Cloudflare’s stock (NET) is soaring due to the popularity of its AI agent, Clawdbot. The firm’s edge network and pricing model have made it a key player in the AI space. Analysts predict further growth, with a target price of $265 and potential for a 30% increase.

80% of global AI companies rely on Cloudflare’s infrastructure, highlighting its revenue potential. The company’s strategic focus on AI through acquisitions and partnerships has positioned it well for future growth. Analysts expect strong earnings and predict a bright future for Cloudflare.

Cloudflare is expected to post a profit of $0.01 per share, a significant improvement from the previous year’s losses. Analysts are optimistic about the company’s goal of reaching $5 billion in annual revenue by 2028. Despite a high price-to-sales ratio, Cloudflare’s growth potential remains attractive to investors.

Read more at Yahoo Finance: Should You Chase the Clawdbot Rally in Cloudflare Stock?