15-min delayed · Sep 9, 2:30 PM ET · Get real-time quotes →
The Quantellect read.Of the 22 firms covering Cloudflare Inc, 17 rate it Buy or better, 4 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $160.00 to $400.00 (about 2.5x), a sign of real disagreement on valuation. The average target of $332.48 sits 5% above the current $316.61. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 2 to 1 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.38 next quarter toward $1.67 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS22 ratings
Moderate Buy
Strong Buy00%
Buy1777%
Hold418%
Sell15%
Strong Sell00%
Based on 22 analysts giving stock ratings to Cloudflare Inc.
As of Sep, 17 of 22 firms rate NET a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
NET EPS & revenue forecast
EPS · NEXT QUARTER
$0.38
Range $0.36 – $0.42 · 29 analysts · +35% YoY
Next period, 29 analysts expect Cloudflare Inc to earn $0.38 a share (range $0.36 – $0.42), versus $0.28 a year earlier. Full-year consensus is $1.26, growing to $1.67 the year after.
REVENUE · NEXT QUARTER
$798.0M
Range $794.6M – $840.2M · 29 analysts · +30% YoY
Revenue is expected to reach $798.0M (range $794.6M – $840.2M), +29.9% year-over-year. Full-year consensus is $2.9B, rising to $3.7B next year.
Top analysts covering Cloudflare Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NET.
#1
Patrick Walravens
JMP Securities · Rank #452
Buy
$394.00+24.4% to target
Overall win rate
15%
+ Follow
#2
Gray Powell
BTIG
Buy
$382.00+20.7% to target
Coverage
—
+ Follow
#3
James Fish
Piper Sandler
Buy
$333.00+5.2% to target
Coverage
—
+ Follow
#4
Saket Kalia
Barclays
Buy
$355.00+12.1% to target
Coverage
—
+ Follow
#5
Matthew Hedberg
RBC Capital
Buy
$346.00+9.3% to target
Coverage
—
+ Follow
NET stock forecast FAQ
What is NET's average 12-month price target?+
The 21 analysts with a live target average $332.48 for Cloudflare Inc over the next 12 months, ranging from a $400.00 high to a $160.00 low.
Is NET stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 22 analyst ratings, 17 are Buy or Strong Buy, 4 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for NET?+
The Street-high target is $400.00 (Citigroup), and the Street-low is $160.00 (Guggenheim). The average of all 21 active targets is $332.48.
How many Wall Street analysts cover NET?+
22 analysts have an active rating on Cloudflare Inc, and 21 firms carry a live 12-month price target.
Who is the most accurate analyst covering NET?+
Among analysts who currently cover NET, Patrick Walravens of JMP Securities has the strongest overall Quantellect track record (Rank #452). Their current call is Buy with a $394.00 target.
What is Cloudflare Inc's projected EPS for next quarter?+
The consensus estimate is $0.38 per share (range $0.36 – $0.42) across 29 analysts. Full-year EPS is projected at $1.26, rising to $1.67 the following year.
How much revenue is Cloudflare Inc expected to report next quarter?+
Consensus revenue is $798.0M (range $794.6M – $840.2M). Full-year revenue is projected at $2.9B, growing to $3.7B next year.
Have analysts been upgrading or downgrading NET lately?+
As of Sep, 17 of 22 firms rate NET a Buy (4 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NET calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
