Citi Raises PT on Cloudflare, Inc. (NET) Stock

Core Viewpoint - Cloudflare, Inc. (NYSE:NET) is recognized as one of the top cloud computing stocks to invest in currently, with strong revenue growth and positive analyst outlooks [1]. Group 1: Analyst Ratings and Price Targets - Citi analyst Fatima Boolani raised the price target for Cloudflare's stock to $265 from $260, maintaining a "Buy" rating, citing a strong Q4 2025 report [2]. - Scotiabank lowered its price target on Cloudflare's stock to $225 from $255 while keeping a "Sector Perform" rating, noting strong revenue growth in Q4 2025 and optimism for FY 2026 revenue guidance [3]. Group 2: Financial Performance - Cloudflare reported Q4 2025 revenue of $614.5 million, reflecting a 33.6% year-over-year growth, with 4,298 customers now paying over $100,000 annually, an increase of 23% year-over-year [4]. - For FY 2026, Cloudflare expects total revenue to be between $2,785 million and $2,795 million [4]. Group 3: Business Model - Cloudflare provides an integrated cloud-based security solution across various platforms, including public cloud, private cloud, on-premises, and SaaS applications [5].