Corero Network Security PLC with ticker (LON:CNS) now has a potential upside of 2.9% according to Canaccord Genuity.
Canaccord Genuity set a target price of 12 GBX for the company, which when compared to the Corero Network Security PLC share price of 12 GBX at opening today (12/04/2024) indicates a potential upside of 2.9%. Trading has ranged between 6 (52 week low) and 13 (52 week high) with an average of 180,102 shares exchanging hands daily. The market capitalisation at the time of writing is £60,067,497.
Corero Network Security plc is a United Kingdom-based company, which offers Distributed Denial of Service (DDoS) protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. The Company’s technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring Internet service availability. The Company operates through a single segment being the Corero Network Security. The Company offers SecureWatch Managed Services, a suite of configuration optimization, monitoring and mitigation response services. Its SecureWatch Analytics leverages Splunk’s analytics engine and provides robust reporting to transform sophisticated DDoS event data into consumable dashboards accessed via the SecureWatch Analytics Web portal. The Company’s operational centers are located in Marlborough, Massachusetts, United States, and Edinburgh, the United Kingdom.
Corero Network Security PLC 2.9% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Corero Network Security CEO Carl Herberger discusses the company’s Edinburgh investor and analyst day, its software-only DDoS protection model, AI-driven automation, alliance partnerships, and planned investor events in New York and Boston.
Corero is targeting a growing need for real-time DDoS protection as companies face faster attacks and tighter resilience requirements.
As cyber threats move faster, Corero’s focus on specialist DDoS protection highlights the investor relevance of perimeter resilience, operational readiness and reduced disruption risk.
Corero Network Security: Why DDoS Defence Is Becoming Critical Infrastructure For The AI Era (video)
Corero Network Security CEO Carl Herberger explains why DDoS protection is becoming increasingly vital as AI infrastructure, data centres and digital businesses face faster, more persistent attacks. He also highlights Corero’s software-led model, managed services, strategic partnerships and post-Edinburgh investor plans.
Corero’s 2025 Annual Report highlights revenue growth of 4% to $25.5 million, ARR growth of 23% to $23.9 million, and order intake up 20% to $33.8 million, supported by rising demand for subscription-based DDoS protection solutions.
Corero will use its June webcast to explain why faster and larger DDoS attacks are increasing the need for automated network protection.
