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Cloudflare Inc has a consensus price target of $224.87 based on the ratings of 30 analysts. The high is $300 issued by Keybanc on October 31, 2025. The low is $115 issued by JP Morgan on February 7, 2025. The 3 most-recent analyst ratings were released by Susquehanna, Piper Sandler, and BTIG on May 11, 2026, May 8, 2026, and May 8, 2026, respectively. With an average price target of $231 between Susquehanna, Piper Sandler, and BTIG, there's an implied 19.56% 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 Susquehanna on May 11, 2026. The analyst firm set a price target for $200.00 expecting NET to rise to within 12 months (a possible 3.52% upside). 62 analyst firms have reported ratings in the last year.
The latest analyst rating for Cloudflare (NYSE:NET) was provided by Susquehanna, and Cloudflare maintained their neutral rating.
The last upgrade for Cloudflare Inc happened on April 15, 2026 when Piper Sandler raised their price target to $222. Piper Sandler previously had a neutral for Cloudflare Inc.
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.
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 May 11, 2026 so you should expect the next rating to be made available sometime around May 11, 2027.
While ratings are subjective and will change, the latest Cloudflare (NET) rating was a maintained with a price target of $190.00 to $200.00. The current price Cloudflare (NET) is trading at is $193.21, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 05/11/2026 | Buy Now | 3.52% | Susquehanna | $190 → $200 | Maintains | Neutral | Get Alert |
| 05/08/2026 | Buy Now | 29.39% | Piper Sandler | $222 → $250 | Reiterates | Overweight → Overweight | Get Alert |
| 05/08/2026 | Buy Now | 25.77% | BTIG | $243 → $243 | Reiterates | Buy → Buy | Get Alert |
| 04/15/2026 | Buy Now | 14.9% | Piper Sandler | $222 → $222 | Upgrade | Neutral → Overweight | Get Alert |
| 04/14/2026 | Buy Now | 21.63% | Mizuho | $255 → $235 | Maintains | Outperform | Get Alert |
| 02/12/2026 | Buy Now | 37.16% | Citigroup | $260 → $265 | Maintains | Buy | Get Alert |
| 02/11/2026 | Buy Now | 16.46% | Jefferies | $185 → $225 | Maintains | Hold | Get Alert |
| 02/11/2026 | Buy Now | 14.9% | Piper Sandler | $220 → $222 | Maintains | Neutral | Get Alert |
| 02/11/2026 | Buy Now | 24.22% | RBC Capital | $230 → $240 | Maintains | Outperform | Get Alert |
| 02/11/2026 | Buy Now | 39.75% | Wells Fargo | $265 → $270 | Maintains | Overweight | Get Alert |
| 02/11/2026 | Buy Now | -27.54% | Guggenheim | $117 → $140 | Maintains | Sell | Get Alert |
| 02/11/2026 | Buy Now | 29.39% | Barclays | $235 → $250 | Maintains | Overweight | Get Alert |
| 02/11/2026 | Buy Now | 15.94% | Cantor Fitzgerald | $224 → $224 | Reiterates | Neutral → Neutral | Get Alert |
| 02/11/2026 | Buy Now | 16.46% | Scotiabank | $255 → $225 | Maintains | Sector Perform | Get Alert |
| 02/11/2026 | Buy Now | 29.39% | Needham | $285 → $250 | Maintains | Buy | Get Alert |
| 02/11/2026 | Buy Now | 25.77% | BTIG | $199 → $243 | Maintains | Buy | Get Alert |
| 02/04/2026 | Buy Now | 3% | BTIG | → $199 | Upgrade | Neutral → Buy | Get Alert |
| 01/21/2026 | Buy Now | 31.98% | Mizuho | $280 → $255 | Maintains | Outperform | Get Alert |
| 01/16/2026 | Buy Now | 34.57% | Citigroup | $318 → $260 | Maintains | Buy | Get Alert |
| 01/13/2026 | Buy Now | 8.69% | UBS | $245 → $210 | Maintains | Neutral | Get Alert |
| 01/05/2026 | Buy Now | 13.87% | Piper Sandler | $249 → $220 | Maintains | Neutral | Get Alert |
| 12/02/2025 | Buy Now | 21.63% | Barclays | → $235 | Initiates | → Overweight | Get Alert |
| 11/10/2025 | Buy Now | 37.16% | Argus Research | $238 → $265 | Maintains | Buy | Get Alert |
