Cybersecurity threats continue to grow, and companies across sectors are anticipating increased defense spending to prevent or reduce the damage caused by these attacks in the future. According to a recent Deloitte survey of more than 1,000 industry executives, 57% of respondents expect their companies to increase cybersecurity spending in the next 1-2 years.
Some cybersecurity companies have already benefited from this increased attention to their services. First NASDAQ Cybersecurity ETF Trust NASDAQ: CIBRindustry benchmark, has grown more than 28% over the past year. But a few firms deserve special attention from investors heading into the new year.
RBRK: income growth, path to positive cash profit
Rubric stock forecast for today
$60.59
-6.12% DisadvantageBuy
Based on ratings from 19 analysts
| High forecast | $76.00 |
|---|---|
| Average forecast | $60.59 |
| Low forecast | $40.00 |
Details of the stock forecast Rubrica
Rubrik Inc. has a market capitalization of $9.5 billion. New York Stock Exchange: RBRK is one of the smaller cybersecurity firms with a national presence. The company’s platform, which uses generative artificial intelligence in addition to other standard cybersecurity tools, helped Rubrik be named a 2024 Entrepreneurial Company of the Year by the Northern California Harvard Business School Association.
The company joins the ranks of previous winners, including NVIDIA Corp. NASDAQ: NVDAApple Inc. NASDAQ:AAPLand many other tech giants. However, investors generally don’t pay attention to Rubrik – RBRK shares make up just 0.7% of CIBR’s portfolio as of December 3, 2024.
However, that appears to be changing: Rubrik recently turned heads for its strong revenue growth, causing Rubrik shares to rise 45% in the month to December 5, 2024. The sales ratio remains competitive at 15.5.
Investors optimistic about the company’s progress toward positive cash flows will be encouraged by its latest financial results, released Dec. 5, in which the company raised its full-year revenue guidance. The company now expects full-year revenue to be $862 million. Rubrik also cut its expected adjusted loss for the year.
Rubrik receives a Strong Buy rating based on Wall Street analyst estimates: 18 analysts have rated it a Buy and one has rated it a Hold. Some analysts raised their price targets for RBRK shares in the last two weeks of November, indicating a generally optimistic outlook for the company’s share price.
GEN: Leader in Consumer Cybersecurity
Digital Generation Stock Forecast Today
$0.00
-100.00% MinusStrong Buy
Based on ratings of 3 analysts
| High forecast | $0.00 |
|---|---|
| Average forecast | $0.00 |
| Low forecast | US$10,000,000.00 |
Details of the digital generation stock forecast
Jen Digital Inc. NASDAQ: GENERAL more than twice the size of Rubrik, but still a relatively smaller player in the cybersecurity world. Gen Digital, a Symantec company, includes select cybersecurity software products under the Norton and Avast brands, among others. It also offers identity protection services and virtual private network solutions.
Gen had a strong second quarter of fiscal 2025, with revenue, earnings, operating margin, operating cash flow and more all increasing year-over-year. The company reported a 13% improvement in diluted earnings per share and operating cash flow of $158 million, up more than 25% from the prior-year quarter.
The company is also optimistic about future growth, with executives expecting orders to grow at a rate of 4% to 5% for the remainder of the fiscal year. While GEN shares are up about 41% in the year to December 4, 2024, the company has a low price-to-sales ratio of just 5.1, suggesting it may still be undervalued.
FTNT: stability and growth prospects
Fortinet stock forecast for today
$88.93
-10.36% DisadvantageHold
Based on ratings from 33 analysts
| High forecast | $111.00 |
|---|---|
| Average forecast | $88.93 |
| Low forecast | $65.00 |
Fortinet stock forecast details
Fortinet Inc. NASDAQ: FTNT is the largest cybersecurity firm on this list, but still has room to grow. Fortinet executives recently raised the company’s 2025 outlook and now expect revenue to grow 12% for the full year. Unlike Rubrik, Fortinet has already established positive cash flow. This has allowed the company to pay down debt and even engage in an aggressive share buyback program in recent months.
As of December 5, analysts remained divided on FTNT stock. About 40% think the stock is a buy, while 58% recommend holding it. However, it is notable that many of these ratings predate the company’s earnings report on November 7th, which was received quite positively by the market (indeed, FTNT shares were up 26% in the month leading up to December 5th).
So it’s possible that sentiment is more positive than these ratings indicate, and that some analysts have yet to adjust their official estimates. Overall, this makes Fortinet a strong buy-and-hold stock contender in 2025.
Before you consider Apple, you should hear this.
MarketBeat tracks Wall Street’s top-rated and best-performing analysts daily and the stocks they recommend to their clients. MarketBeat has identified five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market takes hold… and Apple wasn’t on the list.
While Apple currently has a Moderate Buy rating among analysts, the top-rated analysts consider these five stocks to be Strong Buys.
View five stocks here
Wondering where to start (or end) with AI stocks? These 10 common stocks can help investors build long-term wealth as artificial intelligence continues to advance in the future.
Get this free report