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Cloudflare

NETNYSE
$79.28
0.620.79%
Pre-Market: 4:18 AM EDT
15 minutes delayed
Q2 2024 Earnings in 10 days from now on Thu Aug 1st, after the market close
Consensus Rating1
Neutral
Highest Price Target1
$135.00
Lowest Price Target1
$50.00
Consensus Price Target1
$87.07

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Cloudflare (NYSE:NET) Stock, Analyst Ratings, Price Targets, Forecasts

Cloudflare Inc has a consensus price target of $87.07 based on the ratings of 29 analysts. The high is $135 issued by Needham on May 31, 2024. The low is $50 issued by Guggenheim on June 25, 2024. The 3 most-recent analyst ratings were released by Mizuho, Piper Sandler, and Scotiabank on July 16, 2024, July 15, 2024, and July 8, 2024, respectively. With an average price target of $86.33 between Mizuho, Piper Sandler, and Scotiabank, there's an implied 8.90% upside for Cloudflare Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Apr
5
7
3
May
3
2
Jun
2
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Piper Sandler
Scotiabank
Guggenheim
UBS

1calculated from analyst ratings

Analyst Ratings for Cloudflare

Buy NowGet Alert
07/16/2024Buy NowWolfe Research
Joshua Tilton
Initiates → Peer PerformGet Alert
07/16/2024Buy Now16.04%Mizuho
Gregg Moskowitz
$88 → $92MaintainsNeutralGet Alert
07/15/2024Buy Now3.43%Piper Sandler
James Fish
$81 → $82MaintainsNeutralGet Alert
07/08/2024Buy Now7.21%Scotiabank
Patrick Colville
→ $85Initiates → Sector PerformGet Alert
06/25/2024Buy Now-36.93%Guggenheim
John Difucci
$50 → $50ReiteratesSell → SellGet Alert
06/25/2024Buy Now3.43%UBS
Roger Boyd
$76 → $82UpgradeSell → NeutralGet Alert
06/21/2024Buy Now0.91%Cantor Fitzgerald
Yi Fu Lee
$80 → $80ReiteratesNeutral → NeutralGet Alert
06/17/2024Buy Now16.04%Morgan Stanley
Keith Weiss
$92 → $92ReiteratesEqual-Weight → Equal-WeightGet Alert
06/04/2024Buy Now-14.23%Goldman Sachs
Gabriela Borges
$77 → $68MaintainsSellGet Alert
05/31/2024Buy Now0.91%Cantor Fitzgerald
Yi Fu Lee
$80 → $80ReiteratesNeutral → NeutralGet Alert
05/31/2024Buy Now13.52%RBC Capital
Matthew Hedberg
$108 → $90MaintainsOutperformGet Alert
05/31/2024Buy Now70.28%Needham
Alex Henderson
$135 → $135ReiteratesBuy → BuyGet Alert
05/14/2024Buy Now51.36%JMP Securities
Trevor Walsh
→ $120ReiteratesMarket Outperform → Market OutperformGet Alert
05/09/2024Buy Now13.52%Citigroup
Fatima Boolani
$95 → $90MaintainsNeutralGet Alert
05/06/2024Buy Now-2.88%Goldman Sachs
Gabriela Borges
$89 → $77MaintainsSellGet Alert
05/06/2024Buy Now0.91%Susquehanna
Aaron Samuels
$115 → $80MaintainsNeutralGet Alert
05/03/2024Buy Now70.28%Needham
Alex Henderson
→ $135ReiteratesBuy → BuyGet Alert
05/03/2024Buy Now-4.14%UBS
Roger Boyd
$88 → $76MaintainsSellGet Alert
05/03/2024Buy Now38.75%TD Cowen
Shaul Eyal
$117 → $110MaintainsBuyGet Alert
05/03/2024Buy Now0.91%JP Morgan
Mark Murphy
$90 → $80MaintainsNeutralGet Alert
05/03/2024Buy Now32.44%Wells Fargo
Andrew Nowinski
$125 → $105MaintainsOverweightGet Alert
05/03/2024Buy Now18.57%Keybanc
Thomas Blakey
$132 → $94MaintainsOverweightGet Alert
05/03/2024Buy Now-24.32%B of A Securities
Madeline Brooks
$52 → $60MaintainsUnderperformGet Alert
05/03/2024Buy Now0.91%Cantor Fitzgerald
Yi Fu Lee
