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Update - Dec. 2, 2024 Don't get this upgrade from Morgan Stanley. Cloudflare  is twice as expensive as SentinelOne  and the analyst chose to downgrade SentinelOne. -The analysts upped their rating on Cloudflare to Overweight from Equal-Weight as the firm believes there is a path to "sustainable" 25% to 30% revenue growth over the next few years, stemming from multiple product cycles, growing contribution of artificial intelligence at the edge and a fully ramped enterprise sales force. -"We think the stock sustains a premium valuation on higher estimates as growth remains stronger for longer," the analysts wrote. -new PT of $130.  Original article posted on Nov. 12 Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Cloudflare has a strong business potential in AI and network security, with Q3 revenues up nearly 28% and $1.8 billion in cash. Despite a great quarter, Cl...

  Cloudflare plans to dominate the AI inference market with their distributed network capabilities. Despite the strong growth potential in the AI market, the company offered up disappointing Q2 guidance, raising concerns about short-term performance. The stock has surged to unsustainable valuation levels, making it a risky investment despite promising long-term prospects. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our subscriber-only portfolios.  Learn More » Just when  Cloudflare, Inc.  ( NYSE: NET ) appeared set for a reasonable valuation where investors could load up for the long term, the stock bounced off support and has surged to close the gap following the disappointing Q1 numbers. The  cloud networking and cybersecurity company has outlined a promising future with AI inferencing market growth. My  investment thesis  is Neutral on the stock here, with the ongoing rally likely to continue...