NYSE:NET - Cloudflare Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $56.38
  • Forecasted Upside: -21.59 %
  • Number of Analysts: 17
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 14 Buy Ratings
  • 0 Strong Buy Ratings
$71.90
▼ -0.39 (-0.54%)
1 month | 3 months | 12 months
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Analyst Price Target for NET

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$56.38
▼ -21.59% Downside Potential
This price target is based on 17 analysts offering 12 month price targets for Cloudflare in the last 3 months. The average price target is $56.38, with a high forecast of $87.00 and a low forecast of $22.00. The average price target represents a -21.59% upside from the last price of $71.90.
Buy
The current consensus among 17 investment analysts is to buy stock in Cloudflare.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/11/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/9/2019
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/8/2019
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/7/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/5/2020
  • 0 strong buy ratings
  • 13 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/3/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/2/2020
  • 0 strong buy ratings
  • 14 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/2/2020

Latest Recommendations

  • 0 strong buy ratings
  • 14 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/1/2020KeyCorpInitiated CoverageOverweight$87.00High
i
11/17/2020Morgan StanleyBoost Price TargetEqual Weight$42.00 ➝ $69.00High
i
Rating by Keith Weiss at Morgan Stanley
11/6/2020Jefferies Financial GroupBoost Price TargetBuy$70.00 ➝ $80.00High
i
11/6/2020Wells Fargo & CompanyBoost Price TargetOverweight$50.00 ➝ $70.00Low
i
11/6/2020Needham & Company LLCBoost Price TargetBuy$69.00 ➝ $75.00High
i
Rating by Alex Henderson at Needham & Company LLC
11/6/2020BTIG ResearchUpgradeNeutral ➝ Buy$76.00High
i
11/2/2020OppenheimerBoost Price TargetOutperform$55.00 ➝ $65.00Low
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
11/2/2020Royal Bank of CanadaBoost Price TargetPositive ➝ Outperform$50.00 ➝ $55.00Low
i
10/19/2020Robert W. BairdBoost Price TargetOutperform$48.00 ➝ $62.00Low
i
10/13/2020Needham & Company LLCBoost Price TargetBuy$50.00 ➝ $69.00High
i
Rating by Alex Henderson at Needham & Company LLC
10/8/2020FBN SecuritiesInitiated CoverageOutperform$55.00High
i
8/14/2020Morgan StanleyBoost Price TargetEqual Weight$34.00 ➝ $42.00Low
i
Rating by Keith Weiss at Morgan Stanley
8/11/2020OppenheimerReiterated RatingBuy$55.00Medium
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
8/7/2020Needham & Company LLCBoost Price TargetBuy$47.00 ➝ $50.00Medium
i
Rating by Alex Henderson at Needham & Company LLC
8/4/2020Royal Bank of CanadaBoost Price Target$29.00 ➝ $48.00Low
i
7/30/2020OppenheimerBoost Price TargetOutperform$35.00 ➝ $55.00Low
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
7/30/2020Robert W. BairdBoost Price TargetOutperform$30.00 ➝ $45.00High
i
7/28/2020Jefferies Financial GroupUpgradeHold ➝ Buy$27.00 ➝ $50.00Medium
i
7/22/2020Needham & Company LLCBoost Price TargetBuy$38.00 ➝ $47.00Low
i
7/17/2020William BlairInitiated CoverageOutperformHigh
i
7/10/2020JPMorgan Chase & Co.Boost Price TargetOverweight$30.00 ➝ $52.00High
i
7/6/2020Piper SandlerBoost Price TargetOverweight$29.00 ➝ $41.00High
i
6/24/2020The Goldman Sachs GroupBoost Price TargetAverage ➝ Neutral$27.00 ➝ $39.00Low
i
6/18/2020Morgan StanleyUpgradeUnderweight ➝ Equal Weight$34.00Low
i
6/17/2020Needham & Company LLCBoost Price TargetPositive ➝ Buy$32.00 ➝ $38.00High
i
5/15/2020Wells Fargo & CompanyBoost Price TargetOverweight$27.50 ➝ $30.00Low
i
5/8/2020JMP SecuritiesBoost Price TargetMarket Outperform$25.00 ➝ $30.00High
i
5/8/2020Morgan StanleyBoost Price TargetUnderweight$22.00 ➝ $24.00Medium
