NYSE:NET - Cloudflare Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $83.06
  • Forecasted Upside: -20.57 %
  • Number of Analysts: 18
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 15 Buy Ratings
  • 0 Strong Buy Ratings
$104.57
▲ +0.83 (0.80%)

This chart shows the closing price for NET by one month, three months, or twelve months.

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Analyst Price Target for NET

Analyst Price Target is $83.06
▼ -20.57% Downside Potential
This price target is based on 18 analysts offering 12 month price targets for Cloudflare in the last 3 months. The average price target is $83.06, with a high forecast of $110.00 and a low forecast of $41.00. The average price target represents a -20.57% upside from the last price of $104.57.

This chart shows the closing price for NET for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 18 investment analysts is to buy stock in Cloudflare.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 12 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 15 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 14 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 15 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 15 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/26/2021CowenInitiated CoverageOutperform$100.00High
5/18/2021Jefferies Financial GroupLower Price TargetPositive ➝ Buy$100.00 ➝ $85.00Low
5/7/2021Morgan StanleyBoost Price TargetEqual Weight$88.00 ➝ $91.00High
4/19/2021MizuhoInitiated CoverageNeutral$77.00N/A
4/12/2021MizuhoInitiated CoverageNeutral$77.00High
3/24/2021Truist SecuritiesUpgradeHold ➝ Buy$75.00 ➝ $110.00High
3/23/2021Truist FinancialUpgradeHold ➝ BuyHigh
3/23/2021TruistUpgradeHold ➝ Buy$75.00 ➝ $110.00High
2/12/2021Jefferies Financial GroupBoost Price TargetBuy$95.00 ➝ $100.00Low
2/12/2021Royal Bank of CanadaBoost Price TargetBuy ➝ Outperform$85.00 ➝ $100.00Low
2/12/2021KeyCorpBoost Price TargetOverweight$87.00 ➝ $99.00Low
2/12/2021Needham & Company LLCBoost Price TargetBuy$75.00 ➝ $105.00Low
2/12/2021Morgan StanleyBoost Price TargetEqual Weight$81.00 ➝ $88.00Low
1/27/2021TruistBoost Price Target$30.00 ➝ $75.00High
1/19/2021Royal Bank of CanadaBoost Price TargetOutperform$70.00 ➝ $85.00Medium
12/9/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$83.00High
12/1/2020KeyCorpInitiated CoverageOverweight$87.00High
11/17/2020Morgan StanleyBoost Price TargetEqual Weight$42.00 ➝ $69.00High
11/6/2020Jefferies Financial GroupBoost Price TargetBuy$70.00 ➝ $80.00High
11/6/2020Wells Fargo & CompanyBoost Price TargetOverweight$50.00 ➝ $70.00Low
11/6/2020Needham & Company LLCBoost Price TargetBuy$69.00 ➝ $75.00High
11/6/2020BTIG ResearchUpgradeNeutral ➝ Buy$76.00High
11/2/2020OppenheimerBoost Price TargetOutperform$55.00 ➝ $65.00Low
11/2/2020Royal Bank of CanadaBoost Price TargetPositive ➝ Outperform$50.00 ➝ $55.00Low
10/19/2020Robert W. BairdBoost Price TargetOutperform$48.00 ➝ $62.00Low
10/13/2020Needham & Company LLCBoost Price TargetBuy$50.00 ➝ $69.00High
10/8/2020FBN SecuritiesInitiated CoverageOutperform$55.00High
8/14/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $42.00Low
8/11/2020OppenheimerReiterated RatingBuy$55.00Medium
8/7/2020Needham & Company LLCBoost Price TargetBuy$47.00 ➝ $50.00Medium
8/4/2020Royal Bank of CanadaBoost Price Target$29.00 ➝ $48.00Low
7/30/2020OppenheimerBoost Price TargetOutperform$35.00 ➝ $55.00Low
7/30/2020Robert W. BairdBoost Price TargetOutperform$30.00 ➝ $45.00High
7/28/2020Jefferies Financial GroupUpgradeHold ➝ Buy$27.00 ➝ $50.00Medium
7/22/2020Needham & Company LLCBoost Price TargetBuy$38.00 ➝ $47.00Low
7/17/2020William BlairInitiated CoverageOutperformHigh
7/10/2020JPMorgan Chase & Co.Boost Price TargetOverweight$30.00 ➝ $52.00High
7/6/2020Piper SandlerBoost Price TargetOverweight$29.00 ➝ $41.00High
6/24/2020The Goldman Sachs GroupBoost Price TargetAverage ➝ Neutral$27.00 ➝ $39.00Low
6/18/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$34.00Low
6/17/2020Needham & Company LLCBoost Price TargetPositive ➝ Buy$32.00 ➝ $38.00High
5/15/2020Wells Fargo & CompanyBoost Price TargetOverweight$27.50 ➝ $30.00Low
5/8/2020JMP SecuritiesBoost Price TargetMarket Outperform$25.00 ➝ $30.00High
5/8/2020Morgan StanleyBoost Price TargetUnderweight$22.00 ➝ $24.00Medium
5/8/2020Needham & Company LLCBoost Price TargetBuy$24.00 ➝ $32.00Low
5/8/2020Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $29.00High
5/8/2020Jefferies Financial GroupBoost Price TargetHold$20.00 ➝ $27.00High
5/8/2020Robert W. BairdReiterated RatingBuyMedium
5/8/2020OppenheimerInitiated CoverageBuy$31.00Medium
5/3/2020Royal Bank of CanadaReiterated RatingBuy$24.00Medium
4/24/2020SunTrust BanksDowngradeBuy ➝ Hold$24.00Low
4/14/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$22.00High
3/27/2020BTIG ResearchReiterated RatingNeutral$23.00High
3/25/2020Morgan StanleyBoost Price TargetEqual Weight$21.00 ➝ $22.00High
3/9/2020Wells Fargo & CompanyBoost Price TargetOverweight$22.50 ➝ $27.50Low
2/16/2020Evercore ISIReiterated RatingBuy$22.00Medium
2/14/2020Needham & Company LLCBoost Price TargetBuy$22.00 ➝ $24.00High
2/14/2020Jefferies Financial GroupBoost Price TargetHold$18.00 ➝ $20.00High
1/9/2020Robert W. BairdInitiated CoverageOutperform$22.00Medium
11/4/2019Piper Jaffray CompaniesInitiated CoverageOverweight$20.00High
10/8/2019BTIG ResearchInitiated CoverageBuy$20.00Medium
10/8/2019Needham & Company LLCInitiated CoverageBuy$22.00Medium
10/8/2019Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$18.00Medium
10/8/2019Royal Bank of CanadaInitiated CoverageOutperform$20.00Medium
10/8/2019Evercore ISIInitiated CoverageOutperform$22.00Medium
10/8/2019Jefferies Financial GroupInitiated CoverageHold$18.00Medium
10/8/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$20.00 ➝ $20.00Medium
10/8/2019Wells Fargo & CompanyInitiated CoverageOutperform$22.50Medium
10/8/2019JMP SecuritiesInitiated CoverageOutperform$22.00Medium
10/8/2019SunTrust BanksInitiated CoverageBuy$23.00Medium
10/8/2019OppenheimerInitiated CoverageOutperform$23.00Medium
(Data available from 6/24/2016 forward)
Cloudflare logo
CloudFlare, Inc. operates a cloud platform that delivers a range of network services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery, intelligent routing, and mobile software development kit, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, and always online solutions that enhances Internet experience and allows customers to run their digital operations efficiently. Further, the company provides Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to Cloudflare's network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it offers developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, and analytics; Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. It has a strategic agreement with Baidu, Inc. and JD Cloud & AI. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
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Today's Range

