Cloudflare (NET) Draws Fresh Optimism After Earnings Beat, KeyBanc Reiterates Overweight

SelfRugger · 2026-03-25T02:08:47+00:00

Cloudflare surpassed earnings expectations, leading to a positive outlook from KeyBanc, which maintained an Overweight rating and a $300 target. The company is expected to achieve continued revenue growth, potentially exceeding 30% in 2026.

SelfRugger

2026-03-25 02:08:47

Abstract generation in progress

Cloudflare (NET) Draws Fresh Optimism After Earnings Beat, KeyBanc Reiterates Overweight

Ghazal Ahmed

Sat, February 14, 2026 at 11:23 PM GMT+9 1 min read

In this article:

                                      StockStory Top Pick

NET

+5.77%

Cloudflare, Inc. (NYSE:NET) is one of the AI stocks currently on Wall Street’s radar.

Delivering its “best quarter of 2025,” an AI stock on Wall Street’s radar post earnings has been Cloudflare. On February 11, KeyBanc analyst Jackson Ader reiterated an Overweight rating and $300.00 price target.

According to the firm, Cloudflare exceeded the firm’s estimates by over $24 million, a 4.2% beat against expectations. It was another quarter of acceleration, noted the firm, demonstrating continued acceleration in its growth momentum.

The company’s guidance for 2026 reflects almost 29% growth at the midpoint, with the firm suggesting that acceleration to 30% growth in 2026 is “plenty achievable.”

Cloudflare (NET) Draws Fresh Optimism After Earnings Beat, KeyBanc Reiterates Overweight

KeyBanc further noted that Cloudflare is expected to continue its acceleration into 2026, with its revenue momentum keeping it Overweight on the stock.

“On a full-year basis, NET is set to continue to accelerate in 2026 to over 30% with net-new ACV growing nearly 50% in 4Q25. It was the highest growth since 2021 and was aided by the largest ACV deal in history. Momentum in revenue keeps us Overweight on the stock.”

Cloudflare, Inc. (NYSE:NET) is a cloud services provider that powers AI workloads through its Workers AI platform.

While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now**.**

Disclosure: None. This article is originally published at Insider Monkey.

Terms and Privacy Policy

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.