Cloudflare (NET) Acquires The Astro Technology Company

Cloudflare, Inc. (NYSE:NET) is 1 of the Best Quantum Computing Stocks to Buy for 2026. On January 16, the institution announced that The Astro Technology Company squad would articulation Cloudflare arsenic a effect of its acquisition. Notably, Astro is simply a fashionable JavaScript web model utilized by renowned brands specified arsenic Unilever, Visa, and NBC News, arsenic good arsenic by respective developers, to physique fast, content-driven websites.

Astro would stay unfastened root to guarantee semipermanent maturation and improvement of the task nether Cloudflare, Inc. (NYSE:NET)’s stewardship.

On January 13, UBS reduced its price nonsubjective connected Cloudflare, Inc. (NYSE:NET)’s banal to $210 from $245, portion keeping a “Neutral” rating, arsenic reported by The Fly. The expert believes that, contempt weakening sentiment into 2026, the broader cybersecurity assemblage remains attractive, and spending is expected to surpass wide IT growth.

Furthermore, the steadfast added that portion banal enactment mightiness beryllium challenging, the astir compelling opportunities are expected to beryllium among the mid-cap level names that are successful the aboriginal stages of formation.

Cloudflare, Inc. (NYSE:NET) operates arsenic a unreality services provider. Its composable level and web connection precocious PQC (post-quantum cryptography) capabilities, which alteration companies to support users, applications, and networks crossed each endpoints and infrastructure.

While we admit the imaginable of NET arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.