Cloudflare (NYSE:NET) Stock Price Target Lowered at Cantor Fitzgerald

Posted by Brenda Bartman on Nov 6th, 2026

Cloudflare (NYSE:NET – Get Free Report) had its target price lowered by equities researchers at Cantor Fitzgerald from $340.00 to $310.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Cantor Fitzgerald‘s price target indicates a potential upside of 27.16% from the stock’s previous close.

A number of other brokerages have also recently weighed in on NET. Sanford C. Bernstein lifted their price target on shares of Cloudflare from $181.00 to $245.00 and gave the company a “market perform” rating in a research report on Thursday, October 29th. Susquehanna upped their price objective on shares of Cloudflare from $200.00 to $300.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Jefferies Financial Group set a $315.00 price objective on shares of Cloudflare and gave the stock a “hold” rating in a research report on Friday. Barclays lifted their target price on shares of Cloudflare from $355.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Finally, Truist Financial boosted their target price on Cloudflare from $300.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Twenty-five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $333.61.

Check Out Our Latest Stock Report on Cloudflare

Cloudflare Stock Performance

NYSE NET opened at $243.79 on Friday. The stock has a fifty day simple moving average of $319.02 and a 200-day simple moving average of $249.31. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.22. The stock has a market cap of $86.17 billion, a PE ratio of -420.32, a P/E/G ratio of 206.44 and a beta of 1.37. Cloudflare has a twelve month low of $158.83 and a twelve month high of $370.35.

Cloudflare (NYSE:NET – Get Free Report) last issued its quarterly earnings data on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.04. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm had revenue of $782.51 million for the quarter, compared to analyst estimates of $737.16 million. During the same period in the previous year, the firm earned $0.27 EPS. Cloudflare’s revenue was up 39.2% on a year-over-year basis. Equities analysts anticipate that Cloudflare will post 0.03 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Michelle Zatlyn sold 33,003 shares of the stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $348.29, for a total transaction of $11,494,614.87. Following the sale, the insider owned 69,775 shares of the company’s stock, valued at approximately $24,301,934.75. This represents a 32.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, October 19th. The shares were sold at an average price of $299.59, for a total transaction of $3,744,875.00. Following the completion of the transaction, the chief financial officer directly owned 104,958 shares of the company’s stock, valued at approximately $31,444,367.22. The trade was a 10.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 259,057 shares of company stock worth $79,516,905 over the last three months. Company insiders own 10.66% of the company’s stock.

Hedge Funds Weigh In On Cloudflare

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NET. Jennison Associates LLC raised its stake in shares of Cloudflare by 135.8% in the first quarter. Jennison Associates LLC now owns 4,394,484 shares of the company’s stock valued at $906,758,000 after acquiring an additional 2,530,872 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in Cloudflare during the 2nd quarter worth $75,595,000. Janus Henderson Group PLC increased its holdings in Cloudflare by 583.1% during the 1st quarter. Janus Henderson Group PLC now owns 241,367 shares of the company’s stock worth $49,805,000 after purchasing an additional 206,032 shares during the period. Styrax Capital LP purchased a new stake in Cloudflare during the 1st quarter worth about $41,268,000. Finally, Corient Private Wealth LP increased its holdings in Cloudflare by 837.5% during the 2nd quarter. Corient Private Wealth LP now owns 208,103 shares of the company’s stock worth $51,044,000 after purchasing an additional 185,906 shares during the period. Hedge funds and other institutional investors own 82.68% of the company’s stock.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

Positive Sentiment: Q3 revenue increased 39.2% year over year to $782.5 million, above forecasts, while non-GAAP EPS of $0.38 also beat estimates. The company called it a record quarter, with annualized revenue surpassing $3 billion. Cloudflare earnings results
Positive Sentiment: Cloudflare raised its full-year revenue forecast to about $2.96 billion, from prior guidance of $2.86 billion–$2.87 billion. Its next-quarter revenue outlook was also stronger than analysts expected, supporting optimism about continued demand. WSJ outlook report
Positive Sentiment: Reports cited enterprise adoption and demand for Cloudflare’s developer platform amid AI workloads as drivers of growth. Shares rallied in after-hours and premarket trading following the results. After-hours earnings coverage
Neutral Sentiment: Cloudflare appointed Christian Smith president of revenue to lead its global go-to-market organization, with a stated focus on scaling growth. The impact will depend on execution. Revenue leadership appointment
Negative Sentiment: Despite rapid sales growth, gross margin declined, free cash flow grew much more slowly than revenue, and the GAAP operating loss widened. These trends could temper enthusiasm if growth does not translate into improving profitability. Earnings and profitability analysis

About Cloudflare

(Get Free Report)

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.