Cloudflare, Inc. (NET)

Cloudflare Stock Forecast

Stock Price Forecast

The 26 analysts that cover Cloudflare stock have a consensus rating of "Buy" and an average price target of $222.54, which forecasts a -1.63% decrease in the stock price over the next year. The lowest target is $111 and the highest is $318.

Price Target: $222.54 (-1.63%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$111	$222.54	$245	$318
Change	-50.93%	-1.63%	+8.30%	+40.56%

Analyst Ratings

The average analyst rating for Cloudflare stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25
Strong Buy	7	7	6	6	6	6
Buy	7	9	9	9	9	9
Hold	11	9	8	8	9	9
Sell	1	1	1	1	0	0
Strong Sell	1	2	2	2	2	2
Total	27	28	26	26	26	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Fatima Boolani Citigroup	Citigroup	Strong Buy Maintains $255 → $318	Strong Buy	Maintains	$255 → $318	+40.56%	Nov 3, 2025
Aaron Samuels Susquehanna	Susquehanna	Hold Maintains $205 → $260	Hold	Maintains	$205 → $260	+14.93%	Nov 3, 2025
Andrew Nowinski Wells Fargo	Wells Fargo	Buy Maintains $250 → $265	Buy	Maintains	$250 → $265	+17.14%	Oct 31, 2025
Joseph Gallo Jefferies	Jefferies	Hold Initiates $225 → $250	Hold	Initiates	$225 → $250	+10.51%	Oct 31, 2025
James Fish Piper Sandler	Piper Sandler	Hold Maintains $224 → $249	Hold	Maintains	$224 → $249	+10.06%	Oct 31, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.16B

Increased by 29.43%

from 1.67B

Revenue Next Year

2.75B

Increased by 27.35%

from 2.16B

EPS This Year

0.90

from -0.23

EPS Next Year

1.20

Increased by 33.41%

from 0.90

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	431.06M	656.43M	975.24M	1.30B	1.67B	2.16B	2.75B
Revenue Growth	50.18%	52.28%	48.57%	32.97%	28.75%	29.43%	27.35%
EPS	-0.40	-0.83	-0.59	-0.55	-0.23	0.90	1.20
EPS Growth	-	-	-	-	-	-	33.41%
Forward PE	-	-	-	-	-	250.54	187.79
No. Analysts	-	-	-	-	-	35	35

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.3B	3.1B
Avg	2.2B	2.8B
Low	2.1B	2.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	36.5%	42.8%
Avg	29.4%	27.3%
Low	24.1%	18.5%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.04	2.01
Avg	0.90	1.20
Low	0.80	0.99

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	122.1%
Avg	-	33.4%
Low	-	9.6%

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.