Cloudflare (NET) Rises on Analyst Confidence and Google’s Data Visibility Edge

Cloudflare, Inc. (NYSE:NET) is one of the Trending AI Stocks on Wall Street.  On December 8, Citizens maintained its “Market Outperform” rating on the stock with a $270.00 price target.

The firm is positive on the stock, citing Google’s data visibility edge via Cloudfare as an infrastructure advantage in the broader AI ecosystem.

Highlighting CEO Matt Prince’s comments, the firm noted how Google “currently sees 3.2 times more pages on the internet than OpenAI, 4.6 times more than Microsoft (MSFT, NC), and 4.8 times more than Anthropic or Meta does per a Wired interview.”

Even though data needs to scale logarithmically to benefit pre-training of AI models, i.e. training benefits scale gradually, Google’s web visibility represents a substantial advantage through its existing infrastructure.

The company boasts a built-in-advantage due to this existing infrastructure for training models compared to newer challengers.

“While data needs to scale logarithmically to benefit pre-training, it highlights an additional advantage Google has with its existing infrastructure compared to other builders of frontier models.”

Cloudflare, Inc. (NYSE:NET) is a cloud services provider that powers AI workloads through its Workers AI platform.

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Disclosure: None.