Cloudflare (NYSE:NET) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Cloudflare (NYSE:NET) had its target price lifted by stock analysts at Wells Fargo & Company from $265.00 to $270.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price indicates a potential upside of 37.03% from the stock’s previous close.

NET has been the subject of several other reports. JMP Securities set a $270.00 target price on shares of Cloudflare in a research report on Friday, October 31st. Truist Financial set a $225.00 price objective on Cloudflare in a report on Tuesday, January 20th. Wall Street Zen raised Cloudflare from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Susquehanna boosted their target price on Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Cloudflare in a research report on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Cloudflare has a consensus rating of “Moderate Buy” and a consensus target price of $234.68.

Cloudflare Price Performance

NET traded up $17.06 during trading on Wednesday, reaching $197.04. 5,328,346 shares of the company were exchanged, compared to its average volume of 4,797,691. Cloudflare has a 12-month low of $89.42 and a 12-month high of $260.00. The company’s 50-day moving average is $191.02 and its two-hundred day moving average is $205.03. 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 company has a market cap of $69.02 billion, a price-to-earnings ratio of -653.69, a P/E/G ratio of 150.60 and a beta of 1.97.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The company had revenue of $614.51 million during the quarter, compared to analysts’ expectations of $591.67 million. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. Cloudflare’s revenue for the quarter was up 33.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.19 earnings per share. Research analysts forecast that Cloudflare will post -0.11 earnings per share for the current fiscal year.

Insider Activity at Cloudflare

In other news, Director Carl Ledbetter sold 15,000 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $211.16, for a total transaction of $3,167,400.00. Following the sale, the director owned 953,073 shares in the company, valued at approximately $201,250,894.68. The trade was a 1.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Douglas James Kramer sold 3,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $176.19, for a total transaction of $528,570.00. Following the completion of the sale, the insider owned 101,101 shares in the company, valued at approximately $17,812,985.19. This trade represents a 2.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 630,827 shares of company stock valued at $124,436,992 over the last ninety days. Insiders own 10.89% of the company’s stock.

Institutional Trading of Cloudflare

A number of institutional investors and hedge funds have recently bought and sold shares of NET. Physician Wealth Advisors Inc. lifted its stake in shares of Cloudflare by 693.3% in the third quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after buying an additional 104 shares in the last quarter. Wiser Advisor Group LLC purchased a new position in Cloudflare in the 3rd quarter worth approximately $26,000. Westside Investment Management Inc. lifted its position in Cloudflare by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares in the last quarter. ORG Wealth Partners LLC boosted its stake in Cloudflare by 101.4% during the 3rd quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock valued at $30,000 after purchasing an additional 70 shares during the last quarter. Finally, Wexford Capital LP bought a new stake in shares of Cloudflare in the 3rd quarter worth $30,000. 82.68% of the stock is currently owned by institutional investors.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Q4 beat and upbeat guide — Cloudflare reported $0.28 EPS (vs. $0.27 est.) and $614.5M revenue (+33.6% YoY) and outlined a $2.795B 2026 revenue target, citing AI-driven demand and a record $42.5M-per-year ACV deal; management framed this as durable enterprise momentum. Q4 results press release
• Positive Sentiment: Market narrative around AI tailwind — Coverage highlights that Cloudflare’s services benefit from AI-driven internet traffic growth, supporting the company’s above-consensus sales forecast and investor enthusiasm. Barron’s article
• Positive Sentiment: Analyst conviction still shows upside — Needham lowered its target from $285 to $250 but kept a Buy rating, implying ~39% upside from current levels, which supports continued investor interest. Needham / TickerReport
• Neutral Sentiment: Mixed but constructive analyst moves — Cantor Fitzgerald reaffirmed a Neutral rating with a $224 target and Scotiabank trimmed its target to $225 (sector perform); both targets still imply meaningful upside versus current price, providing tempered endorsement. Benzinga coverage
• Negative Sentiment: Insider/institutional selling — Alfreton Capital disclosed a 55% reduction in its Cloudflare stake, a potentially negative signal about near-term conviction from that holder. Alfreton Capital filing
• Negative Sentiment: Price vs. moving averages & valuation context — The stock is trading below its 50-day ($191) and 200-day ($205) SMAs and still reflects negative net margin and a non‑standard P/E profile, factors that could temper further upside if momentum fades. MarketBeat profile

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.