In this article, we will look at the 8 High Growth Cybersecurity Stocks to Buy Now.
Cybersecurity has become one of the cleaner growth stories in software because AI is making the threat surface larger. Enterprises are pushing more data, code, identities, and workloads into automated systems, while the same technology is giving attackers better tools. That keeps security spending tied to risk control rather than optional software expansion.
Wedbush says “AI will be a major tailwind” for the “cybersecurity sector” as companies protect expanding use cases, data, and endpoints. The read-through is straightforward; AI not only threatens software incumbents, but it also creates more systems that need to be secured. J.P. Morgan points to coming vulnerabilities that enterprises must assess and manage, suggesting demand could rise as AI accelerates bug discovery. Stifel’s Adam Borg frames the next layer as a “hybrid world” where companies must “secure agent identities” alongside human ones. That shifts cybersecurity from perimeter defense to identity, governance, and continuous monitoring.
Against this backdrop, high-growth cybersecurity stocks are still a selective group, but the spending case is no longer only about defending old networks. It is about securing AI-heavy enterprise systems, which brings us to the 8 High-Growth Cybersecurity Stocks to Buy Now.
Our Methodology
We used the Finviz screener to identify cybersecurity stocks whose revenues have grown by at least 20% year over year. We then limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Insider Monkey’s quarterly newsletter strategy selects 14 small-cap and large-cap stocks every quarter and has returned 599.2% since May 2014, beating its benchmark by 372 percentage points (see more details here).
8. SailPoint, Inc. (NASDAQ:SAIL)
On June 17, 2026, SailPoint, Inc. (NASDAQ:SAIL) backed its Q2 adjusted EPS guidance of 7c-8c, compared with the consensus of 8c. The company also backed its Q2 revenue outlook of $308M-$312M, compared with the consensus of $310.4M. The guidance was taken from Investor Day slides. SailPoint, Inc. (NASDAQ:SAIL) also backed its FY27 adjusted EPS view of 30c-34c, compared with consensus of 32c, and sees FY27 revenue of $1.265B-$1.275B, compared with consensus of $1.27B.
After the investor day, TD Cowen analyst Shaul Eyal said SailPoint, Inc. (NASDAQ:SAIL)’s investor day showed how the company plans to capitalize on the direct monetization opportunity from governing non-human identities. Eyal said the company’s fiscal 2029 annual recurring revenue target of $2.1B is being driven by an “unprecedented expansion” of the threat landscape. TD said the outlook is 9% above consensus and added that autonomous use cases expand SailPoint, Inc. (NASDAQ:SAIL)’s total addressable market to $90B. TD Cowen reiterated a Buy rating on the shares with a $19 price target.
SailPoint, Inc. (NASDAQ:SAIL) delivers solutions to enable identity security for the enterprise in the Americas, Europe, the Middle East, Africa, the Asia-Pacific, and internationally.
7. JFrog Ltd. (NASDAQ:FROG)
On July 2, 2026, UBS analyst Radi Sultan raised the firm’s price target on JFrog Ltd. (NASDAQ:FROG) to $110 from $92 and kept a Buy rating on the shares. Sultan said the setup remains attractive despite recent stock appreciation, citing strong demand checks, multiple AI tailwinds, limited competitive pressure, and potential for meaningful upward estimate revisions.
On June 25, Benchmark initiated coverage of JFrog with a Buy rating and $100 price target. Benchmark said AI-assisted development, or “vibe coding,” is increasing software output and complexity, creating a need for a consolidated system of record. Benchmark said JFrog’s artifact-centric software supply chain platform is “structurally positioned” to benefit from AI-driven software development.
On the same day, KeyBanc analyst Jason Celino raised the firm’s price target on JFrog to $89 from $86 and kept an Overweight rating on the shares. Celino said KeyBanc’s chief investment officer survey for the first half of 2026 showed the gap “between the haves and the have-nots in the IT budget just got wider.” KeyBanc said AI and AI-readiness spending jumped in priority by some of the largest proportions it has seen since the technology emerged, and recommended that investors stick with security, data, infrastructure, and monitoring names.
