Radware Drops 3% After Shareholder Vote

Radware Drops 3% After Shareholder Vote

May 28, 2026

New York, May 28, 2026, 09:06 (EDT)

  • Radware said all three proposals passed at its annual meeting on May 25.
  • The stock ended Wednesday down roughly 3% at $29.00, finishing below its 52-week high.
  • The next thing to watch isn’t just the vote. It’s whether investors stick with Radware’s cloud-security growth pitch.

Radware Ltd. shares are down 3% heading into Thursday’s Nasdaq open, as investors look at a routine shareholder vote and fresh numbers on the Israeli security firm’s cloud business. Radware said Wednesday its shareholders passed all three proposals at the annual meeting.

Timing is key here. The Nasdaq hadn’t begun its normal trading day in New York at that time. Regular hours are 9:30 a.m. to 4:00 p.m. Eastern, and pre-market kicks off at 4:00 a.m. May 28 doesn’t show up as a market holiday; Memorial Day was May 25, and Juneteenth is June 19.

Radware’s Form 6-K for the annual meeting results was filed with the SEC on May 27 and accepted, according to the filing page. The document includes the company’s statement on the meeting outcome.

Shares ended Wednesday at $29.00, off 90 cents, or 3.01%, Markets Insider data at 3:59:59 p.m. EDT on May 27 showed. The quote put the stock below the $31.56 recent high in its 52-week range but above the $21.69 low.

Radware turned in a first-quarter update that looked stronger than the stock reaction. Revenue came in at $79.8 million, up 11% from last year. Cloud annual recurring revenue reached $98 million, up 23%. Non-GAAP diluted earnings per share hit 30 cents. Non-GAAP numbers exclude some costs and accounting charges.

Roy Zisapel, president and CEO of Radware, said the quarter was a “strong start to 2026” and mentioned cloud security, API Protection and on-premise DDoS. DDoS, or distributed denial of service, is when a surge of internet traffic aims to take down a website or network. Radware

Americas revenue jumped 40% to $38.4 million. Europe, Middle East and Africa came in lower, falling 11% to $25.1 million. Asia-Pacific was unchanged at $16.3 million.

Radware listed new investor events on its IR calendar. Management is taking one-on-one meetings at the Jefferies Software, Internet and AI Conference in Newport Beach, California, on May 28, and then at Stifel’s Boston Cross Sector 1X1 Conference on June 2. For a stock with lower daily volume, news out of management meetings like these can move shares.

Competition is a big issue. Radware’s annual report names Cloudflare and Akamai as main DDoS mitigation competitors, with F5 listed as a rival in web application firewalls and delivery. Radware also said bigger firms might have deeper pockets and that more competition could drive down prices, hurt demand or squeeze margins.

Radware’s downside risks are in focus. A softer Europe could slow things. A stronger Israeli shekel may push up costs. If growth in new cloud and API security is slower, that could matter. The company has listed other risks, too, like supply chain trouble, new AI rules, security events and Middle East tension.

Right now, the stock is between its past low and its high. It’s holding after the annual-meeting filing, waiting on the first full U.S. session. The vote handled a routine issue. But the real test for the share price will be cloud growth and if that keeps buyers interested.

Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

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