12 Best Cybersecurity Stocks to Buy Right Now

8. Tenable Holdings, Inc. (NASDAQ:TENB)

Stock Upside Potential: 28.79%

Number of Hedge Fund Holders: 38

Tenable Holdings, Inc. (NASDAQ:TENB) is one of the best cybersecurity stocks to buy right now. On August 29, Stifel reiterated a ‘Hold’ rating on the stock and a $35 price target. The stance follows meetings with Co-CEO Steve Vintz at the Stifel 2025 Tech Executive Summit.

The research firm remains confident about the company’s long-term prospects, with management reiterating plans to accelerate underlying growth. While the cybersecurity firm maintains gross profit margins of 78% management remains convinced of driving them higher in the coming years. The increase would be driven by Tenable One and Cloud Security offerings, which would also have a positive impact on accelerating revenue growth, currently at 11.4% over the last 12 months.

Additionally, Stifel has focused on building a preemptive exposure management platform that unifies visibility, insight, and action. Additionally, it expects the company to capitalize on emerging opportunities in operational technology and cybersecurity.

Tenable Holdings, Inc. (NASDAQ:TENB) is an Exposure Management company that helps organizations understand and reduce their cyber risk by providing visibility into their attack surface, including IT infrastructure, cloud environments, and industrial control systems (OT). Their Tenable One platform offers vulnerability management, cloud security, identity security, and external attack surface management.