Weekly Research Analysts’ Ratings Updates for Cloudflare (NET)

Cloudflare (NYSE: NET) recently received a number of ratings updates from brokerages and research firms:

• 8/10/2026 – Cloudflare had its price target raised by Citigroup Inc. from $265.00 to $400.00. They now have a “buy” rating on the stock.
• 8/10/2026 – Cloudflare had its price target raised by Susquehanna from $200.00 to $300.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Scotiabank from $300.00 to $390.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $370.00 price target on the stock.
• 8/7/2026 – Cloudflare was given a new $330.00 price target by Robert W. Baird.
• 8/7/2026 – Cloudflare had its price target raised by Guggenheim from $140.00 to $160.00. They now have a “sell” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by UBS Group AG from $250.00 to $350.00. They now have a “neutral” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Wells Fargo & Company from $300.00 to $380.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $389.00 price target on the stock.
• 8/7/2026 – Cloudflare had its price target raised by KeyCorp from $300.00 to $375.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare was given a new $350.00 price target by Jefferies Financial Group Inc..
• 8/7/2026 – Cloudflare had its price target raised by TD Cowen from $300.00 to $355.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Barclays PLC from $300.00 to $355.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare was downgraded by DZ Bank AG from “strong-buy” to “strong sell”.
• 8/7/2026 – Cloudflare had its price target raised by Royal Bank Of Canada from $290.00 to $346.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Piper Sandler from $250.00 to $333.00. They now have an “overweight” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Citizens Jmp from $330.00 to $394.00. They now have a “market outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Oppenheimer Holdings, Inc. from $330.00 to $380.00. They now have an “outperform” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Needham & Company LLC from $280.00 to $380.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by Truist Financial Corporation from $300.00 to $350.00. They now have a “buy” rating on the stock.
• 8/7/2026 – Cloudflare had its price target raised by BTIG Research from $314.00 to $382.00. They now have a “buy” rating on the stock.
• 8/4/2026 – Cloudflare had its “hold” rating reaffirmed by Jefferies Financial Group Inc.. They now have a $290.00 price target on the stock.
• 8/3/2026 – Cloudflare had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $250.00 price target on the stock.
• 7/23/2026 – Cloudflare had its price target raised by Oppenheimer Holdings, Inc. from $300.00 to $330.00. They now have an “outperform” rating on the stock.
• 7/21/2026 – Cloudflare had its price target raised by Truist Financial Corporation from $250.00 to $300.00. They now have a “buy” rating on the stock.
• 7/20/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citigroup Inc..
• 7/20/2026 – Cloudflare was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/20/2026 – Cloudflare had its price target raised by Citizens Jmp from $270.00 to $330.00. They now have a “market outperform” rating on the stock.
• 7/20/2026 – Cloudflare had its price target raised by Wells Fargo & Company from $270.00 to $300.00. They now have an “overweight” rating on the stock.
• 7/17/2026 – Cloudflare had its “sell (d-)” rating reaffirmed by Weiss Ratings.
• 7/17/2026 – Cloudflare had its price target raised by Morgan Stanley from $305.00 to $322.00. They now have an “overweight” rating on the stock.
• 7/16/2026 – Cloudflare had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $290.00 price target on the stock.
• 7/15/2026 – Cloudflare had its price target raised by Mizuho from $260.00 to $310.00. They now have an “outperform” rating on the stock.
• 7/13/2026 – Cloudflare had its price target raised by TD Cowen from $265.00 to $300.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Cloudflare had its price target raised by Barclays PLC from $250.00 to $300.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – Cloudflare had its price target raised by BTIG Research from $269.00 to $314.00. They now have a “buy” rating on the stock.
• 7/7/2026 – Cloudflare was upgraded by Citigroup Inc. from “market outperform” to “buy”.
• 7/7/2026 – Cloudflare was downgraded by Jefferies Financial Group Inc. from “buy” to “hold”.
• 7/7/2026 – Cloudflare was upgraded by Deutsche Bank Aktiengesellschaft to “buy”.
• 7/7/2026 – Cloudflare is now covered by Raymond James Financial, Inc.. They set a “strong-buy” rating on the stock.
• 7/7/2026 – Cloudflare is now covered by Morgan Stanley. They set an “overweight” rating on the stock.
• 7/7/2026 – Cloudflare is now covered by TD Cowen. They set a “buy” rating on the stock.
• 7/7/2026 – Cloudflare was downgraded by Benchmark Co. to “underperform”.
• 7/7/2026 – Cloudflare is now covered by Wells Fargo & Company. They set a “neutral” rating on the stock.
• 7/7/2026 – Cloudflare was upgraded by Scotiabank from “sector perform” to “sector outperform”. They now have a $300.00 price target on the stock, up from $225.00.
• 6/15/2026 – Cloudflare had its “market outperform” rating reaffirmed by New Street Research.
• 6/15/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citigroup Inc..
• 6/15/2026 – Cloudflare had its “market outperform” rating reaffirmed by Citizens Jmp. They now have a $270.00 price target on the stock.

Insider Activity

In related news, CFO Thomas J. Seifert sold 55,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total value of $16,516,500.00. Following the sale, the chief financial officer owned 113,790 shares of the company’s stock, valued at $34,171,137. This trade represents a 32.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 33,631 shares of Cloudflare stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $296.10, for a total transaction of $9,958,139.10. 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 sold 752,052 shares of company stock valued at $184,648,633. 10.66% of the stock is owned by corporate insiders.

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.