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Technology - Software - Infrastructure - NASDAQ - IL
$ 19.81
0.253 %
$ 846 M
Market Cap
141.5
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RDWR stock under the worst case scenario is HIDDEN Compared to the current market price of 19.8 USD, Radware Ltd. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RDWR stock under the base case scenario is HIDDEN Compared to the current market price of 19.8 USD, Radware Ltd. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one RDWR stock under the best case scenario is HIDDEN Compared to the current market price of 19.8 USD, Radware Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart RDWR

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$25.0$25.0$24.5$24.5$24.0$24.0$23.5$23.5$23.0$23.0$22.5$22.5$22.0$22.0$21.5$21.5$21.0$21.0$20.5$20.5$20.0$20.0$19.5$19.515 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
275 M REVENUE
5.20%
-3.19 M OPERATING INCOME
89.94%
6.04 M NET INCOME
127.97%
71.6 M OPERATING CASH FLOW
2145.97%
-39.5 M INVESTING CASH FLOW
-42.60%
-3.91 M FINANCING CASH FLOW
93.97%
73 M REVENUE
5.10%
1.12 M OPERATING INCOME
18783.33%
2.45 M NET INCOME
-22.01%
12.7 M OPERATING CASH FLOW
-13.32%
-29.5 M INVESTING CASH FLOW
-211.79%
-14.8 K FINANCING CASH FLOW
12.41%
Balance Sheet Radware Ltd.
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Current Assets 321 M
Cash & Short-Term Investments 276 M
Receivables 16.8 M
Other Current Assets 28.3 M
Non-Current Assets 298 M
Long-Term Investments 29.5 M
PP&E 34.1 M
Other Non-Current Assets 234 M
44.58 %4.57 %4.77 %5.51 %37.85 %Total Assets$618.7m
Current Liabilities 168 M
Accounts Payable 5.58 M
Short-Term Debt 4.75 M
Other Current Liabilities 158 M
Non-Current Liabilities 93.1 M
Long-Term Debt 13.5 M
Other Non-Current Liabilities 79.6 M
60.45 %5.17 %30.43 %Total Liabilities$261.6m
EFFICIENCY
Earnings Waterfall Radware Ltd.
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Revenue 275 M
Cost Of Revenue 53.3 M
Gross Profit 222 M
Operating Expenses 226 M
Operating Income -3.19 M
Other Expenses -9.22 M
Net Income 6.04 M
300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)275m(53m)222m(226m)(3m)9m6mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
80.63% GROSS MARGIN
80.63%
-1.16% OPERATING MARGIN
-1.16%
2.20% NET MARGIN
2.20%
1.91% ROE
1.91%
0.98% ROA
0.98%
-0.33% ROIC
-0.33%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Radware Ltd.
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70m70m60m60m50m50m40m40m30m30m20m20m10m10m00(10m)(10m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 6.04 M
Depreciation & Amortization 11.8 M
Capital Expenditures -5.28 M
Stock-Based Compensation 0
Change in Working Capital 24.8 M
Others 47.5 M
Free Cash Flow 66.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Radware Ltd.
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Wall Street analysts predict an average 1-year price target for RDWR of $23 , with forecasts ranging from a low of $23 to a high of $23 .
RDWR Lowest Price Target Wall Street Target
23 USD 16.10%
RDWR Average Price Target Wall Street Target
23 USD 16.10%
RDWR Highest Price Target Wall Street Target
23 USD 16.10%
Price
Max Price Target
Min Price Target
Average Price Target
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4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Radware Ltd.
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7. News
Radware Named as a Strong Performer in Analyst Report for Web Application Firewall Solutions MAHWAH, N.J., March 20, 2025 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, has been named a Strong Performer in The Forrester Wave: Web Application Firewall Solutions, Q1 2025. Radware was among the 10 top web application firewall (WAF) vendors included in the market overview. globenewswire.com - 1 month ago
Radware to Open New Data Center in Lima Peru Built to provide local customers with market-leading security against application and network attacks Built to provide local customers with market-leading security against application and network attacks globenewswire.com - 1 month ago
Radware and CHT Security Join Forces to Deliver AI-Powered Application Security in Taiwan Provide one-stop shop to help organizations defend against a rise in hacker attacks Provide one-stop shop to help organizations defend against a rise in hacker attacks globenewswire.com - 1 month ago
Radware to Host its Hackers Challenge in Peru Hackers compete to breach protected applications, offering attendees first-hand cyber insights Hackers compete to breach protected applications, offering attendees first-hand cyber insights globenewswire.com - 1 month ago
Radware's Cyber Threat Report: Web DDoS Attacks Surge 550% in 2024 Geopolitics, growing threat surface, and AI-tech drive bigger, longer, more intense attacks Geopolitics, growing threat surface, and AI-tech drive bigger, longer, more intense attacks globenewswire.com - 1 month ago
Earnings Estimates Moving Higher for Radware (RDWR): Time to Buy? Radware (RDWR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. zacks.com - 1 month ago
Radware Ltd. (RDWR) Q4 2024 Earnings Call Transcript Radware Ltd. (NASDAQ:RDWR ) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Company Participants Yisca Erez – Director, Investor Relations Roy Zisapel – President and Chief Executive Officer Guy Avidan – Chief Financial Officer Conference Call Participants Chris Reimer – Barclays Ryan Koontz – Needham & Company Tim Horan – Oppenheimer Operator Welcome to the Radware Conference Call discussing Fourth Quarter and Full Year 2024 Results, and thank you all for holding. seekingalpha.com - 2 months ago
Radware (RDWR) Q4 Earnings and Revenues Top Estimates Radware (RDWR) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.13 per share a year ago. zacks.com - 2 months ago
Radware Reports Fourth Quarter and Full Year 2024 Financial Results Fourth Quarter 2024 Financial Results and Highlights globenewswire.com - 2 months ago
Radware Delivers AI-Driven DDoS Protection for TelemaxX Telekommunikation's Scrubbing Center MAHWAH, N.J., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced it expanded its relationship with TelemaxX Telekommunikation GmbH. globenewswire.com - 2 months ago
Radware Schedules Conference Call for Its Fourth Quarter and Full Year 2024 Earnings TEL AVIV, Israel, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Radware ® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, will announce its fourth quarter and full year 2024 financial results on Wednesday, February 12, 2025. Conference Call Details Radware management will host a call on Wednesday, February 12, 2025, at 8:30 a.m. globenewswire.com - 3 months ago
Radware: A Cheaply Valued Cybersecurity Leader Shares are up nearly 40% over the past year reflecting strong performance in the underlying business. I expect the annual revenue growth of 5% seen this year to accelerate in 2025 due to multiple factors, with continued margin expansion. With nearly half its market cap in cash, shares are attractively valued when considering its promising outlook. seekingalpha.com - 4 months ago
8. Profile Summary

