Cloudflare (NYSE:NET) Price Target Raised to $322.00

Cloudflare (NYSE:NET) had its price objective boosted by Morgan Stanley from $305.00 to $322.00 in a research note published on Friday,Benzinga reports. They currently have an overweight rating on the stock.

Other equities research analysts have also issued research reports about the company. Needham & Company LLC lifted their target price on Cloudflare from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. New Street Research reaffirmed a “market outperform” rating on shares of Cloudflare in a research report on Monday, June 15th. Piper Sandler reaffirmed an “overweight” rating on shares of Cloudflare in a research note on Wednesday, June 10th. TD Cowen raised their price target on shares of Cloudflare from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Finally, Mizuho lifted their price objective on shares of Cloudflare from $260.00 to $310.00 and gave the company an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and an average target price of $253.41.

Cloudflare Price Performance

Shares of NYSE NET opened at $277.84 on Friday. The company has a fifty day moving average price of $236.36 and a 200 day moving average price of $210.01. The firm has a market cap of $98.21 billion, a PE ratio of -1,111.37, a PEG ratio of 283.00 and a beta of 1.67. 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 has a 1-year low of $158.83 and a 1-year high of $291.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $639.75 million for the quarter, compared to the consensus estimate of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company’s revenue for the quarter was up 33.5% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. Research analysts predict that Cloudflare will post 0.02 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other news, Director Mark J. Hawkins sold 133 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $249.00, for a total transaction of $33,117.00. Following the completion of the sale, the director directly owned 10,765 shares of the company’s stock, valued at $2,680,485. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the firm’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $623,145.60. Following the completion of the transaction, the director directly owned 494,909 shares of the company’s stock, valued at $122,381,097.52. This represents a 0.51% 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 590,544 shares of company stock valued at $132,719,009 over the last ninety days. Company insiders own 10.66% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Lingotto Investment Management LLP bought a new stake in Cloudflare during the fourth quarter valued at about $34,626,000. Trek Financial LLC acquired a new position in shares of Cloudflare in the fourth quarter valued at $1,793,000. Jupiter Asset Management Ltd. raised its stake in shares of Cloudflare by 1,984.7% in 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 in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Cloudflare by 25.8% during 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 period. Finally, Pictet Asset Management Holding SA lifted its position in shares of Cloudflare by 17.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,381,985 shares of the company’s stock worth $284,900,000 after buying an additional 206,506 shares during the period. Institutional investors own 82.68% of the company’s stock.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Morgan Stanley raised its price target on Cloudflare from $305 to $322 and reiterated an overweight rating, signaling stronger confidence in the company’s upside. This kind of analyst upgrade can help support the stock. Morgan Stanley price target increase on Cloudflare
• Positive Sentiment: Cloudflare launched Precursor, a new bot-management product designed to detect sophisticated automated attacks in real time. The launch reinforces the company’s cybersecurity and privacy narrative, which is a key driver of investor optimism. Cloudflare launches Precursor
• Positive Sentiment: Recent commentary continues to highlight Cloudflare as a beneficiary of rising demand for cybersecurity and AI infrastructure, and the stock has also been mentioned favorably in momentum-stock and “best cybersecurity stocks” roundups. Cloudflare momentum stock article
• Neutral Sentiment: Other recent articles emphasize Cloudflare’s strong three-year run and rising fair-value estimates, but also note that the shares already trade at a rich valuation. That may limit near-term upside if growth does not keep accelerating. Cloudflare valuation article
• Neutral Sentiment: The stock also got a “gains as market dips” mention, reflecting relative strength versus the broader market rather than a company-specific catalyst. Cloudflare gains as market dips article

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.