Radware stock hits 52-week high at 29.71 USD

Radware (NASDAQ:RDWR) Ltd’s stock reached a 52-week high of 29.71 USD, marking a significant milestone for the cybersecurity company, which now commands a market capitalization of $1.27 billion. According to InvestingPro analysis, the stock appears to be trading above its Fair Value. Over the past year, Radware’s stock has experienced a notable increase, with a 1-year change of 62.29%. This upward trend reflects growing investor confidence, supported by impressive gross profit margins of 80.69% and revenue growth of 9.54%. The company’s focus on advanced cybersecurity solutions may be contributing to its robust stock performance, as demand for such services continues to rise globally. InvestingPro analysis reveals 17 additional key insights about Radware’s financial health and market position, available in the comprehensive Pro Research Report.

In other recent news, Radware reported its financial results for the first quarter of 2025, complying with its reporting obligations through a Form 6-K filing with the SEC. Although specific financial figures were not disclosed in the filing, the document provides a comprehensive overview of Radware’s financial health and operational achievements. Jefferies analyst Joseph Gallo increased the price target for Radware shares to $25 from $24, maintaining a Hold rating. This adjustment follows Radware’s first-quarter total Annual Recurring Revenue (ARR) of $230 million, reflecting a 9% year-over-year growth driven by strong new cloud bookings and a rise in total cloud customers.

Gallo noted the absence of significant impacts from macroeconomic factors or tariffs on Radware’s performance. The analyst highlighted ongoing observations of new sales leadership hires and their potential effects on productivity, along with increased investments in cloud infrastructure. Additionally, Skyhawk Security, a spin-off of Radware, appointed Jennifer Duman as the new Channel Director to lead its channel-first strategy across North America and EMEA. This move underscores Skyhawk’s commitment to expanding its market reach with AI-driven security solutions.

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