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

Cloudflare (NYSE:NET) had its target price decreased by Cantor Fitzgerald from $340.00 to $310.00 in a research report sent to investors on Friday morning, Marketbeat.com reports. Cantor Fitzgerald currently has a neutral rating on the stock.

Several other equities analysts have also weighed in on the company. Citizens Jmp reissued a “market outperform” rating and set a $394.00 price objective on shares of Cloudflare in a report on Monday, August 31st. Scotiabank raised their target price on Cloudflare from $300.00 to $390.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a research note on Thursday, October 15th. Jefferies Financial Group dropped their price target on Cloudflare from $320.00 to $315.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Fox Advisors cut Cloudflare to a “neutral” rating in a research report on Tuesday. Twenty-six analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $332.82.

Cloudflare Stock Performance

NET traded up $24.69 during trading on Friday, hitting $269.20. 9,412,453 shares of the company traded hands, compared to its average volume of 3,206,512. The firm has a market cap of $95.15 billion, a P/E ratio of -395.88, a price-to-earnings-growth ratio of 210.90 and a beta of 1.37. The stock’s fifty day moving average is $318.23 and its 200 day moving average is $249.77. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22. Cloudflare has a one year low of $158.83 and a one year high of $370.35.

Cloudflare (NYSE:NET) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.34 by $0.04. The business had revenue of $782.51 million for the quarter, compared to analyst estimates of $737.16 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.27 earnings per share. As a group, equities analysts predict that Cloudflare will post 0.03 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Carl Ledbetter sold 5,000 shares of the business’s stock in a transaction on Monday, October 19th. The stock was sold at an average price of $304.40, for a total transaction of $1,522,000.00. Following the sale, the director directly owned 868,073 shares in the company, valued at approximately $264,241,421.20. The trade was a 0.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 stock in a transaction dated Wednesday, October 7th. The stock was sold at an average price of $348.29, for a total value of $11,494,614.87. Following the sale, the insider directly owned 69,775 shares in the company, valued at $24,301,934.75. This trade represents a 32.11% 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 a total of 259,057 shares of company stock worth $79,516,905 over the last 90 days. Corporate insiders own 10.66% of the company’s stock.

Institutional Investors Weigh In On Cloudflare

Institutional investors and hedge funds have recently modified their holdings of the company. Flagship Harbor Advisors LLC lifted its stake in Cloudflare by 2.7% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 1,238 shares of the company’s stock worth $430,000 after purchasing an additional 33 shares in the last quarter. Financial Management Professionals Inc. raised its position in shares of Cloudflare by 6.1% in the third quarter. Financial Management Professionals Inc. now owns 623 shares of the company’s stock worth $216,000 after buying an additional 36 shares in the last quarter. Armstrong Advisory Group Inc. raised its position in shares of Cloudflare by 31.2% in the third quarter. Armstrong Advisory Group Inc. now owns 164 shares of the company’s stock worth $57,000 after buying an additional 39 shares in the last quarter. CX Institutional boosted its stake in Cloudflare by 49.4% during the second quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 44 shares during the period. Finally, Wedbush Securities Inc. boosted its stake in Cloudflare by 4.2% during the third quarter. Wedbush Securities Inc. now owns 1,095 shares of the company’s stock valued at $380,000 after buying an additional 44 shares during the period. 82.68% of the stock is owned by hedge funds and other institutional investors.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Third-quarter revenue rose 39.2% year over year to $782.5 million, beating estimates, while adjusted EPS of $0.38 also topped forecasts. The company cited strong enterprise demand and growing adoption of its developer platform. Cloudflare Q3 Earnings Beat Estimates on Robust Enterprise Demand
• Positive Sentiment: Cloudflare raised its 2026 outlook: full-year revenue guidance is about $3.0 billion and EPS guidance is $1.35, above consensus estimates. Fourth-quarter revenue guidance of $845 million–$846 million and EPS guidance of $0.43 also exceeded expectations. Why Cloudflare Stock Opened Higher Today
• Positive Sentiment: Further signs of AI-related momentum include Cloudflare’s first revenue from AI bot traffic and a developer base that doubled to 10 million. Analysts at Wolfe Research upgraded the shares to Outperform. Why Cloudflare Stock Opened Higher Today
• Neutral Sentiment: Analyst actions were mixed: Piper Sandler reaffirmed Overweight and raised its target, while Scotiabank, Needham and Cantor Fitzgerald lowered targets; the latter firms retained positive or neutral ratings. Scotiabank rating update
• Negative Sentiment: Some profitability measures lagged growth: gross margin faced pressure, free cash flow grew more slowly than revenue, and the GAAP operating loss widened. Cloudflare’s high valuation may make the stock sensitive to any slowdown or disappointment. Cloudflare Sales Up 39%, Gross Margin Falls

About Cloudflare

Cloudflare, Inc provides cloud-based services that help businesses and other organizations protect, connect and improve the performance of websites, applications and networks. Its global network delivers services including content delivery, domain name system management, and protection against distributed denial-of-service attacks and other cyber threats.

The company also offers web application security, bot management and Zero Trust services for securing access to applications and internal networks.