Alert: Positive Investment/Fundamental Signals (6/21/24)-Radware Ltd (NASDAQ: RDWR)

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Extremely important positive changes in investment behavior have recently occurred for Radware Ltd (NASDAQ: RDWR): positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Radware Ltd (NASDAQ: RDWR). Meaningful positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, RDWR is expected to continue to be a Value Builder.

Radware has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Radware has a very low Appreciation Score of 14 but a slightly positive Power Rating of 68, resulting in the Negative Value Trend Rating.

Recent Price Action

Radware Ltd (NASDAQ: RDWR) stock rose slightly by 0.1% on 6/21/24. The stock closed at $18.06. Moreover, this advance was accompanied by exceptionally high trading volume at 1550% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.7% during the last week.

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