10 AI Stocks on Analysts’ Radar Right Now

7. Cloudflare, Inc. (NYSE:NET)

Number of Hedge Fund Holders: 44

Cloudflare, Inc. (NYSE:NET) is a cloud services provider that powers AI workloads through its Workers AI platform. On February 3rd, Baird analyst Shrenik Kothari downgraded Cloudflare Inc. from Outperform to “Neutral” but raised the price target to $140 from $125. According to the firm, Cloudflare is the most expensive stock that they are covering on a relative basis. Its previous 2025 outlook indicated that Cloudflare’s valuation may lead to a pushback from investors. However, the firm has believed that the premium was justified given its strong positioning in artificial intelligence and improved go-to-market execution. Despite these positive developments, the firm has also expressed concern regarding the company. It stated that the stock is now more fairly valued which makes the risk and rewards more balanced. Due to this, they have updated the price target and rating.