Is Cloudflare, Inc. (NET) The Best Performing Cybersecurity Stock So Far in 2025?
From Yahoo Finance: 2025-04-30 09:51:00
In 2025, Cloudflare, Inc. (NET) stands out among the best performing cybersecurity stocks. Analysts predict a recession, but cybersecurity is seen as a resilient investment. While tariffs may not directly impact cybersecurity, budget cuts in other industries could affect spending on security measures. Global spending on cybersecurity products and services is on the rise, expected to reach $200 billion in 2024. The industry is projected to grow at an annual rate of 12.4% between 2024 and 2027. With the increasing digitization of government services, the demand for trained cybersecurity professionals is also rising.
Cloudflare, Inc. (NET) reported a 27% increase in revenue in Q4 2024, reaching $459.9 million. Mizuho recently upgraded Cloudflare to Outperform, citing improved sales pipelines and growth opportunities. Baron Fifth Avenue Growth Fund added Cloudflare to its portfolio, praising the company’s solid results and innovative approach. While NET ranks 10th on the list of best performing cybersecurity stocks in 2025, there are AI stocks that might offer higher returns in a shorter time frame. For potential investors, exploring other AI stocks may be beneficial.
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