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

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OverviewForecast
EarningsDividendOwnership

Analyst price target for NET

Based on 17 analysts offering 12 month price targets for Cloudflare Inc.
Min Forecast
$42.00-24.06%
Avg Forecast
$98.18+77.5%
Max Forecast
$200.00+261.6%

Should I buy or sell NET stock?

Based on 17 analysts offering ratings for Cloudflare Inc.
Buy
Strong Buy
2 analysts 11.76%
Buy
5 analysts 29.41%
Hold
9 analysts 52.94%
Sell
0 analysts 0%
Strong Sell
1 analysts 5.88%

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NET stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Moffett Nathanson
Top 18%
83
Strong BuyInitiates Coverage On$114.00+106.11%2022-09-22
Cantor Fitzgerald
Top 11%
90
HoldInitiates Coverage On$65.00+17.52%2022-09-08
Guggenheim
Top 8%
93
HoldInitiates Coverage On$82.00+48.26%2022-08-12Find out why
Piper Sandler
Bottom 11%
11
HoldMaintains$73.00+31.98%2022-08-05Find out why
RBC Capital
Bottom 1%
1
BuyMaintains$74.00+33.79%2022-08-05Find out why
Mizuho
Bottom 4%
4
HoldMaintains$85.00+53.68%2022-08-05Find out why
Citigroup
Top 21%
80
HoldMaintains$60.00+8.48%2022-07-22
Wells Fargo
Top 18%
83
HoldMaintains$42.00-24.06%2022-07-18
Evercore ISI Group
Top 10%
91
BuyMaintains$65.00+17.52%2022-06-28
Jefferies
Top 7%
94
HoldMaintains$55.00-0.56%2022-05-23

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Forecast return on equity

Is NET forecast to generate an efficient return?
Company
N/A
Industry
86.51%
Market
121.74%

Forecast return on assets

Is NET forecast to generate an efficient return on assets?
Company
N/A
Industry
23.56%

NET earnings per share forecast

What is NET's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
-$0.51
Avg 2 year Forecast
-$0.51
Avg 3 year Forecast
-$0.50

NET revenue forecast

What is NET's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$971.4M+19.54%
Avg 2 year Forecast
$1.3B+62.35%
Avg 3 year Forecast
$1.7B+114.58%
NET's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NET revenue growth forecast

How is NET forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
28.08%
Industry
13.24%
Market
8.59%
NET's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NET's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NET vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
NET$55.31$98.18+77.50%Buy
VRSN$173.70$210.00+20.90%Hold
PLTR$8.13$12.50+53.75%Hold
CHKP$112.02$140.00+24.98%Hold
MDB$198.56$392.68+97.77%Strong Buy
View Top Software Infrastructure Stocks

Cloudflare Stock Forecast FAQ

Is Cloudflare Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: NET) stock is to Buy NET stock.

Out of 17 analysts, 2 (11.76%) are recommending NET as a Strong Buy, 5 (29.41%) are recommending NET as a Buy, 9 (52.94%) are recommending NET as a Hold, 0 (0%) are recommending NET as a Sell, and 1 (5.88%) are recommending NET as a Strong Sell.

If you're new to stock investing, here's how to buy Cloudflare stock.

What is NET's earnings growth forecast for 2022-2024?

(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 12.59%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.88%.

Cloudflare's earnings in 2022 is -$289,754,000.On average, 8 Wall Street analysts forecast NET's earnings for 2022 to be -$167,004,801, with the lowest NET earnings forecast at -$186,652,425, and the highest NET earnings forecast at -$121,160,346. On average, 8 Wall Street analysts forecast NET's earnings for 2023 to be -$167,004,801, with the lowest NET earnings forecast at -$196,476,237, and the highest NET earnings forecast at -$121,160,346.

In 2024, NET is forecast to generate -$163,730,198 in earnings, with the lowest earnings forecast at -$173,554,009 and the highest earnings forecast at -$153,906,386.

What is NET's revenue growth forecast for 2022-2024?

(NYSE: NET) Cloudflare's forecast annual revenue growth rate of 28.08% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 13.24%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.59%.

Cloudflare's revenue in 2022 is $812,627,000.On average, 9 Wall Street analysts forecast NET's revenue for 2022 to be $318,092,080,559, with the lowest NET revenue forecast at $317,603,837,111, and the highest NET revenue forecast at $318,946,424,730. On average, 9 Wall Street analysts forecast NET's revenue for 2023 to be $432,008,020,391, with the lowest NET revenue forecast at $414,564,860,070, and the highest NET revenue forecast at $445,182,407,003.

In 2024, NET is forecast to generate $571,007,426,479 in revenue, with the lowest revenue forecast at $560,772,651,834 and the highest revenue forecast at $581,242,201,125.

What is NET's forecast return on assets (ROA) for 2022-2025?

(NYSE: NET) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 23.56%.

What is NET's Price Target?

According to 17 Wall Street analysts that have issued a 1 year NET price target, the average NET price target is $98.18, with the highest NET stock price forecast at $200.00 and the lowest NET stock price forecast at $42.00.

On average, Wall Street analysts predict that Cloudflare's share price could reach $98.18 by Sep 22, 2023. The average Cloudflare stock price prediction forecasts a potential upside of 77.5% from the current NET share price of $55.31.

What is NET's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: NET) Cloudflare's current Earnings Per Share (EPS) is -$0.91. On average, analysts forecast that NET's EPS will be -$0.51 for 2022, with the lowest EPS forecast at -$0.57, and the highest EPS forecast at -$0.37. On average, analysts forecast that NET's EPS will be -$0.51 for 2023, with the lowest EPS forecast at -$0.60, and the highest EPS forecast at -$0.37. In 2024, NET's EPS is forecast to hit -$0.50 (min: -$0.53, max: -$0.47).

What is NET's forecast return on equity (ROE) for 2022-2025?

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