Cloudflare
(NYSE:NET)
$84.40
-2.31[-2.66%]
At close: Apr 19
$84.40
0[0.00%]
After Hours: 4:39PM EDT
Q1 2024 Earnings in 13 days from now on Thu May 2nd, after the market close
Consensus Rating1
Outperform
Highest Price Target1
$135.00
Lowest Price Target1
$43.00
Consensus Price Target1
$78.38

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

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 20.46% upside for Cloudflare Inc from these 3 analyst ratings.

Analyst Trend
1
Oct 23
2
2
Nov 23
3
Jan
5
6
Feb
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Cantor Fitzgerald
Mizuho
DZ Bank
Morgan Stanley
Truist Securities

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cloudflare

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/17/2024NETBuy Now
Cloudflare
$84.4018.48%Cantor Fitzgerald
Yi Fu Lee
→ $100ReiteratesNeutral → NeutralGet Alert
04/15/2024NETBuy Now
Cloudflare
$84.4012.56%Mizuho
Gregg Moskowitz
$105 → $95MaintainsNeutralGet Alert
02/13/2024NETBuy Now
Cloudflare
$84.4030.33%DZ Bank
Axel Herlinghaus
→ $110DowngradeBuy → HoldGet Alert
02/12/2024NETBuy Now
Cloudflare
$84.409%Morgan Stanley
Keith Weiss
$66 → $92MaintainsEqual-WeightGet Alert
02/12/2024NETBuy Now
Cloudflare
$84.4018.48%Cantor Fitzgerald
Yi Fu Lee
→ $100ReiteratesNeutral → NeutralGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4042.18%Truist Securities
Joel Fishbein
$90 → $120MaintainsBuyGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4056.4%Keybanc
Thomas Blakey
$94 → $132MaintainsOverweightGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.406.64%JP Morgan
Mark Murphy
$53 → $90MaintainsNeutralGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4024.41%Mizuho
Gregg Moskowitz
$73 → $105MaintainsNeutralGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4027.96%RBC Capital
Matthew Hedberg
$95 → $108MaintainsOutperformGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4036.26%Susquehanna
Aaron Samuels
$75 → $115MaintainsNeutralGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4048.1%Wells Fargo
Andrew Nowinski
$95 → $125MaintainsOverweightGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4018.48%Cantor Fitzgerald
Yi Fu Lee
$70 → $100Assumes → NeutralGet Alert
02/09/2024NETBuy Now
Cloudflare
$84.4059.95%Needham
Alex Henderson
$110 → $135MaintainsBuyGet Alert
01/31/2024NETBuy Now
Cloudflare
$84.406.64%JMP Securities
Trevor Walsh
$75 → $90MaintainsMarket OutperformGet Alert
01/29/2024NETBuy Now
Cloudflare
$84.4012.56%Wells Fargo
Andrew Nowinski
$72 → $95MaintainsOverweightGet Alert
01/18/2024NETBuy Now
Cloudflare
$84.4011.37%Keybanc
Thomas Blakey
$70 → $94MaintainsOverweightGet Alert
01/16/2024NETBuy Now
Cloudflare
$84.406.64%Truist Securities
Ki Bin Kim
$80 → $90MaintainsBuyGet Alert
11/21/2023NETBuy Now
Cloudflare
$84.40Oppenheimer
Shaul Eyal
UpgradePerform → OutperformGet Alert

FAQ

Q

What is the target price for Cloudflare (NET)?

A

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 18.48% upside). 56 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 Cantor Fitzgerald, and Cloudflare reiterated their neutral rating.

Q

When was the last upgrade for Cloudflare (NET)?

A

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.

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 April 17, 2024 so you should expect the next rating to be made available sometime around April 17, 2025.

Q

Is the Analyst Rating Cloudflare (NET) correct?

A

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 $84.40, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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