Cloudflare Inc has a consensus price target of $78.38, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Cantor Fitzgerald, Mizuho, and DZ Bank on April 17, 2024, April 15, 2024, and February 13, 2024. With an average price target of $101.67 between Cantor Fitzgerald, Mizuho, and DZ Bank, there's an implied 21.76% upside for Cloudflare Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/17/2024 | NET | Buy Now | Cloudflare | $83.50 | 19.76% | Cantor Fitzgerald | Yi Fu Lee | → $100 | Reiterates | Neutral → Neutral | Get Alert |
04/15/2024 | NET | Buy Now | Cloudflare | $83.50 | 13.77% | Mizuho | Gregg Moskowitz | $105 → $95 | Maintains | Neutral | Get Alert |
02/13/2024 | NET | Buy Now | Cloudflare | $83.50 | 31.74% | DZ Bank | Axel Herlinghaus | → $110 | Downgrade | Buy → Hold | Get Alert |
02/12/2024 | NET | Buy Now | Cloudflare | $83.50 | 10.18% | Morgan Stanley | Keith Weiss | $66 → $92 | Maintains | Equal-Weight | Get Alert |
02/12/2024 | NET | Buy Now | Cloudflare | $83.50 | 19.76% | Cantor Fitzgerald | Yi Fu Lee | → $100 | Reiterates | Neutral → Neutral | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 43.71% | Truist Securities | Joel Fishbein | $90 → $120 | Maintains | Buy | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 58.08% | Keybanc | Thomas Blakey | $94 → $132 | Maintains | Overweight | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 7.78% | JP Morgan | Mark Murphy | $53 → $90 | Maintains | Neutral | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 25.75% | Mizuho | Gregg Moskowitz | $73 → $105 | Maintains | Neutral | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 29.34% | RBC Capital | Matthew Hedberg | $95 → $108 | Maintains | Outperform | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 37.72% | Susquehanna | Aaron Samuels | $75 → $115 | Maintains | Neutral | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 49.7% | Wells Fargo | Andrew Nowinski | $95 → $125 | Maintains | Overweight | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 19.76% | Cantor Fitzgerald | Yi Fu Lee | $70 → $100 | Assumes | → Neutral | Get Alert |
02/09/2024 | NET | Buy Now | Cloudflare | $83.50 | 61.68% | Needham | Alex Henderson | $110 → $135 | Maintains | Buy | Get Alert |
01/31/2024 | NET | Buy Now | Cloudflare | $83.50 | 7.78% | JMP Securities | Trevor Walsh | $75 → $90 | Maintains | Market Outperform | Get Alert |
01/29/2024 | NET | Buy Now | Cloudflare | $83.50 | 13.77% | Wells Fargo | Andrew Nowinski | $72 → $95 | Maintains | Overweight | Get Alert |
01/18/2024 | NET | Buy Now | Cloudflare | $83.50 | 12.57% | Keybanc | Thomas Blakey | $70 → $94 | Maintains | Overweight | Get Alert |
01/16/2024 | NET | Buy Now | Cloudflare | $83.50 | 7.78% | Truist Securities | Ki Bin Kim | $80 → $90 | Maintains | Buy | Get Alert |
11/21/2023 | NET | Buy Now | Cloudflare | $83.50 | — | Oppenheimer | Shaul Eyal | — | Upgrade | Perform → Outperform | Get Alert |
The latest price target for Cloudflare (NYSE: NET) was reported by Cantor Fitzgerald on April 17, 2024. The analyst firm set a price target for $100.00 expecting NET to rise to within 12 months (a possible 19.76% upside). 56 analyst firms have reported ratings in the last year.
The latest analyst rating for Cloudflare (NYSE: NET) was provided by Cantor Fitzgerald, and Cloudflare reiterated their neutral rating.
The last upgrade for Cloudflare Inc happened on November 21, 2023 when Oppenheimer raised their price target to N/A. Oppenheimer previously had a perform 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 April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.
While ratings are subjective and will change, the latest Cloudflare (NET) rating was a reiterated with a price target of $0.00 to $100.00. The current price Cloudflare (NET) is trading at is $83.50, which is within the analyst’s predicted range.
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