Cloudflare (NET) Stock Forecast & Price Target

$241.82 +13.71 (+6.01%)

Closing price 05/29/2026 03:59 PM Eastern

Extended Trading

$241.78 -0.04 (-0.02%)

As of 05/29/2026 07:59 PM Eastern

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Cloudflare - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 28 Analyst Ratings

Sell
3

Hold
7

Buy
18

Based on 28 Wall Street analysts who have issued ratings for Cloudflare in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 28 analysts, 3 have given a sell rating, 7 have given a hold rating, and 18 have given a buy rating for NET.

Consensus Price Target

$236.68
-2.12% Downside

According to the 28 analysts' twelve-month price targets for Cloudflare, the average price target is $236.68. The highest price target for NET is $300.00, while the lowest price target for NET is $140.00. The average price target represents a forecasted downside of -2.12% from the current price of $241.82.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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NET Analyst Ratings Over Time

Type	Current Forecast 5/30/25 to 5/30/26	1 Month Ago 4/30/25 to 4/30/26	3 Months Ago 3/1/25 to 3/1/26	1 Year Ago 5/30/24 to 5/30/25
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	18 Buy rating(s)	19 Buy rating(s)	19 Buy rating(s)	13 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	9 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$236.68	$232.62	$230.70	$141.79
Forecasted Upside	-2.12% Downside	13.32% Upside	34.29% Upside	-14.69% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

NET Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NET Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cloudflare Stock vs. The Competition

Type	Cloudflare	Computer and Technology Companies	Broader Market
Consensus Rating Score	2.54	2.29	2.52
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-2.12% Downside	167.19% Upside	14.83% Upside
News Sentiment Rating	Positive News See Recent NET News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
5/22/2026	Royal Bank Of Canada 3 of 5 stars		Reiterated Rating	Outperform
5/11/2026	Susquehanna 5 of 5 stars	Aaron Samuels Not Rated	Boost Target	Neutral	$190.00 ➝ $200.00	+1.75%
5/8/2026	Stifel Nicolaus 4 of 5 stars		Set Target		$260.00	+28.66%
5/8/2026	Piper Sandler Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	James Fish Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$222.00 ➝ $250.00	-2.74%
5/8/2026	BTIG Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gray Powell Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$243.00	-5.47%
4/20/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Sell (D-)
4/15/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Overweight ➝ Hold
4/15/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Sell
4/15/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Hold ➝ Buy
4/15/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Buy
Get the Latest News and Ratings for NET and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cloudflare and its competitors with MarketBeat's FREE daily newsletter.
4/14/2026	Mizuho Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gregg Moskowitz Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Outperform	$255.00 ➝ $235.00	+27.78%
3/13/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong Sell ➝ Hold
2/13/2026	DZ Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Buy	$215.00	+15.92%
2/11/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$245.00	+23.82%
2/11/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Roger Boyd Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$220.00	+21.92%
2/11/2026	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$140.00	-22.41%
2/11/2026	Guggenheim Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John DiFucci Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sell	$117.00 ➝ $140.00	-22.41%
2/11/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Shrenik Kothari Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Neutral ➝ Outperform	$260.00	+44.09%
2/11/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ryan MacWilliams Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$265.00 ➝ $270.00	+37.74%
2/11/2026	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Saket Kalia Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$235.00 ➝ $250.00	+38.55%
2/11/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Patrick Colville Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Sector Perform	$255.00 ➝ $225.00	+24.70%
2/11/2026	Cantor Fitzgerald Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Thomas Blakey Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Neutral	$224.00	+24.14%
2/11/2026	Needham & Company LLC Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mike Cikos Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$285.00 ➝ $250.00	+38.55%
1/27/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Buy
1/26/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Peer Perform
1/20/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$225.00	+25.65%
11/10/2025	Oppenheimer Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Param Singh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Outperform	$260.00	+8.45%
11/10/2025	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Joseph Bonner Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$238.00 ➝ $265.00	+13.72%
10/31/2025	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Trevor Walsh Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$270.00	+21.36%
8/1/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Madeline Brooks Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$235.00 ➝ $240.00	+15.62%
5/12/2025	CICC Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform	$154.00	+8.20%
5/8/2025	Capital One Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Connor Murphy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
2/7/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Mark Murphy Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$110.00 ➝ $115.00	-31.09%
10/8/2024	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Stefan Slowinski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Initiated Coverage	Underperform	$65.00	-19.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:29 PM ET.

Should I Buy Cloudflare Stock? NET Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 27, 2026. Please send any questions or comments about these Cloudflare pros and cons to contact@marketbeat.com.

Cloudflare
Bull Case

Here are some ways that investors could benefit from investing in Cloudflare, Inc.:

The current stock price is around $201, which may present a buying opportunity for investors looking to enter at a lower price point.
Cloudflare, Inc. has shown strong revenue growth, with a year-over-year increase of over 33%, indicating robust demand for its services.
The company has received multiple upgrades from analysts, with a consensus price target of approximately $236.68, suggesting potential for price appreciation.
Cloudflare, Inc. has a solid financial position, reflected in its current and quick ratios of 1.96, indicating good short-term liquidity to cover its obligations.
Insider activity shows confidence in the company, with significant share sales by executives, which can indicate a strong belief in the company's future performance.

Cloudflare
Bear Case

Investors should be bearish about investing in Cloudflare, Inc. for these reasons:

The company has a negative price-to-earnings (P/E) ratio, which suggests that it is not currently profitable, raising concerns about its financial health.
Insiders have sold a substantial number of shares recently, totaling over 655,000 shares, which could signal a lack of confidence in the stock's future performance.
Cloudflare, Inc. has a debt-to-equity ratio of 1.29, indicating that it relies on debt financing, which can be risky if market conditions change.
The stock has experienced volatility, with a beta of 1.67, meaning it is more volatile than the market, which could lead to higher risk for investors.
Despite strong revenue growth, the company has a negative net margin, suggesting that it is not effectively converting revenue into profit.

NET Forecast - Frequently Asked Questions

According to the research reports of 28 Wall Street equities research analysts, the average twelve-month stock price forecast for Cloudflare is $236.68, with a high forecast of $300.00 and a low forecast of $140.00.

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cloudflare in the last year. There are currently 3 sell ratings, 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NET shares.

According to analysts, Cloudflare's stock has a predicted downside of -2.12% based on their 12-month stock forecasts.

Over the previous 90 days, Cloudflare's stock had 2 upgrades and 2 downgrades by analysts.

Cloudflare has been rated by research analysts at BTIG Research, Citigroup, Jefferies Financial Group, KeyCorp, Mizuho, Piper Sandler, Royal Bank Of Canada, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, Weiss Ratings, and Zacks Research in the past 90 days.

Analysts like Cloudflare more than other "computer and technology" companies. The consensus rating for Cloudflare is Moderate Buy while the average consensus rating for "computer and technology" companies is Hold. Learn more on how NET compares to other companies.

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This page (NYSE:NET) was last updated on 5/30/2026 by MarketBeat.com Staff.

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Cloudflare (NET) Stock Forecast & Price Target