| 11/03/2025 | Buy Now | 64.59% | Citigroup | $255 → $318 | Maintains | Buy | Get Alert |
| 11/03/2025 | Buy Now | 34.57% | Susquehanna | $205 → $260 | Maintains | Neutral | Get Alert |
| 10/31/2025 | Buy Now | 37.16% | Wells Fargo | $250 → $265 | Maintains | Overweight | Get Alert |
| 10/31/2025 | Buy Now | 29.39% | Jefferies | $225 → $250 | Assumes | Hold → Hold | Get Alert |
| 10/31/2025 | Buy Now | 28.88% | Piper Sandler | $224 → $249 | Maintains | Neutral | Get Alert |
| 10/31/2025 | Buy Now | 26.81% | UBS | $240 → $245 | Maintains | Neutral | Get Alert |
| 10/31/2025 | Buy Now | 31.98% | Scotiabank | $200 → $255 | Maintains | Sector Perform | Get Alert |
| 10/31/2025 | Buy Now | 37.16% | RBC Capital | $250 → $265 | Maintains | Outperform | Get Alert |
| 10/31/2025 | Buy Now | 42.33% | Stifel | $230 → $275 | Maintains | Buy | Get Alert |
| 10/31/2025 | Buy Now | 15.94% | Cantor Fitzgerald | $199 → $224 | Maintains | Neutral | Get Alert |
| 10/31/2025 | Buy Now | 55.27% | Keybanc | $235 → $300 | Maintains | Overweight | Get Alert |
| 10/31/2025 | Buy Now | 44.92% | Mizuho | $240 → $280 | Maintains | Outperform | Get Alert |
| 10/31/2025 | Buy Now | 39.75% | Citizens | $250 → $270 | Maintains | Market Outperform | Get Alert |
| 10/31/2025 | Buy Now | 47.51% | Needham | $240 → $285 | Maintains | Buy | Get Alert |
| 10/21/2025 | Buy Now | 24.22% | UBS | $215 → $240 | Maintains | Neutral | Get Alert |
| 08/18/2025 | Buy Now | 31.98% | Citigroup | $240 → $255 | Maintains | Buy | Get Alert |
| 08/01/2025 | Buy Now | 23.7% | Oppenheimer | $200 → $239 | Maintains | Outperform | Get Alert |
| 08/01/2025 | Buy Now | 3.52% | Scotiabank | $135 → $200 | Maintains | Sector Perform | Get Alert |
| 08/01/2025 | Buy Now | 24.22% | Mizuho | $220 → $240 | Maintains | Outperform | Get Alert |
| 08/01/2025 | Buy Now | 18.01% | RBC Capital | $210 → $228 | Maintains | Outperform | Get Alert |
| 08/01/2025 | Buy Now | 19.04% | Stifel | $175 → $230 | Maintains | Buy | Get Alert |
| 08/01/2025 | Buy Now | 29.39% | Wells Fargo | $225 → $250 | Maintains | Overweight | Get Alert |
| 08/01/2025 | Buy Now | -42.55% | Guggenheim | $70 → $111 | Maintains | Sell | Get Alert |
| 08/01/2025 | Buy Now | 3% | Cantor Fitzgerald | $162 → $199 | Maintains | Neutral | Get Alert |
| 08/01/2025 | Buy Now | 29.39% | JMP Securities | $225 → $250 | Maintains | Market Outperform | Get Alert |
| 08/01/2025 | Buy Now | 21.63% | Keybanc | $210 → $235 | Maintains | Overweight | Get Alert |
| 08/01/2025 | Buy Now | 15.94% | Piper Sandler | $151 → $224 | Maintains | Neutral | Get Alert |
| 08/01/2025 | Buy Now | 21.63% | Morgan Stanley | $225 → $235 | Maintains | Overweight | Get Alert |
| 08/01/2025 | Buy Now | 24.22% | B of A Securities | $235 → $240 | Maintains | Buy | Get Alert |
| 08/01/2025 | Buy Now | 24.22% | Needham | $200 → $240 | Maintains | Buy | Get Alert |
| 07/28/2025 | Buy Now | 16.46% | JMP Securities | $180 → $225 | Maintains | Market Outperform | Get Alert |
| 07/25/2025 | Buy Now | -9.42% | Baird | $148 → $175 | Maintains | Neutral | Get Alert |
| 07/24/2025 | Buy Now | 3.52% | UBS | $145 → $200 | Maintains | Neutral | Get Alert |
| 07/22/2025 | Buy Now | -12.01% | DZ Bank | → $170 | Downgrade | Buy → Sell | Get Alert |
| 07/21/2025 | Buy Now | 16.46% | Wells Fargo | $200 → $225 | Maintains | Overweight | Get Alert |
| 07/16/2025 | Buy Now | 13.87% | Mizuho | $155 → $220 | Maintains | Outperform | Get Alert |
| 07/11/2025 | Buy Now | 16.46% | Morgan Stanley | $150 → $225 | Maintains | Overweight | Get Alert |
| 06/06/2025 | Buy Now | 8.69% | Keybanc | → $210 | Initiates | → Overweight | Get Alert |
| 06/05/2025 | Buy Now | 3.52% | Oppenheimer | $165 → $200 | Reiterates | Outperform → Outperform | Get Alert |
