Cloudflare Stock Rises 14.9% to $217.57
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Cloudflare is up 14.9%, or $28.22 to $217.57.
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Analyst Views on NET
Wall Street analysts forecast NET stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NET is 253.24 USD with a low forecast of 131.00 USD and a high forecast of 318.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Analyst Rating
15 Buy
10 Hold
0 Sell
Moderate Buy
Current: 184.880
Low
131.00
Averages
253.24
High
318.00
Current: 184.880
Low
131.00
Averages
253.24
High
318.00
About NET
Cloudflare, Inc. is a connectivity cloud company. Its full suite of products consists of its website and application services to deliver security, performance, and reliability for an organization's websites, applications, and application programming interfaces (APIs); its secure access service edge (SASE) platform, which contains its suite of Zero Trust and network services solutions to help ensure traffic in and out of an organization’s internal network and devices is verified and authorized as well as to securely connect data centers, cloud services, and branch offices to an organization with its Connectivity Cloud; its developer-based solutions to build and deploy serverless applications with scale, performance, security and reliability, and its consumer offerings. Its website and application security product offerings include Web Application Firewall, Bot Management, Distributed Denial of Service Protection, API Security, SSL/TLS Encryption, Script Management, and Security Center.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cloudflare Shares Surge 12% on AI Chatbot News
- Stock Surge: Cloudflare shares jumped 12% during Tuesday trading, primarily driven by heightened awareness of its role in AI infrastructure due to a viral AI chatbot, indicating a significant market recognition shift.
- Name Change: The AI assistant originally named Clawdbot was renamed Moltbot on Tuesday after its creator, Peter Steinberger, complied with Anthropic's request to avoid trademark issues, highlighting the importance of brand protection.
- Technical Support: As an open-source AI assistant, Moltbot relies on Cloudflare's global edge network for secure and low-latency infrastructure, ensuring efficient operation across various applications and enhancing Cloudflare's market position in the AI sector.
- Diverse Functionality: Moltbot can perform tasks across multiple platforms, such as managing users' inboxes and calendars, drafting messages and code, showcasing its potential to enhance user productivity and further drive Cloudflare's technology application scenarios.

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