RDWR
RADWARE LTD
Next earnings Jul 28, 2026 · consensus $0.29 EPS, $83.1M rev
$29.69
▼ -0.70%$29.69▲ +1.78%
over 1Y
L $21.74H $31.69
Today-0.7%
1W+5.5%
1M-5.9%
3M+9.2%
YTD+24.9%
1Y+1.8%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 9 analysts
Buy
Revenue grew 9.8% YoY; but rich valuation (P/E 66.0).
Revenue (FY2025) $302M · FY2025
The read
Weak on both the fundamentals and the price — little to like at the current level.
RADWARE LTD shows $302M in FY2025 revenue (+9.8% YoY), a 6.7% net margin, and 5.8% ROE.
Supporting the case: revenue grew 9.8% YoY.
Is RDWR a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBear put spread~60d expiry
- Long put 30 @ ~1.89 est
- Short put 27 @ ~0.67 est
debit $122max +$178max −$122BE 28.78
SELL verdict, defined risk: profits into weakness down to the short strike; max loss is the net debit.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $286M | $293M | $261M | $275M | $302M |
| Gross profit | $234M | $240M | $210M | $222M | $244M |
| Operating income | $18.2M | -$3.34M | -$31.7M | -$3.89M | $11.4M |
| Net income | $7.81M | -$166K | -$21.6M | $6.04M | $20.3M |
| Diluted EPS | $0.16 | $0.00 | -$0.50 | $0.14 | $0.45 |
| Net margin | 2.7% | -0.1% | -8.3% | 2.2% | 6.7% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$1.14B
EV / EBITDA49.6
EV / Sales3.8
EV / FCF27.5
P / FCF30.1
PEG (trailing)0.28
Earnings yield1.6%
FCF yield3.3%
Quality & risk
ROIC (est.)2.6%
Free cash flow$41.6M
Total debt—
Net cash$105M
Piotroski F-Score6/8
Capital returns
Buyback yield0.8%
Dividend yield (est.)—
Shareholder yield0.8%
Shares Δ YoY+1.4%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗4Period ending 2026-05-292026-06-01open ↗144Filing2026-06-01open ↗4Period ending 2026-05-252026-05-27open ↗4Period ending 2026-05-222026-05-27open ↗4Period ending 2026-05-252026-05-27open ↗4Period ending 2026-05-252026-05-27open ↗4Period ending 2026-05-252026-05-27open ↗6-KPeriod ending 2026-05-272026-05-27open ↗SDFiling2026-05-14open ↗SCHEDULE 13G/AFiling2026-05-12open ↗4Period ending 2026-05-082026-05-11open ↗144Filing2026-05-11open ↗
Frequently asked
- Is RADWARE LTD (RDWR) a buy?
- RDWR currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Revenue grew 9.8% YoY; but rich valuation (P/E 66.0).
- What is RDWR's fair value?
- A Modified-Graham model based on RDWR's SEC fundamentals estimates a fair value of about $16.81. It is an estimate from reported earnings, not a price target.
- Is RDWR overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, RDWR currently appears overvalued relative to its SEC-grounded earnings power.
- What is RADWARE LTD's quality score?
- RDWR scores 64.50076273227901/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001094366, latest 4 filed 2026-06-01) · EODHD · as of 7/5/2026, 12:33:12 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 4, 2026, 8:33 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.