Radware Ltd. RDWR

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COUNTRY IL
INDUSTRY Software - Infrastructure
MARKET CAP $ 846 M
Dividend Yield 0.00%
Description Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for applications in cloud, physical, and software defined data centers worldwide. The company offers DefensePro, a real-time network attack mitigation device; AppWall, a Web application firewall; Radware Kubernetes WAF, a Web application firewall solution for CI/CD environments orchestrated by Kubernetes; and DefenseFlow, a cyber-command and control application. It also provides Alteon, an application delivery controller/load balancer for web, cloud, and mobile based applications; and LinkProof NG, a multi-homing and enterprise gateway solution for connectivity of enterprise and cloud-based applications. In addition, the company offers Security Updates Subscription, which provides protection from network elements, hosts and applications against the latest security vulnerabilities and threats; ERT Active Attackers Feed that provides customers with information pertaining to attack sources recently involved in DDoS attacks and web attacks; Alteon Global Elastic License that enables a high level of flexibility for ADC services across datacenters, private and public clouds; APSolute Vision, a network monitoring tool for cyber security and application delivery solutions; and MSSP Portal, a DDoS detection and mitigation service portal. Further, it provides Cloud DDoS Protection Service, which offers a range of enterprise-grade DDoS protection services in the cloud, as well as technical support, professional, managed, and training and certification services to its customers. The company sells its products primarily to independent distributors, including value added resellers, original equipment manufacturers, and system integrators. Radware Ltd. was founded in 1996 and is headquartered in Tel Aviv, Israel.
Contact 22 Raoul Wallenberg Street, Tel Aviv, 6971917 https://www.radware.com
IPO Date Sept. 30, 1999
Employees 1137
Officers Mr. Amir Peles Executive Vice President of Technology & Engineering Mr. Yoav Gazelle Chief Business Officer Mr. Gabi Malka Chief Operating Officer Ms. Riki Goldriech Chief People Officer Mr. Gadi Meroz Vice President & General Counsel Ms. Sharon Trachtman Chief Marketing Officer & Chief Business Operation Officer Ms. Yisca Erez Director of Investor Relations Mr. Roy Zisapel Co-Founder, Chief Executive Officer, President & Director Mr. David Aviv Chief Technology Officer & Vice President of Advanced Services Mr. Alexander Krakhofer Head of Solution Architects of DACH