Radware Ltd.

NasdaqGS:RDWR Stock Report

Market Cap: US$1.2b

Radware Management

Management criteria checks 4/4

Radware's CEO is Roy Zisapel, appointed in May 1996, has a tenure of 30.08 years. total yearly compensation is $1.43M, comprised of 31.6% salary and 68.4% bonuses, including company stock and options. directly owns 5.21% of the company’s shares, worth $62.42M. The average tenure of the management team and the board of directors is 4.4 years and 5.1 years respectively.

Key information

Roy Zisapel

Chief executive officer

US$1.4m

Total compensation

CEO salary percentage31.56%
CEO tenure30.1yrs
CEO ownership5.2%
Management average tenure4.4yrs
Board average tenure5.1yrs

Recent management updates

Recent updates

Analysis Article May 16

Radware's (NASDAQ:RDWR) Earnings Are Weaker Than They Seem

Radware Ltd.'s ( NASDAQ:RDWR ) robust earnings report didn't manage to move the market for its stock. We did some...
Analysis Article Jun 14

Radware Ltd.'s (NASDAQ:RDWR) Shares May Have Run Too Fast Too Soon

With a median price-to-sales (or "P/S") ratio of close to 4.9x in the Software industry in the United States, you could...
Seeking Alpha Mar 29

Radware: Cloud Security Potential Appears Partially Priced In

Summary RDWR, a cybersecurity and application delivery solutions provider, has shown mixed financial performance with recent improvements but remains a neutral investment due to modest projected upside. Despite a 22% gain this past year, RDWR's overall share performance since the IPO has been poor, with only a 73% increase. RDWR's revenue growth and cash flow have improved, but high R&D spending and competitive market risks limit the attractiveness of the stock. My price target of $24.7 per share, projecting an 8% YoY upside, suggests that the risk-reward balance remains unattractive for holding RDWR stock. Read the full article on Seeking Alpha
Analysis Article Jan 14

Radware Ltd. (NASDAQ:RDWR) Shares Could Be 21% Above Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Radware fair value estimate is US$17.00 Current share price of...
Seeking Alpha Dec 20

Radware: A Cheaply Valued Cybersecurity Leader

Summary Shares are up nearly 40% over the past year reflecting strong performance in the underlying business. I expect the annual revenue growth of 5% seen this year to accelerate in 2025 due to multiple factors, with continued margin expansion. With nearly half its market cap in cash, shares are attractively valued when considering its promising outlook. While competition and capital allocation are key risks, I find the risk-reward setup compelling enough to rate shares a Buy. Read the full article on Seeking Alpha
Analysis Article Dec 10

Radware Ltd.'s (NASDAQ:RDWR) Low P/S No Reason For Excitement

Radware Ltd.'s ( NASDAQ:RDWR ) price-to-sales (or "P/S") ratio of 3.7x might make it look like a buy right now compared...
Analysis Article Oct 14

Is There Now An Opportunity In Radware Ltd. (NASDAQ:RDWR)?

Radware Ltd. ( NASDAQ:RDWR ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Sep 18

Estimating The Intrinsic Value Of Radware Ltd. (NASDAQ:RDWR)

Key Insights Radware's estimated fair value is US$18.36 based on 2 Stage Free Cash Flow to Equity With US$21.96 share...
Analysis Article Aug 20

Radware Ltd. (NASDAQ:RDWR) Stock Catapults 28% Though Its Price And Business Still Lag The Industry

Radware Ltd. ( NASDAQ:RDWR ) shares have had a really impressive month, gaining 28% after a shaky period beforehand...
Analysis Article Aug 03

Radware Ltd. (NASDAQ:RDWR) Released Earnings Last Week And Analysts Lifted Their Price Target To US$21.43

It's been a pretty great week for Radware Ltd. ( NASDAQ:RDWR ) shareholders, with its shares surging 20% to US$22.26 in...
Analysis Article Jun 15

A Look At The Fair Value Of Radware Ltd. (NASDAQ:RDWR)

Key Insights Radware's estimated fair value is US$21.41 based on 2 Stage Free Cash Flow to Equity Current share price...
Analysis Article May 22

Radware Ltd. (NASDAQ:RDWR) Surges 26% Yet Its Low P/S Is No Reason For Excitement

Radware Ltd. ( NASDAQ:RDWR ) shareholders would be excited to see that the share price has had a great month, posting a...
Analysis Article May 09

Is Now An Opportune Moment To Examine Radware Ltd. (NASDAQ:RDWR)?

