Morgan Stanley has revised its price target for Cloudflare (NET, Financial), reducing it from $154 to $144 while maintaining an Overweight rating on the company's stock. This adjustment is part of a broader assessment of risk and reward across various software companies, as the firm evaluates uncertainties related to tariff risks and factors already affecting share prices.
The decision reflects Morgan Stanley's strategic recalibration in response to ongoing economic uncertainties, indicating a cautious approach while still expressing confidence in Cloudflare's potential by maintaining the Overweight rating.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for Cloudflare Inc (NET, Financial) is $143.52 with a high estimate of $200.00 and a low estimate of $68.00. The average target implies an upside of 28.14% from the current price of $112.00. More detailed estimate data can be found on the Cloudflare Inc (NET) Forecast page.
Based on the consensus recommendation from 34 brokerage firms, Cloudflare Inc's (NET, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cloudflare Inc (NET, Financial) in one year is $138.19, suggesting a upside of 23.38% from the current price of $112. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cloudflare Inc (NET) Summary page.
