William Blair analyst Jonathan Ho has maintained their bullish stance on NET stock, giving a Buy rating today.
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Jonathan Ho has given his Buy rating due to a combination of factors related to Cloudflare’s operating momentum and positioning in AI-driven workloads. He highlights that the company is executing strongly, exceeding expectations on key financial measures while sustaining revenue and remaining performance obligations growth in the mid-30% range, supported by rising adoption of its Workers AI offering and increased traffic volumes from AI-related activity.
At the same time, he notes that Cloudflare is emerging as a critical infrastructure layer between AI models and web content, with potential to become a marketplace enabling new monetization models for content providers. Ho also underscores that this growth is being achieved without heavy capital expenditure, as Cloudflare’s architecture focuses on efficient outcome delivery and dynamic resource allocation, reinforcing his conviction that the shares remain attractive at current levels.
In another report released today, Bank of America Securities also maintained a Buy rating on the stock with a $255.00 price target.