Morgan Stanley is optimistic about Cloudflare (NET.US) ahead of earnings: Strong AI-related demand and sustainable growth support high valuation

智通财经2026/10/23 05:46

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Smart Finance APP reports that Morgan Stanley has released a Q3 earnings preview report for Cloudflare (NET.US), maintaining an "Overweight" rating on the stock with a target price of $370. The firm believes that rising consumption, accelerated developer adoption, and AI/agent workloads are providing Cloudflare with multiple growth levers, likely supporting revenue growth in Q3, Q4, and 2027 to remain in the mid-30% range. The latest partner checks indicate robust demand in CDN/application security, Workers, SASE, and the broader AI sector, with a healthy order pipeline and continued large order activity.

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Anthropic plans to publicly offer shares to raise up to 64.4 billions USD, which is lower than the 69.3 billions USD in its previously withdrawn version. The offering price range is set at 70 to 78 USD per share. Seven tech giants, including Alphabet, Nvidia, and AMD, will separately invest a total of 26 billions USD through private placements. Based on the upper offering price of 78 USD, Anthropic's valuation would be around 102 billions USD.

华尔街见闻•2026/11/10 12:07