NYSE:NET

Cloudflare - NET Price Target & Analyst Ratings

$62.10

+1.08 (+1.77%)

(As of 09/8/2022 10:58 AM ET)

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Today's Range: $59.13
▼
$62.57
50-Day Range: $43.75
▼
$78.61
52-Week Range: $38.96
▼
$221.64

Volume: 28,289 shs
Average Volume: 3.52 million shs
Market Capitalization: $20.26 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $114.76

Cloudflare Consensus Rating and Price Target (2022)

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.

Consensus Analyst Rating

Hold
Based on 22 Analyst Ratings

Consensus Analyst Price Target

$112.50
81.16% Upside

High Prediction	$200.00
Average Prediction	$112.50
Low Prediction	$42.00

Type	Current 9/8/21 to 9/8/22	1 Month Ago 8/9/21 to 8/9/22	3 Months Ago 6/10/21 to 6/10/22	1 Year Ago 9/8/20 to 9/8/21
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	10 Buy rating(s)	12 Buy rating(s)	14 Buy rating(s)
Hold	12 Hold rating(s)	10 Hold rating(s)	11 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$112.50	$116.40	$130.36	$109.97
Predicted Upside	81.16% Upside	14.99% Upside	13.87% Upside	8.69% Upside

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NET Analyst Ratings 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	S&P 500
Consensus Rating Score	2.38	2.59	2.49
Consensus Rating	Hold	Buy	Hold
Predicted Upside	88.07% Upside	218.81% Upside	21.72% Upside
News Sentiment Rating	Negative News	Neutral News	Neutral News
MarketBeat Community Rating	Outperform Votes 139 60.43% Underperform Votes 91 39.57%	Avg. Outperform Votes 222 66.87% Avg. Underperform Votes 110 33.13%	Avg. Outperform Votes 851 68.46% Avg. Underperform Votes 392 31.54%

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/8/2022	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$65.00	+6.52%
8/15/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$62.00	-20.59%
8/12/2022	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$82.00	+9.41%
8/9/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$125.00	+76.78%
8/5/2022	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$76.00 ➝ $85.00	+45.47%
8/5/2022	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$62.00 ➝ $74.00	+26.65%
8/5/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$57.00 ➝ $73.00	+24.94%
7/18/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	$60.00 ➝ $42.00	-9.87%
6/28/2022	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$110.00 ➝ $65.00	+31.55%
5/23/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$75.00 ➝ $55.00	-1.24%
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5/16/2022	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	NA	$245.00 ➝ $100.00	+56.64%
5/6/2022	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$180.00 ➝ $140.00	+113.81%
5/2/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Shaul Eyal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$250.00 ➝ $200.00	+132.18%
3/21/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$126.00 ➝ $120.00	+9.25%
2/22/2022	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Trevor J. Walsh Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$220.00 ➝ $175.00	+85.30%
2/15/2022	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$230.00 ➝ $160.00	+51.57%
2/14/2022	Stifel Europe Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$113.00 ➝ $128.00	+24.90%
2/11/2022	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$210.00 ➝ $130.00	+12.11%
2/11/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$91.00 ➝ $100.00	-13.76%
2/11/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$132.00 ➝ $150.00	+29.35%
12/14/2021	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$212.00 ➝ $144.00	-0.71%
12/9/2021	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$200.00	+24.66%
9/24/2021	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
8/5/2021	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Breen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
7/20/2021	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$111.97 ➝ $105.52
7/1/2021	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
10/8/2020	FBN Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$55.00	+26.79%
6/24/2020	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Average ➝ Neutral	$27.00 ➝ $39.00	+10.18%
4/24/2020	SunTrust Banks Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$24.00	+1.14%
11/4/2019	Piper Jaffray Companies Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$20.00	+18.84%

(Data available from 9/8/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)

NET Price Target - Frequently Asked Questions

What is Cloudflare's consensus rating and price target?: According to the issued ratings of 22 analysts in the last year, the consensus rating for Cloudflare stock is Hold based on the current 1 sell rating, 12 hold ratings and 9 buy ratings for NET. The average twelve-month price prediction for Cloudflare is $112.50 with a high price target of $200.00 and a low price target of $42.00. Learn more on NET's analyst rating history.
Do Wall Street analysts like Cloudflare more than its competitors?: Analysts like Cloudflare less than other Computer and Technology companies. The consensus rating for Cloudflare is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how NET compares to other companies.
Do MarketBeat users like Cloudflare more than its competitors?: MarketBeat users like Cloudflare less than other Computer and Technology companies. 60.17% of MarketBeat users gave Cloudflare an outperform vote while computer and technology companies recieve an average of 66.87% outperform votes by MarketBeat users.

Does Cloudflare's stock price have much upside?: According to analysts, Cloudflare's stock has a predicted upside of 15.09% based on their 12-month price targets.
What analysts cover Cloudflare?: Cloudflare has been rated by Cantor Fitzgerald, Citigroup, Credit Suisse Group, Evercore ISI, Guggenheim, Mizuho, Piper Sandler, Royal Bank of Canada, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:NET) was last updated on 9/8/2022 by MarketBeat.com Staff

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