In a recent development, Wells Fargo analyst Andrew Nowinski has taken a positive stance on Cloudflare (NET, Financial) by increasing the stock's price target. The new price target set by the analyst is $225.00, up from the previous target of $200.00. This adjustment reflects a 12.50% increase in the price target, underlining the analyst's confidence in Cloudflare's prospects.
According to Wells Fargo, the rating for Cloudflare (NET, Financial) remains at "Overweight," consistent with the prior assessment. This rating suggests that the stock is expected to perform better than the average return of securities with the same rating over the long term.
The report, issued on July 21, 2025, indicates a continued bullish outlook on Cloudflare (NET, Financial) as the company advances its position in the technology sector. Investors may find this update influential in gauging their investment strategies involving Cloudflare (NET).
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 $168.67 with a high estimate of $240.00 and a low estimate of $70.00. The average target implies an downside of 15.16% from the current price of $198.80. More detailed estimate data can be found on the Cloudflare Inc (NET) Forecast page.
Based on the consensus recommendation from 35 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 $145.52, suggesting a downside of 26.8% from the current price of $198.8. 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.
