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12 Best Cybersecurity Stocks to Buy According to Analysts

In this article, we will be taking a look at the 12 best cybersecurity stocks to buy according to analysts. To skip our detailed analysis of the cybersecurity sector, you can go directly to see the 5 Best Cybersecurity Stocks to Buy According to Analysts.

AI in Cybersecurity: A Double-Edged Sword?

The technology sector has developed exponentially over the past few years, leading to an increasingly interconnected digital landscape. This is more the case in light of the rise of artificial intelligence (AI), as it has armed companies, individuals, and governments with an exceptionally effective technological arsenal. As a result, cybersecurity has become more pronounced regarding innovation and exposure to external cyber threats.

A fall 2023 article published by Deloitte, titled “AI in Cybersecurity: A Double-Edged Sword,” highlighted the important role AI has come to play in the cybersecurity industry. The report noted that AI now offers the potential of bolstering digital defenses to make them stronger than ever before. For instance, a Zipdo survey cited by Deloitte has shown that 61% of enterprises believe they require AI technologies to detect breach attempts and that 69% of organizations surveyed believed they could not respond to critical threats without AI. However, AI is also capable of doing great damage if it falls into the wrong hands, in terms of “unleashing new forms of cyber threats.” Deloitte noted several examples of AI-enabled cyber threats, including a 2023 instance when hackers used AI to get through Bitfinex’s biometric authentication system. Fake video streams were injected into the verification process and succeeded in fooling the system into thinking that the videos were legitimate users. Through this endeavor, the hackers stole $150 million worth of digital assets such as Bitcoin, Ethereum, and Tether.

Mitigating the Risks

Despite the malicious use of AI in cybercrime, many still believe in the transformative capability of this technology in the cybersecurity industry, provided that certain steps are taken to mitigate the risks associated with AI in cybercrime. Deloitte recommended the establishment of policies and standards that could set the framework for responsible and secure AI usage, the development of a defensible security architecture that can protect AI systems from internal and external threats, and the implementation of tailored security solutions for AI.

As the situation stands at present, AI in cybersecurity is thus here to stay. From an investment standpoint, this can be an exciting opportunity. According to the Zipdo survey, by 2026, the global AI in cybersecurity market is projected to reach a grand total of $46.3 billion. Deloitte has also offered a projection for this growth, stating that the market, which was worth $17.4 billion in 2022, may hit a value of $102.78 billion by 2032, growing at a compound annual growth rate of  19.43% between 2023 and 2032. Additionally, Zipdo estimates that AI-enabled cybersecurity tech is expected to grow at an annual rate of 23.6% until 2027. Considering the impact of this technology in the cybersecurity space, 44% of the businesses surveyed reported that they are planning to invest in AI to improve their cybersecurity.

These figures may aid cybersecurity companies such as SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), among others, in growing exponentially in the years to come. Today, most renowned industry players in the cybersecurity sector are working to incorporate AI in their operations in light of these developments. Considering the above, we have compiled a list of the best cybersecurity stocks to buy now, according to analysts. Our list includes some undervalued cybersecurity stocks alongside some growth stocks in the cybersecurity industry as well.

Our Methodology 

To select the names for our list of the best cybersecurity stocks, we consulted the holdings of the Global X Cybersecurity ETF and shortlisted the stocks based on their upside potential as of March 18.  We calculated upside potential based on average analyst price targets for these stocks. Price target data was taken from Benzinga. The stocks are ranked based on their upside potential based on price targets, from the lowest to the highest upside potential. We have also mentioned the number of hedge funds holding stakes in the stocks by using Insider Monkey’s hedge fund data for the fourth quarter. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by over 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.

Best Cybersecurity Stocks to Buy According to Analysts

12. Radware Ltd. (NASDAQ:RDWR)

Number of Hedge Fund Holders: 10

Average Analyst Price Target: $22

Upside Potential: 11.5%

Radware Ltd. (NASDAQ:RDWR) is a systems software company based in Israel. The company develops, manufactures, and markets cybersecurity and application delivery solutions for applications in cloud, on-premise, and software-defined data centers worldwide.

An Overweight rating and a $22 price target were maintained on Radware Ltd. (NASDAQ:RDWR) by Tavy Rosner at Barclays on February 8.

Radware Ltd. (NASDAQ:RDWR) had 10 hedge funds long its stock in the fourth quarter, with a total stake value of $113.6 million.

Like SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Radware Ltd. (NASDAQ:RDWR) is one of the best cybersecurity stocks to invest in according to analysts.

11. Cyberark Software Ltd (NASDAQ:CYBR)

Number of Hedge Fund Holders: 50

Average Analyst Price Target: $294.6

Upside Potential: 13.1%

At the end of the fourth quarter, RGM Capital was the largest shareholder in Cyberark Software Ltd (NASDAQ:CYBR), holding over 1 million shares in the company.

Cyberark Software Ltd (NASDAQ:CYBR) is another systems software company on our list of the best cybersecurity stocks to buy. It develops, markets, and sells software-based identity security solutions and services worldwide. The company is based in Israel.

Tal Liani, an analyst at Bank of America Securities, maintained a Buy rating and $315 price target on Cyberark Software Ltd (NASDAQ:CYBR) on March 15.

Our hedge fund data for the fourth quarter shows 50 hedge funds long Cyberark Software Ltd (NASDAQ:CYBR), with a total stake value of $1.6 billion.

