Cloudflare (NYSE:NET) Price Target Lowered to $260.00 at Citigroup

Cloudflare (NYSE:NET) had its target price lowered by Citigroup from $318.00 to $260.00 in a report released on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

NET has been the subject of a number of other research reports. Cantor Fitzgerald boosted their price target on Cloudflare from $199.00 to $224.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Cloudflare in a report on Wednesday, October 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a $225.00 target price on shares of Cloudflare in a research report on Tuesday, December 16th. Susquehanna lifted their price target on shares of Cloudflare from $205.00 to $260.00 and gave the company a “neutral” rating in a research report on Monday, November 3rd. Finally, Needham & Company LLC boosted their price objective on shares of Cloudflare from $240.00 to $285.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $230.26.

Cloudflare Price Performance

NYSE NET opened at $184.41 on Friday. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $64.60 billion, a PE ratio of -614.70, a price-to-earnings-growth ratio of 121.12 and a beta of 1.96. Cloudflare has a 12-month low of $89.42 and a 12-month high of $260.00. The company has a 50 day moving average price of $200.18 and a two-hundred day moving average price of $206.25.

Cloudflare (NYSE:NET) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. Cloudflare had a negative net margin of 5.12% and a negative return on equity of 6.54%. The company had revenue of $562.03 million for the quarter, compared to analyst estimates of $544.65 million. During the same quarter in the prior year, the business posted $0.20 EPS. Cloudflare’s quarterly revenue was up 30.7% on a year-over-year basis. Cloudflare has set its Q4 2025 guidance at 0.270-0.270 EPS and its FY 2025 guidance at 0.910-0.910 EPS. As a group, equities analysts predict that Cloudflare will post -0.11 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Michelle Zatlyn sold 35,099 shares of the business’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $199.26, for a total transaction of $6,993,826.74. Following the transaction, the insider owned 24,555 shares in the company, valued at approximately $4,892,829.30. The trade was a 58.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Matthew Prince sold 52,384 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $195.32, for a total transaction of $10,231,642.88. Following the transaction, the chief executive officer directly owned 22,175 shares of the company’s stock, valued at $4,331,221. This represents a 70.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 634,213 shares of company stock valued at $125,864,394. 10.89% of the stock is owned by company insiders.

Hedge Funds Weigh In On Cloudflare

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. LeConte Wealth Management LLC lifted its position in shares of Cloudflare by 15.8% in the 4th quarter. LeConte Wealth Management LLC now owns 3,794 shares of the company’s stock worth $748,000 after acquiring an additional 519 shares during the period. Nisa Investment Advisors LLC boosted its stake in Cloudflare by 16.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 25,933 shares of the company’s stock worth $5,113,000 after buying an additional 3,658 shares in the last quarter. Jamison Private Wealth Management Inc. increased its holdings in Cloudflare by 8.7% in the 4th quarter. Jamison Private Wealth Management Inc. now owns 2,012 shares of the company’s stock valued at $397,000 after buying an additional 161 shares during the period. Affinity Wealth Management LLC raised its stake in shares of Cloudflare by 4.2% in the 4th quarter. Affinity Wealth Management LLC now owns 20,753 shares of the company’s stock valued at $4,091,000 after buying an additional 832 shares in the last quarter. Finally, Silver Oak Securities Incorporated raised its stake in shares of Cloudflare by 5.5% in the 4th quarter. Silver Oak Securities Incorporated now owns 1,090 shares of the company’s stock valued at $218,000 after buying an additional 57 shares in the last quarter. 82.68% of the stock is currently owned by institutional investors.

More Cloudflare News

Here are the key news stories impacting Cloudflare this week:

• Positive Sentiment: Acquisition — Cloudflare announced it has hired The Astro Technology Company team (creators of the Astro web framework), a deal that strengthens its developer tooling and edge web‑development capabilities. Read More.
• Positive Sentiment: Acquisition — Cloudflare is acquiring Human Native, an AI data marketplace intended to help AI developers find, access and buy high‑quality training data — a clear strategic push into AI monetization that traders view as growth‑positive. Read More.
• Neutral Sentiment: Analyst action — Citigroup lowered its price target from $318 to $260 but kept a “buy” rating (the new target still implies material upside versus current levels), so the move partially trims enthusiasm while leaving a constructive stance. Read More.
• Neutral Sentiment: Street consensus — The analyst mix remains skewed positive (many Buy/outperform ratings) with a MarketBeat consensus target near the low‑to‑mid‑$200s, keeping expectations for upside but showing varied conviction.
• Negative Sentiment: Insider selling — CEO Michelle Zatlyn disclosed sizeable share sales (25,641 shares on Jan. 13 and Jan. 15 in filings), which can spook some investors as liquidity‑taking or signal near‑term confidence differences. Read More.
• Negative Sentiment: Other insider disposition — A separate disclosure shows Rep. Gilbert Ray Cisneros Jr. sold shares recently, adding to the stream of insider exits. Read More.
• Negative Sentiment: Negative third‑party voice — Weiss Ratings included Cloudflare on a “sell” list, which may pressure sentiment among retail investors who follow such services. Read More.
• Negative Sentiment: Company report risk — A recent Cloudflare report flagged a potential “technical glass ceiling” for AI growth and cybersecurity implications, which could raise execution concerns for investors focused on AI upside. Read More.

About Cloudflare

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.