Why These 15 Large Tech Stocks Are Skyrocketing So Far in 2025

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1. Cloudflare Inc (NYSE:NET)

Number of Hedge Fund Holders In Q3 2024: 44

Cloudflare Inc (NYSE:NET) is a global connectivity cloud company that specializes in web cybersecurity.

The stock has delivered stellar returns so far in 2025 as it posted solid Q4 2024 earnings and guidance. It posted 27% year-over-year revenue growth to $459.9 million and it added 55 new $1 million+ annual customers in 2024.

Plus, the guidance of 25%+ revenue growth in 2025 made analysts quite optimistic that it can keep up the growth.

Earlier in the year, Goldman Sachs upgraded Cloudflare from Sell to Buy and raised its price target due to AI-driven edge computing and its sales productivity improvements.

The consensus price target of $135.28 implies 21.7% downside.

NET stock is up 60.5% year-to-date.

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 doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NET but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Why These 15 Automotive Stocks Are Skyrocketing So Far In 2025 and Why These 15 Travel & Leisure Stocks Are Skyrocketing So Far In 2025

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

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