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

Analyst price target for NET

Based on 16 analysts offering 12 month price targets for Cloudflare Inc.
Min Forecast
$52.00-47.18%
Avg Forecast
$99.31+0.88%
Max Forecast
$135.00+37.13%

Should I buy or sell NET stock?

Based on 16 analysts offering ratings for Cloudflare Inc.
Buy
Strong Buy
4 analysts 25%
Buy
3 analysts 18.75%
Hold
8 analysts 50%
Sell
1 analysts 6.25%
Strong Sell
0 analysts 0%

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NET stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-13
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2024-02-12
lockedlocked$00.00+00.00%2024-02-09
lockedlocked$00.00+00.00%2024-02-09
JP Morgan
Top 7%
94
HoldMaintains$90.00-8.58%2024-02-09
Mizuho
Top 4%
97
HoldMaintains$105.00+6.65%2024-02-09
RBC Capital
Top 1%
100
BuyMaintains$108.00+9.70%2024-02-09
Susquehanna
Bottom 37%
37
HoldMaintains$115.00+16.81%2024-02-09
Wells Fargo
Top 9%
92
Strong BuyMaintains$125.00+26.97%2024-02-09

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Forecast return on equity

Is NET forecast to generate an efficient return?
Company
N/A
Industry
49.41%
Market
37.62%

Forecast return on assets

Is NET forecast to generate an efficient return on assets?
Company
N/A
Industry
25.02%

NET revenue forecast

What is NET's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.6B+27.2%
Avg 2 year Forecast
$2.1B+61.36%
Avg 3 year Forecast
$2.6B+102.16%
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
25.75%
Industry
12.44%
Market
10%
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$98.45$99.31+0.88%Buy
MDB$451.52$450.52-0.22%Strong Buy
ZS$235.23$212.97-9.46%Strong Buy
SPLK$155.55$137.58-11.55%Buy
FLT$281.20$302.27+7.49%Buy

Cloudflare Stock Forecast FAQ

Is Cloudflare Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 16 Wall Street analysts covering (NYSE: NET) stock is to Buy NET stock.

Out of 16 analysts, 4 (25%) are recommending NET as a Strong Buy, 3 (18.75%) are recommending NET as a Buy, 8 (50%) are recommending NET as a Hold, 1 (6.25%) are recommending NET as a Sell, and 0 (0%) 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 revenue growth forecast for 2024-2026?

(NYSE: NET) Cloudflare's forecast annual revenue growth rate of 25.75% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 12.44%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10%.

Cloudflare's revenue in 2024 is $1,296,745,000.On average, 10 Wall Street analysts forecast NET's revenue for 2024 to be $556,962,171,443, with the lowest NET revenue forecast at $554,605,309,913, and the highest NET revenue forecast at $557,644,243,118. On average, 10 Wall Street analysts forecast NET's revenue for 2025 to be $706,539,139,111, with the lowest NET revenue forecast at $682,308,036,372, and the highest NET revenue forecast at $724,279,080,525.

In 2026, NET is forecast to generate $885,173,710,768 in revenue, with the lowest revenue forecast at $869,810,215,120 and the highest revenue forecast at $900,537,206,415.

What is NET's forecast return on assets (ROA) for 2024-2027?

(NYSE: NET) forecast ROA is N/A, which is lower than the forecast US Software - Infrastructure industry average of 25.02%.

What is NET's Price Target?

According to 16 Wall Street analysts that have issued a 1 year NET price target, the average NET price target is $99.31, with the highest NET stock price forecast at $135.00 and the lowest NET stock price forecast at $52.00.

On average, Wall Street analysts predict that Cloudflare's share price could reach $99.31 by Feb 13, 2025. The average Cloudflare stock price prediction forecasts a potential upside of 0.88% from the current NET share price of $98.45.

What is NET's forecast return on equity (ROE) for 2024-2027?

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