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 $237.08. The average 1-year stock price forecast is 0.40% higher than the current stock price, while the lowest is $136 (-42.40%) and the highest is $305 (+29.17%).

Price Target: $237.08 (+0.40%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$136	$237.08	$243	$305
Change	-42.40%	+0.40%	+2.91%	+29.17%

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	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	15	17	17	17	16	16
Buy	5	5	5	7	6	6
Hold	12	10	11	9	10	10
Sell	1	1	1	1	1	1
Strong Sell	2	2	1	1	1	1
Total	35	35	35	35	34	34

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Adam Borg Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $260	Buy	Maintains	$260	+10.11%	Jun 8, 2026
Mark Shmulik Bernstein	Bernstein	Hold Maintains $136	Hold	Maintains	$136	-42.40%	Jun 5, 2026
Andrew Nowinski Wells Fargo	Wells Fargo	Buy Maintains $270	Buy	Maintains	$270	+14.34%	Jun 4, 2026
Sanjit Singh Morgan Stanley	Morgan Stanley	Buy Reiterates $245 → $305	Buy	Reiterates	$245 → $305	+29.17%	Jun 4, 2026
Saket Kalia Barclays	Barclays	Buy Maintains $250	Buy	Maintains	$250	+5.87%	Jun 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.81B

from 2.17B

29.72%

from 2.17B

Revenue Next Year

3.59B

from 2.81B

27.53%

from 2.81B

EPS This Year

1.20

from 0.93

28.77%

from 0.93

EPS Next Year

1.52

from 1.20

27.30%

from 1.20

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	656.43M	975.24M	1.30B	1.67B	2.17B	2.81B
Revenue Growth	52.28%	48.57%	32.97%	28.75%	29.85%	29.72%
Gross Profit	509.29M	742.63M	989.74M	1.29B	1.62B	2.06B
Gross Margin	77.59%	76.15%	76.32%	77.32%	74.51%	73.34%
Operating Income	-127.30M	-197.26M	-185.49M	-139.06M	-201.09M	421.30M
Net Income	-260.31M	-193.38M	-183.95M	-78.80M	-102.27M	-102.34M
EPS	-	-	-	-	0.93	1.20
EPS Growth	-	-	-	-	24.00%	28.77%
Forward PE	-	-	161.73	137.82	176.23	197.17
Free Cash Flow	105.57M	74.51M	307.83M	342.95M	381.54M	366.83M
No. Analysts	-	-	-	-	-	32

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	2.9B
Avg	2.8B
Low	2.8B

Revenue Growth

Revenue Growth	2026	2027	2028
High	32.6%
Avg	29.7%
Low	28.7%

EPS Forecast

EPS	2026	2027	2028
High	1.33
Avg	1.20
Low	1.11

EPS Growth

EPS Growth	2026	2027	2028
High	43.0%
Avg	28.8%
Low	18.9%