Cloudflare (NET) Stock Forecast & Price Target

Q: What analysts cover Cloudflare?

Cloudflare has been rated by research analysts at Barclays , Benchmark , BTIG Research , Cantor Fitzgerald , Citigroup , Citizens Jmp , Deutsche Bank Aktiengesellschaft , Guggenheim , Jefferies Financial Group , KeyCorp , Mizuho , Morgan Stanley , Needham & Company LLC , New Street Research , Oppenheimer , Piper Sandler , Raymond James Financial , Royal Bank Of Canada , Sanford C. Bernstein , Scotiabank , Stifel Nicolaus , Susquehanna , TD Cowen , Truist Financial , UBS Group , Weiss Ratings , Wells Fargo & Company , and Zacks Research in the past 90 days.

$279.18 -4.21 (-1.49%)

Closing price 03:59 PM Eastern

Extended Trading

$276.50 -2.68 (-0.96%)

As of 07:56 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 34 Analyst Ratings

Sell
4

Hold
6

Buy
24

Based on 34 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 34 analysts, 4 have given a sell rating, 6 have given a hold rating, 22 have given a buy rating, and 2 have given a strong buy rating for NET.

Consensus Price Target

$261.19
-6.44% Downside

According to the 34 analysts' twelve-month price targets for Cloudflare, the average price target is $261.19. The highest price target for NET is $330.00, while the lowest price target for NET is $136.00. The average price target represents a forecasted downside of -6.44% from the current price of $279.18.

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 7/31/25 to 7/31/26	1 Month Ago 7/1/25 to 7/1/26	3 Months Ago 5/2/25 to 5/2/26	1 Year Ago 7/31/24 to 7/31/25
Strong Buy	2 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	22 Buy rating(s)	21 Buy rating(s)	19 Buy rating(s)	15 Buy rating(s)
Hold	6 Hold rating(s)	7 Hold rating(s)	7 Hold rating(s)	8 Hold rating(s)
Sell	4 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$261.19	$241.35	$232.62	$161.72
Forecasted Upside	-6.44% Downside	-2.06% Downside	6.79% Upside	-22.09% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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	2.65	2.29	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	-8.04% Downside	235.18% Upside	13.24% 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
7/23/2026	Oppenheimer 3 of 5 stars	Param Singh 3 of 5 stars	Boost Target	Outperform	$300.00 ➝ $330.00	+24.02%
7/21/2026	Truist Financial 3 of 5 stars	Joel Fishbein 1 of 5 stars	Boost Target	Buy	$250.00 ➝ $300.00	+9.95%
7/20/2026	Citigroup 4 of 5 stars		Reiterated Rating	Market Outperform
7/20/2026	Zacks Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Hold ➝ Strong-Buy
7/20/2026	Citizens Jmp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Patrick Walravens Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Market Outperform	$270.00 ➝ $330.00	+18.28%
7/20/2026	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	$270.00 ➝ $300.00	+7.98%
7/17/2026	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Sell (D-)
7/17/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Keith Weiss Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Overweight	$305.00 ➝ $322.00	+15.12%
7/16/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Hedberg Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Outperform	$290.00	+7.18%
7/15/2026	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	Boost Target	Outperform	$260.00 ➝ $310.00	+10.04%
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7/13/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Shaul Eyal Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$265.00 ➝ $300.00	+11.75%
7/13/2026	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	$250.00 ➝ $300.00	+11.75%
7/10/2026	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	Boost Target	Buy	$269.00 ➝ $314.00	+13.75%
7/7/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
7/7/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Buy
7/7/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Initiated Coverage	Strong-Buy
7/7/2026	Benchmark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Underperform
7/7/2026	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	Upgrade	Sector Perform ➝ Sector Outperform	$225.00 ➝ $300.00	+21.23%
6/15/2026	New Street Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Outperform
6/10/2026	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Market Perform	$136.00	-39.35%
6/10/2026	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
6/10/2026	KeyCorp Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Overweight
6/10/2026	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	Boost Target	Neutral	$220.00 ➝ $250.00	+9.29%
6/10/2026	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 ➝ $230.00	-2.49%
6/10/2026	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	Reiterated Rating	Sell	$140.00	-40.65%
6/10/2026	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	Boost Target	Buy	$250.00 ➝ $280.00	+18.71%
5/11/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Aaron Samuels Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Neutral	$190.00 ➝ $200.00	+1.75%
5/8/2026	Stifel Nicolaus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$260.00	+28.66%
4/15/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Sell
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	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%
1/26/2026	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Peer Perform
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%
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 Friday at 08:13 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 Thursday, July 30, 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 company has shown impressive revenue growth, with a quarterly revenue increase of over 33% compared to the same period last year, indicating strong demand for its services.
Cloudflare, Inc. has a solid market capitalization of approximately $93.69 billion, reflecting its significant presence and stability in the web infrastructure and security sector.
The current stock price is around $246, which is below its one-year high of $291, suggesting potential for price appreciation as the company continues to grow.
Analysts have a consensus rating of "Moderate Buy" for Cloudflare, Inc., with a target price of approximately $258.59, indicating positive sentiment among market experts.
The company has set ambitious earnings guidance for FY 2026, projecting earnings per share between $1.190 and $1.200, which could attract investors looking for growth opportunities.

Cloudflare
Bear Case

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

Cloudflare, Inc. has a negative return on equity of 5.65%, which may raise concerns about its profitability and efficiency in generating returns for shareholders.
The company has a high price-to-earnings ratio of -1,060.23, indicating that it may be overvalued relative to its earnings, which could deter value-focused investors.
Insider selling has been significant, with over 554,000 shares sold recently, which might signal a lack of confidence from those closest to the company.
The debt-to-equity ratio of 1.29 suggests that the company is using a considerable amount of debt to finance its operations, which could pose risks in a rising interest rate environment.
Despite strong revenue growth, the company reported a negative net margin of 3.72%, indicating that it is currently not profitable, which could be a red flag for potential investors.

NET Forecast - Frequently Asked Questions

According to the research reports of 34 Wall Street equities research analysts, the average twelve-month stock price forecast for Cloudflare is $261.19, with a high forecast of $330.00 and a low forecast of $136.00.

34 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cloudflare in the last twelve months. There are currently 4 sell ratings, 6 hold ratings, 22 buy ratings and 2 strong 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 -6.44% based on their 12-month stock forecasts.

Over the previous 90 days, Cloudflare's stock had 4 upgrades and 2 downgrades by analysts.

Cloudflare has been rated by research analysts at Barclays, Benchmark, BTIG Research, Cantor Fitzgerald, Citigroup, Citizens Jmp, Deutsche Bank Aktiengesellschaft, Guggenheim, Jefferies Financial Group, KeyCorp, Mizuho, Morgan Stanley, Needham & Company LLC, New Street Research, Oppenheimer, Piper Sandler, Raymond James Financial, Royal Bank Of Canada, Sanford C. Bernstein, Scotiabank, Stifel Nicolaus, Susquehanna, TD Cowen, Truist Financial, UBS Group, Weiss Ratings, Wells Fargo & Company, and Zacks Research in the past 90 days.

Analysts like Cloudflare more than other "technology" companies. The consensus rating for Cloudflare is Moderate Buy while the average consensus rating for "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 7/31/2026 by MarketBeat.com Staff.

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Cloudflare (NET) Stock Forecast & Price Target