SecureWorks Corp. (SCWX)

NASDAQ: SCWX · IEX Real-Time Price · USD
5.91
-0.04 (-0.59%)
Apr 19, 2024, 3:14 PM EDT - Market open
-0.59%
Market Cap 527.96M
Revenue (ttm) 365.88M
Net Income (ttm) -86.04M
Shares Out 88.29M
EPS (ttm) -1.00
PE Ratio n/a
Forward PE 86.96
Dividend n/a
Ex-Dividend Date n/a
Volume 15,400
Open 5.93
Previous Close 5.94
Day's Range 5.81 - 5.98
52-Week Range 5.40 - 10.06
Beta 0.98
Analysts Sell
Price Target 7.13 (+20.75%)
Earnings Date Jun 6, 2024

About SCWX

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 pr... [Read more]

Sector Technology
IPO Date Apr 22, 2016
Employees 1,516
Stock Exchange NASDAQ
Ticker Symbol SCWX
Full Company Profile

Financial Performance

In 2023, SecureWorks's revenue was $365.88 million, a decrease of -21.06% compared to the previous year's $463.48 million. Losses were -$86.04 million, -24.85% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SCWX stock is "Sell." The 12-month stock price forecast is $7.13, which is an increase of 20.75% from the latest price.

Price Target
$7.13
(20.75% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Secureworks Appoints William Cary to its Board of Directors

ATLANTA , March 21, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced that it has appointed William (Bill) H. Cary to its Board of Directors and to ser...

4 weeks ago - PRNewsWire

Secureworks Announces Fourth Quarter and Full Year Fiscal 2024 Results

ATLANTA , March 14, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its fourth quarter and full year fiscal 2024, which ended o...

5 weeks ago - PRNewsWire

Secureworks Earns Frost & Sullivan Competitive Strategy Leadership Award in the Global Extended Detection and Response Market

"Innovation powerhouse" Secureworks applauded for its innovation and customer-first approach which makes them "a force to be reckoned with in the XDR market" SAN ANTONIO, March 11, 2024 /PRNewswire/ -...

5 weeks ago - PRNewsWire

Happiest Minds partners with Secureworks to deliver next-gen XDR Services

BENGALURU, India and SAN JOSE, Calif. and LONDON , Feb. 29, 2024 /PRNewswire/ -- Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a 'Born Digital.

7 weeks ago - PRNewsWire

Secureworks to Report Fourth Quarter and Full Year Fiscal 2024 Financial Results on March 14, 2024

ATLANTA , Feb. 22, 2024 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its fourth quarter and full year fiscal 2024 financial results on Thursday, March 14, 2024, ...

2 months ago - PRNewsWire

Secureworks Threat Score Ushers In A New Age Of Cybersecurity AI

Security analysts can now be confident they are prioritizing and responding to the alerts that pose the greatest risk to their organization ATLANTA , Feb. 1, 2024 /PRNewswire/ -- Secureworks® (NASDAQ:...

2 months ago - PRNewsWire

Secureworks and SentinelOne® Deliver Trailblazing Global Joint Go-To-Market Program to Decrease Cyber Risk

Collaborative partnership simplifies how customers procure, deploy and utilize leading solutions to enhance cyber resiliency ATLANTA , Dec. 12 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global...

Other symbols: S
4 months ago - PRNewsWire

Secureworks® Announces Third Quarter Fiscal 2024 Results

ATLANTA , Dec. 7, 2023 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its third quarter, which ended on November 3, 2023. Key High...

4 months ago - PRNewsWire

Secureworks to Report Third Quarter Fiscal 2024 Financial Results on December 7, 2023

ATLANTA , Nov. 16, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its third quarter fiscal 2024 financial results on Thursday, December 7, 2023, before the op...

5 months ago - PRNewsWire

Ransomware Dwell Time Hits Low of 24 Hours

Analysis from Secureworks annual State of The Threat Report shows ransomware median dwell time has dropped from 4.5 days to less than 24 hours in a year ATLANTA , Oct. 5, 2023 /PRNewswire/ -- Ransomwa...

