Cloudflare, Inc. (NYSE:NET) Receives $320.19 Average Price Target from Analysts

Cloudflare, Inc. (NYSE:NET) has received an average rating of “Moderate Buy” from the thirty-three brokerages that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $320.1852.

Several equities analysts have commented on NET shares. TD Cowen raised their target price on shares of Cloudflare from $300.00 to $355.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company upped their price target on shares of Cloudflare from $300.00 to $380.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. UBS Group increased their price objective on shares of Cloudflare from $250.00 to $350.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Citizens Jmp raised their price objective on shares of Cloudflare from $330.00 to $394.00 and gave the company a “market outperform” rating in a research note on Friday, August 7th. Finally, Truist Financial boosted their target price on Cloudflare from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, August 7th.

Cloudflare Trading Down 0.0%

NYSE:NET opened at $315.63 on Wednesday. Cloudflare has a 1 year low of $158.83 and a 1 year high of $332.22. The stock has a market cap of $111.57 billion, a price-to-earnings ratio of -544.19, a PEG ratio of 230.77 and a beta of 1.65. The business has a fifty day moving average of $261.98 and a 200-day moving average of $223.96. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.82 and a current ratio of 1.82.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%.The company had revenue of $696.06 million for the quarter, compared to analyst estimates of $664.66 million. During the same period last year, the company earned $0.21 earnings per share. The company’s quarterly revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Equities analysts predict that Cloudflare will post 0.03 earnings per share for the current year.

Insider Activity

In other news, CFO Thomas J. Seifert sold 55,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $300.30, for a total value of $16,516,500.00. Following the sale, the chief financial officer owned 113,790 shares of the company’s stock, valued at approximately $34,171,137. The trade was a 32.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 35,080 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $213.98, for a total value of $7,506,418.40. Following the completion of the sale, the insider owned 47,425 shares of the company’s stock, valued at approximately $10,148,001.50. This trade represents a 42.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 735,238 shares of company stock worth $181,313,151. 10.66% of the stock is owned by company insiders.

Institutional Investors Weigh In On Cloudflare

Hedge funds and other institutional investors have recently bought and sold shares of the business. HM Payson & Co. bought a new position in shares of Cloudflare during the 4th quarter valued at about $25,000. Wiser Advisor Group LLC bought a new stake in shares of Cloudflare in the 3rd quarter worth approximately $26,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Cloudflare in the 2nd quarter worth approximately $30,000. Wexford Capital LP acquired a new stake in Cloudflare during the third quarter valued at approximately $30,000. Finally, CX Institutional lifted its stake in Cloudflare by 49.4% during the second quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after purchasing an additional 44 shares during the last quarter. 82.68% of the stock is currently owned by institutional investors.

Cloudflare Company Profile

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.