Cloudflare (NET) Announces New Initiative With Major Web Browsers
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Cloudflare (NET) Announces New Initiative With Major Web Browsers Noor Ul Ain Rehman Sat, June 27, 2026 at 2:39 PM EDT 2 min read NET MSFT Cloudflare, Inc. (NYSE: NET ) is one of the best trending AI stocks to watch in 2026 . Cloudflare, Inc. (NYSE:NET) announced on June 22 a new initiative with major Web browsers, including Google Chrome, Mozilla Firefox, and Microsoft Edge, focused on developing and submitting for "standardization a privacy-preserving protocol to help humans and bots prove that their traffic is not malicious". Management stated that the initiative lays the foundation for a more secure, frictionless, and private experience for every website owner and Internet user alike. A close-up of a server array powering a cloud-services system. In a separate development, Cloudflare, Inc. (NYSE:NET) received a rating update from Morgan Stanley on June 4. The firm lifted the price target on the stock to $305 from $245 and maintained an Overweight rating on the shares. The rating update came ahead of the company's investor day on June 9, with the firm stating that it anticipates increased clarity on the long-term margin framework, a deeper look at Edge AI and the Agentic Web, and incremental disclosure on platform adoption and Pool of Funds. Morgan Stanley added that it sees all of this reinforcing the company's "competitive moat and monetization opportunity". Cloudflare, Inc. (NYSE:NET) provides cloud-based services to secure websites and offers a variety of products for video streaming and delivery, performance and reliability, insights, advanced security, domain registration, Cloudflare for developers, and Cloudflare marketplace. The company's operations are divided into the United States and the Rest of the World geographical segments. 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: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow . Disclosure: None. Follow Insider Monkey on Google News .
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