Keybanc analyst Jackson Ader has initiated coverage on Cloudflare (NET, Financial) with an "Overweight" rating. This new rating reflects a positive outlook on the company's future performance in the market.
As part of the coverage initiation, Keybanc has set a price target of $210.00 USD for Cloudflare (NET, Financial). The price target suggests potential growth and indicates confidence in Cloudflare's business model and strategic initiatives.
The rating and price target were announced on June 6, 2025, marking a significant development for investors and market watchers interested in Cloudflare (NET, Financial). This move comes as Cloudflare continues to expand its footprint in the cloud services sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 29 analysts, the average target price for Cloudflare Inc (NET, Financial) is $151.39 with a high estimate of $210.00 and a low estimate of $70.00. The average target implies an downside of 16.16% from the current price of $180.56. 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 20.94% from the current price of $180.56. 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.
