Cloudflare (NYSE:NET) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Cloudflare (NYSE:NET) had its price target upped by Cantor Fitzgerald from $224.00 to $230.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Cantor Fitzgerald’s target price would suggest a potential downside of 2.49% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Susquehanna lifted their price target on Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Jefferies Financial Group assumed coverage on Cloudflare in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. Wells Fargo & Company lifted their target price on Cloudflare from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. BTIG Research increased their price target on shares of Cloudflare from $243.00 to $269.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Barclays restated an “overweight” rating and issued a $250.00 price objective on shares of Cloudflare in a research report on Monday, June 1st. Eighteen analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $242.56.

Cloudflare Stock Performance

Shares of NET stock opened at $235.88 on Wednesday. The firm’s 50 day moving average is $214.74 and its 200 day moving average is $201.01. The stock has a market capitalization of $83.38 billion, a P/E ratio of -943.50, a PEG ratio of 4,156.04 and a beta of 1.70. Cloudflare has a 12 month low of $158.83 and a 12 month high of $276.82. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business had revenue of $639.76 million during the quarter, compared to analyst estimates of $620.83 million. During the same period in the previous year, the business earned $0.16 EPS. Cloudflare’s revenue was up 33.5% compared to the same quarter last year. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

Insider Transactions at Cloudflare

In other news, CEO Matthew Prince sold 52,384 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $210.02, for a total transaction of $11,001,687.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 35,080 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $213.98, for a total value of $7,506,418.40. Following the completion of the sale, the insider directly owned 47,425 shares of the company’s stock, valued at approximately $10,148,001.50. This represents a 42.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 527,784 shares of company stock valued at $111,803,817 over the last quarter. Company insiders own 10.89% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Trek Financial LLC bought a new position in Cloudflare during the 4th quarter worth approximately $1,793,000. Lingotto Investment Management LLP purchased a new stake in shares of Cloudflare during the fourth quarter valued at approximately $34,626,000. Massachusetts Financial Services Co. MA grew its holdings in shares of Cloudflare by 25.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after purchasing an additional 336,768 shares during the last quarter. Jupiter Asset Management Ltd. raised its holdings in Cloudflare by 1,984.7% during the 4th quarter. Jupiter Asset Management Ltd. now owns 197,710 shares of the company’s stock valued at $38,979,000 after buying an additional 188,226 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its position in Cloudflare by 275.6% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 37,072 shares of the company’s stock valued at $7,348,000 after buying an additional 27,202 shares during the period. 82.68% of the stock is owned by institutional investors.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: BTIG Research raised its price target on Cloudflare from $243 to $269 and reiterated a buy rating, implying more upside from current levels. BTIG raises Cloudflare target
• Positive Sentiment: Needham & Company lifted its target from $250 to $280 and kept a buy rating, reinforcing the view that Wall Street sees continued growth potential in Cloudflare’s business. Needham raises Cloudflare target
• Positive Sentiment: Analyst sentiment remains constructive overall, with multiple firms maintaining buy/outperform views and recent targets clustering above the current share price. Analyst coverage update
• Neutral Sentiment: Cloudflare announced an AI-driven restructuring plan that includes cutting about 1,100 jobs, shifting to an “AI-first” operating model, and proposing a new Class C common stock structure. Investors may view this as a strategic reset that could improve efficiency long term, but it also adds execution uncertainty in the near term. Cloudflare Resets With AI Focus Job Cuts And New Class C Shares
• Neutral Sentiment: Market commentary suggests some investors are digesting expectations around Cloudflare’s Investor Day and may be taking profits if the company did not deliver enough fresh upside on AI monetization or margin expansion. Investor Day expectations analysis
• Negative Sentiment: Recent insider activity remains a concern, with director Katrin Suder selling shares under a pre-arranged trading plan, adding to a broader pattern of insider selling at Cloudflare. Insider sale report

About Cloudflare

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.