Comments

Cloudflare Analyst Ratings

NETNYSE

Logo brought to you by Benzinga Data

Trade with Public

$196.94

0.240.12%

Last update: Dec 16, 10:49 AM

Overview News Earnings Options Guidance

Analyst Ratings

Insider Trades Short Interest Government Trades Stock Report

Consensus Rating¹

Buy

Highest Price Target¹

$318.00

Lowest Price Target¹

$65.00

Consensus Price Target¹

$217.94

Cloudflare Analyst Ratings and Price Targets | NYSE:NET | Benzinga

Cloudflare Inc has a consensus price target of $217.94 based on the ratings of 32 analysts. The high is $318 issued by Citigroup on November 3, 2025. The low is $65 issued by Exane BNP Paribas on October 8, 2024. The 3 most-recent analyst ratings were released by Barclays, Argus Research, and Citigroup on December 2, 2025, November 10, 2025, and November 3, 2025, respectively. With an average price target of $272.67 between Barclays, Argus Research, and Citigroup, there's an implied 38.45% upside for Cloudflare Inc from these most-recent analyst ratings.

Analyst Trends and Forecast

Jul

Aug

Oct

Nov

Dec

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

3.6

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Analyst Firms Making Recommendations¹

Barclays

Argus Research

Citigroup

Susquehanna

Wells Fargo

¹calculated from analyst ratings

Analyst Ratings for Cloudflare

					Get Alert
Dec 2, 2025	19.33%	Saket KaliaBarclays 75%	235	Previous Initiates Current Overweight	Get Alert
Nov 10, 2025	34.56%	Joseph BonnerArgus Research 72%	238 265	Previous Buy Current Buy	Get Alert
Nov 3, 2025	61.47%	Fatima BoolaniCitigroup 77%	255 318	Previous Buy Current Buy	Get Alert
Nov 3, 2025	32.02%	Aaron SamuelsSusquehanna 25%	205 260	Previous Neutral Current Neutral	Get Alert
Oct 31, 2025	34.56%	Andrew NowinskiWells Fargo 69%	250 265	Previous Overweight Current Overweight	Get Alert
Oct 31, 2025	26.94%	Joseph GalloJefferies 69%	225 250	Previous Hold Current Hold	Get Alert
Oct 31, 2025	26.43%	James FishPiper Sandler 66%	224 249	Previous Neutral Current Neutral	Get Alert
Oct 31, 2025	24.4%	Roger BoydUBS 58%	240 245	Previous Neutral Current Neutral	Get Alert
Oct 31, 2025	29.48%	Patrick ColvilleScotiabank 58%	200 255	Previous Sector Perform Current Sector Perform	Get Alert
Oct 31, 2025	34.56%	Matthew HedbergRBC Capital 72%	250 265	Previous Outperform Current Outperform	Get Alert
Oct 31, 2025	39.64%	Adam BorgStifel 75%	230 275	Previous Buy Current Buy	Get Alert
Oct 31, 2025	13.74%	Thomas BlakeyCantor Fitzgerald 66%	199 224	Previous Neutral Current Neutral	Get Alert
Oct 31, 2025	52.33%	Jackson AderKeybanc 68%	235 300	Previous Overweight Current Overweight	Get Alert
Oct 31, 2025	42.18%	Gregg MoskowitzMizuho 69%	240 280	Previous Outperform Current Outperform	Get Alert
Oct 31, 2025	37.1%	Trevor WalshCitizens 86%	250 270	Previous Market Outperform Current Market Outperform	Get Alert
Oct 31, 2025	44.71%	Mike CikosNeedham 70%	240 285	Previous Buy Current Buy	Get Alert
Oct 21, 2025	21.86%	Roger BoydUBS 58%	215 240	Previous Neutral Current Neutral	Get Alert
Aug 18, 2025	29.48%	Fatima BoolaniCitigroup 77%	240 255	Previous Buy Current Buy	Get Alert
