Stocks · Theme
Cybersecurity stocks · 21 research notes
21 Cybersecurity stocks moving on the same story, each with a dated research note: thesis, kill line and next catalyst.
Active themeStage: saturated.
All 21 have a dated research note with a published kill line: the note's own test, stated in advance, of what would prove it wrong: a price level, a business fact, or both.
All stocksGENGen DigitalMedium Gen Digital's raised fiscal 2027 outlook and its step back from a large GoDaddy deal give the shares a modest edge over the S&P 500; the Q3 FY27 report in early 2027 tests the $5.465–5.515 billion revenue range.NTSKNetskopeMedium Netskope's 29% revenue growth and raised fiscal 2027 outlook make the shares modestly more likely than not to beat the S&P 500, with RBC and Mizuho lifting targets in November. The 2 December 2026 fiscal Q3 report settles it: revenue must…CRWDCrowdStrike HoldingsLow CrowdStrike's shares are more likely to lag the S&P 500 over the next three months because at about 156 times forward earnings they already price in fast growth. The 1 December 2026 report settles it by showing whether net new annual…OSPNOneSpanLow OneSpan's move from hardware tokens to subscription software is working, but its guidance implies a slower fourth quarter after a 32.1% three-month rise, so the shares are more likely to lag the S&P 500. The report expected in late…PANWPalo Alto NetworksLow Palo Alto Networks shares are more likely to lag the S&P 500 until AI security demand lifts its $14.10B–$14.20B fiscal 2027 revenue outlook; the 18 November 2026 fiscal Q1 report settles it. Jefferies cut its target to $400 from $450 on 12…RPDRapid7Low Rapid7's shares look more likely to lag the S&P 500: cost cuts drove a third-quarter profit beat on 4 November 2026, but the company guides recurring revenue lower again for the fourth quarter. The February 2027 report and first 2027…TENBTenable HoldingsLow Tenable's revenue growth is guided to slow to about 6.9% in the fourth quarter from 9.5%, so its shares are more likely to trail the S&P 500 than lead it; the February 2027 report and first 2027 outlook show whether the Tenable One…ATENA10 NetworksMedium A10 Networks' third-quarter revenue rose 22.6% to $91.5 million and full-year growth guidance went to about 16%, which moves the case from unproven to supported; the shares still trade below the $30 June breakout level.FROGJFrogMedium JFrog's third-quarter beat and second full-year raise, with cloud revenue up 60%, support the shares leading the S&P 500. The fourth-quarter report, due around February 2027, tests whether revenue meets the $183M-$185M guide.NETCloudflareMedium Cloudflare's 39% third-quarter revenue growth and raised 2026 revenue guide make its shares modestly more likely than not to beat the S&P 500, but gross margin fell to 72.4%; the fourth-quarter report, expected in early February 2027,…SAILSailPointMedium SailPoint's identity-security software is pitched by analysts as the control layer for AI agents, but reported revenue has not confirmed it; shares closed at $19.96 on 10 November 2026 and the fiscal Q3 report, expected around 9 December…AKAMAkamai TechnologiesLow Akamai Technologies' AI cloud pivot has a 2027 outlook behind it, but the shares are more likely to lag the S&P 500 over three months: margins fell, debt is rising and Evercore ISI downgraded them. The fourth-quarter report, expected…ARQQArqit QuantumLow Arqit Quantum is more likely to lag the S&P 500 over three months: preliminary fiscal 2026 revenue of about $1 million missed the $1.2 million expected after a Middle East contract stopped. December 2026 full results show whether NATO work…ESTCElasticLow Elastic's shares are more likely to lag the S&P 500 despite 21% contract growth, after a director's October share sales and a slide below the 50-day average; the 19 November 2026 second-quarter report settles whether revenue confirms the…FSLYFastlyLow Fastly's security-led growth beat and raised in Q3 (revenue $190.2M), yet the shares have fallen after three straight reports and are more likely to lag the S&P 500; the Q4 report around February 2027 settles whether growth holds near 20%.FTNTFortinetLow Fortinet's firewall refresh still lifts product sales and billings, but its 28 October 2026 service-revenue guidance cut drove the shares to $123.57; fourth-quarter billings against the $2.775–2.925 billion guide settle whether the case…OKTALow Okta's shares are more likely to lag the S&P 500 because index-addition buying has passed and no reported figure shows AI-agent products lifting contracted revenue. The 1 December 2026 third-quarter report tests contracted-revenue growth…QLYSQualysLow Qualys shares look more likely to lag the S&P 500 over three months because the company guided fourth-quarter billings growth down to about 8% from 14%; its fourth-quarter report, expected around 5 February 2027, shows whether that is…RBRKRubrikLow Rubrik shares look more likely to lag the S&P 500 after the November security-software sell-off, despite 33% subscription ARR growth; the 30 November 2026 fiscal third-quarter report decides whether a guidance raise brings buyers back.SSentinelOneLow SentinelOne shares are more likely to trail the S&P 500 than lead it over three months: net new annual recurring revenue grew only 4% at Q2, and the early-December Q3 report decides whether AI-security products change that.ZSZscalerLow Zscaler's business still tracks guidance, but its shares fell to $194.92 on 10 November 2026 in a market-wide sell-off. The 2 December first-quarter report decides whether revenue beats the $935–939 million guide.