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Cloudflare

NETNYSE
Logo brought to you by Benzinga Data
$83.43
45.04%
At Close: -
$83.39
-0.04-0.05%
After Hours: Oct 4, 7:56 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$135.00
Lowest Price Target1
$50.00
Consensus Price Target1
$89.69

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

Cloudflare Inc has a consensus price target of $89.69 based on the ratings of 28 analysts. The high is $135 issued by Needham on August 2, 2024. The low is $50 issued by Cantor Fitzgerald on April 28, 2023. The 3 most-recent analyst ratings were released by Susquehanna, RBC Capital, and Guggenheim on August 5, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $80.33 between Susquehanna, RBC Capital, and Guggenheim, there's an implied -3.67% downside for Cloudflare Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
2
Apr
5
7
3
May
3
2
Jun
2
Jul
2
3
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Susquehanna
RBC Capital
Guggenheim
Baird
Cantor Fitzgerald

1calculated from analyst ratings

Analyst Ratings for Cloudflare

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Cloudflare (NYSE:NET) was reported by Susquehanna on August 5, 2024. The analyst firm set a price target for $85.00 expecting NET to rise to within 12 months (a possible 1.93% upside). 58 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 Susquehanna, and Cloudflare maintained their neutral 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 August 5, 2024 so you should expect the next rating to be made available sometime around August 5, 2025.

Q

Is the Analyst Rating Cloudflare (NET) correct?

A

While ratings are subjective and will change, the latest Cloudflare (NET) rating was a maintained with a price target of $80.00 to $85.00. The current price Cloudflare (NET) is trading at is $83.39, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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