Research Analysts’ Recent Ratings Updates for Cloudflare (NET)

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

• 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.
• 6/11/2026 – Cloudflare had its price target raised by Truist Financial Corporation from $225.00 to $250.00. They now have a “buy” rating on the stock.
• 6/10/2026 – Cloudflare had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $136.00 price target on the stock.
• 6/10/2026 – Cloudflare had its “buy” rating reaffirmed by TD Cowen.
• 6/10/2026 – Cloudflare had its “overweight” rating reaffirmed by Piper Sandler.
• 6/10/2026 – Cloudflare had its “overweight” rating reaffirmed by KeyCorp.
• 6/10/2026 – Cloudflare had its price target raised by UBS Group AG from $220.00 to $250.00. They now have a “neutral” rating on the stock.
• 6/10/2026 – Cloudflare had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $230.00 price target on the stock, up from $224.00.
• 6/10/2026 – Cloudflare had its “sell” rating reaffirmed by Guggenheim. They now have a $140.00 price target on the stock.
• 6/10/2026 – Cloudflare had its price target raised by Mizuho from $235.00 to $260.00. They now have an “outperform” rating on the stock.
• 6/10/2026 – Cloudflare had its price target raised by Royal Bank Of Canada from $240.00 to $260.00. They now have an “outperform” rating on the stock.
• 6/10/2026 – Cloudflare had its price target raised by Cantor Fitzgerald from $224.00 to $230.00. They now have a “neutral” rating on the stock.
• 6/10/2026 – Cloudflare had its price target raised by BTIG Research from $243.00 to $269.00. They now have a “buy” rating on the stock.
• 6/10/2026 – Cloudflare had its price target raised by Needham & Company LLC from $250.00 to $280.00. They now have a “buy” rating on the stock.
• 6/4/2026 – Cloudflare had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $305.00 price target on the stock.
• 6/1/2026 – Cloudflare had its “overweight” rating reaffirmed by Barclays PLC. They now have a $250.00 price target on the stock.
• 5/22/2026 – Cloudflare had its “outperform” rating reaffirmed by Royal Bank Of Canada.
• 5/11/2026 – Cloudflare had its price target raised by Susquehanna from $190.00 to $200.00. They now have a “neutral” rating on the stock.
• 5/8/2026 – Cloudflare was given a new $260.00 price target by Stifel Nicolaus.
• 5/8/2026 – Cloudflare had its “overweight” rating reaffirmed by Piper Sandler. They now have a $250.00 price target on the stock, up from $222.00.
• 5/8/2026 – Cloudflare had its “buy” rating reaffirmed by BTIG Research. They now have a $243.00 price target on the stock.

Insiders Place Their Bets

In other Cloudflare news, insider Michelle Zatlyn sold 35,080 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the sale, the insider directly owned 47,425 shares of the company’s stock, valued at $10,148,001.50. This represents a 42.52% decrease in their ownership of the stock. The transaction 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, 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 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 461,477 shares of company stock worth $98,173,864 in the last ninety days. Insiders own 10.66% of the company’s stock.

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.