Cloudflare (NYSE:NET) Price Target Raised to $270.00

Cloudflare (NYSE:NET) had its price target upped by Wells Fargo & Company from $265.00 to $270.00 in a report released on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Cloudflare in a research report on Tuesday, January 27th. KeyCorp reiterated an “overweight” rating on shares of Cloudflare in a report on Wednesday. BTIG Research upped their price objective on Cloudflare from $199.00 to $243.00 and gave the company a “buy” rating in a research note on Wednesday. Cantor Fitzgerald reiterated a “neutral” rating and set a $224.00 target price on shares of Cloudflare in a research note on Wednesday. Finally, Truist Financial set a $225.00 target price on Cloudflare in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $232.11.

Cloudflare Price Performance

NYSE:NET opened at $196.00 on Wednesday. Cloudflare has a 52-week low of $89.42 and a 52-week high of $260.00. The company has a market cap of $68.66 billion, a P/E ratio of -675.84, a P/E/G ratio of 328.65 and a beta of 1.97. The company has a debt-to-equity ratio of 1.46, a quick ratio of 2.04 and a current ratio of 2.04. The stock’s 50-day simple moving average is $190.27 and its 200 day simple moving average is $204.76.

Cloudflare (NYSE:NET) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The firm had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.19 earnings per share. As a group, sell-side analysts forecast that Cloudflare will post -0.11 EPS for the current fiscal year.

Insider Buying and Selling at Cloudflare

In related news, CFO Thomas J. Seifert sold 10,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $178.37, for a total value of $1,783,700.00. Following the completion of the sale, the chief financial officer directly owned 137,486 shares in the company, valued at $24,523,377.82. The trade was a 6.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michelle Zatlyn sold 25,641 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $190.05, for a total value of $4,873,072.05. Following the transaction, the insider owned 24,555 shares in the company, valued at $4,666,677.75. The trade was a 51.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 633,347 shares of company stock worth $124,873,834 in the last 90 days. Company insiders own 10.89% of the company’s stock.

Institutional Trading of Cloudflare

Institutional investors have recently bought and sold shares of the business. HM Payson & Co. acquired a new stake in shares of Cloudflare in the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. increased its stake in Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after acquiring an additional 104 shares during the period. Wiser Advisor Group LLC acquired a new stake in shares of Cloudflare during the 3rd quarter worth $26,000. Westside Investment Management Inc. increased its position in shares of Cloudflare by 100.0% in the third quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after purchasing an additional 65 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Cloudflare in the second quarter valued at about $29,000. Institutional investors own 82.68% of the company’s stock.

Key Stories Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat — Cloudflare reported revenue of ~$614.5M (+33.6% YoY) and EPS of $0.28, with management highlighting record deal activity, rising RPO/cRPO and improving free cash flow. MSN: Q4 growth
• Positive Sentiment: Revenue guidance topped estimates — management raised FY‑2026 revenue outlook (management cited a figure near $2.795B), signaling confidence in sustained demand and driving the rally. Investing.com: Guidance beats
• Positive Sentiment: AI tailwind — multiple reports and management commentary point to rising “agentic” traffic (e.g., Moltbot) that boosts security, networking and edge services, creating a durable demand cycle. Yahoo: AI deals
• Positive Sentiment: Analyst upgrades and higher targets — several firms upgraded or raised targets (examples include Robert W. Baird to outperform/$260 and DZ Bank to buy/$215), adding conviction to the upside thesis. Finviz: Analyst moves
• Positive Sentiment: Elevated options activity — unusually large call buying (13,474 contracts) suggests short‑term bullish/speculative positioning around the stock.
• Neutral Sentiment: Mixed analyst notes — some firms reaffirm neutral/hold stances (Cantor Fitzgerald) or trimmed PTs modestly while keeping buy ratings, reflecting differing views on valuation vs. growth. Zacks: Analyst roundup
• Neutral Sentiment: Valuation questions persist — coverage pieces and valuation checks note Cloudflare’s rich multiples given ongoing margin/headwind dynamics, so upside depends on continued revenue leverage. Yahoo: Valuation check
• Negative Sentiment: Insider sale disclosed — director John Graham‑Cumming sold 2,520 shares; small relative to his holdings but noted by the market. SEC: Form 4
• Negative Sentiment: Institutional profit‑taking — at least one fund materially trimmed its stake in recent filings, evidence of some near‑term selling pressure amid the rally. DefenseWorld: Institutional trimming
• Negative Sentiment: Some target cuts — a few analysts reduced price targets (e.g., Scotiabank), underscoring uneven short‑term sentiment despite the beat. TickerReport: PT cuts

Cloudflare Company Profile

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.