财联社7月27日讯（编辑刘蕊）美东时间周日，美国银行的最新报告上调了对多家网络安全公司的目标股价。网络安全领域的估值持续上升、人工智能应用加速普及以及长期增长前景更加乐观为其提供了理由。

美银预计，上述每家公司都将保持约20%或更高的收入增长。他们指出，人工智能的广泛应用正在推动数据量激增、攻击面持续扩大，并使安全系统愈加复杂，从而支撑整个行业持续的支出需求。

Morgan Stanley points out that leading cybersecurity platforms are expected to benefit from the increasing market demand for protection services as well as the rising value of their data, automation tools, and continuous enhancements in artificial intelligence capabilities. Analysts have raised the enterprise valuation multiple and the enterprise valuation free cash flow multiple for these companies to reflect the aforementioned trends.

Morgan Stanley raised the stock price target for Cloudflare from 255 dollars to 330 dollars and maintained the “buy” rating. The new target is based on an enterprise valuation of 33 times sales for the 2027 fiscal year, which is higher than the previous 25 times.

Cloudflare's global network coverage spans artificial intelligence inference, application delivery, security, and developer infrastructure domains, with the robust growth momentum of developer services and artificial intelligence related businesses supporting the elevated valuation level.

Palo Alto Networks is still given a “buy” rating with its price target raised from 330 dollars to 420 dollars. The new valuation is based on a multiple of 19 times sales for 2027 calendar year which is higher than the previous 15 times.

平台整合将有利于公司网络、云服务及安全运营业务的发展。自动化与人工智能能力的持续扩展，也有望提升其在企业安全预算中的份额。

SentinelOne's price target was raised from $20 to $22. US Bank indicated that its Singularity platform provides autonomous threat detection and AI-based workflows, but the company remains undervalued relative to larger competitors due to its smaller size and lower profit margins.

CrowdStrike的股价从187.50美元上涨至230美元，但是其股票评级仍维持中性。终端云身份以及安全运营方面的领导地位支撑着其增长前景，但是这些优势已体现在较高的估值水平上。

Morgan Stanley adjusted its targets based on the sustained expansion of industry valuations. Slowed adoption rates of cybersecurity products, weak customer growth, heightened competition, or a general investor disinterest in high-valuation software companies still represent the primary risk factors.

来源：美银上调多只网络安全股目标价：AI越强大 网安需求越高 | 财联社