Radware Expands AI-Driven Security with Bell Cyber; Board Authorizes $80M Buyback
Radware expanded its partnership with Bell Cyber to launch an AI-driven security service integrating web application protection, API security and bot mitigation available in Canada and the U.S. The board authorized an $80 million share repurchase program through March 2027 to support valuation as shares trade 15% below their 100-day average.
1. Partnership Expansion
Radware and Bell Cyber have integrated Radware’s AI-based application security with Bell Cyber’s managed security operations to deliver a unified cloud service that covers web application protection, API security and bot mitigation, available to Canadian and U.S. enterprises through bilingual managed service portfolios.
2. Share Buyback Program
Radware’s board authorized an $80 million share repurchase program through March 2027 under its 2026 plan, signaling management’s commitment to enhancing shareholder value as the stock trades roughly 15% below its 100-day moving average.
3. Market and Technical Context
Radware’s shares have risen 17.3% over the past 12 months while currently trading below key moving averages; technical indicators show neutral RSI and bearish MACD with support at $26.00 and resistance at $31.50.
4. Financial Outlook
Radware is scheduled to report next earnings by May 6, 2026, with consensus estimates of $0.24 EPS versus $0.27 year-ago and $78.7 million in revenues, reflecting modest revenue growth and premium valuation at a 62x P/E.