Cloudflare (NET) Launches New Partner Program to Speed AI Security Adoption
With a 5-year EPS growth forecasted at 32.44%, Cloudflare, Inc. (NYSE:NET) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term.
On June 17, Cloudflare, Inc. (NYSE:NET) announced the launch of its Cloudflare One Design Partner Designation, a new high-priority partner program focused on the Cloudflare One security platform. The initiative equips a select group of global partners, including Arctiq, Consortium, CMT, Presidio, and The Missing Link, with advanced technical expertise to accelerate the deployment of secure AI solutions and help customers strengthen their cybersecurity infrastructure.
On June 10, BTIG raised its price target on Cloudflare, Inc. (NYSE:NET) to $269 from $243 while maintaining a Buy rating on the shares. The firm stated that management presented a highly optimistic outlook during Investor Day 2026, raising its long-term financial targets and outlining a clear path toward achieving the "Rule of 50" by 2027. Although the planned retirement of President of Revenue Mark Anderson attracted attention, BTIG believes the company continues to improve sales productivity while maintaining strong momentum across its enterprise customer base.
Founded in 2009 and headquartered in San Francisco, California, Cloudflare, Inc. (NYSE:NET) operates a global cloud platform that speeds up and protects internet properties. Its massive network inherently intercepts and neutralizes malicious traffic, offering critical defenses like DDoS mitigation, web application firewalls, and Zero Trust access control.
Cloudflare continues to strengthen its competitive position by expanding its cybersecurity ecosystem and enabling secure AI adoption through strategic partner initiatives. In addition, the company's improving enterprise execution, higher long-term financial targets, and positive analyst sentiment reinforce its ability to deliver sustained growth as demand for cloud security and Zero Trust solutions continues to increase.
While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 12 Best Quality Stocks to Buy and Hold for the Next Decade and 7 Best Fusion Energy Development Stocks to Buy.
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