Analysts Set Cloudflare, Inc. (NYSE:NET) PT at $320.19

Cloudflare, Inc. (NYSE:NET) has received an average recommendation of “Moderate Buy” from the thirty-three research firms that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty-one have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $320.1852.

A number of equities analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of Cloudflare from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. The Goldman Sachs Group reissued a “buy” rating and issued a $389.00 price objective on shares of Cloudflare in a research note on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a report on Friday, July 17th. DZ Bank cut Cloudflare from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, August 7th. Finally, Royal Bank Of Canada lifted their price target on Cloudflare from $290.00 to $346.00 and gave the company an “outperform” rating in a report on Friday, August 7th.

Cloudflare Stock Down 1.6%

NYSE:NET opened at $306.22 on Friday. Cloudflare has a 1-year low of $158.83 and a 1-year high of $332.22. The company has a 50-day moving average of $285.92 and a 200 day moving average of $238.94. The firm has a market cap of $108.24 billion, a PE ratio of -527.97, a price-to-earnings-growth ratio of 250.57 and a beta of 1.66. 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 issued its earnings results on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company 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 business earned $0.21 EPS. The firm’s quarterly revenue was up 35.9% on a year-over-year basis. 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, research analysts anticipate that Cloudflare will post 0.03 EPS for the current fiscal year.

Insider Activity at Cloudflare

In related news, insider Michelle Zatlyn sold 33,003 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $277.43, for a total transaction of $9,156,022.29. Following the sale, the insider owned 69,775 shares of the company’s stock, valued at $19,357,678.25. This trade 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 is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Janel Riley sold 3,481 shares of Cloudflare stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $305.26, for a total value of $1,062,610.06. Following the completion of the transaction, the chief accounting officer owned 41,547 shares in the company, valued at $12,682,637.22. This trade represents a 7.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 706,244 shares of company stock valued at $186,761,866 over the last 90 days. Company insiders own 10.66% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Lingotto Investment Management LLP acquired a new stake in shares of Cloudflare during the 4th quarter worth approximately $34,626,000. Jupiter Asset Management Ltd. boosted its holdings in Cloudflare by 1,984.7% during the fourth quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock worth $38,979,000 after buying an additional 188,226 shares in the last quarter. Trek Financial LLC purchased a new stake in Cloudflare during the fourth quarter worth $1,793,000. Pictet Asset Management Holding SA grew its position in Cloudflare by 17.6% during the first quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock valued at $284,900,000 after buying an additional 206,506 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new stake in Cloudflare during the fourth quarter valued at $5,543,000. Institutional investors own 82.68% of the company’s stock.

About Cloudflare

Cloudflare, Inc is a technology company that provides cloud-based connectivity, security and performance services for websites, applications, networks and other internet-connected resources. Its platform is designed to help organizations deliver digital content more quickly, protect against cyber threats and manage internet traffic across a global network.

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