SecureWorks Corp. (SCWX)

NASDAQ: SCWX · IEX Real-Time Price · USD
10.26
+0.19 (1.89%)
Aug 18, 2022 4:00 PM EDT - Market closed
1.89%
Market Cap 870.66M
Revenue (ttm) 516.77M
Net Income (ttm) -55.00M
Shares Out 84.86M
EPS (ttm) -0.66
PE Ratio n/a
Forward PE 86.96
Dividend n/a
Ex-Dividend Date n/a
Volume 27,698
Open 10.18
Previous Close 10.07
Day's Range 10.06 - 10.34
52-Week Range 9.26 - 26.89
Beta 0.89
Analysts Sell
Price Target 12.50 (+21.8%)
Earnings Date Sep 1, 2022

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 security risk consulting 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 solutio... [Read more...]

Industry Software
IPO Date Apr 22, 2016
Employees 2,351
Stock Exchange NASDAQ
Ticker Symbol SCWX
Full Company Profile

Financial Performance

In 2021, SecureWorks's revenue was $535.21 million, a decrease of -4.60% compared to the previous year's $561.03 million. Losses were -$39.79 million, 81.7% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SCWX stock is "Sell." The 12-month stock price forecast is 12.5, which is an increase of 21.83% from the latest price.

Price Target
$12.5
(21.83% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Secureworks to Report Second Quarter Fiscal 2023 Financial Results on September 1, 2022

ATLANTA , Aug. 16, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its second quarter fiscal 2023 financial results on Thursday, September 1, 2022, before the op...

Secureworks Appoints Michael Aiello As Chief Technology Officer

Former Product Lead for Google Cloud Security Will Accelerate Growth as Business Transformation Continues ATLANTA , July 12, 2022 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersec...

SecureWorks (SCWX) Reports Q1 Loss, Misses Revenue Estimates

SecureWorks (SCWX) delivered earnings and revenue surprises of 40% and 0.03%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Secureworks Reports 149% Taegis™ ARR Growth in Connection with First Quarter Fiscal 2023 Results

ATLANTA , June 2, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its first quarter, which ended on April 29, 2022. Key Highlight...

Secureworks to Report First Quarter Fiscal 2023 Financial Results on June 2, 2022

ATLANTA , May 17, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its first quarter fiscal 2023 financial results on Thursday, June 2, 2022, before the open of r...

Secureworks CEO on why XDR with ‘full coverage' is critical

Secureworks CEO Wendy Thomas said in an interview that the company's Taegis XDR platform has been seeing strong demand from the mid-market.

Why Secureworks Stock Was Down Today

A decline in revenue sent the shares tumbling after the fourth-quarter earnings report.

Why SecureWorks Shares Are Plunging Today

SecureWorks Corp (NASDAQ: SCWX) reported a fourth-quarter FY22 revenue decline of 8.5% year-on-year to $127.9 million, missing the consensus of $128.9 million. SecureWorks Taegis posted $165 million in ...

SecureWorks (SCWX) Tops Q4 Earnings Estimates

SecureWorks (SCWX) delivered earnings and revenue surprises of 137.50% and 0.89%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Secureworks Reports 200% Taegis™ ARR Growth and Record Taegis Customer Growth in Connection with Fourth Quarter and F...

ATLANTA, March 17, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its fourth quarter and full fiscal year, which ended on Januar...

Secureworks® Hands-on-Keyboard Detector Identifies Malicious Threat Actors

Patent-pending Taegis™ platform detector uncovers "hands-on" cybercriminal activity even as the actors attempt to evade detection ATLANTA, March 14, 2022 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a g...

Secureworks to Report Fourth Quarter and Full Year Fiscal 2022 Financial Results on March 17, 2022

ATLANTA, March 1, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its fourth quarter and full year fiscal 2022 financial results Thursday, March 17, 2022, before...

Secureworks to Participate in Upcoming Needham Conference

ATLANTA, Jan. 4, 2022 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced that it is scheduled to present at the Needham Virtual Growth Conference on January 14...

Secureworks Applauded by Frost & Sullivan for Driving the Evolution of Managed and Professional Security Services Mar...

Secureworks Taegis XDR, a Cloud-Native Solution propels Secureworks into the next generation of security services focused on detection and response SAN ANTONIO, Dec. 8, 2021 /PRNewswire/ -- Frost & Sull...

Secureworks Wins Frost & Sullivan's 2021 Company of the Year Award for Taegis ManagedXDR Innovation in the North Amer...

ATLANTA, Dec. 8, 2021 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cybersecurity, today was named Frost & Sullivan's 2021 Best Practices Company of the Year for driving the evolution ...

SecureWorks (SCWX) Beats Q3 Earnings and Revenue Estimates

SecureWorks (SCWX) delivered earnings and revenue surprises of 116.67% and 0.56%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Secureworks Reports Third Quarter Fiscal 2022 Results with 193% Taegis™ ARR Growth and Record Gross Margins

ATLANTA, Dec. 2, 2021 /PRNewswire/ -- Secureworks (NASDAQ: SCWX), a global leader in cybersecurity, today announced financial results for its third quarter, which ended on October 29, 2021. Key Highligh...

Earnings Outlook For SecureWorks

SecureWorks (NASDAQ:SCWX) is set to give its latest quarterly earnings report on Thursday, 2021-12-02. Here's what investors need to know before the announcement.

Secureworks Named a Leader in the IDC MarketScape: Worldwide Incident Readiness Services 2021 Assessment

ATLANTA , Nov. 30, 2021 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cyber security, has been recognized as a Leader in the "IDC MarketScape: Worldwide Incident Readiness Services 202...

Earnings Preview: SecureWorks (SCWX) Q3 Earnings Expected to Decline

SecureWorks (SCWX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Secureworks to Report Third Quarter Fiscal 2022 Financial Results on December 2, 2021

ATLANTA, Nov. 15, 2021 /PRNewswire/ -- Secureworks (NASDAQ: SCWX) today announced that it plans to release its third quarter fiscal 2022 financial results Thursday, December 2, 2021, before the open of ...

Secureworks® Shares Security Strategy Insights at Gartner Virtual Security & Risk Management Summit 2021

ATLANTA, Nov. 11, 2021 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cyber security, announced today its participation in Gartner's Virtual Security & Risk Management Summit 2021. Secu...

Why SecureWorks Stock Is Crashing This Week

The recent market sell-off has led to choppy trading action with this cybersecurity stock.

Secureworks® Expands Taegis™ Portfolio to Boost Customers' Cyber Resilience

ATLANTA, Oct. 13, 2021 /PRNewswire/ -- Secureworks® (NASDAQ: SCWX), a global leader in cyber security, today announced the expansion of its Taegis portfolio of extended detection and response solutions ...

Secureworks Achieves AWS Level 1 Managed Security Service Provider Competency Status

ATLANTA, Sept. 21, 2021 /PRNewswire/ -- Secureworks®, (NASDAQ: SCWX), a global leader in cybersecurity, announced today that it has achieved Amazon Web Services (AWS) Level 1 Managed Security Service Pr...