In this article, we cover the 12 Best Cybersecurity Stocks to Buy Right Now.
Cybercriminals weaponizing artificial intelligence to automate attacks, bypass traditional defenses, and craft personalized scams have created tremendous opportunities in the cybersecurity space. As companies, enterprises, and insurers rush to adopt solutions to counter threats, cybersecurity companies are reaping significant rewards.
Cybersecurity firms are racing against time to develop solutions that defend businesses, government agencies, and individual customers against threats ranging from malware to phishing attacks and ransomware.
Consequently, Fortune Business estimates that the cybersecurity market will grow to $218 billion by 2025, up from $193 billion in 2024. It’s also expected to reach $562 billion by 2032, growing at a compound annual growth rate of 14.4%.
According to Morgan Stanley, the cybersecurity sector is expected to continue outperforming IT spending. The investment bank expects it to grow at approximately 50% faster than overall software expenditures. The robust growth is expected to present unique investment opportunities for investors as the number of cybersecurity firms continues to grow.
The dynamic changes present unique opportunities to identify undervalued stocks in the cybersecurity sector with tremendous long-term prospects. Therefore, we have compiled a list of companies that are innovating in AI threat detection, ransomware response, and risk management.
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Our Methodology
To identify the best cybersecurity stocks to buy right now, we used the Finviz screener to compile a list of cybersecurity companies. We focused on companies developing solutions designed to protect against malware, phishing attacks, and ransomware. We further refined our list by focusing on stocks with positive upside potential as of September 9 and those that are popular among elite hedge funds (as of Q2 2025). Finally, we ranked the stocks in ascending order based on the number of hedge funds that hold stakes in them.
Why are we interested in the stocks that hedge funds pile into? The reason is straightforward: our research has demonstrated that we can outperform the market by replicating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
Best Cybersecurity Stocks to Buy Right Now
12. Radware Ltd (NASDAQ:RDWR)
Stock Upside Potential: 20.04%
Number of Hedge Fund Holders: 17
Radware Ltd (NASDAQ:RDWR) is one of the best cybersecurity stocks to buy right now. On September 2, the company reiterated its commitment to global expansion as it continues to enhance attack mitigation capacity. The company confirmed the opening of two cloud security centers in Tel Aviv, Israel, and Bogota, Colombia.
The new centers bring the company’s total number of cloud security centers worldwide to 50, having already opened centers in India, Kenya, and Peru early in the year. With its expansion drive, it has enhanced its attack mitigation capacity to over 15 terabytes per second.
The opening of security centers around the globe positions Radware to mitigate attacks near their point of origin adequately. The centers will also improve application response times and reduce mitigation response times for denial-of-service attacks.
“With our second cloud security center in Tel Aviv and a new center in Bogotá, Radware is accelerating its global expansion—strengthening our footprint in EMEA and in Latin America,” said Roy Zisapel, Radware’s president and CEO.
Radware Ltd (NASDAQ:RDWR) is a cybersecurity company that provides application security and delivery solutions for multi-cloud environments. Its solutions leverage artificial intelligence algorithms for protection against web, application, and DDoS attacks, API abuse, and malicious bots.
11. OneSpan Inc. (NASDAQ:OSPN)
Stock Upside Potential: 17.50%
Number of Hedge Fund Holders: 18
OneSpan Inc. (NASDAQ:OSPN) is one of the best cybersecurity stocks to buy right now. On August 26, analysts at B.Riley initiated coverage of the stock with a ‘Buy’ rating and a $23 price target.
In its research note, B.Riley notes that the company’s competitive edge in the cybersecurity space stems from its robust blue-chip customer base. Additionally, OneSpan is experiencing strong demand for its authentication services, which are expected to continue growing as AI adoption intensifies.
The company’s eSignature technology also presents another growth opportunity owing to its high-end security capabilities. Consequently, the solution is expected to continue eliciting strong demand in the financial sector, as it meets stringent compliance standards. While the stock has shed nearly 20% in market value year to date, B.Riley views the company as a fundamentally attractive investment.
OneSpan Inc. (NASDAQ:OSPN) is a cybersecurity company that offers a broad range of digital identity, transaction, and mobile security solutions. Its offerings include multifactor authentication (MFA), electronic signatures, and identity verification, all designed to protect users and organizations against cyberattacks and fraud.
10. NetScout Systems, Inc. (NASDAQ:NTCT)
Stock Upside Potential: 6.17%
Number of Hedge Fund Holders: 24
NetScout Systems, Inc. (NASDAQ:NTCT) is one of the best cybersecurity stocks to buy right now. On August 26, analysts at B.Riley reiterated that the company is well-positioned to capitalize on the emergence of artificial intelligence in its network monitoring and network security markets. Consequently, the firm reiterated a Buy rating as analyst Erik Suppiger set a $33 price target.
According to the research firm, NetScout’s proprietary technology sets it apart in the network security market. The sentiments stem from its network monitoring solutions becoming increasingly popular for observability and AI operations. As more threat actors create and distribute denial-of-service attacks leveraging AI, NetScout is well-positioned to capitalize on its arsenal of network security solutions.
In addition, the research firm highlighted the company’s profitability, cash generation capabilities, and substantial cash reserves as key reasons supporting the Buy thesis. While the stock has underperformed other cybersecurity stocks, the underperformance presents a buy opportunity, according to the research firm.
NetScout Systems, Inc. (NASDAQ:NTCT) provides cybersecurity solutions that focus on real-time network visibility and assurance, enabling organizations to monitor and protect their digital services from disruptions and threats. Its platform offers in-depth insights into network performance, security, and application delivery, leveraging patented smart data and analytics to proactively detect and mitigate threats across complex environments.
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