Mizuho Lowers Cloudflare (NYSE:NET) Price Target to $255.00

Cloudflare (NYSE:NET) had its price target lowered by Mizuho from $280.00 to $255.00 in a report issued on Wednesday, Marketbeat reports. The brokerage presently has an “outperform” rating on the stock. Mizuho’s target price would suggest a potential upside of 47.51% from the stock’s current price.

Several other research firms also recently issued reports on NET. Royal Bank Of Canada raised their price target on shares of Cloudflare from $250.00 to $265.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Truist Financial set a $225.00 target price on Cloudflare in a research report on Tuesday. Oppenheimer assumed coverage on Cloudflare in a report on Monday, November 10th. They set an “outperform” rating and a $260.00 target price on the stock. Susquehanna upped their price target on Cloudflare from $205.00 to $260.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Piper Sandler lowered their price objective on Cloudflare from $249.00 to $220.00 and set a “neutral” rating for the company in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Cloudflare currently has an average rating of “Moderate Buy” and a consensus price target of $232.48.

Cloudflare Price Performance

Shares of NET opened at $172.87 on Wednesday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The stock has a market cap of $60.55 billion, a PE ratio of -576.23, a PEG ratio of 111.80 and a beta of 1.96. Cloudflare has a 12-month low of $89.42 and a 12-month high of $260.00. The business has a 50-day simple moving average of $195.98 and a two-hundred day simple moving average of $205.91.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.04. Cloudflare had a negative return on equity of 6.54% and a negative net margin of 5.12%.The firm had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. During the same period last year, the firm posted $0.20 earnings per share. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. Analysts anticipate that Cloudflare will post -0.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $189.47, for a total value of $9,925,196.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $178.37, for a total value of $1,783,700.00. Following the completion of the transaction, the chief financial officer directly owned 137,486 shares in the company, valued at approximately $24,523,377.82. This trade represents a 6.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 619,213 shares of company stock valued at $122,370,244 over the last ninety days. Insiders own 10.89% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. raised its holdings in shares of Cloudflare by 693.3% during the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock valued at $26,000 after purchasing an additional 104 shares during the period. Wiser Advisor Group LLC acquired a new position in Cloudflare during the 3rd quarter worth approximately $26,000. Westside Investment Management Inc. raised its stake in Cloudflare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after buying an additional 65 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new stake in Cloudflare in the second quarter valued at approximately $29,000. Finally, ORG Wealth Partners LLC grew its stake in Cloudflare by 101.4% in the third quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock valued at $30,000 after acquiring an additional 70 shares during the period. 82.68% of the stock is owned by institutional investors.

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.