Cloudflare (NET)
(Real Time Quote from BATS)
$82.84 USD
+4.18 (5.31%)
Updated Jul 23, 2024 12:06 PM ET
3-Hold of 5 3
F Value A Growth B Momentum C VGM
Cloudflare (NET) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$90.33 | $135.00 | $50.00 | 14.84% |
Price Target
Based on short-term price targets offered by 27 analysts, the average price target for Cloudflare comes to $90.33. The forecasts range from a low of $50.00 to a high of $135.00. The average price target represents an increase of 14.84% from the last closing price of $78.66.
Analyst Price Targets (27)
Broker Rating
Cloudflare currently has an average brokerage recommendation (ABR) of 2.55 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 29 brokerage firms. The current ABR compares to an ABR of 2.52 a month ago based on 27 recommendations.
Of the 29 recommendations deriving the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 27.59% and 6.9% of all recommendations. A month ago, Strong Buy made up 29.63%, while Buy represented 7.41%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/NET.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 8 | 8 | 8 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 16 | 16 | 14 | 13 | 13 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 2 | 2 | 2 | 3 | 3 |
ABR | 2.55 | 2.55 | 2.52 | 2.59 | 2.59 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/16/2024 | Not Identified | Not Identified | Not Available | Hold |
7/16/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Hold | Hold |
7/8/2024 | Scotiabank | Patrick Colville | Not Available | Hold |
6/25/2024 | UBS | Roger Boyd | Strong Sell | Hold |
5/31/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
5/31/2024 | Guggenheim Securities | John S Difucci | Strong Sell | Strong Sell |
5/31/2024 | Cantor Fitzgerald & Co | Yi F Lee | Hold | Hold |
5/31/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
5/14/2024 | JMP Securities | Trevor J Walsh | Strong Buy | Strong Buy |
5/9/2024 | Not Identified | Not Identified | Hold | Hold |
5/6/2024 | Susquehanna Financial Group | Shyam V Patil | Hold | Hold |
5/6/2024 | Goldman Sachs | Gabriela Borges | Strong Sell | Strong Sell |
5/3/2024 | Wells Fargo Securities | Andrew J Nowinski | Strong Buy | Strong Buy |
5/3/2024 | Piper Sandler | James Fish | Hold | Hold |
5/3/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
5/3/2024 | Robert W. Baird & Co. | Shrenik Kothari | Strong Buy | Strong Buy |
5/3/2024 | William Blair | Jonathan F Ho | Strong Buy | Strong Buy |
5/3/2024 | Needham & Company | Bruce A Henderson | Moderate Buy | Moderate Buy |
5/2/2024 | Capital One Securities | Connor Murphy | Hold | Hold |
4/1/2024 | Cowen & Co. | Shaul Eyal | Strong Buy | Strong Buy |
3/20/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1/18/2024 | Not Identified | Not Identified | Not Available | Hold |
1/7/2024 | BTIG | Gray Powell | Not Available | Hold |
10/20/2023 | Macquarie Capital Securities | Frederick Havemeyer | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.55 |
ABR (Last week) | 2.55 |
# of Recs in ABR | 29 |
Average Target Price | $90.33 |
LT Growth Rate | NA |
Industry | Internet - Software |
Industry Rank by ABR | 86 of 252 |
Current Quarter EPS Est: | 0.14 |