Cloudflare, Inc. (NYSE:NET) Given Average Rating of “Moderate Buy” by Analysts

Shares of Cloudflare, Inc. (NYSE:NET) have been given a consensus recommendation of “Moderate Buy” by the twenty-eight brokerages that are covering the company, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $236.68.

A number of research firms have recently issued reports on NET. Piper Sandler reiterated an “overweight” rating and issued a $250.00 target price (up from $222.00) on shares of Cloudflare in a research note on Friday, May 8th. Needham & Company LLC cut their target price on shares of Cloudflare from $285.00 to $250.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. BTIG Research reiterated a “buy” rating and issued a $243.00 target price on shares of Cloudflare in a research note on Friday, May 8th. Guggenheim lifted their target price on shares of Cloudflare from $117.00 to $140.00 and gave the company a “sell” rating in a research note on Wednesday, February 11th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $224.00 target price on shares of Cloudflare in a research note on Wednesday, February 11th.

Insider Buying and Selling

In other news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $209.08, for a total value of $10,952,446.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michelle Zatlyn sold 35,080 shares of Cloudflare stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $213.98, for a total transaction of $7,506,418.40. Following the completion of the transaction, the insider owned 47,425 shares of the company’s stock, valued at $10,148,001.50. This trade represents a 42.52% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 585,862 shares of company stock valued at $121,988,011 in the last quarter. 10.89% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Physician Wealth Advisors Inc. raised its position in Cloudflare by 693.3% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 104 shares during the last quarter. Wiser Advisor Group LLC bought a new position in Cloudflare in the 3rd quarter worth approximately $26,000. HM Payson & Co. bought a new position in Cloudflare in the 4th quarter worth approximately $25,000. Westside Investment Management Inc. raised its position in Cloudflare by 100.0% in the 3rd 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 last quarter. Finally, Wexford Capital LP bought a new position in Cloudflare in the 3rd quarter worth approximately $30,000. Institutional investors own 82.68% of the company’s stock.

Cloudflare Stock Up 9.0%

NYSE NET opened at $227.98 on Friday. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 1.29. The stock’s 50 day moving average is $208.24 and its two-hundred day moving average is $198.67. The company has a market capitalization of $80.58 billion, a price-to-earnings ratio of -911.92 and a beta of 1.67. Cloudflare has a 1-year low of $158.83 and a 1-year high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.The company had revenue of $639.76 million for the quarter, compared to the consensus estimate of $620.83 million. During the same period in the previous year, the business earned $0.16 earnings per share. The company’s quarterly revenue was up 33.5% on a year-over-year basis. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS.

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.