Title: Best Cybersecurity Company Shares to watch in 2022
1www.360quadrants.com
- Best Cybersecurity Company Shares to watch in 2022
2Cybersecurity is one of the most important
advanced technologies in the internet age, as
well as for Web 3.0 and 5G to come. All modern
cyberattack tactics to steal confidential data
from businesses or individuals are on the lookout
for weak links to begin an attack against. It has
resulted in the necessity for tens of thousands
of cybersecurity firms to address the problem
with a variety of strategic cybersecurity
solutions. Top Cybersecurity companies have begun
to offer profitable cybersecurity stocks in order
to profit on the global tech markets stability.
Lets look at the best 10 cybersecurity stocks to
buy in 2022 if you want to make a decent
return.The following are the top 10
cybersecurity stocks to watch in 2022Microsoft
(NASDAQ MSFT)Palo Alto Networks (NASDAQ
PANW)Fortinet (NASDAQ FTNT)Check Point
Software Technologies (NASDAQ CHKP)Cloudflare,
Inc. (NYSE NET)Darktrace Plc. (LSE
DARK)SentinelOne (NYSES)Splunk (NASDAQ
SPLK)CrowdStrike Holdings (NASDAQ CRWD)Zscaler
(NASDAQ ZS)
3- 1. Microsoft (NASDAQ MSFT)
- By no means is Microsoft a pure-play
cybersecurity stock. MSFT stock, on the other
hand, is not to be overlooked, as that segment of
the company generates 10 billion in revenue. One
reason for that is the companys ability to
incorporate its security solutions into its
Office 365 software which is already located in
the cloud. - And, if previous acquisitions are any indicator,
Microsoft isnt averse to expanding through
acquisition. Microsoft paid around 500 million
for RiskIQ in July 2021. This was in addition to
its July acquisition of CloudKnow Security. - In 2021, Microsoft stock is up 50, with the
companys Teams collaboration software accounting
for a large part of that increase. The
corporation, on the other hand, is continuing to
expand into other high-growth areas like the
metaverse. Nonetheless, MSFT stock is a good buy
for individuals who want to invest in
cybersecurity businesses but have a low risk
tolerance. - 2. Palo Alto Networks (NASDAQ PANW)
- Palo Alto Networks has a proprietary security
technology called App-ID that categorises network
traffic by application, user, and content, as the
name implies. Customers gain in-depth access into
all traffic and applications, allowing for better
monitoring of possible risks and threats.
Consumers can get end-to-end security without
having to use another company because the
companys platforms are stand-alone solutions. - Following the introduction of two new platforms
earlier this year, the earnings report may have
verified to investors that the company is
beginning to produce recurring revenue. Mark Cash
of Morningstar recently improved the companys
moat rating from narrow to wide, raising its fair
value estimate to 585 per share from 550.
4- 3. Fortinet (NASDAQ FTNT)
- Current price US344.52
- Market cap US56.33 billion
- When it comes to cybersecurity stocks, Fortinet
should undoubtedly be considered. In todays
hyperconnected environment, Fortinet provides a
clear benefit to consumers. In mid-December, FTNT
stock was added to the Nasdaq-100 index. Fortinet
provides VPN services, among other things. - The stock of FTNT has risen 135 this year, and
its safe to assume that if youre not a
shareholder, youve probably lost out on the
biggest gains. The top cybersecurity
vendors stock has now closed positive for four
weeks in a row and is at all-time highs.
Nonetheless, this is a high-quality stock that
soared by 1,138 in its first ten years on the
market. Fortinet is a good purchase for 2022 and
beyond, given the high demand for the companys
goods and services. - 4.Check Point Software Technologies (NASDAQ
CHKP) - In terms of market capitalization, CHKP is a
smaller player in the cybersecurity complex. It
is, nonetheless, one of the worlds major
providers of internet security solutions. Check
Point specialises in internet, intranet, and
extranet infrastructure security. - Year to far, the stock has outpaced its peers,
rising 18.9 to over 138.61 per share. Due to
geopolitical tensions between Russia and Western
countries, this upward momentum is unlikely to
slow down. In the next two years, net sales are
expected to increase moderately, rising 5.7 to
2.29 billion in 2022 and 4.9 to 2.4 billion in
2023.