10. OneSpan Inc. (NASDAQ:OSPN)

Number of Hedge Fund Holders: 17

Average Analyst Price Target: $12

Upside Potential: 16.7%

A Neutral rating and $12 price target were maintained on OneSpan Inc. (NASDAQ:OSPN) by analysts at DA Davidson on March 7.

OneSpan Inc. (NASDAQ:OSPN) is a cybersecurity company that designs, develops, and markets digital solutions for identity, authentication, and secure digital agreements. It is based in Boston, Massachusetts.

In the fourth quarter, 17 hedge funds were long OneSpan Inc. (NASDAQ:OSPN), with a total stake value of $94 million.

9. A10 Networks, Inc. (NYSE:ATEN)

Number of Hedge Fund Holders: 14

Average Analyst Price Target: $16

Upside Potential: 17.8%

Impax Asset Management was the most prominent shareholder in A10 Networks, Inc. (NYSE:ATEN) at the end of the fourth quarter, holding 775,000 shares in the company.

As of February 7, BWS Financial analysts hold a $17 price target and a Buy rating on A10 Networks, Inc. (NYSE:ATEN).

Based in San Jose, California, A10 Networks, Inc. (NYSE:ATEN) is a systems software company that offers networking solutions. It offers the Thunder Convergent Firewall, which can address multiple critical security capabilities, among others.

A10 Networks, Inc. (NYSE:ATEN) was seen in the portfolios of 14 hedge funds in the fourth quarter, with a total stake value of $74.2 million.

Richie Capital Group mentioned A10 Networks, Inc. (NYSE:ATEN) in its first-quarter 2023 investor letter:

A10 Networks, Inc. (NYSE:ATEN) (ATEN down -11.1%) – The provider of cybersecurity and infrastructure solutions for on-premises, cloud and edge environments traded down during the quarter despite recording a record fourth quarter and full year revenue. The company still faces some challenges as they transition from a hardware focus to becoming software centric. Investors were likely concerned with ATEN’s negative growth in their enterprise segment. Despite near term headwinds, we view the company as an attractively priced cybersecurity market leader with attractive margins and high returns on capital. The company continues to outpace their peers in the Application Delivery Controller (ADC) market and expects double digit earnings growth for the full year 2023.”

8. Palo Alto Networks, Inc. (NYSE:PANW)

Number of Hedge Fund Holders: 77

Average Analyst Price Target: $335.2

Upside Potential: 18.9%

There were 77 hedge funds long Palo Alto Networks, Inc. (NYSE:PANW) in the fourth quarter, with a total stake value of $1.8 billion.

Palo Alto Networks, Inc. (NYSE:PANW) provides cybersecurity services worldwide. It offers firewall appliances and software alongside a security management solution for the global control of network security platforms as a virtual or physical appliance under the name of Panorama. The company is based in Santa Clara, California.

Stifel analysts maintained a Buy rating and a $330 price target on Palo Alto Networks, Inc. (NYSE:PANW) on March 13.

7. Rapid7, Inc. (NASDAQ:RPD)

Number of Hedge Fund Holders: 30

Average Analyst Price Target: $61.8

Upside Potential: 22.9%

Rapid7, Inc. (NASDAQ:RPD) is a systems software company based in Boston, Massachusetts. The company provides cybersecurity solutions under the Rapid7, Nexpose, and Metasploit brands.

Point72 Asset Management was the largest shareholder in Rapid7, Inc. (NASDAQ:RPD) at the end of the fourth quarter, holding 1.8 million shares in the company.

We saw 30 hedge funds long Rapid7, Inc. (NASDAQ:RPD) in the fourth quarter, with a total stake value of $377.1 million.

An Outperform rating and a $70 price target were reiterated on Rapid7, Inc. (NASDAQ:RPD) on February 8 by analysts at RBC Capital.

Like SentinelOne, Inc. (NYSE:S), Palo Alto Networks, Inc. (NYSE:PANW), and CrowdStrike Holdings, Inc. (NASDAQ:CRWD), Rapid7, Inc. (NASDAQ:RPD) is among the best cybersecurity stocks to buy now.

6. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 62

Average Analyst Price Target: $394.4

Upside Potential: 24.6%

Cantor Fitzgerald analysts maintained an Overweight rating and a $400 price target on CrowdStrike Holdings, Inc. (NASDAQ:CRWD) on March 14.

At the end of the fourth quarter, 62 hedge funds were long CrowdStrike Holdings, Inc. (NASDAQ:CRWD), with a total stake value of $2.6 billion.

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cybersecurity solutions worldwide. It offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company is based in Austin, Texas.

Baron Funds said the following about CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its fourth-quarter 2023 investor letter:

“Improving unit economics: Many of our companies were able to significantly expand margins during 2023 even though revenue growth decelerated for some of them, showcasing the power of their capital-light, recurring revenue business models, and their increased focus on efficiency. Another example is the cybersecurity platform, CrowdStrike Holdings, Inc. (NASDAQ:CRWD), which is expected to increase its operating margins from 15.9% in 2022 to 20.8% in 2023 as a result of growing efficiencies, while the company’s platform offering is resonating with an increasing number of customers (for example, deals with eight or more modules grew 78% year-over-year in the last quarter), which is a tailwind to sales productivity.”

Click to continue reading and see the 5 Best Cybersecurity Stocks to Buy According to Analysts.

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Disclosure: None. 12 Best Cybersecurity Stocks to Buy According to Analysts is originally published on Insider Monkey.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

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Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

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No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!