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Secureworks Corp (SCWX)

NASDAQ
Currency in USD
8.47
+0.01(+0.06%)
Real-time Data
Fair Value
Day's Range
8.458.47
52 wk Range
5.619.76
Key Statistics
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Prev. Close
8.46
Open
8.45
Day's Range
8.45-8.47
52 wk Range
5.61-9.76
Volume
87.09K
Average Volume (3m)
253.44K
1-Year Change
43.88%
Book Value / Share
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Fair Value
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Fair Value Upside
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SCWX Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
8.22
Downside
-2.95%
Members' Sentiments
Bearish
Bullish
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Secureworks Corp Company Profile

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company’s solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services. Its solutions enable organizations to prevent security breaches, detect malicious activity, respond rapidly to security breaches, and identify emerging threats. The company sells its solutions primarily through its referral agents, regional value-added resellers, trade associations, and managed security service providers. It serves customers in a range of industries, including financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. SecureWorks Corp. was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. operates as a subsidiary of Dell Technologies Inc.

Employees
1516

Secureworks Corp SWOT Analysis


Taegis Transition
Explore SecureWorks' strategic shift to a SaaS model, centered on its Taegis platform, positioning the company in the evolving cybersecurity landscape
Financial Crossroads
SecureWorks faces mixed financial performance, with stable ARR but challenges in growth. EPS estimates suggest modest improvement: FY25 at 0.06, FY26 at 0.11
Market Dynamics
Delve into SecureWorks' competitive stance in the crowded SIEM and XDR markets, balancing its established position against intense industry rivalry
Future Trajectory
Analysts project a $6-$7 price target range, reflecting cautious optimism amid SecureWorks' efforts to capitalize on cybersecurity market expansion
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Secureworks Corp Earnings Call Summary for Q2/2024

  • Q1 revenue of $86M exceeded guidance; Taegis subscription revenue grew 10% YoY to $69M with $287M ARR
  • 2,000 Taegis customers with $145,000 average revenue per customer; Q2 revenue projected at $80-82M
  • Full-year guidance: ARR over $300M, revenue $325-335M; positive adjusted EBITDA expected throughout FY2025
  • Investments planned in sales, marketing, and product development to boost growth in latter half of year
  • Successful transition to SaaS model; cybersecurity spending remains priority, suggesting favorable market outlook
Last Updated: 06/07/2024, 04:00 AM
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Compare SCWX to Peers and Sector

Metrics to compare
SCWX
Peers
Sector
Relationship
P/E Ratio
−8.7x−27.5x11.3x
PEG Ratio
−0.31−0.770.01
Price/Book
1.7x4.6x2.4x
Price / LTM Sales
2.2x2.9x2.2x
Upside (Analyst Target)
−2.9%10.7%19.0%
Fair Value Upside
Unlock10.3%3.9%Unlock

Analysts' Recommendations

0 Buy
2 Hold
1 Sell
Ratings:
2 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 8.22

(-3.01% Downside)

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FAQ

What Is the Secureworks (SCWX) Stock Price Today?

The Secureworks stock price today is 8.47

What Stock Exchange Does Secureworks Trade On?

Secureworks is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Secureworks?

The stock symbol for Secureworks is "SCWX."

What Is the Secureworks Market Cap?

As of today, Secureworks market cap is 752.90M.

What is Secureworks Earnings Per Share?

The Secureworks EPS is -0.986.

What Is the Next Secureworks Earnings Date?

Secureworks will release its next earnings report on Mar 26, 2025.

From a Technical Analysis Perspective, Is SCWX a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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