$100 → $80MaintainsNeutralGet Alert
05/03/2024Buy Now2.17%Piper Sandler
James Fish
$110 → $81ReiteratesNeutral → NeutralGet Alert
05/03/2024Buy Now38.75%Oppenheimer
Shaul Eyal
$122 → $110MaintainsOutperformGet Alert
05/03/2024Buy Now11%Mizuho
Gregg Moskowitz
$95 → $88MaintainsNeutralGet Alert
05/03/2024Buy Now18.57%Baird
Shrenik Kothari
$100 → $94MaintainsOutperformGet Alert
04/17/2024Buy Now26.14%Cantor Fitzgerald
Yi Fu Lee
→ $100ReiteratesNeutral → NeutralGet Alert
04/15/2024Buy Now19.83%Mizuho
Gregg Moskowitz
$105 → $95MaintainsNeutralGet Alert
02/13/2024Buy Now38.75%DZ Bank
Axel Herlinghaus
→ $110DowngradeBuy → HoldGet Alert
02/12/2024Buy Now16.04%Morgan Stanley
Keith Weiss
$66 → $92MaintainsEqual-WeightGet Alert
02/12/2024Buy Now26.14%Cantor Fitzgerald
Yi Fu Lee
→ $100ReiteratesNeutral → NeutralGet Alert
02/09/2024Buy Now51.36%Truist Securities
Joel Fishbein
$90 → $120MaintainsBuyGet Alert
02/09/2024Buy Now66.5%Keybanc
Thomas Blakey
$94 → $132MaintainsOverweightGet Alert
02/09/2024Buy Now13.52%JP Morgan
Mark Murphy
$53 → $90MaintainsNeutralGet Alert
02/09/2024Buy Now32.44%Mizuho
Gregg Moskowitz
$73 → $105MaintainsNeutralGet Alert
02/09/2024Buy Now36.23%RBC Capital
Matthew Hedberg
$95 → $108MaintainsOutperformGet Alert
02/09/2024Buy Now45.06%Susquehanna
Aaron Samuels
$75 → $115MaintainsNeutralGet Alert
02/09/2024Buy Now57.67%Wells Fargo
Andrew Nowinski
$95 → $125MaintainsOverweightGet Alert
02/09/2024Buy Now26.14%Cantor Fitzgerald
Yi Fu Lee
$70 → $100Assumes → NeutralGet Alert
02/09/2024Buy Now70.28%Needham
Alex Henderson
$110 → $135MaintainsBuyGet Alert
01/31/2024Buy Now13.52%JMP Securities
Trevor Walsh
$75 → $90MaintainsMarket OutperformGet Alert
01/29/2024Buy Now19.83%Wells Fargo
Andrew Nowinski
$72 → $95MaintainsOverweightGet Alert
01/18/2024Buy Now18.57%Keybanc
Thomas Blakey
$70 → $94MaintainsOverweightGet Alert
01/16/2024Buy Now13.52%Truist Securities
Ki Bin Kim
$80 → $90MaintainsBuyGet Alert
11/21/2023Buy NowOppenheimer
Shaul Eyal
UpgradePerform → OutperformGet Alert
11/07/2023Buy Now-24.32%Morgan Stanley
Keith Weiss
$55 → $60MaintainsEqual-WeightGet Alert
11/03/2023Buy Now-24.32%Piper Sandler
James Fish
$64 → $60MaintainsNeutralGet Alert
11/03/2023Buy Now-18.01%RBC Capital
Matthew Hedberg
$70 → $65MaintainsOutperformGet Alert
10/30/2023Buy Now-30.63%Morgan Stanley
Keith Weiss
$43 → $55MaintainsEqual-WeightGet Alert
09/07/2023Buy Now-34.41%B of A Securities
Madeline Brooks
→ $52Initiates → UnderperformGet Alert
08/30/2023Buy Now-18.01%Citigroup
Fatima Boolani
$48 → $65MaintainsNeutralGet Alert
08/07/2023Buy Now-45.76%Morgan Stanley
Keith Weiss
$43 → $43ReiteratesEqual-Weight → Equal-WeightGet Alert
08/07/2023Buy Now-36.93%Guggenheim
John Difucci
→ $50DowngradeNeutral → SellGet Alert
08/04/2023Buy Now0.91%TD Cowen
Shaul Eyal
$70 → $80MaintainsOutperformGet Alert
08/04/2023Buy Now0.91%Wells Fargo
Andrew Nowinski
$55 → $80MaintainsOverweightGet Alert
08/04/2023Buy Now-5.4%RBC Capital
Matthew Hedberg
$71 → $75MaintainsOutperformGet Alert
08/04/2023Buy Now-45.76%Goldman Sachs
Gabriela Borges
$38 → $43MaintainsSellGet Alert
08/04/2023Buy Now-11.71%Mizuho
Gregg Moskowitz
$65 → $70MaintainsNeutralGet Alert
08/04/2023Buy Now7.21%Needham
Alex Henderson
$75 → $85MaintainsBuyGet Alert
07/31/2023Buy Now-10.44%RBC Capital
