5 Best Cybersecurity Stocks to Buy According to Short Sellers

4. Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Short float:5.25%

Number of Hedge Fund Holders: 39

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the 10 Best Cybersecurity Stocks to Buy According to Short Sellers. On May 19, the company launched its Agentic Network Security Orchestration Platform, an autonomous agent architecture that executes network security operations without constant human intervention.

Check Point Chief Technology Officer Jonathan Zanger emphasized that the platform allows security teams to operate entirely at the level of business intent. He added:

“With Agentic Network Security Orchestration, teams define what needs to be protected and what the policy should achieve. Everything below that, the rule creation, the policy tightening, the virtual patching, is handed to AI agents to execute autonomously, within predefined guardrails and under continuous human oversight. We are turning projects that used to take months into days of auditable action.”

Based on 41 analyst ratings compiled by CNN, 63% assigned a Hold rating on Check Point, while 37% marked it Buy. The stock has an average price target of $135, a 1.03% upside from the current price of $133.63.

Earlier on May 4, BofA Securities adjusted its rating on Check Point to Neutral from Buy and reduced its price target to $120 from $142 following a weak first-quarter financial performance, according to a report by Investing.com.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is a cybersecurity company that provides solutions for network, cloud, and workspace security.