Radware Ltd. ( NASDAQ:RDWR ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysis Article Feb 17

We're Interested To See How Radware (NASDAQ:RDWR) Uses Its Cash Hoard To Grow

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 25

Lacklustre Performance Is Driving Radware Ltd.'s (NASDAQ:RDWR) Low P/S

With a price-to-sales (or "P/S") ratio of 2.8x Radware Ltd. ( NASDAQ:RDWR ) may be sending bullish signals at the...

CEO Compensation Analysis

How has Roy Zisapel's remuneration changed compared to Radware's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$20m

Dec 31 2025US$1mUS$450k

US$20m

Sep 30 2025n/an/a

US$17m

Jun 30 2025n/an/a

US$14m

Mar 31 2025n/an/a

US$12m

Dec 31 2024US$4mUS$450k

US$6m

Sep 30 2024n/an/a

-US$2m

Jun 30 2024n/an/a

-US$12m

Mar 31 2024n/an/a

-US$20m

Dec 31 2023US$3mUS$450k

-US$22m

Sep 30 2023n/an/a

-US$20m

Jun 30 2023n/an/a

-US$16m

Mar 31 2023n/an/a

-US$7m

Dec 31 2022US$3mUS$452k

-US$166k

Sep 30 2022n/an/a

-US$2m

Jun 30 2022n/an/a

US$6m

Mar 31 2022n/an/a

US$8m

Dec 31 2021US$1mUS$462k

US$8m

Sep 30 2021n/an/a

US$16m

Jun 30 2021n/an/a

US$15m

Mar 31 2021n/an/a

US$11m

Dec 31 2020US$3mUS$421k

US$10m

Sep 30 2020n/an/a

US$14m

Jun 30 2020n/an/a

US$18m

Mar 31 2020n/an/a

US$21m

Dec 31 2019US$3mUS$414k

US$23m

Compensation vs Market: Roy's total compensation ($USD1.43M) is below average for companies of similar size in the US market ($USD3.64M).

Compensation vs Earnings: Roy's compensation has been consistent with company performance over the past year.


CEO

Roy Zisapel (55 yo)

30.1yrs
Tenure
US$1,426,000
Compensation

Mr. Roy Zisapel is an Independent Director at Israel Acquisitions Corp since January 12, 2023. He has been President, Chief Executive Officer and Director of Radware Ltd. since its inception in May 1996.M...


Leadership Team

NamePositionTenureCompensationOwnership
Roy Zisapel
Co-Founder30.1yrsUS$1.43m5.21%
$ 62.4m
Guy Avidan
Chief Financial Officer4.3yrsUS$778.00k0.22%
$ 2.7m
Gabi Malka
Chief Operating Officer12.3yrsUS$831.00k0.13%
$ 1.6m
David Aviv
CTO & VP of Advanced Services10.4yrsUS$660.00k0.24%
$ 2.9m
Constance Stack
Chief Growth Officer1.1yrsUS$1.58mno data
Yisca Erez
Director of Investor Relationsno datano datano data
Gadi Meroz
VP & General Counsel16.2yrsno datano data
Riki Goldriech
Chief People Officerno datano data0.14%
$ 1.7m
Sharon Trachtman
Chief of Staffno datano datano data
Amir Peles
Executive Vice President of Technology & Engineering4.4yrsUS$553.00kno data
Randy Wood
Senior Vice President of North American Sales1.1yrsno datano data
David Roth
Chief Revenue Officerless than a yearno datano data
4.4yrs
Average Tenure
58yo
Average Age

Experienced Management: RDWR's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Roy Zisapel
Co-Founder30.1yrsUS$1.43m5.21%
$ 62.4m
Yuval Cohen
Independent Chairman of the Board4.5yrsno data0%
$ 0
Stanley Stern
Independent Director5.8yrsno data0.013%
$ 161.6k
Meir Moshe
Independent Director4.1yrsUS$1.49m0.49%
$ 5.9m
Alex Pinchev
Independent Director2.6yrsno data0%
$ 0
Israel Mazin
Independent Director2.7yrsno data0%
$ 0
Naama Zeldis
Independent Director5.8yrsno datano data
Yair Tauman
Independent Director15.7yrsno data0.036%
$ 427.3k
5.1yrs
Average Tenure
67.5yo
Average Age

Experienced Board: RDWR's board of directors are considered experienced (5.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 06:29
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Radware Ltd. is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph WolfBarclays
Tavy RosnerBarclays
Andrew SmithBerenberg