5- 5. Cloudflare, Inc. (NYSE NET)
- Current price US116.42
- Market cap US37.68 billion
- NET stock is a global cloud services provider
that improves the performance and security of
applications. Cloudflares security products
include API shields, bot management, distributed
denial-of-service protection, page shields, rate
limiting, secure sockets layers, and transport
layer security encryption, among others. - NET is one of the largest cybersecurity stocks in
this panel, with a market capitalization of
roughly 30.27 billion. Given the companys
enormous market capitalization, it has a
spectacular equity growth narrative, with net
sales expected to increase 41.9 to 931 million
in 2022 and 33.7 to 1.24 billion in 2023,
respectively. NET shares, on the other hand, are
predicted to generate a marginal free cash flow
of 0.62 million this year, rising to 34.6
million in 2023. - 6. Darktrace Plc. (LSE DARK)
- Current price US452
- Market cap US3.16 billion
- Last April, Darktrace, a company that utilises
artificial intelligence to detect threats and
vulnerabilities inside IT networks rather than
building perimeter barriers, floated its shares
at 250 pence. Darktrace is a leading
cybersecurity company that develops cyber-threat
defence technology solutions all over the world.
Enterprise immune system, industrial immune
system, cyber-AI analyst, Darktrace antigena, and
other cybersecurity solutions are among the
companys offerings. - Financial services corporations, healthcare
organisations, media and entertainment,
education, and important national infrastructure
organisations are all served by this
cybersecurity firm. Across all geographic areas
and customer sizes, the company saw substantial
revenue growth. Its client base increased by
39.6 to 6,531.
6- 7. SentinelOne (NYSES)
- SentinelOne is another pure-play cybersecurity
vendor that has recently gone public.
SentinelOnes IPO, which took place in June 2021
and raised 1.2 billion in cash and valued the
firm at 10 billion, was the largest ever for a
cybersecurity company. - This small firm competes with CrowdStrike by
providing a cloud-based endpoint security
technology. Its capacity to detect and resolve
cybersecurity risks automatically has been
positively appreciated by the market. SentinelOne
is a fast-growing corporation that saw its sales
more than double in 2020 due to the pandemic. - 8. Splunk (NASDAQ SPLK)
- Splunk, a long-time leader in data analytics,
makes software that helps businesses sift through
logs of data, monitor digital activity, and
organise data breach responses. Even though its
platform predates cloud computing, the company
has been rapidly transferring users to newer
cloud-based versions of its software. - Splunk is a crucial aspect of a rising number of
enterprises security and monitoring activities,
and data analytics is a fast-growing section of
IT management. In the next few years, the company
anticipates its annualised recurring revenue to
double. Splunk is a value stock, especially when
considering the companys business fundamentals
like as sales and profitability, which are still
in the works. - 9. CrowdStrike Holdings (NASDAQ CRWD)
- Current price US195.21
- Market cap US44.77 billion
- CrowdStrike is a cloud-native software firm that
specialises in endpoint security, which includes
protection for devices like laptops, PCs, and
servers, as well as any other device linked to a
network. CrowdStrike is especially well-suited
for facilitating remote work because it is
cloud-based.
7- Machine learning (a sort of artificial
intelligence) is used by CrowdStrikes software
to detect security breaches and track down
attackers. Its also simple to roll out to the
millions of people who work from home and the
billions of machines that are online. To better
serve its customers, the company has continuously
extended the number of modules available on its
platform, as well as new integration agreements
with other IT firms to ensure that data
protection is uniform across an organizations IT
infrastructure. - CrowdStrike has experienced rapid growth, and the
firm is now the largest pure-play security vendor
in terms of market valuation. CrowdStrike is
primed to continue growing at a rapid pace in an
increasingly mobile environment with more devices
coming online all the time. - 10. Zscaler (NASDAQ ZS)
- Current price US239.15
- Market cap US33.50 billion
- Zscaler, another cloud-native security firm,
works with endpoint security services to keep
data safe. Another of the major pure-play
cybersecurity stocks, the company has been
rapidly boosting its sales. - Zscaler began with a cloud computing security
software-as-a-service platform, but it has
subsequently expanded to include internet
security and end-user monitoring. With so many
individuals working from home, end-user
monitoring is becoming more common. Zscaler is
well positioned to profit from this tremendous
market, with worldwide spending on cloud
computing estimated to top 1 trillion yearly
this decade.
8- About 360Quadrants
- 360Quadrants is the largest marketplace looking
to disrupt USD 3.7 trillion of technology spend
and is the only rating platform for vendors in
the technology space. The platform provides users
access to unbiased information that helps them
make qualified business decisions. The platform
facilitates deeper insights using direct
engagement with 650 industry experts and
analysts and allows buyers to discuss their
requirements with 7,500 vendors. Companies get to
win ideal new customers, customize their
quadrants, decide key parameters, and position
themselves strategically in niche spaces to be
consumed by giants and startups alike. Experts
get to grow their brand and increase their
thought leadership. The platform targets the
building of a social network that links industry
experts with companies worldwide. - 360Quadrants will also be launching quadrants in
fields like Multi Cloud Management Platform, 5G
Infrastructure software, Genomics, and Electric
Vehicle Charging Station (EVCS). -
9-
- Contact
- Mr. Agney Sugla
- agney_at_marketsandmarkets.com
- 630 Dundee Road, Suite 430
- Northbrook, IL 60062