U.S. Cybersecurity Stocks Trade at 24% Premium to Broader Software Sector, Goldman Sachs Reports
U.S. cybersecurity stocks are trading at a 24% premium to the broader software sector based on enterprise value to forward sales as of April 15, 2026, according to a Goldman Sachs Research report. The firms are outperforming the sector with stocks at more than a 20% premium on the same metric.
Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)U.S. cybersecurity stocks are trading at a 24% premium to the broader software sector, measured by enterprise value to forward sales, as of April 15, 2026, according to a Goldman Sachs Research report published this week, Benzinga reported. U.S. Software sector, with their stocks trading at more than a 20% premium when measured by enterprise value to forward sales, the report stated.
U.S. Gabriela Borges, a software sector analyst with Goldman Sachs Research, said software industry leaders should look to cybersecurity for inspiration on meeting AI challenges, Benzinga reported.
“Over the last 10 years, cybersecurity firms have been dealing with existential threats,” Borges said. The valuation data in the Goldman Sachs Research report underscores the sector's strong performance amid ongoing challenges.
Key Facts
Story Timeline
4 events- 2026-04-24
Goldman Sachs tweeted the statement about cybersecurity firms outperforming the broader U.S. software sector.
1 sourceGoldman Sachs - 2026-04-15
U.S. cybersecurity stocks valued at a 24% premium to the broader software sector, measured by enterprise value to forward sales.
1 sourceGoldman Sachs Research - This week (prior to 2026-04-25)
Goldman Sachs Research published a report containing the valuation data.
1 sourceBenzinga - Over the last 10 years (2016-2026)
Cybersecurity firms have been dealing with existential threats, as stated by Gabriela Borges.
1 sourceGabriela Borges
Potential Impact
- 01
Potential increased investor interest in cybersecurity stocks due to reported premium.
- 02
Inspiration for AI-related innovations in software industry.
- 03
Software sector may adopt strategies from cybersecurity to address AI challenges.
- 04
Broader market valuation adjustments if premium persists.
Transparency Panel
Related Stories
under30ceo.comOpenAI Co-Founder Brockman Testifies About 2017 Musk Proposal for Greater Control and For-Profit Shift
Greg Brockman, OpenAI president and co-founder, testified in Oakland federal court during the second week of a month-long trial. Elon Musk alleges Brockman, Sam Altman and OpenAI violated the 2015 founding agreement by shifting to a for-profit structure and seeks their removal pl…
insurancejournal.comAlphabet, Microsoft and xAI to Give US Government Early Access to Advanced AI Models
The companies will submit advanced models to the Commerce Department's Center for AI Standards and Innovation for evaluations on national security, cybersecurity and biosecurity risks. The voluntary pacts expand earlier agreements reached under the Biden administration and incorp…
koreaherald.comApple Settles Class-Action Lawsuit Over Apple Intelligence Feature Timelines for $250 Million
The agreement covers roughly 36 million iPhone 15 and iPhone 16 devices purchased in the United States between June 2024 and March 2025. Eligible buyers may receive between $25 and $95 per device after court approval.