From Yahoo Finance: 2025-04-30 09:50:00

In 2025, Fortinet, Inc. (NASDAQ:FTNT) is among the best performing cybersecurity stocks. The industry is seen as a defensive investment during economic uncertainty. Global cybersecurity spending hit $200 billion in 2024 and is expected to grow at a rate of 12.4% annually between 2024 and 2027.

While tariffs may not directly impact cybersecurity, financial strain in other industries could lead to budget cuts in security spending. The demand for cybersecurity professionals is rising, with over 3.5 million roles forecasted to be vacant by 2025. Calls are being made to broaden recruitment processes.

Fortinet, Inc. (NASDAQ:FTNT) is a global leader in cybersecurity, with over 700,000 clients worldwide. Cantor Fitzgerald recently revised its outlook on FTNT, lowering the price target to $100 from $115. Concerns over macroeconomic volatility impacting sales pipeline were cited, despite strong first-quarter results expected. FTNT ranks 9th on the list of best performing cybersecurity stocks in 2025.

Investors are advised to consider AI stocks for higher returns in a shorter time frame. While FTNT shows promise, there may be more lucrative opportunities in the AI sector. An AI stock has shown growth in 2025, contrasting with popular AI stocks that have experienced losses. Those interested in a promising AI stock trading at less than 5 times earnings can check out a report on the cheapest AI stock.

Read more: Is Fortinet, Inc. (FTNT) The Best Performing Cybersecurity Stock So Far in 2025?