Aug 1, 2025	21.36%	Param SinghOppenheimer 48%	200 239	Previous Outperform Current Outperform	Get Alert
Aug 1, 2025	1.55%	Patrick ColvilleScotiabank 58%	135 200	Previous Sector Perform Current Sector Perform	Get Alert
Aug 1, 2025	21.86%	Gregg MoskowitzMizuho 69%	220 240	Previous Outperform Current Outperform	Get Alert
Aug 1, 2025	15.77%	Matthew HedbergRBC Capital 72%	210 228	Previous Outperform Current Outperform	Get Alert
Aug 1, 2025	16.79%	Adam BorgStifel 75%	175 230	Previous Buy Current Buy	Get Alert
Aug 1, 2025	26.94%	Andrew NowinskiWells Fargo 69%	225 250	Previous Overweight Current Overweight	Get Alert
Aug 1, 2025	-43.64%	John DifucciGuggenheim 62%	70 111	Previous Sell Current Sell	Get Alert
Aug 1, 2025	1.05%	Thomas BlakeyCantor Fitzgerald 66%	162 199	Previous Neutral Current Neutral	Get Alert
Aug 1, 2025	26.94%	Trevor WalshJMP Securities 86%	225 250	Previous Market Outperform Current Market Outperform	Get Alert
Aug 1, 2025	19.33%	Jackson AderKeybanc 68%	210 235	Previous Overweight Current Overweight	Get Alert
Aug 1, 2025	13.74%	James FishPiper Sandler 66%	151 224	Previous Neutral Current Neutral	Get Alert
Aug 1, 2025	19.33%	Keith WeissMorgan Stanley 74%	225 235	Previous Overweight Current Overweight	Get Alert
Aug 1, 2025	21.86%	Madeline BrooksB of A Securities 31%	235 240	Previous Buy Current Buy	Get Alert
Aug 1, 2025	21.86%	Mike CikosNeedham 70%	200 240	Previous Buy Current Buy	Get Alert
Jul 28, 2025	14.25%	Mitch GermainJMP Securities 54%	180 225	Previous Market Outperform Current Market Outperform	Get Alert
Jul 25, 2025	-11.14%	Shrenik KothariBaird 72%	148 175	Previous Neutral Current Neutral	Get Alert
Jul 24, 2025	1.55%	Roger BoydUBS 58%	145 200	Previous Neutral Current Neutral	Get Alert
Jul 22, 2025	-13.68%	Axel HerlinghausDZ Bank 44%	170	Previous Buy Current Sell	Get Alert
Jul 21, 2025	14.25%	Andrew NowinskiWells Fargo 69%	200 225	Previous Overweight Current Overweight	Get Alert
Jul 16, 2025	11.71%	Gregg MoskowitzMizuho 69%	155 220	Previous Outperform Current Outperform	Get Alert
Jul 11, 2025	14.25%	Keith WeissMorgan Stanley 74%	150 225	Previous Overweight Current Overweight	Get Alert
Jun 6, 2025	6.63%	Jackson AderKeybanc 68%	210	Previous Initiates Current Overweight	Get Alert
Jun 5, 2025	1.55%	Param SinghOppenheimer 48%	165 200	Previous Outperform Current Outperform	Get Alert
May 12, 2025	-28.91%	Aaron SamuelsSusquehanna 25%	140 170	Previous Neutral Current Neutral	Get Alert
May 12, 2025	-21.8%	—	154	Previous Market Perform Current Outperform	Get Alert
May 9, 2025	-26.37%	Roger BoydUBS 58%	135 145	Previous Neutral Current Neutral	Get Alert
May 9, 2025	-16.22%	Param SinghOppenheimer 48%	150 165	Previous Outperform Current Outperform	Get Alert
May 9, 2025	-64.46%	John DifucciGuggenheim 62%	68 70	Previous Sell Current Sell	Get Alert
May 9, 2025	-23.83%	Keith WeissMorgan Stanley 74%	144 150	Previous Overweight Current Overweight	Get Alert
May 9, 2025	-23.33%	James FishPiper Sandler 66%	112 151	Previous Neutral Current Neutral	Get Alert
May 9, 2025	-23.83%	Brent ThillJefferies 75%	150 170	Previous Hold Current Hold	Get Alert
May 9, 2025	-18.76%	Mike CikosNeedham 70%	145 160	Previous Buy Current Buy	Get Alert
