13 Best Small Cap Tech Stocks to Buy Now

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11. Radware Ltd. (NASDAQ:RDWR)

Number of Hedge Fund Holders: 22

Market Capitalization: $894.6 million

Radware Ltd. (NASDAQ:RDWR) is an Israeli systems software company that provides cybersecurity and application delivery solutions for cloud, on-premise, and software-defined data centers worldwide. The company’s “EPIC-AI” technology includes layers of AI capabilities across its product line to safeguard applications while minimizing expenses.

On February 21, Jefferies began coverage of Radware Ltd. (NASDAQ:RDWR), providing a Hold rating and setting a $26 price target on the company’s shares. The research firm’s report recognized Radware’s strong technological base, especially in light of expanding cloud and AI use. However, the competitive landscape was seen as a concern for the company, potentially resulting in single-digit sales growth in fiscal year 2024.

Radware Ltd. (NASDAQ:RDWR) also posted strong fourth-quarter 2024 profits, exceeding analyst estimates with a significant increase in both earnings per share and revenue. The company’s EPS hit $0.27, above the prediction of $0.22, while revenues increased to $73 million, exceeding the expected $70.56 million. These positive results show a 12% year-over-year increase in Q4 sales and a noteworthy 22.7% beat on EPS forecasts.

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