11 Best Performing Cybersecurity Stocks So Far in 2025

5. Zscaler, Inc. (NASDAQ:ZS)

Year-to-Date performance as of April 25: 15.68%

Number of Hedge Fund Holders: 52

Zscaler, Inc. (NASDAQ:ZS), based in San Jose, California, is a well-known cybersecurity company that offers solutions for securing private networks, managing platform access, and ensuring regulatory compliance.

On April 4, Cantor Fitzgerald raised Zscaler, Inc. (NASDAQ:ZS) to Overweight from Neutral, noting solid execution and improving demand patterns that might support a re-rating. The company also boosted its price target to $250 from $220, citing faster billings, strong revenue growth, and greater adoption of Zscaler’s cybersecurity platform. Cantor sees Zscaler as a leader in Zero Trust security, with the potential to generate around 20% revenue growth in the coming years.

Zscaler, Inc. (NASDAQ:ZS) reported strong financial results in the fiscal second quarter of 2025, driven by high demand for Zero Trust Security Solutions. The company’s revenue increased by 24% year-over-year to $648 million, crossing analyst estimates.