NETTechnology · Software - InfrastructureThe 34 Wall Street analysts covering Cloudflare, Inc. hold a median 12-month price target of $370 — +38.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 65 of 100 as at 3 Nov 2026 — in the upper half.
Consensus tells you what everyone already believes. The model scores Cloudflare, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (95): Analysts have, on balance, been raising their forecasts.
Issuance (37): The company has been issuing shares or taking on financing, diluting existing holders.
Size (3): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on NET, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +38.8% from it.
Of the 20 most recent actions, 9 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 3 Nov 2026 | JP Morgan | Upgrade | Overweight | $350 |
| 2 Nov 2026 | Jefferies | Maintains | Hold | $350 → $320 |
| 29 Oct 2026 | Bernstein | Maintains | Market Perform | $181 → $245 |
| 28 Oct 2026 | Wells Fargo | Maintains | Overweight | $380 → $400 |
| 13 Oct 2026 | TD Cowen | Maintains | Buy | — |
| 13 Oct 2026 | TD Cowen | Maintains | Buy | $355 → $375 |
| 12 Oct 2026 | Barclays | Maintains | Overweight | — |
| 12 Oct 2026 | Barclays | Maintains | Overweight | $355 → $400 |
| 9 Oct 2026 | Oppenheimer | Maintains | Outperform | — |
| 9 Oct 2026 | Oppenheimer | Maintains | Outperform | $380 → $430 |
| 6 Oct 2026 | BTIG | Maintains | Buy | — |
| 6 Oct 2026 | BTIG | Maintains | Buy | $382 → $413 |
| 17 Sept 2026 | Bernstein | Maintains | Market Perform | $164 → $181 |
| 17 Sept 2026 | Bernstein | Maintains | Market Perform | — |
| 31 Aug 2026 | Citizens | Reiterates | Market Outperform | — |
| 31 Aug 2026 | Citizens | Reiterates | Market Outperform | $394 |
| 10 Aug 2026 | Citigroup | Maintains | Buy | — |
| 10 Aug 2026 | Citigroup | Maintains | Buy | $265 → $400 |
| 10 Aug 2026 | Susquehanna | Maintains | Neutral | $200 → $300 |
| 10 Aug 2026 | Susquehanna | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
NET appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 4 Nov 2026, Cloudflare, Inc. returned +14.4% against +12.9% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 99% of US stocks
Cheaper than 6% of US stocks
Cheaper than 2% of US stocks
Cheaper than 99% of US stocks
Higher than 81% of US stocks
Higher than 69% of US stocks
Higher than 84% of US stocks
Higher than 25% of US stocks
Higher than 21% of US stocks
Higher than 34% of US stocks
Higher than 37% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Cloudflare, Inc. has a market value of $97.4B and an enterprise value of $93.8B.
Revenue in the twelve months to 30 June 2026: $2.5B. The latest quarter grew 35.9% year on year.
Net income over the same four quarters: −$206.3M, a −8.2% net margin.
Diluted earnings per share, trailing twelve months: $−0.58.
Free cash flow in the twelve months to 30 June 2026: $314.9M, after $33.5M of capital spending.
Trailing P/E: −943.1×; forward P/E: 161.4× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Cloudflare, Inc. employs 5,156 people — $487K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Cloudflare, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Cloudflare shares fell from a year-to-date high of $370 to $264 after reversing sharply since October. The excerpt cites valuation concerns ahead of earnings, analyst downgrades, and insider selling as factors adding pressure.
Why it matters — The reported share-price decline and cited concerns provide context for NET watchers ahead of the company’s earnings.
JPMorgan analyst Samik Chatterjee upgraded Cloudflare to Overweight after the stock fell 26% over 30 days. He said the decline made the shares enticing and cited an opportunity for the company to significantly accelerate revenue growth.
Why it matters — The report highlights an analyst’s view that the recent share-price decline and potential revenue acceleration are relevant factors for NET watchers.
A Wall Street analyst said expectations may be too high ahead of Cloudflare’s financial report. The excerpt also notes that a widely publicized PHP vulnerability illustrates the value of Cloudflare’s services.
Why it matters — NET watchers may weigh analyst concerns about expectations against the excerpt’s point about the relevance of Cloudflare’s services.
The article notes that demand for AI agents, adoption of Workers and security growth support Cloudflare’s Q3 outlook, while margin pressure and a premium valuation call for caution.
Why it matters — NET watchers may weigh these growth drivers against concerns about margins and valuation as the company approaches its Q3 earnings.
Seeking Alpha’s earnings preview notes Cloudflare’s Q2 revenue rose 35.9% year over year to $696.1 million, alongside strong large-customer momentum. The article argues the valuation is high relative to current GAAP margins and free cash flow, while citing potential in the company’s distribution advantage and developer platform.
Why it matters — NET watchers may weigh the reported growth and platform potential against the article’s concerns about valuation, margins, and unproven AI monetization.
The 34 Wall Street analysts covering Cloudflare, Inc. have a median 12-month price target of $370, with estimates ranging from $160 to $430. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 34 analysts covering Cloudflare, Inc., 24 rate it a Buy, 8 a Hold and 2 a Sell. Ticker Nerd's systematic factor model ranks Cloudflare, Inc. 65 out of 100 across roughly 4,600 US stocks as at 3 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 3 Nov 2026, Cloudflare, Inc. ranks 65 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (95 of 100).
No one can know that. What the data says: the median 12-month target from 34 analysts implies +38.8% from the last close, and Ticker Nerd's factor model ranks Cloudflare, Inc. 65 out of 100 as at 3 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Cloudflare, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for NET are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $160 to $430 over the next 12 months.
Cloudflare, Inc. returned +14.4% over the 12 months to 4 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Cloudflare, Inc. Class A Common Stock represents Cloudflare, a cloud-based technology company that provides services designed to improve the security, performance, and reliability of websites and applications.
The most recent item we track (Invezz, 4 Nov 2026): "Cloudflare stock: insiders sell, options market points to a drop after earnings". Cloudflare shares fell from a year-to-date high of $370 to $264 after reversing sharply since October. The excerpt cites valuation concerns ahead of earnings, analyst downgrades, and insider selling as factors adding pressure.
Cloudflare, Inc. Class A Common Stock represents Cloudflare, a cloud-based technology company that provides services designed to improve the security, performance, and reliability of websites and applications. Cloudflare’s platform includes application security tools, network services, Zero Trust access solutions, developer-focused services, domain registration, and consumer offerings. The company also supports content delivery, edge computing, and traffic optimization for businesses operating across public cloud, private cloud, on-premises, and hybrid environments. Its products are used by organizations in sectors such as technology, media, retail, financial services, and government to help manage internet traffic and protect digital infrastructure. Headquartered in San Francisco, California, Cloudflare plays an important role in the broader internet infrastructure market by helping connect users and applications more securely and efficiently.
CEO Mr. Matthew Prince J.D. · 5,156 employees · United States · https://www.cloudflare.com
