RDCM
RADCOM Ltd.
RDCM's fundamentals are mixed: revenue grew only 1.9%, but its operating margin fell 3 points to 5.2%. Its PE of 25x looks cheaper than it really is, because one-off gains boosted its recent earnings. Its downside scenario is about ten times its upside.
RDCM Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Stable | |
| Strong |
RDCM's balance sheet is currently strong, and its profitability and cash flow are stable, but its revenue is under pressure.
RDCM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $7.88 | -26% |
| Forward | 24x | $10.61 | — |
| Fair | 25x | $10.65 | +0.3% |
| Current | 25x | $10.61 | — |
| Expensive | 41x | $17.28 | +63% |
Historical ranges are pointers, not guarantees.
RDCM's PE is in its fair range at 25x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 24x.
RDCM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect RDCM's earnings and revenue to decline, with profitability weakening.
RDCM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.43 | +3.3% |
| Q2 2026 | $0.42 | -28% |
| Q1 2026 | $0.75 | +39% |
| Q4 2025 | $0.72 | +64% |
| Q3 2025 | $0.65 | +38% |
| Q2 2025 | $0.58 | +87% |
| Q1 2025 | $0.54 | +116% |
| Q4 2024 | $0.44 | +83% |
| Q3 2024 | $0.47 | +571% |
RDCM earned $0.42 per share over the past year, down 28% from the year before. Its recent earnings include one-off gains.
RDCM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $11.8M | -33% |
| Q1 2026 | $18.6M | +12% |
| Q4 2025 | $18.9M | +16% |
| Q3 2025 | $18.4M | +16% |
| Q2 2025 | $17.7M | +19% |
| Q1 2025 | $16.6M | +17% |
| Q4 2024 | $16.3M | +16% |
| Q3 2024 | $15.8M | +20% |
RDCM's revenue has held roughly level: $12M last quarter, down 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -32% | -42 points |
| Q1 2026 | 12% | +2.9 points |
| Q4 2025 | 14% | +6.2 points |
| Q3 2025 | 13% | +5.5 points |
| Q2 2025 | 9.8% | +3.9 points |
| Q1 2025 | 8.8% | +11 points |
| Q4 2024 | 8.1% | -2.1 points |
| Q3 2024 | 7.6% | +17 points |
RDCM's operating margin was −32% last quarter, down 42 points from the same quarter a year ago, near the bottom of its range since 2019.
RDCM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
RDCM's free cash flow was $0 over the past year, against $0 the year before.
RDCM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -235K shares |
| 1 year | +0.7% | +125K shares |
| 3 years | +7.5% | +1.2M shares |
| 5 years | +19% | +2.7M shares |
| Available history | +22% | +3M shares |
RDCM has 17M diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
RDCM hasn't bought back shares in the past year.
RDCM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -1.2x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.8x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -2.1x | Net Cash |
| Q3 2024 | -1.9x | Net Cash |
RDCM has more cash than debt.
RDCM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 35.0 | Neutral |
RDCM's weekly RSI is 44 (neutral) and its Stochastic is 35 (neutral).
RDCM PE vs Communication Services Sector
| Metric | RDCM | Sector median | Relative |
|---|---|---|---|
| PE | 25x | 16x | 53% above |
| PE % | 48 | 26 | 22 pts above |
RDCM is trading at 25x earnings, a 53% premium to the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
RDCM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.3 | 3.4% above |
| 20 week MA | $11.0 | 3.4% below |
| 50 week MA | $12.2 | 13% below |
| 100 week MA | $12.6 | 16% below |
| 200 week MA | $11.1 | 4.7% below |
RDCM has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 4.7% below its 200-week average.
RDCM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.43 | $10.8 | +28% |
| 2021 | $10.8 | $11.6 | +8.1% |
| 2022 | $11.6 | $10.3 | -12% |
| 2023 | $10.3 | $8.06 | -22% |
| 2024 | $8.06 | $11.9 | +48% |
| 2025 | $11.9 | $13.6 | +14% |
| 2026 YTD | $13.6 | $10.6 | -22% |
RDCM has finished higher in four of the last six years. It's down 22% so far in 2026.