7 months ago - PRNewsWire

Secureworks® Announces Second Quarter Fiscal 2024 Results

ATLANTA , Sept. 7, 2023 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its second quarter, which ended on August 4, 2023.

8 months ago - PRNewsWire

Secureworks to Report Second Quarter Fiscal 2024 Financial Results on September 7, 2023

ATLANTA , Aug. 17, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its second quarter fiscal 2024 financial results on Thursday, September 7, 2023, before the ...

8 months ago - PRNewsWire

SecureWorks layoffs affect 15% staff

SecureWorks said Monday it will let go of 15% of its workforce, the cybersecurity company's second round of layoffs this year. In a regulatory filing, SecureWorks said that it would incur about $14.2 ...

8 months ago - TechCrunch

Top 5 Tech Stocks Which Could Rescue Your Portfolio This Month - PagerDuty (NYSE:PD), Intevac (NASDAQ:IVAC)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: IVACPDSTIX
11 months ago - Benzinga

Secureworks® Announces First Quarter Fiscal 2024 Results

ATLANTA , June 8, 2023 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on May 5, 2023. Key Highlight...

11 months ago - PRNewsWire

Secureworks Unifies Industrial Cybersecurity with the First Integrated MDR Solution for OT and IT

Industrial organizations gain security resilience with unified detection and response for OT and IT with the Company's award-winning MDR solution powered by Secureworks® Taegis™ XDR ATLANTA , June 1, ...

11 months ago - PRNewsWire

Secureworks to Report First Quarter Fiscal 2024 Financial Results on June 8, 2023

ATLANTA , May 18, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its first quarter fiscal 2024 financial results on Thursday, June 8, 2023, before the open of...

1 year ago - PRNewsWire

Secureworks Appoints Alpana Wegner as Chief Financial Officer and Allan Peters as Chief Revenue Officer

Leaders with 20+ Years Experience in Software and Cybersecurity Will Scale Secureworks to Accelerate Revenue-Generating Performance ATLANTA , April 27, 2023 /PRNewswire/ -- Secureworks® (NASDAQ:SCWX),...

1 year ago - PRNewsWire

Secureworks Reports 120% Growth in Annual Taegis Revenue to $188 Million in Connection with Fourth Quarter and Full Year Fiscal 2023 Results

ATLANTA , March 23, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its fourth quarter and full fiscal year, which ended on Feb...

1 year ago - PRNewsWire

Secureworks Reduces Cyber Risk and Bolsters Cyber Resiliency With Launch Of Security Posture Dashboard

Companies can continually evaluate and strengthen their security posture relative to their industry peers ATLANTA , March 22, 2023 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cyber...

1 year ago - PRNewsWire

Secureworks to Report Fourth Quarter and Full Year Fiscal 2023 Financial Results on March 23, 2023

ATLANTA , Feb. 27, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its fourth quarter and full year fiscal 2023 financial results on Thursday, March 23, 2023, ...

1 year ago - PRNewsWire

SecureWorks to cut 9% of its workforce, as layoffs could affect more than 200 employees

SecureWorks Inc. SCWX, +1.47% disclosed Tuesday that it will lay off about 9% of its employees, as part of a plan to cut costs. The company had 2,351 employees as of Jan. 28, 2022, according to the cy...

1 year ago - Market Watch

Secureworks to Participate in Upcoming Needham Growth Conference

ATLANTA , Jan. 5, 2023 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced that it is scheduled to present at the 25th Annual Needham Growth Conference on Thu...

1 year ago - PRNewsWire

Secureworks Reports 80% year over year Growth in Taegis ARR to $222 Million in Connection with Third Quarter Fiscal 2023 Results

ATLANTA , Dec. 1, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its third quarter, which ended on October 28, 2022. Key Highl...

1 year ago - PRNewsWire

Secureworks Unveils Partner First Strategy

Partner First launches across North America, with rest of world to follow in 2023 ATLANTA , Nov. 18, 2022 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today announced...

1 year ago - PRNewsWire