Is Cloudflare a Buy? Expert Analysis and Prediction for Cloudflare Stock
Wednesday, 8 May 2024, 10:16
Cloudflare Stock Outlook
Trading at more than 150 times free cash flow, Cloudflare stock is a risky bet on artificial intelligence. Despite exceeding expectations in Q1, concerns persist regarding high valuation.
Expert Analysis and Prediction
Oppenheimer analyst Shaul Eyal forecasts a 48% upside potential for Cloudflare stock within a year based on strong AI projects and sales pipeline.
Investment Recommendation
Considering the potential growth and risks associated with Cloudflare stock, investors should carefully evaluate current valuation and long-term prospects before making investment decisions.
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