

24 Feb

4

Radware presented growth plan at Investor Day emphasizing cloud security advancements, API protection expansion, and agentic AI defenses to drive future performance. Strategic Investor Day announcements on cloud security, API expansion, and agentic AI protection represent major initiatives poised to enhance Radware's competitive edge and market trajectory.

19 Feb

4

Radware's 2026 Global Threat Report reveals DDoS attacks increased 168% amid escalating cyber threats targeting networks and applications. Radware's report on surging DDoS attacks highlights growing demand for its cybersecurity protections, likely boosting market position and investor sentiment.

17 Feb

4

Bell Cyber and Radware expand AI-driven, cloud-delivered security services to counter evolving cyber threats. Partnership expansion bolsters Radware's AI cybersecurity offerings and market reach.

13 Feb

4

Radware Ltd. (RDWR) shares surged 11.5% following the company's strong 2025 results and a strategic push into AI security solutions. The positive financial performance and innovative product offerings have bolstered investor confidence, reflecting a growing demand for cybersecurity services amid increasing digital threats. This momentum positions Radware favorably in the competitive landscape. The AI security push and solid financial results are likely to significantly impact Radware's future performance and market positioning.

4

Radware Ltd. (RDWR) is highlighted as a potential investment opportunity in February 2026, showcasing its innovative solutions in application delivery and cyber security. The company is positioned to benefit from increasing demand for cloud services and enhanced security measures. Analysts suggest that Radware's strategic initiatives and product offerings could lead to significant growth, making it a noteworthy stock to watch in the tech sector. Radware's strategic initiatives and market positioning are likely to significantly influence its future performance and investor sentiment.

stockrow.com/RDWR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com