Top Cybersecurity Stocks to Watch, According to Mizuho - Yahoo Finance
Mizuho has released its latest rankings of top-performing cybersecurity stocks, with analysts highlighting strong momentum across multiple companies based on quarterly channel checks and partner feedback.
The firm's analysis points to robust demand for data warehousing, zero trust solutions, and cyber-resiliency products across the cybersecurity sector. Snowflake (SNOW) is Mizuho's top pick, with very favorable partner checks and strong demand for data warehousing and data modernization serving as significant growth drivers.
Zscaler Performance
Zscaler (ZS) showed improvement for a second consecutive quarter in quarterly checks. Despite growing competition, ZS continues to be widely viewed as a best-in-class SASE/Zero Trust vendor. Mizuho believes the company can show more ARR upside to the Street than seen in recent quarters and maintains a $235 price target.
CrowdStrike Strength
CrowdStrike (CRWD) showed generally robust checks, including excellent large deal activity, continued strong adoption of Falcon Flex, and encouraging data points for the new Falcon Guardian module. Mizuho expects meaningful upside to ARR forecasts of $6.19 billion that call for nearly 26% year-over-year growth.
Palo Alto and Salesforce
Palo Alto Networks (PANW) maintains impressive momentum, with particular strength in XSIAM, Prisma SASE, and Cortex subscription offerings. Partners observed a spike in pull-forward activity on the firewall side. Salesforce (CRM) showed mixed inputs overall, though customer upsells were solid and several renewal deals in the tens of millions of dollars of ACV were identified.
Related
