Cloudflare's analyst price target has increased from $209.01 to $232.49. This reflects improved growth and profitability metrics as analysts cite accelerating revenue and strong quarterly performance.

Analyst Commentary

Industry analysts recently adjusted their price targets for Cloudflare, reflecting increased confidence in the company’s growth trajectory and operational performance. Below is a summary of the prevailing bullish and bearish commentary from the most recent research coverage.

• Bullish analysts highlight Cloudflare’s rapid revenue acceleration, with growth surpassing 30% for the first time in over a year and another quarter of outperformance over estimates.
• Recent quarters are seen as especially strong, with continued beats on both revenue and guidance. This reaffirms confidence in both short-term execution and long-term opportunities.
• The company’s guidance for substantial growth in the upcoming quarter, as well as its long-term run-rate target, supports optimism regarding future scalability and market expansion.
• Consistent upward revisions in price targets indicate analysts believe Cloudflare remains well positioned for capital appreciation and sustained momentum.

• Bearish analysts express concerns about actual enterprise adoption of Cloudflare’s newer SASE and edge compute solutions. They observe limited evidence of significant traction in these areas.
• Despite acknowledging performance improvements, some continue to view the stock’s risk-reward profile as balanced and suggest growth expectations may already be reflected in the current valuation.
• A select group of analysts remain on the sidelines and maintain a neutral outlook until there is clearer visibility on widespread adoption beyond core product lines.

What's in the News

• Cloudflare provided earnings guidance for the fourth quarter and full year of 2025, projecting 28% year-over-year revenue growth for both periods. (Corporate Guidance)
• Cloudflare announced a collaboration with leading payments companies including Visa, Mastercard, and American Express. The partnership will introduce new authentication protocols for secure, AI-driven agentic commerce. (Client Announcements)
• The company launched a native integration of its connectivity cloud platform with Oracle Cloud Infrastructure. This integration is designed to enhance security and performance for global customers across hybrid and multicloud environments. (Client Announcements)
• Cloudflare plans to launch NET Dollar, a US dollar-backed stablecoin intended to facilitate instant and secure online transactions for AI agents and creators. (Product-Related Announcements)
• A new partnership with UNICEF-ITU's Giga initiative will use Cloudflare's Speed Test solution to monitor and improve internet connectivity in schools worldwide. This effort supports initiatives to close the digital divide. (Client Announcements)

Valuation Changes

• Consensus Analyst Price Target has risen from $209.01 to $232.49, reflecting increased optimism around company fundamentals.
• Revenue Growth projection has increased slightly, up from 26.51% to 27.60% year-over-year.
• Net Profit Margin expectation improved significantly, from 4.63% to 12.91%.
• Future P/E ratio has fallen markedly, dropping from 557.51x to 207.15x. This indicates anticipated profitability improvements relative to valuation.
• Discount Rate has edged up marginally, moving from 8.92% to 8.96%.