48/100B268.62
USD
23.63
(9.65%)
Post Trading·269.48USD+0.86(+0.32%)
Last updated: · Delayed 15 min
Cloudflare stock forecast 2026–2028What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Cloudflare is 347.25, 29.3% above the current price of 268.62. Their targets range from 190.00 to 430.00.
Of the 24 firms that rated Cloudflare in the past 12 months, 18 rate it buy or strong buy, 5 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
12-month price target
347.25 USD
+29.27%
Analysts' 1-year price targets range from 190.00 to 430.00, with an average of 347.25.
Past year
1-year forecast
Strong sellStrong buy
Buy
24 ratings
| Buy | 18 | |
| Hold | 5 | |
| Sell | 1 |
12-month price target
| Highest target | 430.00 |
| Average target | 347.25 |
| Lowest target | 190.00 |
| Current price | 268.62 |
Cloudflare price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Cloudflare price target and rating?
See how analysts moved their price target
How analysts rate Cloudflare, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
18 of 24 firms rate it buy now, against 17 of 27 in December 2025.
Buy Hold Sell
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Cloudflare analyst upgrades, downgrades and price targets
The latest rating change came on 6 November 2026, when Wolfe Research upgraded Cloudflare from Peer Perform to Outperform. The most recent new target came from RBC Capital on 6 November 2026: 350.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 6 Nov 2026 | RBC Capital Matt Hedberg | Reiterated · Outperform | 290.00 → 350.00 | +20.7% | 274.48 |
| 6 Nov 2026 | Piper Sandler James Fish | Reiterated · Overweight | 250.00 → 337.00 | +34.8% | 273.49 |
| 6 Nov 2026 | Cantor Fitzgerald Thomas Blakey | Reiterated · Neutral | 340.00 → 310.00 | -8.8% | 273.38 |
| 6 Nov 2026 | Guggenheim John DiFucci | Reiterated · Sell | 160.00 → 190.00 | +18.8% | 245.18 |
| 6 Nov 2026 | Jefferies Joseph Gallo | Reiterated · Hold | 350.00 → 315.00 | -10.0% | 245.18 |
| 6 Nov 2026 | Goldman Sachs Gabriela Borges | — | 389.00 → 420.00 | +8.0% | 245.18 |
| 6 Nov 2026 | Wolfe Research | Upgraded · Peer Perform → Outperform | — | — | — |
| 3 Nov 2026 | JP Morgan | Upgraded · Neutral → Overweight | — | — | — |
| 29 Oct 2026 | Bernstein | Reiterated · Market Perform | 181.00 → 245.00 | +35.4% | 305.47 |
| 12 Oct 2026 | Barclays | Reiterated · Overweight | 355.00 → 400.00 | +12.7% | 361.00 |
| 9 Oct 2026 | Oppenheimer Param Singh | Reiterated · Outperform | 380.00 → 430.00 | +13.2% | 341.70 |
| 6 Oct 2026 | BTIG Gray Powell | Reiterated · Buy | 382.00 → 413.00 | +8.1% | 359.60 |
| 5 Oct 2026 | Cantor Fitzgerald Thomas Blakey | — | 250.00 → 340.00 | +36.0% | 348.96 |
| 17 Sept 2026 | Bernstein | Reiterated · Market Perform | 136.00 → 181.00 | +33.1% | 324.97 |
| 10 Aug 2026 | Susquehanna | Reiterated · Neutral | 200.00 → 300.00 | +50.0% | 299.41 |
| 7 Aug 2026 | Truist Financial Junaid Sidd | Reiterated · Buy | 300.00 → 350.00 | +16.7% | 306.24 |
| 7 Aug 2026 | Needham | Reiterated · Buy | 250.00 → 380.00 | +52.0% | 304.33 |
| 7 Aug 2026 | Scotiabank | Reiterated · Sector Outperform | 300.00 → 390.00 | +30.0% | 303.23 |
| 7 Aug 2026 | Morgan Stanley | — | 305.00 → 370.00 | +21.3% | 304.79 |
| 7 Aug 2026 | Robert W. Baird Shrenik Kothari | — | 260.00 → 330.00 | +26.9% | 303.41 |
| 7 Aug 2026 | Oppenheimer Param Singh | Reiterated · Outperform | 330.00 → 380.00 | +15.2% | 323.37 |
| 7 Aug 2026 | Guggenheim | Reiterated · Sell | 140.00 → 160.00 | +14.3% | 284.43 |
| 7 Aug 2026 | UBS Roger Boyd | Reiterated · Neutral | 250.00 → 350.00 | +40.0% | 284.43 |
| 7 Aug 2026 | BTIG Gray Powell | Reiterated · Buy | 314.00 → 382.00 | +21.7% | 284.43 |
| 7 Aug 2026 | Wells Fargo Ryan MacWilliams | Reiterated · Overweight | 380.00 | — | 284.43 |
| 7 Aug 2026 | Goldman Sachs | — | 389.00 | — | 284.43 |
| 7 Aug 2026 | KeyBanc | Reiterated · Overweight | 300.00 → 375.00 | +25.0% | 284.43 |
| 7 Aug 2026 | Jefferies Joseph Gallo | — | 290.00 → 350.00 | +20.7% | 284.43 |
| 7 Aug 2026 | Barclays Saket Kalia | Reiterated · Overweight | 300.00 → 355.00 | +18.3% | 284.43 |
