• Consensus Rating: Hold
  • Consensus Price Target: $75.13
  • Forecasted Upside: 41.45%
  • Number of Analysts: 19
  • Breakdown:
  • 1 Sell Ratings
  • 9 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$53.11
▲ +3.59 (7.25%)

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 $75.13
▲ +41.45% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Cloudflare in the last 3 months. The average price target is $75.13, with a high forecast of $160.00 and a low forecast of $36.00. The average price target represents a 41.45% upside from the last price of $53.11.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 19 polled investment analysts is to hold stock in Cloudflare. This rating has held steady since August 2022, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 7 hold ratings
  • 0 sell ratings
8/6/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 7 hold ratings
  • 0 sell ratings
11/4/2021
  • 0 strong buy ratings
  • 13 buy ratings
  • 9 hold ratings
  • 0 sell ratings
2/2/2022
  • 0 strong buy ratings
  • 13 buy ratings
  • 10 hold ratings
  • 0 sell ratings
5/3/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 9 hold ratings
  • 0 sell ratings
8/1/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 9 hold ratings
  • 1 sell ratings
10/30/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 10 hold ratings
  • 1 sell ratings
12/29/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 9 hold ratings
  • 1 sell ratings
1/28/2023

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 9 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/24/2023Morgan StanleyLower TargetEqual Weight$52.00 ➝ $47.00Low
1/20/2023MizuhoLower TargetNeutral$60.00 ➝ $55.00Low
1/17/2023GuggenheimDowngradeNeutral ➝ Sell$36.00Low
1/17/2023Piper SandlerLower Target$58.00 ➝ $46.00Low
1/9/2023Truist FinancialLower Target$80.00 ➝ $57.00Low
11/28/2022JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$42.00Low
11/7/2022Morgan StanleyLower TargetEqual Weight$76.00 ➝ $52.00Low
11/4/2022MizuhoLower TargetNeutral$65.00 ➝ $60.00Low
11/4/2022JMP SecuritiesLower TargetMarket Outperform$150.00 ➝ $90.00Low
11/4/2022Royal Bank of CanadaLower TargetOutperform$74.00 ➝ $60.00Low
11/4/2022CowenLower Target$100.00 ➝ $75.00Low
11/4/2022KeyCorpLower TargetOverweight$98.00 ➝ $59.00Low
11/4/2022Credit Suisse GroupLower TargetOutperform$125.00 ➝ $95.00N/A
11/4/2022CowenLower Target$100.00 ➝ $75.00Low
11/4/2022Cantor FitzgeraldBoost Target$55.00 ➝ $65.00Low
11/4/2022Robert W. BairdLower Target$80.00 ➝ $67.00Low
11/2/2022MacquarieInitiated CoverageNeutral$60.00Low
10/25/2022Jefferies Financial GroupLower TargetHold$70.00 ➝ $60.00Low
10/20/2022CowenLower Target$100.00Low
10/19/2022Robert W. BairdReiterated RatingOutperform$80.00Low
10/17/2022MizuhoLower TargetNeutral$85.00 ➝ $65.00Low
10/17/2022Wells Fargo & CompanyUpgradeEqual Weight ➝ Overweight$62.00 ➝ $65.00Low
9/22/2022Moffett NathansonInitiated CoverageBuy$114.00Low
9/8/2022Cantor FitzgeraldInitiated CoverageNeutral$65.00Low
8/15/2022CitigroupBoost Target$62.00N/A
8/12/2022GuggenheimInitiated CoverageNeutral$82.00Low
8/9/2022Credit Suisse GroupLower Target$125.00Low
8/9/2022CitigroupBoost Target$62.00Low
8/5/2022MizuhoBoost TargetNeutral$76.00 ➝ $85.00Low
8/5/2022Royal Bank of CanadaBoost Target$62.00 ➝ $74.00Low
8/5/2022Piper SandlerBoost TargetNeutral$57.00 ➝ $73.00Low
7/19/2022MizuhoLower TargetNeutral$90.00 ➝ $76.00Low
7/18/2022Wells Fargo & CompanyLower TargetEqual Weight$60.00 ➝ $42.00Low
7/6/2022Piper SandlerLower TargetNeutral$83.00 ➝ $57.00N/A
