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RDWRRadware Ltd.Hold5.6·$29.51+1.97%
HoldModerate Confidence
Investment thesis

Radware has beaten earnings in three of the last four quarters with strong free cash flow conversion of 166% of net income and a solid Piotroski F-Score of 8 out of 9 — but the stock is priced above analyst targets with negative price asymmetry, and despite these operational strengths, the Rule of 40 score of only 21 indicates the combined growth and profitability profile does not meet the threshold for elite software business classification.

Thesis pillars

  • Rule Of 40 Below ThresholdStable
  • Strong Free Cash Flow ConversionStable
  • Earnings Beat ConsistencyStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Radware Ltd. (RDWR) Stock Analysis

HoldVALUE-TRAP 1/5GrowthQualityModerate Confidence

Technology · Software - Infrastructure

Earnings in 4 days (2026-07-29). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Hold if already holding. Not a fresh buy at $29.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk).

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. The company operates in two segments, Radware's Core Business and The Hawks' Business.... Read more

$29.51-7.8% A.UpsideScore 5.6/10#66 of 109 Software - Infrastructure
QualityF-score9 / 9FCF yield2.60%
Stop $27.44Target $32.13(resistance)A.R:R -0.9:1
Analyst target$32.00+8.4%2 analysts
$32.13our TP
$29.51price
$32.00mean
$34

Hold if already holding. Not a fresh buy at $29.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.6/10, moderate confidence.

Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 4d<=7d. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Jul 29, 20264d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Strong growth profile
Wide economic moat
Risks
Analyst target reached - limited upside remaining
Earnings in 4 days (event risk)
Negative momentum

Key Metrics

P/E (TTM)65.6
P/E (Fwd)22.7
Mkt Cap$1.2B
EV/EBITDA46.1
Profit Mgn6.3%
ROE5.4%
Rev Growth10.7%
Beta0.84
DividendNone
Rating analysts9

Quality Signals

Piotroski F9/9MoatWide

Options Flow

P/C0.14bullish
IV66%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
3.3
Rsi
5.5
Ma Position
6.0
Volume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.2<4.5A.R:R -0.9=NEGATIVEEARNINGS PROXIMITY 4d<=7dInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
44 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $27.87Resistance $32.79

Price Targets

$27
$32
A.Upside-7.8%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-7.8% upside)
! momentum at 3.2 (below the engine's 4.5 threshold)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-29 (4d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is RDWR stock a buy right now?

Hold if already holding. Not a fresh buy at $29.51, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Earnings in 4 days (event risk). Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $32.13 (+8.9%), stop $27.44 (−7.5%), A.R:R -0.9:1. Score 5.6/10, moderate confidence.

What is the RDWR stock price target?

Take-profit target: $32.13 (-7.8% upside). Target $32.13 (+8.9%), stop $27.44 (−7.5%), A.R:R -0.9:1. Stop-loss: $27.44.

What are the risks of investing in RDWR?

Analyst target reached - limited upside remaining; Earnings in 4 days (event risk); Negative momentum.

Is RDWR overvalued or undervalued?

Radware Ltd. trades at a P/E of 65.6 (forward 22.7). TrendMatrix value score: 6.0/10. Verdict: Hold.

What do analysts say about RDWR?

9 analysts cover RDWR with a consensus score of 4.0/5. Average price target: $32.

What does Radware Ltd. do?Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application...

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. The company operates in two segments, Radware's Core Business and The Hawks' Business. It offers cloud application protection service, cloud WAF, bot manager, API protection, web DDoS protection, client-side protection, threat intelligence, Kubernetes WAAP, and Alteon integrated WAF; cloud DDoS protection service, web DDoS protection defencepro X, cyber controller, AI SOC Xpert, and firewall-as-a-service; and Alteon, linkproof NG, and SSL inspection services. The company serves healthcare, government, online business, SaaS, education, open banking, MSSP solutions, and financial services through independent distributors, which include value added resellers, original equipment manufacturers, and system integrators. It operates in the United States, the Asia Pacific, Europe, the Middle East, Africa, and internationally. Radware Ltd. was incorporated in 1996 and is headquartered in Tel Aviv-Yafo, Israel.

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