9 Trending AI Stocks on Latest News and Ratings

7. Cloudflare, Inc. (NYSE:NET)

Number of Hedge Fund Holders: 44

Cloudflare, Inc. (NYSE:NET) provides cloud-based security and performance solutions with a strong focus on AI and machine learning applications.

Cloudflare (NYSE:NET) was upgraded to Buy from Hold by Stifel and its price target was raised to $136 from $95 on December 17. The firm believes Cloudflare is well-positioned to achieve sustained growth, with an expected 25%-30% year-over-year revenue increase and improving profitability. Factors driving this outlook include strong leadership appointments, successful go-to-market strategies, ongoing success across multiple business segments, and early momentum in AI inference. Stifel views Cloudflare as a top-tier asset, confident that its technology and market trends will lead to financial and stock performance outperformance. The firm said:

“We have long viewed Cloudflare as a best-in-class asset. While shares are certainly not cheap, you need to pay up for quality, and we believe self-help dynamics, and solid technology levered to many secular trends, can help Cloudflare deliver financial/stock outperformance, with Cloudflare offering the most upside optionality in our coverage universe in coming years.”