Matthew Hedberg
$54 → $71MaintainsOutperformGet Alert
07/28/2023Buy Now-5.4%Baird
Shrenik Kothari
$64 → $75MaintainsOutperformGet Alert
07/18/2023Buy Now0.91%Keybanc
Thomas Blakey
$61 → $80MaintainsOverweightGet Alert
07/13/2023Buy Now-5.4%JMP Securities
Trevor Walsh
$60 → $75MaintainsOutperformGet Alert
06/28/2023Buy Now-19.27%Baird
Shrenik Kothari
$59 → $64MaintainsOutperformGet Alert
06/15/2023Buy Now-38.19%Mizuho
Gregg Moskowitz
→ $49ReiteratesNeutral → NeutralGet Alert
06/05/2023Buy Now-30.63%UBS
Roger Boyd
→ $55Initiates → SellGet Alert
05/09/2023Buy Now-24.32%JMP Securities
Trevor Walsh
→ $60Reiterates → Market OutperformGet Alert
05/05/2023Buy NowGuggenheim
John Difucci
UpgradeSell → NeutralGet Alert
05/05/2023Buy Now-28.1%Needham
Alex Henderson
→ $57Reiterates → BuyGet Alert
05/03/2023Buy Now-24.32%JMP Securities
Trevor Walsh
→ $60Reiterates → Market OutperformGet Alert
05/01/2023Buy Now-52.07%Goldman Sachs
Gabriela Borges
$51 → $38MaintainsSellGet Alert
05/01/2023Buy Now-5.4%Credit Suisse
Sami Badri
$95 → $75MaintainsOutperformGet Alert
04/28/2023Buy Now-38.19%Mizuho
Gregg Moskowitz
$60 → $49MaintainsNeutralGet Alert
04/28/2023Buy Now-36.93%Cantor Fitzgerald
Jonathan Ruykhaver
$65 → $50MaintainsNeutralGet Alert
04/28/2023Buy Now-30.63%Stifel
Adam Borg
$65 → $55MaintainsHoldGet Alert
04/28/2023Buy Now-49.55%Guggenheim
John Difucci
$43 → $40MaintainsSellGet Alert
04/28/2023Buy Now-30.63%Wells Fargo
Andrew Nowinski
$75 → $55MaintainsOverweightGet Alert
04/28/2023Buy Now-52.07%Goldman Sachs
Gabriela Borges
$51 → $38MaintainsSellGet Alert
04/28/2023Buy Now-25.58%Baird
Shrenik Kothari
$67 → $59MaintainsOutperformGet Alert
04/28/2023Buy Now-28.1%Needham
Alex Henderson
$77 → $57MaintainsBuyGet Alert
04/28/2023Buy Now-24.32%JMP Securities
Trevor Walsh
$90 → $60MaintainsOutperformGet Alert
04/28/2023Buy Now-23.06%Keybanc
Thomas Blakey
$80 → $61MaintainsOverweightGet Alert
04/19/2023Buy NowWilliam Blair
Jonathan Ho
Reinstates → OutperformGet Alert
03/22/2023Buy Now-2.88%Needham
Alex Henderson
→ $77Reiterates → BuyGet Alert
02/14/2023Buy Now-35.67%Goldman Sachs
Gabriela Borges
→ $51Initiates → SellGet Alert
02/13/2023Buy Now-25.58%Citigroup
Fatima Boolani
$50 → $59MaintainsNeutralGet Alert
02/13/2023Buy Now19.83%Credit Suisse
Sami Badri
→ $95Reiterates → OutperformGet Alert
02/10/2023Buy Now0.91%Truist Securities
Joel Fishbein
$57 → $80MaintainsBuyGet Alert
02/10/2023Buy Now-11.71%RBC Capital
Matthew Hedberg
$60 → $70MaintainsOutperformGet Alert
02/10/2023Buy Now-2.88%Needham
Alex Henderson
$70 → $77MaintainsBuyGet Alert
02/10/2023Buy Now-24.32%Mizuho
Gregg Moskowitz
$55 → $60MaintainsNeutralGet Alert
02/10/2023Buy Now-19.27%Piper Sandler
James Fish
$46 → $64MaintainsNeutralGet Alert
02/10/2023Buy Now0.91%Keybanc
Thomas Blakey
$59 → $80MaintainsOverweightGet Alert
02/07/2023Buy Now-34.41%Loop Capital
Fahad Najam
→ $52Initiates → HoldGet Alert
01/24/2023Buy Now-40.72%Morgan Stanley
Keith Weiss
$52 → $47MaintainsEqual-WeightGet Alert
01/20/2023Buy Now-30.63%Mizuho
Gregg Moskowitz
$60 → $55MaintainsNeutralGet Alert
01/17/2023Buy Now-54.59%Guggenheim
John Difucci
→ $36DowngradeNeutral → SellGet Alert
01/17/2023Buy Now-41.98%Piper Sandler
James Fish
$58 → $46MaintainsNeutralGet Alert

