Cloudflare (NYSE:NET) Price Target Raised to $413.00

Cloudflare (NYSE:NET) had its price target raised by BTIG Research from $382.00 to $413.00 in a report published on Tuesday, MarketBeat reports. The firm currently has a buy rating on the stock.

Several other analysts have also commented on the company. Jefferies Financial Group set a $350.00 target price on Cloudflare in a report on Friday, August 7th. KeyCorp lifted their target price on shares of Cloudflare from $300.00 to $375.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $340.00 target price on shares of Cloudflare in a research note on Monday. Mizuho raised their price target on shares of Cloudflare from $260.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Finally, Truist Financial upped their price objective on shares of Cloudflare from $300.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $326.33.

Cloudflare Stock Down 0.5%

NET stock opened at $341.23 on Tuesday. The company has a market capitalization of $120.61 billion, a P/E ratio of -588.32, a price-to-earnings-growth ratio of 272.78 and a beta of 1.65. Cloudflare has a 12 month low of $158.83 and a 12 month high of $370.35. The firm’s fifty day simple moving average is $314.40 and its 200-day simple moving average is $259.31. 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) last posted its earnings results on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.02. The company had revenue of $696.06 million during the quarter, compared to the consensus estimate of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm’s quarterly revenue was up 35.9% on a year-over-year basis. During the same period 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, equities research analysts forecast that Cloudflare will post 0.03 earnings per share for the current year.

Insider Activity at Cloudflare

In related news, CFO Thomas Seifert sold 55,000 shares of Cloudflare stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $300.30, for a total value of $16,516,500.00. Following the sale, the chief financial officer directly owned 113,790 shares in the company, valued at approximately $34,171,137. The trade was a 32.58% decrease in their position. The transaction was disclosed in a filing 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 business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $294.63, for a total value of $9,723,673.89. Following the sale, the insider owned 69,775 shares of the company’s stock, valued at approximately $20,557,808.25. This trade represents a 32.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 458,839 shares of company stock valued at $138,172,392. 10.66% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Cornerstone Financial Management LLC grew its holdings in shares of Cloudflare by 65.3% during the second quarter. Cornerstone Financial Management LLC now owns 119 shares of the company’s stock worth $29,000 after buying an additional 47 shares in the last quarter. C M Bidwell & Associates Ltd. acquired a new stake in shares of Cloudflare in the second quarter valued at about $30,000. CX Institutional lifted its stake in shares of Cloudflare by 49.4% in the second quarter. CX Institutional now owns 133 shares of the company’s stock worth $33,000 after buying an additional 44 shares in the last quarter. Cape Investment Advisory Inc. purchased a new position in shares of Cloudflare in the second quarter worth about $33,000. Finally, Ancora Advisors LLC acquired a new position in Cloudflare during the second quarter worth about $33,000. 82.68% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare is expanding beyond its core connectivity and security business. The company became a public Certificate Authority and introduced post-quantum-ready TLS certificates, potentially creating new security revenue opportunities as organizations prepare for quantum-computing threats. It also partnered with Deutsche Telekom to provide joint security and connectivity services to enterprise customers in Europe. What Could Cloudflare New Trust and Data Push Mean for Its Future?
• Positive Sentiment: The launch of Basin could become a new growth driver. The open-source, serverless data platform is designed for analytics and AI workloads, uses open data formats, and avoids cross-cloud transfer fees. These features could make it attractive to developers and improve Cloudflare’s position in AI infrastructure. Cloudflare’s Data Platform Expands: Is Basin the Next Growth Driver?
• Positive Sentiment: AI traffic remains a key bullish theme. Analysts and market commentators view Cloudflare as a beneficiary of rising traffic from AI applications and agents. The company’s latest reported quarter also showed 35.9% year-over-year revenue growth and earnings above consensus estimates.
• Neutral Sentiment: Wall Street’s average recommendation remains equivalent to Buy, although investors are cautioned that optimistic analyst ratings may not fully account for the stock’s elevated expectations. Brokers Suggest Investing in Cloudflare
• Negative Sentiment: Valuation is the principal risk. Cloudflare shares have risen sharply over the past several years, leaving the stock priced for substantial future growth. Commentators including Jim Cramer acknowledged the AI opportunity but questioned whether the current valuation provides an attractive entry point. Cloudflare Stock May Be Overvalued
• Negative Sentiment: Co-founder and President Michelle Zatlyn sold 33,003 shares for approximately $11.5 million. The transaction reduced her ownership by 32.11%, though it was executed under a pre-arranged Rule 10b5-1 trading plan, which limits its significance as a discretionary signal. Cloudflare Insider Trade

Cloudflare Company Profile

Cloudflare, Inc is a connectivity cloud company that provides services designed to help organizations make their websites, applications and networks more secure, reliable and faster. Its global network sits between users and the services they access, supporting content delivery, domain name system services, traffic optimization and protection against distributed denial-of-service attacks and other online threats.

The company offers a range of application and network security products, including web application firewalls, bot management, application programming interface protection, zero-trust security and secure access services.