Apr 16, 2025	-26.88%	Keith WeissMorgan Stanley 74%	144 154	Previous Overweight Current Overweight	Get Alert
Apr 8, 2025	-43.13%	James FishPiper Sandler 66%	112 131	Previous Neutral Current Neutral	Get Alert
Mar 25, 2025	-18.76%	Madeline BrooksB of A Securities 31%	60 160	Previous Underperform Current Buy	Get Alert
Mar 17, 2025	-8.6%	Trevor WalshCitizens Capital Markets 86%	180 180	Previous Market Outperform Current Market Outperform	Get Alert
Mar 14, 2025	-18.25%	Gabriela BorgesGoldman Sachs 68%	161 183	Previous Buy Current Buy	Get Alert
Mar 13, 2025	-24.85%	Matthew HedbergRBC Capital 72%	148 170	Previous Outperform Current Outperform	Get Alert
Mar 13, 2025	-33.48%	James FishPiper Sandler 66%	131 153	Previous Neutral Current Neutral	Get Alert
Mar 13, 2025	-31.45%	Roger BoydUBS 58%	135 165	Previous Neutral Current Neutral	Get Alert
Mar 13, 2025	-28.91%	Gregg MoskowitzMizuho 69%	140 160	Previous Neutral Current Neutral	Get Alert
Mar 13, 2025	-26.37%	Mike CikosNeedham 70%	145 185	Previous Buy Current Buy	Get Alert
Feb 18, 2025	-6.06%	Mike CikosNeedham 70%	185 185	Previous Buy Current Buy	Get Alert
Feb 10, 2025	-18.76%	Gregg MoskowitzMizuho 69%	130 160	Previous Neutral Current Neutral	Get Alert
Feb 10, 2025	-13.68%	Aaron SamuelsSusquehanna 25%	95 170	Previous Neutral Current Neutral	Get Alert
Feb 7, 2025	-13.68%	Joseph GalloJefferies 69%	145 170	Previous Hold Current Hold	Get Alert
Feb 7, 2025	-8.6%	Fatima BoolaniCitigroup 77%	145 180	Previous Buy Current Buy	Get Alert
Feb 7, 2025	-41.61%	Mark MurphyJP Morgan 74%	110 115	Previous Neutral Current Neutral	Get Alert
Feb 7, 2025	-13.68%	Matthew HedbergRBC Capital 72%	123 170	Previous Outperform Current Outperform	Get Alert
Feb 7, 2025	-24.34%	Thomas BlakeyCantor Fitzgerald 66%	111 149	Previous Neutral Current Neutral	Get Alert
Feb 7, 2025	-7.08%	Gabriela BorgesGoldman Sachs 68%	140 183	Previous Buy Current Buy	Get Alert
Feb 7, 2025	-8.6%	Trevor WalshJMP Securities 86%	135 180	Previous Market Outperform Current Market Outperform	Get Alert
Feb 7, 2025	-65.47%	John DifucciGuggenheim 62%	57 68	Previous Sell Current Sell	Get Alert
Feb 7, 2025	-11.14%	Adam BorgStifel 75%	136 175	Previous Buy Current Buy	Get Alert
Feb 7, 2025	-16.22%	Roger BoydUBS 58%	130 165	Previous Neutral Current Neutral	Get Alert
Feb 7, 2025	-22.31%	James FishPiper Sandler 66%	92 153	Previous Neutral Current Neutral	Get Alert
Feb 7, 2025	-6.06%	Mike CikosNeedham 70%	160 185	Previous Buy Current Buy	Get Alert
Feb 6, 2025	-44.15%	Mark MurphyJP Morgan 74%	80 110	Previous Neutral Current Neutral	Get Alert
Feb 3, 2025	-18.76%	Mike CikosNeedham 70%	110 160	Previous Buy Current Buy	Get Alert
Feb 3, 2025	-28.91%	Shrenik KothariBaird 72%	125 140	Previous Outperform Current Neutral	Get Alert
Jan 28, 2025	-31.45%	Trevor WalshJMP Securities 86%	120 135	Previous Market Outperform Current Market Outperform	Get Alert
Jan 28, 2025	-28.91%	Joel FishbeinTruist Securities 74%	120 140	Previous Buy Current Buy	Get Alert
Jan 27, 2025	-23.83%	Andrew NowinskiWells Fargo 69%	135 150	Previous Overweight Current Overweight	Get Alert
Jan 24, 2025	-33.99%	Roger BoydUBS 58%	95 130	Previous Neutral Current Neutral	Get Alert
Jan 21, 2025	-33.99%	Gregg MoskowitzMizuho 69%	125 130	Previous Neutral Current Neutral	Get Alert
