Cloudflare, Inc. (NYSE:NET) Given Consensus Rating of “Moderate Buy” by Brokerages

Posted by Brian Himes on Aug 19th, 2026

Shares of Cloudflare, Inc. (NYSE:NET – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the thirty-three analysts that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, twenty-one have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $320.1852.

NET has been the topic of a number of analyst reports. Benchmark cut Cloudflare to an “underperform” rating in a research report on Tuesday, July 7th. Wells Fargo & Company raised their price objective on Cloudflare from $300.00 to $380.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Raymond James Financial started coverage on Cloudflare in a research note on Tuesday, July 7th. They set a “strong-buy” rating for the company. UBS Group boosted their target price on Cloudflare from $250.00 to $350.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Guggenheim increased their target price on Cloudflare from $140.00 to $160.00 and gave the stock a “sell” rating in a research note on Friday, August 7th.

Check Out Our Latest Analysis on NET

Cloudflare Trading Down 1.8%

Shares of NYSE NET opened at $301.48 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 $106.56 billion, a P/E ratio of -519.79, a price-to-earnings-growth ratio of 230.77 and a beta of 1.65. The firm has a 50-day moving average of $264.47 and a 200 day moving average of $225.49. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82.

Cloudflare (NYSE:NET – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The business had revenue of $696.06 million for the quarter, compared to analyst estimates of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. Cloudflare’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. As a group, sell-side analysts expect that Cloudflare will post 0.03 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Matthew Prince sold 52,422 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $249.09, for a total value of $13,057,795.98. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 55,000 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total transaction of $16,516,500.00. Following the sale, the chief financial officer owned 113,790 shares in the company, valued at approximately $34,171,137. The trade was a 32.58% 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. Over the last ninety days, insiders sold 682,854 shares of company stock valued at $170,618,958. Insiders own 10.66% of the company’s stock.

Institutional Trading of Cloudflare

A number of institutional investors and hedge funds have recently modified their holdings of the business. CX Institutional lifted its stake in Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock worth $33,000 after acquiring an additional 44 shares in the last quarter. Wealth Architects LLC boosted its holdings in Cloudflare by 4.6% during the 2nd quarter. Wealth Architects LLC now owns 1,022 shares of the company’s stock valued at $251,000 after acquiring an additional 45 shares during the period. Forum Financial Management LP grew its position in Cloudflare by 3.5% in the 2nd quarter. Forum Financial Management LP now owns 1,498 shares of the company’s stock valued at $367,000 after acquiring an additional 50 shares in the last quarter. Quadrant Private Wealth Management LLC grew its position in Cloudflare by 3.2% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,653 shares of the company’s stock valued at $341,000 after acquiring an additional 51 shares in the last quarter. Finally, Essential Partners LLC increased its stake in Cloudflare by 14.5% during the first quarter. Essential Partners LLC now owns 402 shares of the company’s stock worth $83,000 after purchasing an additional 51 shares during the period. Institutional investors own 82.68% of the company’s stock.

About Cloudflare

(Get Free Report)

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.