
Cloudflare (NET) Stock Forecast & Price Target
Cloudflare (NET) Analyst Ratings
Bulls say
Cloudflare has demonstrated significant growth metrics, with a 33% year-over-year increase in paying customers, reaching approximately 296,000. The company's revenue surged by 31% year-over-year to $562 million, surpassing management’s guidance and reflecting strong customer demand across its services. Additionally, robust metrics such as a 43% year-over-year increase in Remaining Performance Obligations (RPO) and improved net dollar-based net retention rate (DBNRR) of 119% indicate a solid trajectory for future revenue growth and customer satisfaction.
Bears say
The financial analysis highlights a noteworthy decline in Cloudflare's incremental profitability, suggesting that projections for 2026 may need adjustment downward, indicating potential struggles to meet future earnings expectations. Additionally, a decrease in gross margins due to an increased ratio of paid versus free traffic has raised cost allocations, which reflects ongoing concerns regarding operational efficiency. Furthermore, the current sentiment in the market against high-growth stocks with extended timelines to profitability poses a significant valuation risk for Cloudflare, especially given its elevated price-to-sales ratio compared to peers.
This aggregate rating is based on analysts' research of Cloudflare and is not a guaranteed prediction by Public.com or investment advice.
Cloudflare (NET) Analyst Forecast & Price Prediction
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