Now: $104.57
Low: $103.87
High: $109.98

50 Day Range

MA: $82.86
Low: $66.65
High: $104.57

52 Week Range

Now: $104.57
Low: $32.69
High: $109.98

Volume

5,210,139 shs

Average Volume

4,305,218 shs

Market Capitalization

$32.48 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.03

Frequently Asked Questions

What sell-side analysts currently cover shares of Cloudflare?

The following sell-side analysts have issued reports on Cloudflare in the last year: BTIG Research, Cowen Inc, FBN Securities, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, Oppenheimer Holdings Inc., Piper Sandler, Robert W. Baird, Royal Bank of Canada, The Goldman Sachs Group, Inc., Truist, Truist Financial Co., Truist Securities, Wells Fargo & Company, William Blair, and Zacks Investment Research.
View the latest analyst ratings for NET.

What is the current price target for Cloudflare?

16 Wall Street analysts have set twelve-month price targets for Cloudflare in the last year. Their average twelve-month price target is $83.06, suggesting a possible downside of 19.9%. Truist has the highest price target set, predicting NET will reach $110.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $41.00 for Cloudflare in the next year.
View the latest price targets for NET.

What is the current consensus analyst rating for Cloudflare?

Cloudflare currently has 3 hold ratings and 15 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NET will outperform the market and that investors should add to their positions of Cloudflare.
View the latest ratings for NET.

What other companies compete with Cloudflare?

How do I contact Cloudflare's investor relations team?

Cloudflare's physical mailing address is 101 Townsend Street, San Francisco CA, 94107. The company's listed phone number is 888-993-5273 and its investor relations email address is [email protected] The official website for Cloudflare is www.cloudflare.com.