From Yahoo Finance: 2025-03-25 10:51:00

Cloudflare stock surged after Bank of America analysts doubled their rating, predicting the cybersecurity company is a “true AI winner.” Cloudflare’s AI-as-a-Service is gaining traction over big players like Amazon and Microsoft. The company’s stock is expected to grow by 30% by 2028, with customers increasing AI spending. Cloudflare recently beat Q4 expectations, driven by adding a record number of large customers.

Read more: Cloudflare Stock Jumps as BofA Gives Rare Double Upgrade to ‘True AI Winner’