Radware Ltd. RDWR
Business Services · IPO 1999 · data as of November 13, 2026
Radware Ltd. (RDWR) is a consumer discretionary company listed in the US with a market value of about $1.3B. In the twelve months to September 30, 2026 it had revenue of $327M and net income of $14M, a net margin of 4.3%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is financial health (5/5); the weakest is value (0/5).
Key numbers: a P/E of 68.2, a price to free cash flow of 27.0, 5-year revenue growth of 4% a year, a 5-year average ROIC of -1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 69% below the current price.
Score: 2.0 / 5
Checks passed
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
- Interest covered more than 5 times
- Debt below 3 years of free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $327M | $302M | $275M | $261M | $293M | $286M | $250M | $252M | $234M | $211M | $197M |
| Net income | $14M | $20M | $6M | -$22M | -$166000 | $8M | $10M | $23M | $12M | -$7M | -$9M |
| Free cash flow | $49M | $42M | $66M | -$9M | $23M | $66M | $55M | $45M | $40M | $24M | $29M |
| EPS (diluted) | $0.32 | $0.48 | $0.14 | $-0.51 | $-0.00 | $0.18 | $0.23 | $0.53 | $0.28 | $-0.18 | $-0.20 |
| Net margin | 4.3% | 6.7% | 2.2% | -8.3% | -0.1% | 2.7% | 3.9% | 8.9% | 5.0% | -3.5% | -4.4% |
| ROIC | — | 2.1% | -0.9% | -8.2% | -0.7% | 3.6% | 1.0% | 3.6% | 1.6% | -1.7% | -3.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 2 analysts is $41.50, 32% above the current price; targets range from $40.00 to $43.00; the consensus rating is “Buy”; expected EPS is $1.26 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Radware’s P/E ratio?
About 68.2, based on the last twelve months of diluted earnings per share (forward P/E about 22.8).
Is Radware stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 69% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Radware pay a dividend?
Not currently.
Is Radware a good stock to buy?
We do not give buy or sell advice. Radware scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.