Cloudflare Inc
NYSE:NET

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Cloudflare Inc
NYSE:NET
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Price: 112.69 USD 3.79% Market Closed
Market Cap: 38.7B USD
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Wall Street
Price Targets

NET Price Targets Summary
Cloudflare Inc

Wall Street analysts forecast NET stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NET is 95.65 USD with a low forecast of 57.57 USD and a high forecast of 126 USD.

Lowest
Price Target
57.57 USD
49% Downside
Average
Price Target
95.65 USD
15% Downside
Highest
Price Target
126 USD
12% Upside

NET Last Price Targets
Cloudflare Inc

The latest public price target was made on Nov 8, 2024 by James Fish from Piper Sandler , who expects NET stock to drop by 18% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
James Fish
Piper Sandler
92 USD
Downside 18%
1 month ago
Nov 8, 2024
Cloudflare Inc. (NET) PT Raised to $92 at Piper Sandler
StreetInsider
Yi Fu Lee
Cantor Fitzgerald
85 USD
Downside 25%
4 months ago
Aug 2, 2024
Cloudflare price target raised to $85 from $80 at Cantor Fitzgerald
TheFly
Shrenik Kothari
Robert W. Baird
100 USD
Downside 11%
4 months ago
Aug 2, 2024
Cloudflare price target raised to $100 from $94 at Baird
TheFly
James Fish
Piper Sandler
82 USD
Downside 27%
5 months ago
Jul 15, 2024
Cloudflare price target raised to $82 from $81 at Piper Sandler
TheFly
Roger Boyd
UBS
82 USD
Downside 27%
5 months ago
Jun 25, 2024
Cloudflare upgraded to Neutral from Sell at UBS
TheFly
Hamza Fodderwala
Morgan Stanley
92 USD
Downside 18%
6 months ago
Jun 17, 2024
Cloudflare's Apple deal brings AI opportunity into focus, says Morgan Stanley
TheFly
Gabriela Borges
Goldman Sachs
68 USD
Downside 40%
6 months ago
Jun 3, 2024
Goldman Sachs Reiterates Sell Rating on Cloudflare Inc. (NET)
StreetInsider
Matt Hedberg
RBC Capital
90 USD
Downside 20%
6 months ago
May 31, 2024
Cloudflare Inc. (NET) PT Lowered to $90 at RBC Capital
StreetInsider
Adam Borg
Stifel Nicolaus
80 USD
Downside 29%
6 months ago
May 30, 2024
Cloudflare Inc. (NET) PT Lowered to $80 at Stifel
StreetInsider
Gregg Moskowitz
Mizuho Securities
88 USD
Downside 22%
7 months ago
May 3, 2024
Cloudflare Inc. (NET) PT Lowered to $88 at Mizuho
StreetInsider
Yi Fu Lee
Cantor Fitzgerald
80 USD
Downside 29%
7 months ago
May 3, 2024
Cloudflare Inc. (NET) PT Lowered to $80 at Cantor Fitzgerald
StreetInsider
Shaul Eyal
Oppenheimer
110 USD
Downside 2%
7 months ago
May 3, 2024
Cloudflare Inc. (NET) PT Lowered to $110 at Oppenheimer
StreetInsider
Roger Boyd
UBS
76 USD
Downside 33%
7 months ago
May 3, 2024
Cloudflare Inc. (NET) PT Lowered to $76 at UBS
StreetInsider
Thomas Blakey
KeyBanc
94 USD
Downside 17%
7 months ago
May 3, 2024
Cloudflare Inc. (NET) PT Lowered to $94 at KeyBanc
StreetInsider
James Fish
Piper Sandler
81 USD
Downside 28%
7 months ago
May 3, 2024
Cloudflare price target lowered to $81 from $110 at Piper Sandler
TheFly
Gregg Moskowitz
Mizuho Securities
95 USD
Downside 16%
8 months ago
Apr 15, 2024
Cloudflare Inc. (NET) PT Lowered to $95 at Mizuho
StreetInsider
John DiFucci
Guggenheim
50 USD
Downside 56%
1 year ago
Aug 16, 2023
Will Cloudflare See Sunny Skies On Continued Revenue Growth?
Benzinga
Michael Romanelli
Mizuho Securities
70 USD
Downside 38%
1 year ago
Aug 4, 2023
