Susquehanna Issues Positive Forecast for Cloudflare (NYSE:NET) Stock Price

Cloudflare (NYSE:NET) had its target price raised by equities research analysts at Susquehanna from $200.00 to $300.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 0.28% from the company’s previous close.

A number of other equities research analysts also recently commented on the company. Benchmark downgraded Cloudflare to an “underperform” rating in a research report on Tuesday, July 7th. Raymond James Financial initiated coverage on Cloudflare in a research note on Tuesday, July 7th. They issued a “strong-buy” rating on the stock. Deutsche Bank Aktiengesellschaft raised shares of Cloudflare to a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cloudflare in a research note on Friday, July 17th. Finally, Jefferies Financial Group set a $350.00 price target on Cloudflare in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $315.19.

Cloudflare Stock Performance

Shares of NET opened at $299.17 on Monday. The stock has a market capitalization of $105.75 billion, a PE ratio of -520.32, a price-to-earnings-growth ratio of 207.29 and a beta of 1.65. Cloudflare has a 12-month low of $158.83 and a 12-month high of $324.73. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. The business’s fifty day moving average price is $257.02 and its 200 day moving average price is $219.08.

Cloudflare (NYSE:NET) last posted its earnings results on Wednesday, August 5th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.27 by $0.02. The firm had revenue of $696.06 million during the quarter, compared to analysts’ expectations of $664.66 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. Cloudflare’s quarterly revenue was up 35.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.21 EPS. Equities research analysts forecast that Cloudflare will post 0.03 EPS for the current year.

Insider Buying and Selling at Cloudflare

In other news, CEO Matthew Prince sold 33,631 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $296.10, for a total value of $9,958,139.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas J. Seifert sold 55,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total transaction of $16,516,500.00. Following the completion of the sale, the chief financial officer owned 113,790 shares in the company, valued at $34,171,137. This represents a 32.58% 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 have sold a total of 749,532 shares of company stock valued at $183,882,628 in the last 90 days. Insiders own 10.66% of the company’s stock.

Institutional Investors Weigh In On Cloudflare

A number of institutional investors have recently made changes to their positions in NET. CX Institutional lifted its position in shares of Cloudflare by 49.4% during the 2nd quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after buying an additional 44 shares in the last quarter. Wealth Architects LLC increased its holdings in shares of Cloudflare by 4.6% in the second quarter. Wealth Architects LLC now owns 1,022 shares of the company’s stock valued at $251,000 after purchasing an additional 45 shares during the last quarter. Forum Financial Management LP raised its holdings in shares of Cloudflare by 3.5% during the 2nd quarter. Forum Financial Management LP now owns 1,498 shares of the company’s stock worth $367,000 after acquiring an additional 50 shares during the period. Quadrant Private Wealth Management LLC boosted its holdings in Cloudflare by 3.2% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 1,653 shares of the company’s stock valued at $341,000 after purchasing an additional 51 shares during the last quarter. Finally, Essential Partners LLC lifted its holdings in Cloudflare by 14.5% in the first quarter. Essential Partners LLC now owns 402 shares of the company’s stock valued at $83,000 after acquiring an additional 51 shares during the last quarter. 82.68% of the stock is owned by institutional investors and hedge funds.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Raised outlook and strong Q2 results: Cloudflare reported revenue of $696.06 million, up 35.9% year over year and above estimates, while adjusted earnings also exceeded expectations. Management raised its third-quarter and full-year 2026 revenue outlook, strengthening the growth narrative. Cloudflare Is Up 7.6% After Raising 2026 Revenue Outlook And Expanding Its AI-Agent Platform
• Positive Sentiment: Expansion into agentic AI: Cloudflare introduced Cloudflare OS, an Identity-Aware AI Gateway, Cloudflare Wallets, and other tools aimed at helping developers and enterprises build, govern and monetize AI agents. Investors may view these products as expanding Cloudflare’s addressable market and supporting future platform growth. Cloudflare Expands Its AI Agent Platform With Cloudflare OS And Wallets
• Positive Sentiment: More favorable analyst views: Several analysts raised their price targets to $333, $346 and $380, while RBC Capital issued a Buy rating and Truist projected significant appreciation. The target increases reinforce confidence in Cloudflare’s growth and AI opportunity. Cloudflare Price Target Raised to $346
• Neutral Sentiment: Growth remains costly: Although revenue momentum is strong, Cloudflare’s net loss widened to approximately $170 million in the quarter and margins were broadly steady, leaving execution and profitability important issues for investors. NET Q2 Deep Dive
• Negative Sentiment: Convertible-note offering: Cloudflare announced a proposed private offering of $2.175 billion of convertible senior notes due 2031. The financing adds cash for corporate purposes but could increase debt obligations and create future shareholder dilution if the notes convert. Cloudflare Announces Proposed Private Offering
• Negative Sentiment: Insider selling: Cloudflare’s CFO sold approximately $16.5 million of stock, which may temper sentiment after the recent rally, although one executive transaction does not necessarily indicate a change in business prospects. Cloudflare CFO Sells Stock

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.