FAQ

Q

What is the target price for Cloudflare (NET) stock?

A

The latest price target for Cloudflare (NYSE:NET) was reported by Wolfe Research on July 16, 2024. The analyst firm set a price target for $0.00 expecting NET to fall to within 12 months (a possible -100.00% downside). 63 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cloudflare (NET)?

A

The latest analyst rating for Cloudflare (NYSE:NET) was provided by Wolfe Research, and Cloudflare initiated their peer perform rating.

Q

When was the last upgrade for Cloudflare (NET)?

A

The last upgrade for Cloudflare Inc happened on June 25, 2024 when UBS raised their price target to $82. UBS previously had a sell for Cloudflare Inc.

Q

When was the last downgrade for Cloudflare (NET)?

A

The last downgrade for Cloudflare Inc happened on February 13, 2024 when DZ Bank changed their price target from N/A to $110 for Cloudflare Inc.

Q

When is the next analyst rating going to be posted or updated for Cloudflare (NET)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cloudflare, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cloudflare was filed on July 16, 2024 so you should expect the next rating to be made available sometime around July 16, 2025.

Q

Is the Analyst Rating Cloudflare (NET) correct?

A

While ratings are subjective and will change, the latest Cloudflare (NET) rating was a initiated with a price target of $0.00 to $0.00. The current price Cloudflare (NET) is trading at is $79.28, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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