Barclays Issues Positive Forecast for Cloudflare (NYSE:NET) Stock Price

Cloudflare (NYSE:NET) had its price target hoisted by analysts at Barclays from $235.00 to $250.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 38.55% from the stock’s current price.

A number of other brokerages also recently issued reports on NET. Mizuho cut their price objective on shares of Cloudflare from $280.00 to $255.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Wolfe Research restated a “peer perform” rating on shares of Cloudflare in a research report on Monday, January 26th. Susquehanna increased their target price on shares of Cloudflare from $205.00 to $260.00 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. Robert W. Baird set a $260.00 target price on Cloudflare and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Oppenheimer initiated coverage on Cloudflare in a research note on Monday, November 10th. They issued an “outperform” rating and a $260.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $233.11.

Cloudflare Stock Performance

NET opened at $180.44 on Wednesday. The company has a current ratio of 2.04, a quick ratio of 2.04 and a debt-to-equity ratio of 1.46. The company has a market cap of $63.20 billion, a price-to-earnings ratio of -601.47, a PEG ratio of 150.60 and a beta of 1.97. Cloudflare has a 12-month low of $89.42 and a 12-month high of $260.00. The company’s 50 day moving average is $191.02 and its 200 day moving average is $205.03.

Cloudflare (NYSE:NET) last posted its earnings results on Tuesday, February 10th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.27 by $0.01. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The firm had revenue of $614.51 million for the quarter, compared to the consensus estimate of $591.67 million. During the same period in the previous year, the firm posted $0.19 EPS. The business’s quarterly revenue was up 33.6% on a year-over-year basis. On average, equities research analysts predict that Cloudflare will post -0.11 EPS for the current year.

Insider Buying and Selling

In other Cloudflare news, CEO Matthew Prince sold 52,384 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $195.32, for a total value of $10,231,642.88. Following the sale, the chief executive officer directly owned 22,175 shares of the company’s stock, valued at approximately $4,331,221. This represents a 70.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michelle Zatlyn sold 35,099 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $199.26, for a total value of $6,993,826.74. Following the sale, the insider owned 24,555 shares of the company’s stock, valued at approximately $4,892,829.30. The trade was a 58.84% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 630,827 shares of company stock worth $124,436,992 over the last 90 days. 10.89% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Norges Bank acquired a new position in Cloudflare in the 4th quarter valued at about $718,316,000. Jennison Associates LLC grew its stake in shares of Cloudflare by 802.6% in the 4th quarter. Jennison Associates LLC now owns 1,863,612 shares of the company’s stock valued at $367,411,000 after purchasing an additional 1,657,144 shares during the last quarter. Groupama Asset Managment purchased a new stake in shares of Cloudflare during the second quarter worth approximately $225,204,000. Vanguard Group Inc. raised its stake in shares of Cloudflare by 2.6% during the third quarter. Vanguard Group Inc. now owns 32,317,249 shares of the company’s stock worth $6,934,958,000 after purchasing an additional 821,684 shares during the last quarter. Finally, KBC Group NV lifted its holdings in shares of Cloudflare by 1,388.7% during the second quarter. KBC Group NV now owns 736,153 shares of the company’s stock worth $144,161,000 after purchasing an additional 686,702 shares during the period. 82.68% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Cloudflare

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Quarterly beats — Cloudflare reported Q4 revenue of $614.5M and EPS $0.28, topping consensus and showing ~34% YoY revenue growth; management framed the quarter as a very strong finish. Read More.
• Positive Sentiment: Large enterprise traction — management disclosed the largest annual contract ever (avg. $42.5M/year) and ~50% growth in new ACV, signaling stronger enterprise sales and sticky recurring revenue. Read More.
• Positive Sentiment: Raised outlook and AI-driven demand — Cloudflare outlined a $2.795B 2026 revenue target and said AI adoption is accelerating demand for its connectivity/cloud services, with management forecasting FY and Q1 sales above Street estimates. Read More. Read More.
• Neutral Sentiment: Conference materials and call available — investors can review the full earnings slide deck and transcript for detail on margins, unit economics and ACV cadence. Read More. Read More.
• Neutral Sentiment: Analyst/coverage notes — coverage pieces highlight Cloudflare’s resilience in an AI-driven software market and its streak of EPS beats, which supports a growth narrative but valuation and profitability remain focal points for investors. Read More.
• Negative Sentiment: Institutional selling — Alfreton Capital cut its Cloudflare stake by ~55% during the period, reducing a previously large holding, which could signal some profit-taking or portfolio reshuffling by an investor. Read More.

Cloudflare Company Profile

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.