6/28/2022Evercore ISILower TargetOutperform$110.00 ➝ $65.00Low
5/23/2022Jefferies Financial GroupLower Target$75.00 ➝ $55.00Low
5/16/2022Needham & Company LLCLower TargetNA$245.00 ➝ $100.00High
5/6/2022Truist FinancialLower Target$180.00 ➝ $140.00High
5/6/2022MizuhoLower Target$135.00 ➝ $90.00High
5/6/2022CitigroupLower Target$120.00 ➝ $95.00High
5/2/2022CowenLower Target$250.00 ➝ $200.00High
5/2/2022Royal Bank of CanadaLower Target$155.00 ➝ $120.00High
3/21/2022Stifel NicolausLower TargetHold$126.00 ➝ $120.00High
2/22/2022JMP SecuritiesInitiated CoverageBuy$220.00 ➝ $175.00Low
2/15/2022ArgusLower Target$230.00 ➝ $160.00High
2/14/2022Stifel EuropeBoost TargetHold$113.00 ➝ $128.00Low
2/11/2022CowenReiterated RatingBuy$250.00Low
2/11/2022Stifel NicolausBoost TargetHold$113.00 ➝ $128.00High
2/11/2022Wells Fargo & CompanyBoost TargetEqual Weight$95.00 ➝ $120.00High
2/11/2022Robert W. BairdLower TargetNeutral$210.00 ➝ $130.00High
2/11/2022Credit Suisse GroupBoost TargetOutperform$140.00 ➝ $150.00High
2/11/2022Morgan StanleyBoost TargetEqual Weight$91.00 ➝ $100.00High
2/11/2022MizuhoBoost TargetNeutral$120.00 ➝ $135.00High
2/11/2022KeyCorpBoost TargetOverweight$132.00 ➝ $150.00High
2/11/2022Piper SandlerBoost TargetNeutral$115.00 ➝ $125.00High
1/24/2022CitigroupInitiated CoverageNeutral$100.00High
1/21/2022Credit Suisse GroupUpgradeNeutral ➝ Outperform$205.00 ➝ $140.00High
1/20/2022Stifel NicolausInitiated CoverageHold$113.00High
1/18/2022KeyCorpInitiated CoverageOverweight$132.00Low
1/18/2022Truist FinancialLower Target$240.00 ➝ $200.00High
1/18/2022MizuhoLower Target$160.00 ➝ $120.00High
1/6/2022Piper SandlerLower TargetNeutral$226.00 ➝ $115.00Low
1/6/2022Jefferies Financial GroupLower TargetHold$210.00 ➝ $120.00Low
12/14/2021JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$212.00 ➝ $144.00High
12/9/2021DZ BankInitiated CoverageBuy$200.00High
11/16/2021Credit Suisse GroupInitiated CoverageNeutral$205.00High
11/7/2021Evercore ISIReiterated RatingBuyHigh
11/5/2021Needham & Company LLCBoost TargetBuy$140.00 ➝ $245.00Medium
11/5/2021CowenBoost TargetPositive ➝ Outperform$200.00 ➝ $250.00Low
11/5/2021MizuhoBoost TargetNeutral$140.00 ➝ $190.00High
11/5/2021Royal Bank of CanadaBoost TargetOutperform$130.00 ➝ $220.00High
11/5/2021Wells Fargo & CompanyBoost TargetEqual Weight$122.00 ➝ $210.00High
10/27/2021Jefferies Financial GroupDowngradeBuy ➝ Hold$135.00 ➝ $195.00Low
10/25/2021Truist FinancialBoost TargetBuy$130.00 ➝ $185.00High
10/19/2021CowenBoost TargetOutperform$135.00 ➝ $200.00High
10/18/2021MizuhoBoost TargetNeutral$105.00 ➝ $140.00High
10/11/2021Piper SandlerDowngradeOverweight ➝ Neutral$125.00 ➝ $141.00High
10/4/2021Wells Fargo & CompanyInitiated CoverageEqual Weight$122.00High
9/29/2021Needham & Company LLCInitiated CoverageBuy$140.00Low
9/24/2021OppenheimerDowngradeOutperform ➝ Market PerformMedium
8/10/2021ArgusBoost TargetBuy$125.00 ➝ $140.00High
8/9/2021JMP SecuritiesBoost TargetMarket Outperform$102.00 ➝ $129.00High
8/6/2021Truist FinancialBoost TargetBuy$110.00 ➝ $130.00N/A
8/6/2021Piper SandlerBoost TargetOverweight$94.00 ➝ $125.00High
8/6/2021CowenBoost TargetOutperform$124.00 ➝ $135.00High
8/6/2021Needham & Company LLCBoost TargetBuy$105.00 ➝ $140.00Medium
8/6/2021Royal Bank of CanadaBoost TargetOutperform$100.00 ➝ $130.00High
8/6/2021OppenheimerBoost TargetOutperform$100.00 ➝ $130.00High
8/6/2021MizuhoBoost TargetNeutral$96.00 ➝ $105.00High
8/6/2021Robert W. BairdDowngradeOutperform ➝ Neutral$95.00 ➝ $117.00High
8/5/2021William BlairReiterated RatingOutperformHigh
