Weekly Investment Analysts’ Ratings Changes for Cloudflare (NET)

Cloudflare (NYSE: NET) recently received a number of ratings updates from brokerages and research firms:

• 9/6/2026 – Cloudflare was downgraded by Wall Street Zen from “buy” to “hold”.
• 8/31/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citigroup Inc..
• 8/31/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $394.00 price target on the stock.
• 8/29/2026 – Cloudflare was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/14/2026 – Cloudflare was downgraded by Zacks Research from “strong-buy” to “hold”.
• 8/10/2026 – Cloudflare had its price target raised by Citigroup Inc. from $265.00 to $400.00. They now have a “buy” rating on the stock.
• 8/10/2026 – Cloudflare had its price target raised by Susquehanna from $200.00 to $300.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Scotiabank from $300.00 to $390.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $370.00 price target on the stock.
• 8/7/2026 – Cloudflare was given a new $330.00 price target by Robert W. Baird.
• 8/7/2026 – Cloudflare had its price target raised by Guggenheim from $140.00 to $160.00. They now have a “sell” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by UBS Group AG from $250.00 to $350.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Wells Fargo & Company from $300.00 to $380.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $389.00 price target on the stock.
• 8/7/2026 – Cloudflare had its price target raised by KeyCorp from $300.00 to $375.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare was given a new $350.00 price target by Jefferies Financial Group Inc..
• 8/7/2026 – Cloudflare had its price target raised by TD Cowen from $300.00 to $355.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Barclays PLC from $300.00 to $355.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare was downgraded by DZ Bank AG from “strong-buy” to “strong sell”.
• 8/7/2026 – Cloudflare had its price target raised by Royal Bank Of Canada from $290.00 to $346.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Piper Sandler from $250.00 to $333.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Citizens Jmp from $330.00 to $394.00. They now have a “market outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Oppenheimer Holdings, Inc. from $330.00 to $380.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Needham & Company LLC from $280.00 to $380.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Truist Financial Corporation from $300.00 to $350.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by BTIG Research from $314.00 to $382.00. They now have a “buy” rating on the stock.
• 8/4/2026 – Cloudflare had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $290.00 price target on the stock.
• 8/3/2026 – Cloudflare had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $250.00 price target on the stock.
• 7/23/2026 – Cloudflare had its price target raised by Oppenheimer Holdings, Inc. from $300.00 to $330.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – Cloudflare had its price target raised by Truist Financial Corporation from $250.00 to $300.00. They now have a “buy” rating on the stock.
• 7/20/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citigroup Inc..
• 7/20/2026 – Cloudflare was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/20/2026 – Cloudflare had its price target raised by Citizens Jmp from $270.00 to $330.00. They now have a “market outperform” rating on the stock.
• 7/20/2026 – Cloudflare had its price target raised by Wells Fargo & Company from $270.00 to $300.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – Cloudflare had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 7/17/2026 – Cloudflare had its price target raised by Morgan Stanley from $305.00 to $322.00. They now have an “overweight” rating on the stock.
• 7/16/2026 – Cloudflare had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $290.00 price target on the stock.

Insider Buying and Selling

In other news, insider Alissa Michelle Starzak sold 2,538 shares of Cloudflare stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $304.68, for a total transaction of $773,277.84. Following the completion of the sale, the insider directly owned 112,082 shares in the company, valued at $34,149,143.76. The trade was a 2.21% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 33,003 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $277.43, for a total transaction of $9,156,022.29. Following the completion of the sale, the insider directly owned 69,775 shares of the company’s stock, valued at $19,357,678.25. This represents a 32.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 703,724 shares of company stock worth $186,167,272. Insiders own 10.66% of the company’s stock.

Cloudflare, Inc is a technology company that provides cloud-based connectivity, security and performance services for websites, applications, networks and other internet-connected resources. Its platform is designed to help organizations deliver digital content more quickly, protect against cyber threats and manage internet traffic across a global network.

The company’s offerings include content delivery and domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.