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NYSE: NET
Cloudflare Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NET

Based on 14 analysts offering 12 month price targets for Cloudflare Inc.
Min Forecast
$83.00-35.43%
Avg Forecast
$109.86-14.54%
Max Forecast
$140.00+8.91%

Should I buy or sell NET stock?

Based on 15 analysts offering ratings for Cloudflare Inc.
Buy
Strong Buy
4 analysts 26.67%
Buy
5 analysts 33.33%
Hold
6 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NET stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Argus Research
Top 9%
92
Strong BuyMaintains$140.00+8.91%2021-08-10
JMP Securities
Top 2%
99
BuyMaintains$129.00+0.35%2021-08-09
RBC Capital
Top 2%
99
BuyMaintains$130.00+1.13%2021-08-06
Oppenheimer
Top 8%
93
BuyMaintains$130.00+1.13%2021-08-06
Baird
Top 13%
88
HoldDowngrades$117.00-8.98%2021-08-06
Needham
Top 1%
100
BuyMaintains$140.00+8.91%2021-08-06
BTIG
Top 6%
95
HoldDowngradesN/AN/A2021-07-20
Mizuho
Top 3%
98
HoldMaintains$96.00-25.32%2021-07-12
Cowen & Co.
Top 3%
98
BuyInitiates Coverage On$100.00-22.21%2021-05-27
Jefferies
Top 1%
100
Strong BuyMaintains$85.00-33.88%2021-05-18

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Forecast return on equity

Is NET forecast to generate an efficient return?
Company
-7.51%
Industry
-19.33%
Market
60.49%

Forecast return on assets

Is NET forecast to generate an efficient return on assets?
Company
-4.16%
Industry
16.38%
Market
16.9%

NET earnings per share forecast

What is NET's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
-$0.46+1.11%
Avg 2 year Forecast
-$0.37-17.04%
Avg 3 year Forecast
-$0.19-57.22%

NET revenue forecast

What is NET's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$632.4M+19.2%
Avg 2 year Forecast
$844.2M+59.11%
Avg 3 year Forecast
$1.1B+100.88%
NET's revenue is forecast to grow at an exceptional rate of 26.08% per year
Forecast

NET revenue growth forecast

How is NET forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
26.08%
Industry
11.85%
Market
12.2%
NET's revenues are forecast to grow faster (26.08% per year) than the US Software - Infrastructure industry average (11.85%)
Forecast
NET's revenues are forecast to grow faster (26.08% per year) than the US market average (12.2%)
Forecast

Cloudflare Stock Forecast FAQ

Is Cloudflare Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: NET) stock is to Buy NET stock.

Out of 15 analysts, 4 (26.67%) are recommending NET as a Strong Buy, 5 (33.33%) are recommending NET as a Buy, 6 (40%) are recommending NET as a Hold, 0 (0%) are recommending NET as a Sell, and 0 (0%) are recommending NET as a Strong Sell.

What is NET's earnings growth forecast for 2021-2023?

(NYSE: NET) Cloudflare's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 7.46%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.84%.

Cloudflare's earnings in 2021 is -$135,962,000.On average, 6 Wall Street analysts forecast NET's earnings for 2021 to be $-142,155,782, with the lowest NET earnings forecast at $-168,712,357, and the highest NET earnings forecast at $-118,723,511. On average, 6 Wall Street analysts forecast NET's earnings for 2022 to be $-116,630,228, with the lowest NET earnings forecast at $-162,463,751, and the highest NET earnings forecast at $-87,480,481.

In 2023, NET is forecast to generate $-60,142,831 in earnings, with the lowest earnings forecast at $-93,729,087 and the highest earnings forecast at $-34,367,332.

What is NET's revenue growth forecast for 2021-2023?

(NYSE: NET) Cloudflare's forecast annual revenue growth rate of 26.08% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.85%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.2%.

Cloudflare's revenue in 2021 is $530,571,000.On average, 8 Wall Street analysts forecast NET's revenue for 2021 to be $197,589,976,507, with the lowest NET revenue forecast at $197,140,389,318, and the highest NET revenue forecast at $198,205,776,610. On average, 8 Wall Street analysts forecast NET's revenue for 2022 to be $263,757,088,395, with the lowest NET revenue forecast at $250,225,420,062, and the highest NET revenue forecast at $271,845,596,199.

In 2023, NET is forecast to generate $332,994,452,754 in revenue, with the lowest revenue forecast at $244,239,255,686 and the highest revenue forecast at $372,229,448,697.

What is NET's forecast return on assets (ROA) for 2021-2024?

(NYSE: NET) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 15.81%.

What is NET's Price Target?

According to 14 Wall Street analysts that have issued a 1 year NET price target, the average NET price target is $109.86, with the highest NET stock price forecast at $140.00 and the lowest NET stock price forecast at $83.00.

On average, Wall Street analysts predict that Cloudflare's share price could stay at $109.86 by Aug 10, 2022. The average Cloudflare stock price prediction forecasts a potential downside of N/A from the current NET share price of $128.55.

What is NET's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: NET) Cloudflare's current Earnings Per Share (EPS) is -$0.45. On average, analysts forecast that NET's EPS will be $-0.46 for 2021, with the lowest EPS forecast at $-0.54, and the highest EPS forecast at $-0.38. On average, analysts forecast that NET's EPS will be $-0.37 for 2022, with the lowest EPS forecast at $-0.52, and the highest EPS forecast at $-0.28. In 2023, NET's EPS is forecast to hit $-0.19 (min: $-0.30, max: $-0.11).

What is NET's forecast return on equity (ROE) for 2021-2024?

(NYSE: NET) forecast ROE is N/A, which is considered weak.
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