5 Best Edge Computing Stocks to Buy Right Now

Page 5 of 5

1. Cloudflare, Inc. (NYSE:NET)

On April 14, 2026, Piper Sandler upgraded Cloudflare, Inc. (NYSE:NET) to Overweight from Neutral with a $222 price target. The firm highlighted the company’s positioning across multiple areas, including Delivery, APSEC, NaaS, SASE, IAS, and IaaS, and said the shift toward edge distribution platforms supports Cloudflare’s role as a dominant player, with LLM relationships expected to support AI-driven growth.

On the same day, Cloudflare, Inc. (NYSE:NET) has introduced Cloudflare Mesh, describing it as a platform that unifies AI agents, users, and multicloud infrastructure into a single secure system to support development and governance of AI applications.

Earlier in April, Cloudflare, Inc. (NYSE:NET) and GoDaddy announced a strategic partnership aimed at giving website owners and AI developers more visibility and control over how content is used by AI systems. As part of the collaboration, GoDaddy will integrate Cloudflare’s AI Crawl Control into its hosting platform, enabling users to manage how AI-powered crawlers access their sites while supporting broader standards for identifying AI agents.

Cloudflare, Inc. (NYSE:NET) provides cloud-based security and infrastructure services across public and private cloud environments, SaaS applications, and IoT platforms.

While we acknowledge the potential of NET to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NET and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Beginner Stocks to Buy Right Now and 10 Fastest-Growing Financial Stocks to Invest In

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5