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Benzinga
193 days

Buy Cloudflare Or Sell? Analysts Vary Over Sales Acceleration And Business Momentum

1. Cloudflare's fourth-quarter EPS was 19 cents, beating estimates of 18 cents. 2. Revenue of $459.9 million surpassed expectations and was up 27% year-over-year. 3. Analysts maintain positive outlooks; JMP raised the price target from $135 to $180. 4. Cloudflare highlights AI opportunities that could drive long-term growth for the stock. 5. Momentum improved with record customer additions and stronger sales rep productivity.

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FAQ

Why Bullish?

Strong earnings and revenue growth often lead to positive price movement. The positive analyst ratings indicate market confidence.

How important is it?

The article discusses Cloudflare's financial performance and future prospects, likely affecting investor sentiment significantly.

Why Long Term?

AI opportunities and customer growth suggest sustained improvements over time. Historical precedence shows consistent performance boosts with emerging tech integration.

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