7/20/2021BTIG ResearchDowngradeBuy ➝ Neutral$111.97 ➝ $105.52High
7/13/2021ArgusInitiated CoverageBuy$125.00Medium
7/12/2021MizuhoBoost TargetNeutral$77.00 ➝ $96.00Medium
7/1/2021KGI SecuritiesInitiated CoverageOutperformMedium
5/26/2021CowenInitiated CoverageOutperform$100.00High
5/18/2021Jefferies Financial GroupLower TargetPositive ➝ Buy$100.00 ➝ $85.00Low
5/7/2021Morgan StanleyBoost TargetEqual Weight$88.00 ➝ $91.00High
4/19/2021MizuhoInitiated CoverageNeutral$77.00N/A
4/12/2021MizuhoInitiated CoverageNeutral$77.00High
3/24/2021Truist FinancialUpgradeHold ➝ Buy$75.00 ➝ $110.00High
3/23/2021Truist FinancialUpgradeHold ➝ BuyHigh
2/12/2021Jefferies Financial GroupBoost TargetBuy$95.00 ➝ $100.00Low
2/12/2021Royal Bank of CanadaBoost TargetBuy ➝ Outperform$85.00 ➝ $100.00Low
2/12/2021KeyCorpBoost TargetOverweight$87.00 ➝ $99.00Low
2/12/2021Needham & Company LLCBoost TargetBuy$75.00 ➝ $105.00Low
2/12/2021Morgan StanleyBoost TargetEqual Weight$81.00 ➝ $88.00Low
1/27/2021Truist FinancialBoost Target$30.00 ➝ $75.00High
1/19/2021Royal Bank of CanadaBoost TargetOutperform$70.00 ➝ $85.00Medium
12/9/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$83.00High
12/1/2020KeyCorpInitiated CoverageOverweight$87.00High
11/17/2020Morgan StanleyBoost TargetEqual Weight$42.00 ➝ $69.00High
11/6/2020Jefferies Financial GroupBoost TargetBuy$70.00 ➝ $80.00High
11/6/2020Wells Fargo & CompanyBoost TargetOverweight$50.00 ➝ $70.00Low
11/6/2020Needham & Company LLCBoost TargetBuy$69.00 ➝ $75.00High
11/6/2020BTIG ResearchUpgradeNeutral ➝ Buy$76.00High
11/2/2020OppenheimerBoost TargetOutperform$55.00 ➝ $65.00Low
11/2/2020Royal Bank of CanadaBoost TargetPositive ➝ Outperform$50.00 ➝ $55.00Low
10/19/2020Robert W. BairdBoost TargetOutperform$48.00 ➝ $62.00Low
10/13/2020Needham & Company LLCBoost TargetBuy$50.00 ➝ $69.00High
10/8/2020FBN SecuritiesInitiated CoverageOutperform$55.00High
8/14/2020Morgan StanleyBoost TargetEqual Weight$34.00 ➝ $42.00Low
8/11/2020OppenheimerReiterated RatingBuy$55.00Medium
8/7/2020Needham & Company LLCBoost TargetBuy$47.00 ➝ $50.00Medium
8/4/2020Royal Bank of CanadaBoost Target$29.00 ➝ $48.00Low
7/30/2020OppenheimerBoost TargetOutperform$35.00 ➝ $55.00Low
7/30/2020Robert W. BairdBoost TargetOutperform$30.00 ➝ $45.00High
7/28/2020Jefferies Financial GroupUpgradeHold ➝ Buy$27.00 ➝ $50.00Medium
7/22/2020Needham & Company LLCBoost TargetBuy$38.00 ➝ $47.00Low
7/17/2020William BlairInitiated CoverageOutperformHigh
7/10/2020JPMorgan Chase & Co.Boost TargetOverweight$30.00 ➝ $52.00High
7/6/2020Piper SandlerBoost TargetOverweight$29.00 ➝ $41.00High
6/24/2020The Goldman Sachs GroupBoost TargetAverage ➝ Neutral$27.00 ➝ $39.00Low
6/18/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$34.00Low
6/17/2020Needham & Company LLCBoost TargetPositive ➝ Buy$32.00 ➝ $38.00High
5/15/2020Wells Fargo & CompanyBoost TargetOverweight$27.50 ➝ $30.00Low
5/8/2020JMP SecuritiesBoost TargetMarket Outperform$25.00 ➝ $30.00High
5/8/2020Morgan StanleyBoost TargetUnderweight$22.00 ➝ $24.00Medium
5/8/2020Needham & Company LLCBoost TargetBuy$24.00 ➝ $32.00Low
5/8/2020Royal Bank of CanadaBoost TargetOutperform$24.00 ➝ $29.00High
5/8/2020Jefferies Financial GroupBoost 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 TargetEqual Weight$21.00 ➝ $22.00High
3/9/2020Wells Fargo & CompanyBoost TargetOverweight$22.50 ➝ $27.50Low
2/16/2020Evercore ISIReiterated RatingBuy$22.00Medium
2/14/2020Needham & Company LLCBoost TargetBuy$22.00 ➝ $24.00High
2/14/2020Jefferies Financial GroupBoost 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 1/28/2018 forward)

