Cloudflare (NET) Stock Price Target 2026

The average analyst price target for Cloudflare is $323.72, 26.9% above the current price. Of 25 analysts, 19 rate it Buy, 5 Hold and 1 Sell. Targets range from $160 to $430. The latest change came on Nov 3, 2026, when JP Morgan upgraded Cloudflare from Neutral to Overweight with a $350 price target.

The Average Analyst Price Target for Cloudflare is $323.72.

Price Target Range — 6 Quarters

Analyst Consensus — 25 Analysts

2S.Buy

17Buy

5Hold

1Sell

Consensus RatingBuy# Analysts25Avg. Consensus PT$323.72Upside to Avg. PT+26.9%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Cloudflare Stock

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Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 3, 2026	JP Morgan	Samik Chatterjee	Upgrade	Neutral→Overweight	$350
Nov 2, 2026	Jefferies	Joseph Gallo	PT Cut	Hold	$350→$320
Oct 29, 2026	Bernstein	Peter Weed	PT Raise	Market Perform	$181→$245
Oct 28, 2026	Wells Fargo	Ryan Macwilliams	PT Raise	Overweight	$380→$400
Oct 13, 2026	TD Cowen	Shaul Eyal	PT Raise	Buy	$355→$375
Oct 12, 2026	Barclays	Saket Kalia	PT Raise	Overweight	$355→$400
Oct 9, 2026	Oppenheimer	Param Singh	PT Raise	Outperform	$380→$430
Oct 6, 2026	BTIG	Gray Powell	PT Raise	Buy	$382→$413
Sep 17, 2026	Bernstein	Peter Weed	PT Raise	Market Perform	$164→$181
Aug 31, 2026	Citizens	Patrick Walravens	Maintained	Market Outperform	$394
Aug 10, 2026	Citigroup	Fatima Boolani	PT Raise	Buy	$265→$400
Aug 10, 2026	Susquehanna	Aaron Samuels	PT Raise	Neutral	$200→$300
Aug 7, 2026	Scotiabank	Patrick Colville	PT Raise	Sector Outperform	$300→$390
Aug 7, 2026	UBS	Roger Boyd	PT Raise	Neutral	$250→$350
Aug 7, 2026	TD Cowen	Shaul Eyal	PT Raise	Buy	$300→$355
Aug 7, 2026	RBC Capital	Matthew Hedberg	PT Raise	Outperform	$290→$346
Aug 7, 2026	Piper Sandler	James Fish	PT Raise	Overweight	$250→$333
Aug 7, 2026	Guggenheim	John Difucci	PT Raise	Sell	$140→$160
Aug 7, 2026	Wells Fargo	Ryan Macwilliams	PT Raise	Overweight	$300→$380
Aug 7, 2026	Citizens	Patrick Walravens	PT Raise	Market Outperform	$330→$394