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Radware Ltd. (NASDAQ:RDWR), a global leader in cybersecurity and application delivery solutions, has reached a new 52-week high, with its stock price climbing to $25.04. With a market capitalization of $1.06 billion and impressive gross profit margins of 81%, InvestingPro analysis shows the company maintains strong financial health. This milestone reflects a significant uptrend in the company’s market performance, underpinned by strategic growth initiatives and strong demand for its security products. The company has demonstrated solid growth with revenue increasing by 9.54% over the past year, while analysts have set price targets as high as $30. Over the past year, Radware has seen its stock value soar, with an impressive 1-year change of 44.04%, signaling robust investor confidence and a positive outlook for the company’s future. InvestingPro subscribers can access 13 additional investment tips and a comprehensive analysis report for deeper insights into RDWR’s potential.
In other recent news, Radware announced its financial results for the first quarter of 2025, as detailed in a Form 6-K filing with the SEC. Although specific figures were not disclosed, the filing includes essential financial documents such as income statements and balance sheets, providing investors with insights into Radware’s financial health. Jefferies analyst Joseph Gallo raised the price target for Radware shares to $25, citing a 9% year-over-year growth in Annual Recurring Revenue (ARR), which aligns with consensus expectations. This growth was driven by strong new cloud bookings and an increase in cloud customers. Despite these positive developments, Jefferies maintained a Hold rating on Radware, indicating a cautious outlook for the company’s future performance.
Meanwhile, Skyhawk Security, a spin-off of Radware, appointed Jennifer Duman as its new Channel Director. Duman will lead the company’s channel-first strategy across North America and EMEA regions, leveraging her extensive industry experience. Skyhawk Security’s focus on innovative cloud threat detection and response aligns with the increasing importance of cloud security. These developments reflect ongoing strategic efforts within Radware and its spin-off to navigate the evolving cybersecurity landscape.
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