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

Shares of Cloudflare, Inc. (NYSE:NET) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-nine ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nineteen have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $233.1154.

Several equities analysts have weighed in on the company. Scotiabank dropped their target price on Cloudflare from $255.00 to $225.00 and set a “sector perform” rating for the company in a research report on Wednesday, February 11th. KeyCorp downgraded Cloudflare from an “overweight” rating to a “hold” rating in a research report on Wednesday, April 15th. The Goldman Sachs Group downgraded Cloudflare from a “buy” rating to a “sell” rating in a research report on Wednesday, April 15th. Piper Sandler reissued an “overweight” rating and set a $250.00 price objective (up from $222.00) on shares of Cloudflare in a research report on Friday. Finally, Jefferies Financial Group initiated coverage on Cloudflare in a research report on Wednesday, April 15th. They set a “buy” rating for the company.

Insider Activity at Cloudflare

In other news, insider Michelle Zatlyn sold 35,080 shares of Cloudflare stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $187.39, for a total transaction of $6,573,641.20. Following the sale, the insider owned 34,514 shares in the company, valued at approximately $6,467,578.46. The trade was a 50.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Thomas J. Seifert sold 41,557 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $185.04, for a total value of $7,689,707.28. Following the completion of the sale, the chief financial officer directly owned 85,452 shares of the company’s stock, valued at $15,812,038.08. The trade was a 32.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 636,246 shares of company stock valued at $125,320,379 over the last three months. 10.89% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cloudflare

Several large investors have recently modified their holdings of NET. Rakuten Investment Management Inc. acquired a new position in shares of Cloudflare during the 3rd quarter worth $138,660,000. Allianz Asset Management GmbH raised its stake in shares of Cloudflare by 322.4% during the 3rd quarter. Allianz Asset Management GmbH now owns 65,182 shares of the company’s stock worth $13,987,000 after buying an additional 49,749 shares during the last quarter. National Pension Service raised its stake in shares of Cloudflare by 1.0% during the 3rd quarter. National Pension Service now owns 618,662 shares of the company’s stock worth $132,759,000 after buying an additional 5,939 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Cloudflare by 25.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,639,661 shares of the company’s stock worth $323,259,000 after buying an additional 336,768 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Cloudflare by 20.1% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 170,186 shares of the company’s stock valued at $36,520,000 after purchasing an additional 28,495 shares during the last quarter. 82.68% of the stock is owned by institutional investors and hedge funds.

Cloudflare Price Performance

NET stock opened at $196.56 on Monday. The business has a fifty day moving average of $204.88 and a two-hundred day moving average of $200.83. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 1.35. The stock has a market cap of $69.18 billion, a price-to-earnings ratio of -786.22 and a beta of 1.67. Cloudflare has a 52-week low of $130.20 and a 52-week high of $260.00.

Cloudflare (NYSE:NET) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. Cloudflare had a negative net margin of 3.72% and a negative return on equity of 5.84%. The firm had revenue of $639.76 million for the quarter, compared to analyst estimates of $620.83 million. During the same period in the prior year, the business posted $0.16 EPS. The business’s revenue for the quarter was up 33.5% compared to the same quarter last year. 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, research analysts anticipate that Cloudflare will post -0.11 earnings per share for the current year.

Cloudflare News Summary

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Cloudflare reported first-quarter EPS of $0.25 and revenue of about $639.8 million, both above Wall Street expectations, with revenue up 33.5% year over year. Article Title
• Positive Sentiment: The company lifted its full-year 2026 outlook, signaling continued confidence in longer-term demand despite the post-earnings drop. Article Title
• Neutral Sentiment: Piper Sandler raised its price target to $250 and kept an Overweight rating, suggesting some analysts still see upside after the pullback. Article Title
• Neutral Sentiment: Cloudflare also highlighted AI as a major long-term growth driver and said it is shifting toward an AI-first operating model, which could improve efficiency over time. Article Title
• Negative Sentiment: The company said it will cut about 1,100 jobs, or roughly 20% of its workforce, as it restructures around AI, raising concerns about disruption and execution risk. Article Title
• Negative Sentiment: Investors were disappointed that Cloudflare’s near-term revenue guidance came in just below expectations, fueling fears that growth may slow as AI infrastructure costs pressure margins. Article Title

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.