Corero Network Security PLC with ticker (LON:CNS) now has a potential upside of 27.7% according to Canaccord Genuity.
CNS.L
Canaccord Genuity set a target price of 24 GBX for the company, which when compared to the Corero Network Security PLC share price of 19 GBX at opening today (10/01/2025) indicates a potential upside of 27.7%. Trading has ranged between 8 (52 week low) and 29 (52 week high) with an average of 169,175 shares exchanging hands daily. The market capitalisation at the time of writing is £98,798,864.
Corero Network Security plc offers Distributed Denial of Service (DDoS) protection solutions, specializing in automated detection and protection solutions with network visibility, analytics, and reporting tools. Its technology protects against external and internal DDoS threats in complex edge and subscriber environments and ensures Internet service availability. It operates through the Corero Network Security segment. Its security services are tailored to enhance the Corero SmartWall ONE solution’s defense against DDoS attacks. The Company offers SecureWatch Managed Services, a suite of configuration optimization, monitoring and mitigation response services. Its hardware appliance, the Network Threat Detector (NTD) 3400, a 400G upgrade to the SmartWall ONE DDoS Protection Appliance. Its SecureWatch Analytics application leverages Splunk’s analytics engine. The Company’s operational centers are in Marlborough, Massachusetts, United States, and Edinburgh, the United Kingdom.
Corero Network Security PLC 27.7% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Latest Company News
Corero is highlighting the security risks surrounding VPN access and the need for businesses to combine remote access controls with continuous network monitoring and protection.
Norway’s DDoS disruption shows why service availability is becoming a central cyber resilience issue and supports demand for automated, layered protection.
Corero is broadening its cybersecurity portfolio and sales channels as higher order activity begins to translate into stronger revenue and earnings capacity.
Corero Network Security will discuss how faster and more frequent DDoS attacks are increasing demand for always-on detection and automated mitigation.
Corero, a DDoS protection specialist, announced unaudited results for the six months ended 30 June 2026, showing revenue up 42% to $15.5 million, EBITDA improvement to $2.6 million, ARR growth of 12% to $24.1 million, and high 96% customer retention.
Norway’s DDoS attack shows the direct need for the type of real-time network protection Corero Network Security sells.
