14 Most Undervalued Cybersecurity Stocks to Invest In

7. OneSpan Inc. (NASDAQ:OSPN)

Forward P/E: 8.28

On March 31, OneSpan Inc. (NASDAQ:OSPN) announced the launch of its OneSpan Sign Integration for Workato, expanding its ability to automate secure eSignature workflows across enterprise systems without requiring custom development. This integration enhances the flexibility of OneSpan’s platform, allowing organizations to streamline digital agreement processes while maintaining strong security and compliance standards. The move reflects the company’s continued focus on expanding its ecosystem and improving the usability of its digital transaction solutions.

On February 27, OneSpan Inc. (NASDAQ:OSPN) reported strong Q4 results, with revenue of $62.9 million exceeding consensus expectations. CEO Victor Limongelli highlighted double-digit growth in subscription revenue and annual recurring revenue, along with an 8% increase in operating income. The company also demonstrated strong cash generation, enabling continued investment in growth initiatives while returning capital to shareholders through share repurchases.

Founded in 1984 and headquartered in Boston, Massachusetts, OneSpan Inc. (NASDAQ:OSPN) is a global cybersecurity company specializing in digital identity, anti-fraud solutions, and electronic signatures. Its solutions are widely used by financial institutions, enterprises, and government organizations to secure digital transactions and agreements. With increasing digitization across industries and rising concerns around fraud and identity security, OneSpan is well-positioned to benefit from long-term demand for secure digital interaction platforms.