News Sentiment Rating

0.93 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 9 very positive mentions
  • 17 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
7/2/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 3 very negative mentions
8/1/2022
  • 12 very positive mentions
  • 28 positive mentions
  • 7 negative mentions
  • 1 very negative mentions
8/31/2022
  • 11 very positive mentions
  • 37 positive mentions
  • 5 negative mentions
  • 7 very negative mentions
9/30/2022
  • 5 very positive mentions
  • 16 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
10/30/2022
  • 11 very positive mentions
  • 13 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/29/2022
  • 8 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/29/2022
  • 15 very positive mentions
  • 6 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
1/28/2023

Current Sentiment

  • 15 very positive mentions
  • 6 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Cloudflare logo
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers 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 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 and intelligent routing, 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, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
Read More

Today's Range

Now: $53.11
Low: $48.81
High: $53.76

50 Day Range

MA: $45.66
Low: $38.91
High: $53.11

52 Week Range

Now: $53.11
Low: $37.37
High: $132.45

Volume

8,706,713 shs

Average Volume

4,062,435 shs

Market Capitalization

$17.45 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.03

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: Argus, Cantor Fitzgerald, Citigroup Inc., Cowen Inc, Cowen Inc., Credit Suisse Group AG, Evercore ISI, Guggenheim, Jefferies Financial Group Inc., JMP Securities, JPMorgan Chase & Co., KeyCorp, Macquarie, Mizuho, Moffett Nathanson, Morgan Stanley, Needham & Company LLC, Piper Sandler, Robert W. Baird, Royal Bank of Canada, Stifel Europe, Stifel Nicolaus, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for NET.

What is the current price target for Cloudflare?

24 Wall Street analysts have set twelve-month price targets for Cloudflare in the last year. Their average twelve-month price target is $75.13, suggesting a possible upside of 41.5%. Argus has the highest price target set, predicting NET will reach $160.00 in the next twelve months. Guggenheim has the lowest price target set, forecasting a price of $36.00 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 1 sell rating, 9 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NET, but not buy more shares or sell existing shares.
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. Learn More about contacing Cloudflare investor relations.