| 05/12/2025 | Buy Now | -27.54% | Susquehanna | $170 → $140 | Maintains | Neutral | Get Alert |
| 05/12/2025 | Buy Now | -20.29% | CICC | → $154 | Upgrade | Market Perform → Outperform | Get Alert |
| 05/09/2025 | Buy Now | -22.36% | Jefferies | $170 → $150 | Maintains | Hold | Get Alert |
| 05/09/2025 | Buy Now | -24.95% | UBS | $135 → $145 | Maintains | Neutral | Get Alert |
| 05/09/2025 | Buy Now | -14.6% | Oppenheimer | $150 → $165 | Maintains | Outperform | Get Alert |
| 05/09/2025 | Buy Now | -63.77% | Guggenheim | $68 → $70 | Maintains | Sell | Get Alert |
| 05/09/2025 | Buy Now | -22.36% | Morgan Stanley | $144 → $150 | Maintains | Overweight | Get Alert |
| 05/09/2025 | Buy Now | -21.85% | Piper Sandler | $112 → $151 | Reiterates | Neutral → Neutral | Get Alert |
| 05/09/2025 | Buy Now | -17.19% | Needham | $145 → $160 | Maintains | Buy | Get Alert |
| 04/16/2025 | Buy Now | -25.47% | Morgan Stanley | $154 → $144 | Maintains | Overweight | Get Alert |
| 04/08/2025 | Buy Now | -42.03% | Piper Sandler | $131 → $112 | Maintains | Neutral | Get Alert |
| 03/25/2025 | Buy Now | -17.19% | B of A Securities | $60 → $160 | Upgrade | Underperform → Buy | Get Alert |
| 03/17/2025 | Buy Now | -6.84% | Citizens Capital Markets | $180 → $180 | Reiterates | Market Outperform → Market Outperform | Get Alert |
| 03/14/2025 | Buy Now | -16.67% | Goldman Sachs | $183 → $161 | Maintains | Buy | Get Alert |
| 03/13/2025 | Buy Now | -23.4% | RBC Capital | $170 → $148 | Maintains | Outperform | Get Alert |
| 03/13/2025 | Buy Now | -32.2% | Piper Sandler | $153 → $131 | Maintains | Neutral | Get Alert |
| 03/13/2025 | Buy Now | -30.13% | UBS | $165 → $135 | Maintains | Neutral | Get Alert |
| 03/13/2025 | Buy Now | -27.54% | Mizuho | $160 → $140 | Maintains | Neutral | Get Alert |
| 03/13/2025 | Buy Now | -24.95% | Needham | $185 → $145 | Maintains | Buy | Get Alert |
| 02/18/2025 | Buy Now | -4.25% | Needham | $185 → $185 | Reiterates | Buy → Buy | Get Alert |
| 02/10/2025 | Buy Now | -17.19% | Mizuho | $130 → $160 | Maintains | Neutral | Get Alert |
| 02/10/2025 | Buy Now | -12.01% | Susquehanna | $95 → $170 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | -12.01% | Jefferies | $145 → $170 | Maintains | Hold | Get Alert |
| 02/07/2025 | Buy Now | -6.84% | Citigroup | $145 → $180 | Maintains | Buy | Get Alert |
| 02/07/2025 | Buy Now | -40.48% | JP Morgan | $110 → $115 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | -12.01% | RBC Capital | $123 → $170 | Maintains | Outperform | Get Alert |
| 02/07/2025 | Buy Now | -22.88% | Cantor Fitzgerald | $111 → $149 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | -5.28% | Goldman Sachs | $140 → $183 | Maintains | Buy | Get Alert |
| 02/07/2025 | Buy Now | -6.84% | JMP Securities | $135 → $180 | Maintains | Market Outperform | Get Alert |
| 02/07/2025 | Buy Now | -64.8% | Guggenheim | $57 → $68 | Maintains | Sell | Get Alert |
| 02/07/2025 | Buy Now | -9.42% | Stifel | $136 → $175 | Maintains | Buy | Get Alert |
| 02/07/2025 | Buy Now | -14.6% | UBS | $130 → $165 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | -20.81% | Piper Sandler | $92 → $153 | Maintains | Neutral | Get Alert |
| 02/07/2025 | Buy Now | -4.25% | Needham | $160 → $185 | Maintains | Buy | Get Alert |
| 02/06/2025 | Buy Now | -43.07% | JP Morgan | $80 → $110 | Maintains | Neutral | Get Alert |
| 02/03/2025 | Buy Now | -17.19% | Needham | $110 → $160 | Maintains | Buy | Get Alert |
| 02/03/2025 | Buy Now | -27.54% | Baird | $125 → $140 | Downgrade | Outperform → Neutral | Get Alert |
| 01/28/2025 | Buy Now | -30.13% | JMP Securities | $120 → $135 | Maintains | Market Outperform | Get Alert |