Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
121.56
+1.71 (1.43%)
Jan 22, 2025, 10:40 AM EST - Market open
Cloudflare Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Cloudflare stock have an average target of 107.44, with a low estimate of 57 and a high estimate of 145. The average target predicts a decrease of -11.62% from the current stock price of 121.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cloudflare stock from 26 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 5 | 6 |
| Buy | 5 | 5 | 5 | 5 | 6 | 7 |
| Hold | 11 | 11 | 11 | 11 | 11 | 10 |
| Sell | 1 | 1 | 2 | 2 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Total | 23 | 23 | 24 | 24 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $87 → $110 | Hold | Maintains | $87 → $110 | -9.51% | Jan 21, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $130 → $140 | Buy | Maintains | $130 → $140 | +15.17% | Jan 21, 2025 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $95 → $145 | Hold → Strong Buy | Upgrades | $95 → $145 | +19.28% | Jan 17, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $110 → $135 | Buy | Maintains | $110 → $135 | +11.06% | Jan 7, 2025 |
| RBC Capital | RBC Capital | Buy Maintains $99 → $123 | Buy | Maintains | $99 → $123 | +1.18% | Jan 3, 2025 |
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.