Cloudflare, Inc. (NYSE:NET) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Cloudflare, Inc. (NYSE:NET) have been assigned an average recommendation of “Moderate Buy” from the thirty-one analysts that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and twenty-one have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $241.3462.

NET has been the subject of several recent research reports. Citizens Jmp reiterated a “market outperform” rating and set a $270.00 target price on shares of Cloudflare in a research report on Monday, June 15th. Guggenheim restated a “sell” rating and issued a $140.00 price objective on shares of Cloudflare in a research report on Wednesday, June 10th. Zacks Research upgraded shares of Cloudflare from a “strong sell” rating to a “hold” rating in a research report on Friday, March 13th. Susquehanna upped their price objective on shares of Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Jefferies Financial Group assumed coverage on shares of Cloudflare in a research report on Wednesday, April 15th. They issued a “buy” rating for the company.

Cloudflare Stock Performance

Shares of Cloudflare stock opened at $218.32 on Tuesday. The firm has a fifty day moving average of $218.24 and a two-hundred day moving average of $202.93. The stock has a market capitalization of $77.17 billion, a price-to-earnings ratio of -873.28, a PEG ratio of 399.24 and a beta of 1.70. Cloudflare has a 52 week low of $158.83 and a 52 week high of $276.82. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.96 and a current ratio of 1.96.

Cloudflare (NYSE:NET) last issued its earnings results on Thursday, May 7th. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.23 by $0.02. The company had revenue of $639.76 million during the quarter, compared to analysts’ expectations of $620.83 million. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.65%. The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 EPS. Cloudflare has set its FY 2026 guidance at 1.190-1.200 EPS and its Q2 2026 guidance at 0.270-0.270 EPS. As a group, equities research analysts predict that Cloudflare will post 0.01 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Thomas J. Seifert sold 10,000 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $232.39, for a total value of $2,323,900.00. Following the completion of the sale, the chief financial officer owned 116,733 shares in the company, valued at $27,127,581.87. This represents a 7.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Alissa Michelle Starzak sold 16,243 shares of the company’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $216.15, for a total transaction of $3,510,924.45. Following the completion of the sale, the insider owned 118,395 shares of the company’s stock, valued at approximately $25,591,079.25. This represents a 12.06% 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 have sold 461,477 shares of company stock worth $98,173,864 over the last 90 days. 10.66% of the stock is currently owned by corporate insiders.

Institutional Trading of Cloudflare

A number of large investors have recently made changes to their positions in the company. Pacer Advisors Inc. increased its position in shares of Cloudflare by 135.1% in the 1st quarter. Pacer Advisors Inc. now owns 583 shares of the company’s stock valued at $120,000 after buying an additional 335 shares in the last quarter. Wealth High Governance Capital Ltda acquired a new position in Cloudflare in the 1st quarter worth $8,688,000. Wealth High Governance Asset Management Ltda. acquired a new position in Cloudflare in the 1st quarter worth $7,384,000. FAS Wealth Partners Inc. boosted its stake in Cloudflare by 4.4% in the 1st quarter. FAS Wealth Partners Inc. now owns 6,671 shares of the company’s stock worth $1,376,000 after purchasing an additional 283 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Cloudflare by 8.0% in the 1st quarter. Parallel Advisors LLC now owns 5,510 shares of the company’s stock worth $1,137,000 after purchasing an additional 406 shares during the period. Institutional investors own 82.68% of the company’s stock.

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.