Cloudflare (NYSE:NET) Price Target Lowered to $250.00 at Needham & Company LLC

Cloudflare (NYSE:NET) had its price target lowered by Needham & Company LLC from $285.00 to $250.00 in a report published on Wednesday morning, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the stock. JMP Securities set a $270.00 price target on shares of Cloudflare in a research report on Friday, October 31st. Wolfe Research restated a “peer perform” rating on shares of Cloudflare in a report on Monday, January 26th. Oppenheimer started coverage on Cloudflare in a research report on Monday, November 10th. They issued an “outperform” rating and a $260.00 target price on the stock. Argus boosted their price target on Cloudflare from $238.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, Piper Sandler raised their price objective on Cloudflare from $220.00 to $222.00 and gave the stock a “neutral” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Cloudflare presently has an average rating of “Moderate Buy” and an average target price of $235.21.

Cloudflare Price Performance

Shares of NYSE:NET opened at $189.72 on Wednesday. The company has a market cap of $66.45 billion, a P/E ratio of -654.17, a P/E/G ratio of 156.00 and a beta of 1.97. The business has a fifty day simple moving average of $190.74 and a 200-day simple moving average of $204.92. Cloudflare has a 52 week low of $89.42 and a 52 week high of $260.00. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46.

Cloudflare (NYSE:NET) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The company had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. During the same quarter in the previous year, the business earned $0.19 EPS. The firm’s revenue was up 33.6% on a year-over-year basis. Equities research analysts forecast that Cloudflare will post -0.11 EPS for the current year.

Insider Activity at Cloudflare

In other Cloudflare news, insider Douglas James Kramer sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $176.19, for a total value of $528,570.00. Following the transaction, the insider directly owned 101,101 shares of the company’s stock, valued at $17,812,985.19. This represents a 2.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michelle Zatlyn sold 25,641 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $190.05, for a total value of $4,873,072.05. Following the transaction, the insider owned 24,555 shares of the company’s stock, valued at approximately $4,666,677.75. This trade represents a 51.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 633,347 shares of company stock worth $124,873,834 over the last ninety days. Company insiders own 10.89% of the company’s stock.

Institutional Trading of Cloudflare

Several institutional investors have recently added to or reduced their stakes in the business. Reliant Investment Partners LLC grew its position in shares of Cloudflare by 1.5% during the 3rd quarter. Reliant Investment Partners LLC now owns 3,316 shares of the company’s stock valued at $718,000 after buying an additional 50 shares during the last quarter. Daymark Wealth Partners LLC boosted its position in Cloudflare by 1.1% during the 2nd quarter. Daymark Wealth Partners LLC now owns 4,556 shares of the company’s stock worth $892,000 after acquiring an additional 51 shares during the period. Frank Rimerman Advisors LLC lifted its holdings in Cloudflare by 1.8% in the third quarter. Frank Rimerman Advisors LLC now owns 2,821 shares of the company’s stock worth $605,000 after purchasing an additional 51 shares during the period. Huntington National Bank boosted its holdings in shares of Cloudflare by 22.8% in the second quarter. Huntington National Bank now owns 280 shares of the company’s stock valued at $55,000 after acquiring an additional 52 shares in the last quarter. Finally, Fiduciary Planning LLC boosted its stake in Cloudflare by 3.0% during the 2nd quarter. Fiduciary Planning LLC now owns 1,854 shares of the company’s stock valued at $363,000 after purchasing an additional 54 shares in the last quarter. Institutional investors own 82.68% of the company’s stock.

Trending Headlines about Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat — Cloudflare reported EPS $0.28 vs. $0.27 expected and revenue $614.5M (+33.6% YoY), with management highlighting record ACV and strong RPO/cRPO growth, supporting near-term momentum. Business Wire: Q4 results
• Positive Sentiment: Bullish guidance — Company set a ~ $2.795B 2026 revenue target and forecasted Q1/FY sales above Street estimates, signaling management confidence that AI-driven traffic will lift demand. Reuters: Guidance and AI demand
• Positive Sentiment: AI agent narrative amplifies growth thesis — Coverage and management point to rising agentic traffic (e.g., Moltbot) that increases demand for Cloudflare’s networking/security stack, creating a reinforcing revenue loop. CNBC: AI agent wave
• Positive Sentiment: Analyst upgrades/target lifts — Robert W. Baird upgraded NET to Strong Buy with a $260 target; Wells Fargo and Barclays also raised targets (Wells to $270, Barclays to $250), adding credibility to upside expectations. Zacks: Baird upgrade
• Neutral Sentiment: Mixed analyst reactions — Some firms reiterated neutral ratings or trimmed targets (e.g., Cantor Fitzgerald kept a neutral $224 target), reflecting differing views on valuation despite the beat. Street Insider: Cantor Fitzgerald
• Neutral Sentiment: Some PT trims amid mixed debate — Needham lowered a target (from $285 to $250) but maintained a buy rating, signaling cautious optimism. Benzinga: Needham PT change
• Negative Sentiment: Insider selling — Director John Graham‑Cumming sold 2,520 shares (small relative to his stake); such filings can introduce short-term caution among some investors. SEC: Form 4
• Negative Sentiment: Institutional trimming — Alfreton Capital cut its position sharply (~55%), indicating some profit-taking after the rally. DefenseWorld: Alfreton selling
• Negative Sentiment: Selective target cuts — Scotiabank trimmed its PT to $225, a reminder that valuation and margin pressure (higher R&D/marketing) remain near-term risks. TickerReport: Scotiabank PT cut

Cloudflare Company Profile

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.