Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Corero Network Security ( (GB:CNS) ) has shared an announcement.
Corero Network Security has announced a significant 5-year, $1.2 million expansion of its partnership with Lightedge, enhancing its DDoS protection across Lightedge’s data centers globally. This expansion underscores a broader industry trend towards adaptable, AI-ready security architectures, as organizations increasingly focus on securing hybrid cloud environments against evolving cybersecurity threats.
Spark’s Take on GB:CNS Stock
According to Spark, TipRanks’ AI Analyst, GB:CNS is a Neutral.
Corero Network Security’s overall score reflects its strong financial growth and positive corporate events, which are offset by high valuation concerns and mixed technical indicators. The company’s expansion strategies and insider confidence are positive signs, but attention to cash flow management and valuation is necessary for sustained performance.
To see Spark’s full report on GB:CNS stock, click here.
More about Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, offering real-time, automated detection and mitigation with deep network visibility and analytics. The company safeguards critical infrastructure across various deployment models, including inline, edge, and hybrid cloud. Corero is developing CORE, an observability and resiliency ecosystem, to unify defensive actions across the modern threat landscape. Headquartered in London, Corero operates centers in Marlborough, Massachusetts, USA, and Edinburgh, UK, and is listed on the London Stock Exchange’s AIM market and the US OTCQX Market.
Average Trading Volume: 276,386
Technical Sentiment Signal: Hold
Current Market Cap: £80.67M
For an in-depth examination of CNS stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue