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Why Does RBC Capital Remain Bullish On Cloudflare (NET)?
Key takeaways
- Why Does RBC Capital Remain Bullish On Cloudflare (NET)?
- (NYSE:NET)’s role in AI-agent infrastructure continues to grow and its path toward long-term profitability targets accelerates, the stock retains analyst confidence.
- On May 22, 2026, RBC Capital reiterated an “Outperform” rating and $240 price target on Cloudflare, Inc.
Why Does RBC Capital Remain Bullish On Cloudflare (NET)? Faheem Tahir Mon, June 1, 2026 at 8:48 PM GMT+7 2 min read NET Cloudflare, Inc. (NYSE:NET), with significant hedge fund interest, ranks among the 10 best Saa S stocks to buy according to hedge funds. As of Q1 2026, 84 hedge funds held bullish positions in the stock, representing $3.55 billion in aggregate value.
As Cloudflare, Inc. (NYSE:NET)’s role in AI-agent infrastructure continues to grow and its path toward long-term profitability targets accelerates, the stock retains analyst confidence.
On May 22, 2026, RBC Capital reiterated an “Outperform” rating and $240 price target on Cloudflare, Inc. (NYSE:NET), pointing to the company’s June 9 Analyst Day as a potential catalyst.
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