JFrog Ltd. (NASDAQ:FROG) provides a software supply chain platform in the United States, Israel, India, and internationally.
6. Cloudflare, Inc. (NYSE:NET)
On July 1, 2026, Cloudflare, Inc. (NYSE:NET) announced new classifications, enhanced analytics, and commercial partnerships connecting site owners with transparent AI companies. The tools and integrations are meant to help site owners and AI companies manage discoverability, efficiency, and monetization as automated agents and bots now drive more than half of all web requests. Cloudflare said it is testing new default classifications, providing deeper customer insights, making AI search faster, and helping ensure creators are compensated when their content powers an answer. CEO Matthew Prince said the company’s new tools give website owners “increased visibility and commercial opportunities,” while also benefiting AI companies with bots that have clear intent.
On June 24, Cloudflare and beehiiv announced a strategic partnership focused on how independent creators interact with AI. The partnership integrates Cloudflare’s Crawl Control technology into the beehiiv platform, giving creators visibility and control over how AI models use their work. Prince said the partnership gives newsletter operators “transparency and control” as they decide whether to optimize for discovery or preserve their work for future opportunities.
On June 22, Cloudflare announced a new initiative with major Web browsers to develop and submit for standardization a privacy-preserving protocol that helps humans and bots prove their traffic is not malicious. CTO Dane Knecht said AI-powered traffic is becoming more widespread and that existing tools are “too generic and coarse.” The collaboration is intended to reduce friction from security protocols for both human visitors and autonomous agents without sacrificing privacy.
Cloudflare, Inc. (NYSE:NET) provides cloud services to businesses worldwide.
While we acknowledge the potential of NET to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NET and that has 100x upside potential, check out our report about the cheapest AI stock.
5. Palo Alto Networks, Inc. (NASDAQ:PANW)
Also on July 1, BTIG raised the firm’s price target on Palo Alto Networks to $380 from $333, kept a Buy rating on the shares, and reiterated Palo Alto as the “top pick” across its coverage. BTIG cited improving momentum across the company’s cybersecurity platform, with field checks pointing to stronger deal sizes and cross-sell benefits from its portfolio spanning network security, cloud, endpoint, SIEM, observability, and identity. BTIG said this supports expectations that Palo Alto Networks can sustain mid-teens growth through continued platform expansion and inroads into adjacent high-growth security markets.
Wells Fargo also raised the firm’s price target on Palo Alto Networks to $420 from $325 and kept an Overweight rating on the shares. Wells Fargo added Palo Alto Networks to the firm’s Q3 tactical ideas list on a “clear catalyst path.” Wells Fargo also expects the organic versus inorganic debate to subside, citing new reporting segmentation and calling the choice a “position of strength.” Wells Fargo said segment disclosure should help investors align the narrative and numbers, while a growth outlook for each segment could lead to healthier investor debates.
Palo Alto Networks, Inc. (NASDAQ:PANW) provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
4. WidePoint Corporation (NYSEAMERICAN:WYY)
On June 30, 2026, WidePoint Corporation (NYSE American:WYY) said deployment of its previously announced FedRAMP Authorized ITMS™ Command Center Platform for a leading U.S. telecommunications carrier remains on schedule. The carrier also expanded the scope of the implementation to support additional operational requirements.
WidePoint was awarded approximately $1.0 million of additional integration services beyond the original implementation plan and currently expects another purchase order of approximately $1.0 million for integration services and additional enhancements. The underlying SaaS agreement, announced on November 4, 2025, remains unchanged and is expected to generate approximately $40 million to $45 million in recurring, margin-accretive SaaS revenue over its five-year contract term, based on the anticipated deployment of approximately 2.0 million to 2.5 million managed devices. CEO Jin Kang said the deployment continues to “meet key milestones,” while the added integration work reflects the needs of a deployment of this scale and the carrier’s confidence in WidePoint’s team and technology.