Jan 21, 2025	-44.15%	Patrick ColvilleScotiabank 58%	87 110	Previous Sector Perform Current Sector Perform	Get Alert
Jan 21, 2025	-28.91%	Keith WeissMorgan Stanley 74%	130 140	Previous Overweight Current Overweight	Get Alert
Jan 17, 2025	-26.37%	Fatima BoolaniCitigroup 77%	95 145	Previous Neutral Current Buy	Get Alert
Jan 7, 2025	-31.45%	Andrew NowinskiWells Fargo 69%	110 135	Previous Overweight Current Overweight	Get Alert
Jan 3, 2025	-37.54%	Matt Hedberg RBC Capital 71%	99 123	Previous Outperform Current Outperform	Get Alert
Jan 2, 2025	-28.91%	Gabriela BorgesGoldman Sachs 68%	77 140	Previous Sell Current Buy	Get Alert
Dec 19, 2024	-36.53%	Brent ThillJefferies 75%	100 125	Previous Hold Current Hold	Get Alert
Dec 17, 2024	-30.94%	Adam BorgStifel 75%	95 136	Previous Hold Current Buy	Get Alert
Dec 13, 2024	-36.53%	Gregg MoskowitzMizuho 69%	102 125	Previous Neutral Current Neutral	Get Alert
Dec 2, 2024	-33.99%	Keith WeissMorgan Stanley 74%	92 130	Previous Equal-Weight Current Overweight	Get Alert
Nov 8, 2024	-51.76%	Roger BoydUBS 58%	88 95	Previous Neutral Current Neutral	Get Alert
Nov 8, 2024	-44.15%	Andrew NowinskiWells Fargo 69%	105 110	Previous Overweight Current Overweight	Get Alert
Nov 8, 2024	-55.82%	Patrick ColvilleScotiabank 58%	85 87	Previous Sector Perform Current Sector Perform	Get Alert
Nov 8, 2024	-53.29%	James FishPiper Sandler 66%	83 92	Previous Neutral Current Neutral	Get Alert
Oct 17, 2024	-46.68%	Gregg MoskowitzMizuho 69%	92 105	Previous Neutral Current Neutral	Get Alert
Oct 8, 2024	-67%	Andrew DeGasperiExane BNP Paribas 37%	65	Previous Initiates Current Underperform	Get Alert
Aug 5, 2024	-56.84%	Aaron SamuelsSusquehanna 25%	80 85	Previous Neutral Current Neutral	Get Alert

FAQ

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

The latest price target for Cloudflare (NYSE:NET) was reported by Barclays on December 2, 2025. The analyst firm set a price target for $235.00 expecting NET to rise to within 12 months (a possible 19.33% upside). 91 analyst firms have reported ratings in the last year.

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

The latest analyst rating for Cloudflare (NYSE:NET) was provided by Barclays, and Cloudflare initiated their overweight rating.

When was the last upgrade for Cloudflare (NET)?

The last upgrade for Cloudflare Inc happened on May 12, 2025 when CICC raised their price target to $154. CICC previously had a market perform for Cloudflare Inc.

When was the last downgrade for Cloudflare (NET)?

The last downgrade for Cloudflare Inc happened on July 22, 2025 when DZ Bank changed their price target from N/A to $170 for Cloudflare Inc.

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

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 December 2, 2025 so you should expect the next rating to be made available sometime around December 2, 2026.

Is the Analyst Rating Cloudflare (NET) correct?

While ratings are subjective and will change, the latest Cloudflare (NET) rating was a initiated with a price target of $0.00 to $235.00. The current price Cloudflare (NET) is trading at is $196.94, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.