10 Important AI News on Investor Radars

7. Cloudflare, Inc. (NYSE:NET)

Number of Hedge Fund Holders: 44

Cloudflare, Inc. (NYSE:NET) delivers cloud services that use AI to improve security, performance, and zero-trust features across various platforms, including IoT and SaaS applications.

On January 23, TD Cowen analyst Shaul Eyal raised the price target for Cloudflare to $130 from $110, reflecting 18x its 2026 revenue estimate. The firm believes recent leadership additions, including Mark Anderson as President of Revenue and CJ Desai as Chief Product Officer, will improve enterprise reach and performance. Cloudflare’s expanding focus on AI inference, alongside its strong security platform, supports its growth potential. The analyst views Cloudflare as resembling a smaller version of AWS and highlighted its increasing enterprise focus and AI momentum as key positives.

The firm noted:

“We remain positive on NET for the following reasons:

  1. Growing Enterprise Focus;

  2. AI Momentum Building.”