Cloudflare, Inc. (NYSE:NET) Stock Has Consensus Target Price of $330.59

Posted by Francis Steltz on Nov 2nd, 2026

Shares of Cloudflare, Inc. (NYSE:NET – Get Free Report) have received a consensus rating of “Moderate Buy” from the thirty-two ratings firms that are covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, twenty have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $333.70.

Several brokerages have recently issued reports on NET. Oppenheimer lifted their target price on Cloudflare from $380.00 to $430.00 and gave the stock an “outperform” rating in a report on Friday, October 9th. Mizuho increased their price target on Cloudflare from $260.00 to $310.00 and gave the company an “outperform” rating in a research note on Wednesday, July 15th. KeyCorp raised their price target on Cloudflare from $300.00 to $375.00 and gave the company an “overweight” rating in a report on Friday, August 7th. BTIG Research lifted their price objective on Cloudflare from $382.00 to $413.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Finally, DZ Bank downgraded shares of Cloudflare from a “strong-buy” rating to a “strong sell” rating in a report on Friday, August 7th.

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Cloudflare Price Performance

NET opened at $279.86 on Monday. The stock has a 50-day moving average price of $320.77 and a 200-day moving average price of $247.79. Cloudflare has a 1 year low of $158.83 and a 1 year high of $370.35. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The firm has a market cap of $98.92 billion, a PE ratio of -482.52, a P/E/G ratio of 223.25 and a beta of 1.38.

Cloudflare (NYSE:NET – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.02. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%. The firm had revenue of $696.06 million for the quarter, compared to analysts’ expectations of $664.66 million. During the same period in the prior year, the firm earned $0.21 EPS. The company’s revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Sell-side analysts predict that Cloudflare will post 0.03 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Matthew Prince sold 33,631 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $296.10, for a total transaction of $9,958,139.10. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 33,003 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $294.63, for a total transaction of $9,723,673.89. Following the completion of the sale, the insider directly owned 69,775 shares in the company, valued at approximately $20,557,808.25. This represents a 32.11% 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. In the last 90 days, insiders have sold 423,823 shares of company stock valued at $128,555,938. 10.66% of the stock is currently owned by insiders.

Institutional Trading of Cloudflare

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC grew its position in Cloudflare by 33.2% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 9,059 shares of the company’s stock worth $2,951,000 after purchasing an additional 2,257 shares during the last quarter. Ascent Group LLC increased its holdings in shares of Cloudflare by 4.3% in the third quarter. Ascent Group LLC now owns 2,617 shares of the company’s stock valued at $909,000 after purchasing an additional 107 shares during the period. Compass Financial Management LLC raised its position in Cloudflare by 624.0% during the 3rd quarter. Compass Financial Management LLC now owns 181 shares of the company’s stock worth $63,000 after buying an additional 156 shares during the last quarter. Focused Wealth Management Inc boosted its holdings in shares of Cloudflare by 7.9% in the 3rd quarter. Focused Wealth Management Inc now owns 1,537 shares of the company’s stock valued at $534,000 after acquiring an additional 113 shares during the last quarter. Finally, Rakuten Investment Management Inc. boosted its holdings in shares of Cloudflare by 14.2% in the 3rd quarter. Rakuten Investment Management Inc. now owns 20,392 shares of the company’s stock valued at $7,183,000 after acquiring an additional 2,540 shares during the last quarter. Institutional investors own 82.68% of the company’s stock.

Cloudflare Company Profile

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Cloudflare, Inc (NYSE: NET) provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

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