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Cloudflare Inc has a consensus price target of $103.83 based on the ratings of 30 analysts. The high is $145 issued by Citigroup on January 17, 2025. The low is $50 issued by Cantor Fitzgerald on April 28, 2023. The 3 most-recent analyst ratings were released by Scotiabank, Morgan Stanley, and Citigroup on January 21, 2025, January 21, 2025, and January 17, 2025, respectively. With an average price target of $131.67 between Scotiabank, Morgan Stanley, and Citigroup, there's an implied 8.88% upside for Cloudflare Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cloudflare (NYSE:NET) was reported by Scotiabank on January 21, 2025. The analyst firm set a price target for $110.00 expecting NET to fall to within 12 months (a possible -9.04% downside). 67 analyst firms have reported ratings in the last year.
The latest analyst rating for Cloudflare (NYSE:NET) was provided by Scotiabank, and Cloudflare maintained their sector perform rating.
The last upgrade for Cloudflare Inc happened on January 17, 2025 when Citigroup raised their price target to $145. Citigroup previously had a neutral for Cloudflare Inc.
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.
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 January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.
While ratings are subjective and will change, the latest Cloudflare (NET) rating was a maintained with a price target of $87.00 to $110.00. The current price Cloudflare (NET) is trading at is $120.93, which is out of the analyst’s predicted range.
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