Cloudflare, Inc. (NET)
NYSE: NET · Real-Time Price · USD
243.76
+6.52 (2.75%)
At close: Jun 29, 2026, 4:00 PM EDT
244.40
+0.64 (0.26%)
Pre-market: Jun 30, 2026, 7:37 AM EDT

Cloudflare Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Cloudflare stock has a consensus rating of "Buy" and an average price target of $243.11. The average 1-year stock price forecast is 0.27% lower than the current stock price, while the lowest is $136 (-44.21%) and the highest is $305 (+25.12%).

Price Target: $243.11 (-0.27%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$136$243.11$255$305
Change-44.21%-0.27%+4.61%+25.12%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy151717171616
Buy555766
Hold12101191010
Sell111111
Strong Sell221111
Total353535353434

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Robert W. Baird
Robert W. Baird
Buy
Maintains
$270
BuyMaintains$270+10.76%Jun 15, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$225$250
BuyReiterates$225$250+2.56%Jun 11, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$255
BuyReiterates$255+4.61%Jun 11, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$230
HoldReiterates$230-5.64%Jun 10, 2026
UBS
UBS
Hold
Reiterates
$220$250
HoldReiterates$220$250+2.56%Jun 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.81B
from 2.17B
Increased by 29.75%
Revenue Next Year
3.59B
from 2.81B
Increased by 27.65%
EPS This Year
1.20
from 0.93
Increased by 29.03%
EPS Next Year
1.58
from 1.20
Increased by 31.56%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
656.43M975.24M1.30B1.67B2.17B2.81B
Revenue Growth
52.28%48.57%32.97%28.75%29.85%29.75%
Gross Profit
509.29M742.63M989.74M1.29B1.62B2.06B
Gross Margin
77.59%76.15%76.32%77.32%74.51%73.28%
Operating Income
-127.30M-197.26M-185.49M-139.06M-201.09M421.29M
Net Income
-260.31M-193.38M-183.95M-78.80M-102.27M-95.85M
EPS
----0.931.20
EPS Growth
----24.00%29.03%
Forward PE
--161.73137.82176.23203.14
Free Cash Flow
105.57M74.51M307.83M342.95M381.54M367.20M
No. Analysts
-----32
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High2.9B
Avg2.8B
Low2.8B

Revenue Growth

Revenue Growth202620272028
High
32.6%
Avg
29.7%
Low
28.7%

EPS Forecast

EPS202620272028
High1.33
Avg1.20
Low1.11

EPS Growth

EPS Growth202620272028
High
43.0%
Avg
29.0%
Low
18.9%