Cloudflare (NET, Financial), a leading company in the tech industry, recently received an updated price target from Oppenheimer. Analyst Param Singh has reiterated an "Outperform" rating for Cloudflare, raising the price target from $165.00 to $200.00 USD. This adjustment reflects a significant increase of 21.21% in the price target, indicating strong confidence in the company's future performance.
The price target revision by Oppenheimer underscores positive sentiment towards Cloudflare's (NET, Financial) strategic initiatives and market position. As of the latest report date on June 5, 2025, Cloudflare continues to maintain its "Outperform" rating, suggesting the analyst's optimism about the company's ability to deliver strong returns.
Investors following Cloudflare (NET, Financial) may find this development noteworthy as it highlights the company's growth potential and the confidence expressed by top analysts in the tech sector.
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 $148.04 with a high estimate of $200.00 and a low estimate of $70.00. The average target implies an downside of 17.62% from the current price of $179.72. 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 $142.75, suggesting a downside of 20.57% from the current price of $179.715. 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.