| 4 Aug 2026 | Jefferies | — | 185.00 → 290.00 | +56.8% | 282.91 |
| 3 Aug 2026 | Cantor Fitzgerald Thomas Blakey | — | 230.00 → 250.00 | +8.7% | 285.49 |
| 23 Jul 2026 | Oppenheimer Param Singh | Reiterated · Outperform | 260.00 → 330.00 | +26.9% | 265.51 |
| 21 Jul 2026 | Truist Financial | Reiterated · Buy | 250.00 → 300.00 | +20.0% | 272.36 |
| 16 Jul 2026 | RBC Capital | — | 260.00 → 290.00 | +11.5% | 273.25 |
| 15 Jul 2026 | Mizuho Securities Gregg Moskowitz | Reiterated · Outperform | 260.00 → 310.00 | +19.2% | 281.75 |
| 13 Jul 2026 | Barclays | Reiterated · Overweight | 250.00 → 300.00 | +20.0% | 268.40 |
| 10 Jul 2026 | BTIG | Reiterated · Buy | 269.00 → 314.00 | +16.7% | 275.58 |
| 7 Jul 2026 | Scotiabank | Upgraded · Sector Perform → Sector Outperform | 225.00 → 300.00 | +33.3% | 247.55 |
| 11 Jun 2026 | Truist Financial Junaid Sidd | Reiterated · Buy | 225.00 → 250.00 | +11.1% | 222.43 |
| 10 Jun 2026 | Bernstein Peter Weed | — | 136.00 | — | 223.48 |
| 10 Jun 2026 | RBC Capital | Reiterated · Outperform | 240.00 → 260.00 | +8.3% | 229.56 |
| 10 Jun 2026 | UBS | Reiterated · Neutral | 220.00 → 250.00 | +13.6% | 228.59 |
| 10 Jun 2026 | BTIG | Reiterated · Buy | 243.00 → 269.00 | +10.7% | 236.08 |
| 10 Jun 2026 | Cantor Fitzgerald Thomas Blakey | Reiterated · Neutral | 224.00 → 230.00 | +2.7% | 236.08 |
| 10 Jun 2026 | Mizuho Securities Gregg Moskowitz | Reiterated · Outperform | 235.00 → 260.00 | +10.6% | 236.08 |
| 4 Jun 2026 | Morgan Stanley Keith Weiss | — | 245.00 → 305.00 | +24.5% | 265.49 |
| 1 Jun 2026 | Barclays Saket Kalia | — | 235.00 → 250.00 | +6.4% | 241.92 |
| 11 May 2026 | Susquehanna Shyam Patil | Reiterated · Neutral | 190.00 → 200.00 | +5.3% | 195.81 |
| 8 May 2026 | Stifel Nicolaus | — | 275.00 → 260.00 | -5.5% | 257.05 |
| 8 May 2026 | Piper Sandler James Fish | Reiterated · Overweight | 222.00 → 250.00 | +12.6% | 257.05 |
Cloudflare EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
ReportedEstimate
EPS
ReportedEstimate
Does Cloudflare beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 14.1% off the result, either way, and their revenue estimate 2.9%, over the last 12 quarters.
- EPS beats
- 21 / 29
- Revenue beats
- 27 / 29
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +13.7%
- Since
- November 2019
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 5 Nov 2026 | 0.34 | 0.38 | +11.0% | 737.16M | 782.50M | +6.2% |
| Q2 FY2026 | 6 Aug 2026 | 0.27 | 0.29 | +8.0% | 664.67M | 696.06M | +4.7% |
| Q1 FY2026 | 7 May 2026 | 0.23 | 0.25 | +8.4% | 620.83M | 639.76M | +3.0% |
| Q4 FY2025 | 10 Feb 2026 | 0.27 | 0.28 | +3.2% | 591.34M | 614.51M | +3.9% |
| Q3 FY2025 | 30 Oct 2025 | 0.23 | 0.27 | +17.3% | 544.65M | 562.03M | +3.2% |
| Q2 FY2025 | 31 Jul 2025 | 0.18 | 0.21 | +14.5% | 501.27M | 512.32M | +2.2% |
| Q1 FY2025 | 8 May 2025 | 0.16 | 0.16 | -2.3% | 469.28M | 479.09M | +2.1% |
| Q4 FY2024 | 6 Feb 2025 | 0.18 | 0.19 | +5.6% | 452.05M | 459.95M | +1.7% |
| Q3 FY2024 | 7 Nov 2024 | 0.18 | 0.20 | +11.5% | 424.14M | 430.08M | +1.4% |
| Q2 FY2024 | 1 Aug 2024 | 0.14 | 0.20 | +42.0% | 394.11M | 401.00M | +1.7% |
| Q1 FY2024 | 2 May 2024 | 0.13 | 0.16 | +21.4% | 373.24M | 378.60M | +1.4% |
| Q4 FY2023 | 8 Feb 2024 | 0.12 | 0.15 | +23.9% | 353.11M | 362.47M | +2.7% |
Cloudflare stock price 2026–2028: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
There are no price scenarios for Cloudflare: its P/E has been above 60, or from losses, too often in the last five years to price its earnings at, and similar companies' P/Es put its value too far from its price to stand in. The earnings analysts expect are in the estimates above.
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 99.090 | 194.93146Price 99.09244 | +96.7% | |
| 42.225 | 82.9546Price 42.23165 | +96.4% | |
| 186.680 | 360.82271Price 186.68451 | +93.3% | |
| 213.670 | 405.57304Price 213.67507 | +89.8% | |
| 161.160 | 305.51157Price 161.16396 | +89.6% | |
| 160.650 | 300.09225Price 160.65375 | +86.8% | |
| 165.860 | 308.95212Price 165.86442 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.