Radware (NASDAQ:RDWR) Issues Quarterly Earnings Results

Radware (NASDAQ:RDWR) issued its quarterly earnings data on Wednesday. The information technology services provider reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02, FiscalAI reports. The firm had revenue of $80.25 million during the quarter, compared to the consensus estimate of $78.65 million. Radware had a net margin of 5.66% and a return on equity of 6.73%. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.27 EPS.

Here are the key takeaways from Radware’s conference call:

• Radware reported record financials — Q4 revenue rose 10% y/y to $80M and non-GAAP EPS increased 19% to $0.32, with full-year revenue of $302M and EPS of $1.15.
• Cloud momentum is a key growth driver as cloud ARR accelerated to $95M (+23% y/y, +7% sequentially), helping subscription revenue grow 21% y/y.
• Product and portfolio expansion — launched Radware API Security Service, acquired Pynt to add API testing/full lifecycle coverage, and introduced Agentic AI Protection, positioning the company to capture new TAMs around API and AI security.
• Strong bookings and balance-sheet flexibility — RPO hit a record $400M, adjusted EBITDA increased materially for the year, cash and equivalents were ~$461M, and the company executed share repurchases.
• Near-term headwinds and regional softness — Americas revenue declined 4% in Q4 (despite strong bookings), APAC was down 3%, and management plans higher 2026 investments (Q1 OPEX guidance up, including ~$1.5M FX impact) that may pressure near-term margins.

Radware Trading Up 5.4%

Shares of NASDAQ:RDWR opened at $27.71 on Thursday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 72.92 and a beta of 0.95. Radware has a 12 month low of $18.46 and a 12 month high of $31.57. The company has a 50-day moving average price of $24.34 and a 200 day moving average price of $24.85.

Hedge Funds Weigh In On Radware

Several hedge funds have recently added to or reduced their stakes in the company. Squarepoint Ops LLC grew its stake in Radware by 4.5% in the third quarter. Squarepoint Ops LLC now owns 12,308 shares of the information technology services provider’s stock worth $326,000 after purchasing an additional 527 shares in the last quarter. Magnetar Financial LLC purchased a new position in shares of Radware during the third quarter valued at $818,000. Vident Advisory LLC bought a new stake in shares of Radware in the second quarter valued at about $485,000. Tidal Investments LLC grew its holdings in Radware by 23.8% during the 2nd quarter. Tidal Investments LLC now owns 30,141 shares of the information technology services provider’s stock worth $887,000 after acquiring an additional 5,803 shares in the last quarter. Finally, Engineers Gate Manager LP increased its position in Radware by 3.0% during the 2nd quarter. Engineers Gate Manager LP now owns 34,055 shares of the information technology services provider’s stock valued at $1,003,000 after purchasing an additional 990 shares during the period. 73.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wall Street Zen cut shares of Radware from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Radware in a report on Monday, December 29th. Finally, Jefferies Financial Group set a $25.00 price objective on shares of Radware in a research report on Tuesday, December 16th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Radware has a consensus rating of “Hold” and an average price target of $30.00.

Radware Company Profile

Radware Ltd. provides cybersecurity and application delivery solutions designed to ensure the availability, performance and security of mission?critical applications. Its product portfolio includes on?premises and cloud?based offerings such as Alteon application delivery controllers, DefensePro network behavior analysis for DDoS mitigation and AppWall web application firewall. The company’s platforms use real?time behavioral analysis, machine learning and automation to protect against distributed denial?of?service attacks, application layer threats and network intrusions.

Founded in 1997, Radware is co-headquartered in Tel Aviv, Israel, with a principal U.S.