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Corero Network Security ( (GB:CNS) ) has provided an update.
Corero Network Security reported a 25% increase in annualized recurring revenues (ARR) for the first half of 2025, driven by a shift towards subscription-based DDoS Protection-as-a-Service (DDPaaS) solutions. Despite a 10% decline in overall revenue to $10.9 million due to reduced upfront sales, the company experienced a rebound in order intake in Q2 and secured significant new customer contracts. The strategic expansion of partnerships, particularly with Juniper Networks and in Latin America, positions Corero to capitalize on growing demand for comprehensive DDoS solutions. The company is focused on building a more predictable revenue model and expanding its global partner network, with management confident in achieving its revenue and EBITDA targets for the year.
The most recent analyst rating on (GB:CNS) stock is a Hold with a £9.50 price target. To see the full list of analyst forecasts on Corero Network Security stock, see the GB:CNS Stock Forecast page.
Spark’s Take on GB:CNS Stock
According to Spark, TipRanks’ AI Analyst, GB:CNS is a Neutral.
Corero Network Security shows strong financial performance, particularly in revenue growth and balance sheet stability, which are somewhat offset by negative cash flow concerns. The technical analysis indicates a bearish trend, contributing to a cautious outlook. Valuation concerns due to a high P/E ratio also weigh on the overall score. Positive corporate events, including new contracts and insider confidence, provide a supportive counterbalance, highlighting potential for future growth.
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 through its SmartWallONE solution and CORE ecosystem, serving diverse deployment models from inline to edge to hybrid cloud. 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: 302,532
Technical Sentiment Signal: Sell
Current Market Cap: £47.37M
For a thorough assessment of CNS stock, go to TipRanks’ Stock Analysis page.