Jefferies raises Radware stock price target on cloud growth
Jefferies raised its price target on Radware (RDWR) to $40 from $27, citing 12.1% revenue growth and 21% cloud ARR growth. The stock trades at $37.16, with some analysts suggesting overvaluation. Radware reported Q3 2026 earnings of $0.32 per share, beating estimates, and revenue of $84.4M, up 12% YoY.
How this was made
The 30-second read
Why it matters
The earnings beat and target raise provide a fresh catalyst that could drive short‑term buying pressure.
Market read
Positive earnings and analyst upgrade make RDWR a potential short‑term upside play.
What to watch
Potential competition from larger security vendors and macro‑economic headwinds could temper growth.
Background
Radware reported Q3 2026 results with 12% YoY revenue growth and 21% cloud ARR increase, prompting Jefferies to lift its price target.
Ticker impact
Jefferies raised its price target on Radware to $40 and reported Q3 2026 earnings beat with revenue $84.4M and EPS $0.32.
likely upward as the market prices in the higher target and earnings beat
Target raise from $27 to $40 and better‑than‑expected results provide a clear catalyst for buying.
Market effects
Boosts sentiment for the cybersecurity and cloud‑security sector as a peer shows strong ARR growth.
U.S. tech stocks may see modest gains in early trading.
Limited to investors focused on U.S. mid‑cap tech names.
Counterpoint
The price target may be overly optimistic if AI‑driven demand does not materialize as quickly as projected.
Key entities
- companyRadware Ltd.
Cybersecurity firm whose Q3 2026 results and price target raise are reported.
- analystJefferies
Raised RDWR price target to $40 and maintained Hold rating.


