In recent stock market developments, UBS analyst Roger Boyd has updated his price target for Cloudflare (NET, Financial), reflecting a positive outlook for the company's future performance. The updated price target has been raised from $135.00 to $145.00, representing a 7.41% increase.
Despite the upward adjustment in the price target, the analyst has maintained a "Neutral" rating on Cloudflare (NET, Financial). This indicates that while there is an expectation of potential growth, the stock is projected to perform in line with the overall market.
This announcement was made on May 9th, 2025, and is part of UBS's ongoing assessment of Cloudflare's market position and future prospects. Investors will be paying close attention to this revised price target, as it offers insight into the stock's valuation and potential upside.
For those monitoring Cloudflare (NET, Financial), this development could influence their trading strategies and investment decisions. The increased price target signals confidence in Cloudflare's business strategy and operational execution as observed by UBS.
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 $145.83 with a high estimate of $200.00 and a low estimate of $70.00. The average target implies an upside of 10.19% from the current price of $132.34. 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 2.3, 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 $140.97, suggesting a upside of 6.52% from the current price of $132.34. 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.
