TD Cowen Maintains a Buy on Cloudflare (NET), Sets a $250 PT

Cloudflare, Inc. (NYSE:NET) is one of the best stocks to invest in right now. On September 16, TD Cowen analyst Shaul Eyal maintained a Buy rating on Cloudflare, Inc. (NYSE:NET) and set a price target of $250.00.

Was Jim Cramer Right About Cloudflare, Inc. (NET)?

Cloudflare, Inc. (NYSE:NET) reported $512.3 million in revenue in its fiscal Q2 2025 results, reflecting a 28% year-over-year growth.

GAAP loss from operations in the quarter reached $67.3 million, or 13% of total revenue, while non-GAAP income from operations was $72.3 million, or 14% of revenue.

The company also delivered current RPO year-over-year growth of 33% and RPO year-over-year growth of 39%.

Cloudflare, Inc. (NYSE:NET) provides cloud-based services to secure websites. The company’s offerings include products for video streaming and delivery, performance and reliability, domain registration, Cloudflare for developers, insights, advanced security, and more.

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 this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.