Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
112.69
+4.11 (3.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
Cloudflare Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Cloudflare stock have an average target of 98.72, with a low estimate of 57 and a high estimate of 136. The average target predicts a decrease of -12.40% from the current stock price of 112.69.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Cloudflare stock from 26 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Buy | 5 | 5 | 5 | 5 | 5 | 6 |
| Hold | 11 | 11 | 11 | 11 | 11 | 11 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 23 | 23 | 23 | 24 | 24 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $100 → $125 | Hold | Maintains | $100 → $125 | +10.92% | Dec 19, 2024 |
| Stifel | Stifel | Hold → Strong Buy Upgrades $95 → $136 | Hold → Strong Buy | Upgrades | $95 → $136 | +20.69% | Dec 17, 2024 |
| Mizuho | Mizuho | Hold Maintains $102 → $125 | Hold | Maintains | $102 → $125 | +10.92% | Dec 13, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $92 → $130 | Hold → Buy | Upgrades | $92 → $130 | +15.36% | Dec 2, 2024 |
| UBS | UBS | Hold Maintains $88 → $95 | Hold | Maintains | $88 → $95 | -15.70% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
1.68B
from 1.30B
Increased by 29.40%
Revenue Next Year
2.11B
from 1.68B
Increased by 25.74%
EPS This Year
0.75
from -0.55
EPS Next Year
0.86
from 0.75
Increased by 14.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.8B | 2.3B | 3.0B | |||
| Avg | 1.7B | 2.1B | 2.6B | |||
| Low | 1.6B | 2.0B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 35.2% | 36.3% | 39.8% | |||
| Avg | 29.4% | 25.7% | 25.5% | |||
| Low | 25.5% | 18.2% | 17.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 0.83 | 1.17 | 1.46 | |||
| Avg | 0.75 | 0.86 | 1.08 | |||
| Low | 0.72 | 0.74 | 0.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 54.9% | 69.3% | |||
| Avg | - | 14.6% | 24.8% | |||
| Low | - | -2.3% | -9.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.