Cloudflare (NET)
(Delayed Data from NYSE)
$87.88 USD
+3.19 (3.77%)
Updated Apr 23, 2024 03:59 PM ET
After-Market: $87.89 +0.01 (0.01%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth A Momentum B VGM
Cloudflare (NET) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$94.24 | $135.00 | $45.00 | 7.24% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Cloudflare comes to $94.24. The forecasts range from a low of $45.00 to a high of $135.00. The average price target represents an increase of 11.28% from the last closing price of $84.69.
Analyst Price Targets (25)
Broker Rating
Cloudflare currently has an average brokerage recommendation (ABR) of 2.59 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 27 brokerage firms. The current ABR compares to an ABR of 2.54 a month ago based on 28 recommendations.
Of the 27 recommendations deriving the current ABR, eight are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 29.63% and 7.41% of all recommendations. A month ago, Strong Buy made up 32.14%, while Buy represented 7.14%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 8 | 8 | 9 | 9 | 9 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 13 | 13 | 13 | 13 | 13 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 3 | 3 | 3 | 3 | 3 |
ABR | 2.59 | 2.59 | 2.54 | 2.54 | 2.54 |
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 |
---|---|---|---|---|
4/15/2024 | Mizuho SecuritiesUSA | Gregg Moskowitz | Hold | Hold |
2/12/2024 | Cantor Fitzgerald & Co | Yi F Lee | Not Available | Hold |
2/9/2024 | Piper Sandler | James Fish | Hold | Hold |
2/9/2024 | Susquehanna Financial Group | Shyam V Patil | Hold | Hold |
2/9/2024 | Needham & Company | Bruce A Henderson | Moderate Buy | Moderate Buy |
2/9/2024 | Truist Securities | Joel P Fishbein | Strong Buy | Strong Buy |
1/31/2024 | JMP Securities | Trevor J Walsh | Strong Buy | Strong Buy |
1/18/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
1/17/2024 | Capital One Securities | Connor Murphy | Not Available | Hold |
1/7/2024 | BTIG | Gray Powell | Not Available | Hold |
11/3/2023 | William Blair | Jonathan F Ho | Strong Buy | Strong Buy |
10/20/2023 | Macquarie Capital Securities | Frederick Havemeyer | Not Available | Hold |
8/7/2023 | Guggenheim Securities | John S Difucci | Hold | Strong Sell |
7/28/2023 | Robert W. Baird & Co. | Shrenik Kothari | Strong Buy | Strong Buy |
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 | 2.59 |
ABR (Last week) | 2.59 |
# of Recs in ABR | 27 |
Average Target Price | $94.24 |
LT Growth Rate | NA |
Industry | Internet - Software |
Industry Rank by ABR | 63 of 252 |
Current Quarter EPS Est: | 0.13 |