10 Best Cybersecurity Stocks to Buy in 2026

​4. Cloudflare, Inc. (NYSE:NET)

Number of Hedge Fund Holders: 63

​Cloudflare, Inc. (NYSE:NET) is one of the Best Cybersecurity Stocks to Buy in 2026. Wall Street is bullish on the stock, with analysts’ 12-month price targets reflecting more than 50% upside from the current level. Recently, on January 21, Gregg Moskowitz from Mizuho Securities reiterated a Buy rating on Cloudflare, Inc. (NYSE:NET) but lowered the price target from $280 to $255. Earlier, on January 20, Citizens maintained a Market Outperform rating on the stock with a price target of $270.

​Analysts at Citizen noted that the company is set to benefit from emerging agentic traffic patterns, driven by its network that supports architectures such as MCP. The assessment is based on the firm’s survey, which suggests that Cloudflare, Inc.’s (NYSE:NET) strategic positioning is strong.

​On the other hand, Mizuho Securities lowered the price target as part of its adjustment to the large-cap software segment. The firm’s Q4 earnings preview suggests that channel checks are solid with AI adoption remaining strong. However, some checks suggest that budget flush activity remains more modest than usual, and investor concerns about AI are decimating multiples for software companies.

​Cloudflare Inc. (NYSE:NET) is a global cloud services provider offering a range of services, including content delivery network, cybersecurity, and DDoS mitigation.