Citi Raises PT on Cloudflare, Inc. (NET) Stock

Cloudflare, Inc. (NYSE:NET) is among the 14 Best Cloud Computing Stocks to Buy Right Now.

Citi Raises PT on Cloudflare, Inc. (NET) Stock

On February 12, Citi analyst Fatima Boolani lifted the firm’s price objective on the company’s stock to $265 from $260, while keeping a “Buy” rating. The firm views Cloudflare, Inc. (NYSE:NET)’s Q4 2025 report as strong.

In a separate release, on February 11, Scotiabank reduced its price objective on the company’s stock to $225 from $255, keeping a “Sector Perform” rating, as reported by The Fly. As per the analyst, Cloudflare, Inc. (NYSE:NET)’s Q4 2025 revenue growth was strong, and the analyst is also optimistic about FY 2026 revenue growth guidance. As per the firm, Cloudflare, Inc. (NYSE:NET) remains well-placed to capitalize on elevated demand levels for AI infrastructure.

In a separate update, on February 10, Cloudflare, Inc. (NYSE:NET) released Q4 2025 and FY 2025 results, with quarterly revenue of $614.5 million, reflecting 33.6% YoY growth, as 4,298 customers now pay over $100,000 per year. This was up 23% YoY. For FY 2026, the company expects total revenue of between $2,785.0 million – $2,795.0 million.

Cloudflare, Inc. (NYSE:NET) offers an integrated cloud-based security solution to a combination of platforms, such as public cloud, private cloud, on-premises, SaaS applications, etc.

While we acknowledge the potential of NET as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.