On June 25, WidePoint announced that it was selected as the single awardee of the Department of Homeland Security’s Cellular Wireless Managed Services 3.0 contract. The award is a 10-year Indefinite Delivery, Indefinite Quantity contract, consisting of a one-year base period and nine one-year option periods, with a contract ceiling value of approximately $3.1B. Under the CWMS 3.0 award, WidePoint will deliver and manage solutions supporting lifecycle management, connectivity, security, and operational requirements across all DHS components.
WidePoint Corporation (NYSEAMERICAN:WYY) provides technology management as a service to government and business enterprises in the United States and Europe.
3. Castellum, Inc. (NYSEAMERICAN:CTM)
On June 24, 2026, Castellum, Inc. (NYSEAMERICAN:CTM) announced that its wholly owned subsidiary, Specialty Systems, was awarded a $4M directed subcontract to modernize the U.S. Navy’s Aircraft Data Management and Control System, or ADMACS. The award was issued under SAIC’s (SAIC) prime contract on the General Services Administration ASTRO development/systems integration pool. Specialty Systems will handle technical planning, software modernization, containerization, automated testing, DevSecOps integration, technical documentation, and delivery of modernization artifacts.
On June 15, Castellum, Inc. (NYSEAMERICAN:CTM) announced that its joint venture CTM JV, LLC, was awarded a contract for the Logistics IT Integration and Support Capability Modernization, Deployment, and Support Multiple Award Contract. The MAC is structured as an indefinite delivery/indefinite quantity contract vehicle, under which the United States Navy will competitively award individual task orders for specific projects, with a total maximum value of approximately $250M.
Castellum, Inc. (NYSEAMERICAN:CTM) operates as a technology company in the United States and internationally.
2. V2X, Inc. (NYSE:VVX)
On July 1, 2026, Citi raised the firm’s price target on V2X, Inc. (NYSE:VVX) to $75 from $72 and kept a Neutral rating on the shares. Citi updated estimates and price targets in the aerospace and defense group ahead of the Q2 reports, expecting aerospace companies to post “big beats” with moderate guidance raises. Citi sees less potential for big beats in defense names relative to aerospace, but more opportunity for share upside given the compressed multiples in the group.
On June 27, V2X was awarded a ceiling $500M firm-fixed-price, indefinite-delivery/indefinite-quantity contract for contractor logistic support services for the Air Force C-12 aircraft fleet. The contract supports time-sensitive movement of personnel, cargo, and medical evacuation, as well as test support for Air Force Materiel Command, Defense Intelligence Agency, Defense Security Cooperation Agency, and Pacific Air Forces. Work is expected to be completed by June 30, 2031. The contract involves Foreign Military Sales and was a competitive acquisition, with three offers received. At the time of award, FY26 operation and maintenance funds of $237,125, FY26 research, development, test, and evaluation funds of $7,250, and Foreign Military Sales funds of $5,659 are being obligated.
V2X, Inc. (NYSE:VVX) provides critical mission solutions and support services to defense customers internationally.
1. Datadog, Inc. (NASDAQ:DDOG)
On July 1, 2026, Datadog, Inc. (NASDAQ: DDOG) announced the acquisition of Adaptive ML. Adaptive ML will join Datadog AI Research, accelerating Datadog’s investment and research efforts around world models and agentic LLM post-training for observability.
On July 2, Benchmark analyst Yi Fu Lee raised the firm’s price target on Datadog to a “Street-high” $330 from $260 and kept a Buy rating on the shares. Yi Fu Lee cited continued execution on the technology product-led motion front, supported by customer and partner ecosystem checks that were “excellent.” Benchmark concluded that Datadog is competitively well-positioned against peer leaders in the observability platform space.
Last month, Citi raised the firm’s price target on Datadog to $270 from $218 and kept a Buy rating on the shares. Citi said the company’s portfolio updates widen its “competitive distance/moat,” and cited positive channel checks for the target boost. Citi also said the bull case on Datadog is proving to be the base case.
Datadog, Inc. (NASDAQ:DDOG) operates an observability and security platform for cloud applications in the United States and internationally.
While we acknowledge the potential of DDOG to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DDOG and that has 100x upside potential, check out our report about the cheapest AI stock.
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