Top 5 Growth Stocks in Cybersecurity

Page 1 of 5

In this article, we will be taking a look at the top 5 growth stocks in cybersecurity. To read our detailed analysis of the cybersecurity sector, you can go directly to see the Top 10 Growth Stocks in Cybersecurity.

5. Darktrace plc (OTC:DRKTF)

Revenue Growth Over the Past Year as of March 9: 45.73%

Number of Hedge Fund Holders: N/A

Darktrace plc (OTC:DRKTF) is a developer of cyber-threat defense technology solutions in the UK, US, Europe, and internationally. The company is based in Cambridge, UK.

On January 25, Darktrace plc (OTC:DRKTF) shares were upgraded from Equal Weight to Overweight by Morgan Stanley’s George Webb.

Between 2021 and 2022, Darktrace plc (OTC:DRKTF) saw its revenue increase by almost 50% from $285 million to $415 million. At present, the company’s revenue growth rate is amongst the highest in the cybersecurity sector, standing at 45.7% year-over-year as of March 9. In 2022, the company’s gross profit also came in at $370.6 million.

Page 1 of 5