Cloudflare's Newer Innovations & GenAI Capabilities Under Limelight Amid Stabilizing Macro Conditions: Analyst
Benzinga
Matthew Hedberg
RBC Capital
71 USD
Downside 37%
1 year ago
Jul 31, 2023
There's Long-Term Potential in Cloudflare Despite Near-Term Macroeconomic Fluctuations, Analyst Says
Benzinga
Trevor Walsh
JMP Securities
90 USD
Downside 20%
1 year ago
Feb 10, 2023
4 Cloudflare Analysts On Q4 Earnings Beat: Discipline In Spending, Potential Disruption, 'Record Deals'
Benzinga
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James Fish
Piper Sandler
Price Target 92 USD
Upside/Downside 18%
View Source
Yi Fu Lee
Cantor Fitzgerald
Price Target 85 USD
Upside/Downside 25%
View Source
Shrenik Kothari
Robert W. Baird
Price Target 100 USD
Upside/Downside 11%
View Source
James Fish
Piper Sandler
Price Target 82 USD
Upside/Downside 27%
View Source
Roger Boyd
UBS
Price Target 82 USD
Upside/Downside 27%
View Source
Hamza Fodderwala
Morgan Stanley
Price Target 92 USD
Upside/Downside 18%
View Source
Gabriela Borges
Goldman Sachs
Price Target 68 USD
Upside/Downside 40%
View Source
Matt Hedberg
RBC Capital
Price Target 90 USD
Upside/Downside 20%
View Source
Adam Borg
Stifel Nicolaus
Price Target 80 USD
Upside/Downside 29%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 88 USD
Upside/Downside 22%
View Source
Yi Fu Lee
Cantor Fitzgerald
Price Target 80 USD
Upside/Downside 29%
View Source
Shaul Eyal
Oppenheimer
Price Target 110 USD
Upside/Downside 2%
View Source
Roger Boyd
UBS
Price Target 76 USD
Upside/Downside 33%
View Source
Thomas Blakey
KeyBanc
Price Target 94 USD
Upside/Downside 17%
View Source
James Fish
Piper Sandler
Price Target 81 USD
Upside/Downside 28%
View Source
Gregg Moskowitz
Mizuho Securities
Price Target 95 USD
Upside/Downside 16%
View Source
John DiFucci
Guggenheim
Price Target 50 USD
Upside/Downside 56%
View Source
Michael Romanelli
Mizuho Securities
Price Target 70 USD
Upside/Downside 38%
View Source
Matthew Hedberg
RBC Capital
Price Target 71 USD
Upside/Downside 37%
View Source
Trevor Walsh
JMP Securities
Price Target 90 USD
Upside/Downside 20%
View Source
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Cloudflare Inc Competitors:
Price Targets
DOCN
DigitalOcean Holdings Inc
16% Upside
LWSA3
Locaweb Servicos De Internet SA
90% Upside
BLZE
Backblaze Inc
112% Upside
KC
Kingsoft Cloud Holdings Ltd
36% Downside
CORZ
Core Scientific Inc
40% Upside
1686
Sunevision Holdings Ltd
22% Upside
CXDO
Crexendo Inc
41% Upside
BKS
Beeks Financial Cloud Group PLC
24% Upside

Revenue
Forecast

Revenue Estimate
Cloudflare Inc

For the last 6 years the compound annual growth rate for Cloudflare Inc's revenue is 46%. The projected CAGR for the next 4 years is 28%.

46%
Past Growth
28%
Estimated Growth
Estimates Accuracy
0%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Cloudflare Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Cloudflare Inc

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is NET's stock price target?
Price Target
95.65 USD

According to Wall Street analysts, the average 1-year price target for NET is 95.65 USD with a low forecast of 57.57 USD and a high forecast of 126 USD.

What is Cloudflare Inc's Revenue forecast?
Projected CAGR
28%

For the last 6 years the compound annual growth rate for Cloudflare Inc's revenue is 46%. The projected CAGR for the next 4 years is 28%.

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