i
5/8/2020Needham & Company LLCBoost Price TargetBuy$24.00 ➝ $32.00Low
i
5/8/2020Royal Bank of CanadaBoost Price TargetOutperform$24.00 ➝ $29.00High
i
5/8/2020Jefferies Financial GroupBoost Price TargetHold$20.00 ➝ $27.00High
i
5/8/2020Robert W. BairdReiterated RatingBuyMedium
i
Rating by Jonathan Ruykhaver at Robert W. Baird
5/8/2020OppenheimerInitiated CoverageBuy$31.00Medium
i
Rating by Shaul Eyal at Oppenheimer Holdings Inc.
5/3/2020Royal Bank of CanadaReiterated RatingBuy$24.00Medium
i
4/24/2020SunTrust BanksDowngradeBuy ➝ Hold$24.00Low
i
4/14/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$22.00High
i
3/27/2020BTIG ResearchReiterated RatingNeutral$23.00High
i
3/25/2020Morgan StanleyBoost Price TargetEqual Weight$21.00 ➝ $22.00High
i
3/9/2020Wells Fargo & CompanyBoost Price TargetOverweight$22.50 ➝ $27.50Low
i
2/16/2020Evercore ISIReiterated RatingBuy$22.00Medium
i
2/14/2020Needham & Company LLCBoost Price TargetBuy$22.00 ➝ $24.00High
i
Rating by Alex Henderson at Needham & Company LLC
2/14/2020Jefferies Financial GroupBoost Price TargetHold$18.00 ➝ $20.00High
i
1/9/2020Robert W. BairdInitiated CoverageOutperform$22.00Medium
i
11/4/2019Piper Jaffray CompaniesInitiated CoverageOverweight$20.00High
i
10/8/2019BTIG ResearchInitiated CoverageBuy$20.00Medium
i
10/8/2019Needham & Company LLCInitiated CoverageBuy$22.00Medium
i
10/8/2019Morgan StanleyInitiated CoverageEqual ➝ Equal Weight$18.00Medium
i
10/8/2019Royal Bank of CanadaInitiated CoverageOutperform$20.00Medium
i
10/8/2019Evercore ISIInitiated CoverageOutperform$22.00Medium
i
10/8/2019Jefferies Financial GroupInitiated CoverageHold$18.00Medium
i
10/8/2019The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$20.00 ➝ $20.00Medium
i
10/8/2019Wells Fargo & CompanyInitiated CoverageOutperform$22.50Medium
i
10/8/2019JMP SecuritiesInitiated CoverageOutperform$22.00Medium
i
10/8/2019SunTrust BanksInitiated CoverageBuy$23.00Medium
i
10/8/2019OppenheimerInitiated CoverageOutperform$23.00Medium
i
(Data available from 12/3/2015 forward)
Cloudflare logo
CloudFlare, Inc. operates a cloud platform that delivers a range of network services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Its security products comprise Cloud Firewall, Bot Management, Distributed Denial of Service, Infrastructure Protection, IoT, SSL/TLS, Secure Origin Connection, and Rate Limiting. The company also offers performance solutions, which include Content Delivery, Intelligent Routing, and Mobile Software Development Kit, as well as Content, Mobile, and Image Optimization. In addition, it provides Reliability solutions comprising Load Balancing, Anycast Network, Virtual Backbone, DNS, DNS Resolver, and Always Online. Further, the company provides solution to protect an organization's internal resources, such as devices, users, applications, and data comprising Zero Trust Security and Access Management, which secures, authenticates, and monitors user access to internal applications and infrastructure hosted on-premise or in cloud environments; and Secure Web Gateway to secure and filter outbound Internet traffic to protect employees from threats on the public Internet and to help protect Internet-browsing employees from bringing malware or vulnerable code into an organization. Additionally, it offers Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer virtual private network (VPN), a VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. It has a strategic agreement with Baidu, Inc. and JD Cloud. The company was founded in 2009 and is headquartered in San Francisco, California.
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Today's Range

Now: $71.90
$68.83
$71.99

50 Day Range

MA: $61.76
$51.97
$75.08

52 Week Range

Now: $71.90
$15.05
$76.80

Volume

3,087,493 shs

Average Volume

4,738,963 shs

Market Capitalization

$22.09 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A