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

OverviewForecast
EarningsDividendOwnership

Analyst price target for NET

Based on 19 analysts offering 12 month price targets for Cloudflare Inc.
Min Forecast
$57.00-25.05%
Avg Forecast
$90.63+19.17%
Max Forecast
$135.00+77.51%

Should I buy or sell NET stock?

Based on 19 analysts offering ratings for Cloudflare Inc.
Hold
Strong Buy
3 analysts 15.79%
Buy
4 analysts 21.05%
Hold
9 analysts 47.37%
Sell
1 analysts 5.26%
Strong Sell
2 analysts 10.53%

Be the first to know when Wall Street analysts revise their NET stock forecasts and price targets.

NET stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-05
lockedlocked$00.00+00.00%2024-08-02
lockedlocked$00.00+00.00%2024-08-02
lockedlocked$00.00+00.00%2024-08-02
lockedlocked$00.00+00.00%2024-08-02
Piper Sandler
Top 34%
67
HoldMaintains$83.00+9.14%2024-08-02
Needham
Top 1%
100
BuyReiterates$135.00+77.51%2024-08-02
Mizuho
Top 7%
94
HoldMaintains$92.00+20.97%2024-07-16
ScotiaBank
Bottom 5%
5
HoldInitiates Coverage On$85.00+11.77%2024-07-08
UBS
Top 24%
77
HoldUpgrades$82.00+7.82%2024-06-25

1 of 2

Forecast return on equity

Is NET forecast to generate an efficient return?
Company
N/A
Industry
64.23%
Market
59.09%

Forecast return on assets

Is NET forecast to generate an efficient return on assets?
Company
N/A
Industry
21.41%

NET earnings per share forecast

What is NET's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
-$0.14
Avg 2 year Forecast
-$0.11
Avg 3 year Forecast
-$0.19

NET revenue forecast

What is NET's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$1.7B+12.23%
Avg 2 year Forecast
$2.1B+42.01%
Avg 3 year Forecast
$2.6B+76.84%
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
20.47%
Industry
13.19%
Market
9.26%
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$76.05$90.63+19.17%Hold
IOT$44.02$43.69-0.75%Buy
ZS$156.78$218.29+39.23%Buy
KSPI$123.34$183.00+48.37%Strong Buy
GDDY$150.00$164.08+9.38%Strong Buy
View Top Software Infrastructure Stocks

Cloudflare Stock Forecast FAQ

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

The consensus among 19 Wall Street analysts covering (NYSE: NET) stock is to Hold NET stock.

Out of 19 analysts, 3 (15.79%) are recommending NET as a Strong Buy, 4 (21.05%) are recommending NET as a Buy, 9 (47.37%) are recommending NET as a Hold, 1 (5.26%) are recommending NET as a Sell, and 2 (10.53%) 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 2024-2026?

(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 12.77%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Cloudflare's earnings in 2024 is -$102,021,000.On average, 9 Wall Street analysts forecast NET's earnings for 2024 to be -$49,341,875, with the lowest NET earnings forecast at -$85,425,684, and the highest NET earnings forecast at -$23,919,191. On average, 8 Wall Street analysts forecast NET's earnings for 2025 to be -$37,587,301, with the lowest NET earnings forecast at -$105,927,848, and the highest NET earnings forecast at $20,502,164.

In 2026, NET is forecast to generate -$64,923,519 in earnings, with the lowest earnings forecast at -$78,591,629 and the highest earnings forecast at -$51,255,410.

What is NET's revenue growth forecast for 2024-2026?

(NYSE: NET) Cloudflare's forecast annual revenue growth rate of 20.47% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 13.19%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Cloudflare's revenue in 2024 is $1,477,674,000.On average, 10 Wall Street analysts forecast NET's revenue for 2024 to be $566,666,829,362, with the lowest NET revenue forecast at $566,372,281,605, and the highest NET revenue forecast at $567,226,538,440. On average, 10 Wall Street analysts forecast NET's revenue for 2025 to be $717,059,770,272, with the lowest NET revenue forecast at $702,199,118,370, and the highest NET revenue forecast at $730,936,318,299.

In 2026, NET is forecast to generate $892,913,665,297 in revenue, with the lowest revenue forecast at $862,252,678,976 and the highest revenue forecast at $916,685,924,502.

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 21.41%.

What is NET's Price Target?

According to 19 Wall Street analysts that have issued a 1 year NET price target, the average NET price target is $90.63, with the highest NET stock price forecast at $135.00 and the lowest NET stock price forecast at $57.00.

On average, Wall Street analysts predict that Cloudflare's share price could reach $90.63 by Aug 5, 2025. The average Cloudflare stock price prediction forecasts a potential upside of 19.17% from the current NET share price of $76.05.

What is NET's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: NET) Cloudflare's current Earnings Per Share (EPS) is -$0.29. On average, analysts forecast that NET's EPS will be -$0.14 for 2024, with the lowest EPS forecast at -$0.25, and the highest EPS forecast at -$0.07. On average, analysts forecast that NET's EPS will be -$0.11 for 2025, with the lowest EPS forecast at -$0.31, and the highest EPS forecast at $0.06. In 2026, NET's EPS is forecast to hit -$0.19 (min: -$0.23, max: -$0.15).

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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