Morgan Stanley Issues Positive Forecast for Cloudflare (NYSE:NET) Stock Price

Cloudflare (NYSE:NET) had its target price hoisted by Morgan Stanley from $305.00 to $322.00 in a research note released on Friday,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other research firms also recently commented on NET. Benchmark downgraded shares of Cloudflare to an “underperform” rating in a report on Tuesday, July 7th. Citizens Jmp restated a “market outperform” rating and issued a $270.00 target price on shares of Cloudflare in a research report on Monday, June 15th. Truist Financial boosted their price target on shares of Cloudflare from $225.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, June 11th. Piper Sandler reissued an “overweight” rating on shares of Cloudflare in a research note on Wednesday, June 10th. Finally, Susquehanna upped their price target on Cloudflare from $190.00 to $200.00 and gave the company a “neutral” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, Cloudflare currently has a consensus rating of “Moderate Buy” and an average target price of $253.41.

Cloudflare Stock Up 2.0%

Shares of NYSE NET opened at $277.84 on Friday. 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 has a 1 year low of $158.83 and a 1 year high of $291.00. The stock’s 50-day simple moving average is $236.36 and its 200-day simple moving average is $209.95. The firm has a market cap of $98.21 billion, a price-to-earnings ratio of -1,111.37, a PEG ratio of 277.70 and a beta of 1.67.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The company had revenue of $639.75 million for the quarter, compared to analyst estimates of $620.83 million. Cloudflare had a negative return on equity of 5.65% and a negative net margin of 3.72%.Cloudflare’s quarterly revenue was up 33.5% on a year-over-year basis. During the same period in the prior 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 analysts anticipate that Cloudflare will post 0.02 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other Cloudflare news, Director John Graham-Cumming sold 2,520 shares of Cloudflare stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $247.28, for a total transaction of $623,145.60. Following the transaction, the director directly owned 494,909 shares in the company, valued at approximately $122,381,097.52. The trade was a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Carl Ledbetter sold 5,000 shares of the stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $268.11, for a total value of $1,340,550.00. Following the sale, the director directly owned 888,073 shares of the company’s stock, valued at approximately $238,101,252.03. The trade was a 0.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 616,185 shares of company stock worth $137,831,055 over the last 90 days. Insiders own 10.66% of the company’s stock.

Hedge Funds Weigh In On Cloudflare

Several hedge funds have recently made changes to their positions in the business. Wiser Advisor Group LLC acquired a new position in Cloudflare during the third quarter worth $26,000. HM Payson & Co. bought a new stake in Cloudflare in the 4th quarter valued at $25,000. CX Institutional boosted its position in shares of Cloudflare by 49.4% in the second quarter. CX Institutional now owns 133 shares of the company’s stock valued at $33,000 after acquiring an additional 44 shares during the period. Wexford Capital LP acquired a new position in shares of Cloudflare during the 3rd quarter worth approximately $30,000. Finally, Brown Brothers Harriman & Co. grew its position in Cloudflare by 55.4% during the third quarter. Brown Brothers Harriman & Co. now owns 157 shares of the company’s stock worth $34,000 after buying an additional 56 shares in the last quarter. 82.68% of the stock is owned by institutional investors.

Cloudflare News Roundup

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Morgan Stanley raised its price target on Cloudflare from $305 to $322 and reiterated an overweight rating, signaling stronger confidence in the company’s upside. This kind of analyst upgrade can help support the stock. Morgan Stanley price target increase on Cloudflare
• Positive Sentiment: Cloudflare launched Precursor, a new bot-management product designed to detect sophisticated automated attacks in real time. The launch reinforces the company’s cybersecurity and privacy narrative, which is a key driver of investor optimism. Cloudflare launches Precursor
• Positive Sentiment: Recent commentary continues to highlight Cloudflare as a beneficiary of rising demand for cybersecurity and AI infrastructure, and the stock has also been mentioned favorably in momentum-stock and “best cybersecurity stocks” roundups. Cloudflare momentum stock article
• Neutral Sentiment: Other recent articles emphasize Cloudflare’s strong three-year run and rising fair-value estimates, but also note that the shares already trade at a rich valuation. That may limit near-term upside if growth does not keep accelerating. Cloudflare valuation article
• Neutral Sentiment: The stock also got a “gains as market dips” mention, reflecting relative strength versus the broader market rather than a company-specific catalyst. Cloudflare gains as market dips article

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.