Needham maintains Buy on Cloudflare, raises target to $280

0 min read     Updated on 10 Jun 2026, 04:25 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Needham analyst Mike Cikos maintains a Buy rating on Cloudflare and raises the price target to $280 from $250, indicating a positive outlook.

powered bylight_fuzz_icon
42634536

*this image is generated using AI for illustrative purposes only.

Needham analyst Mike Cikos has maintained a Buy rating on Cloudflare and raised the price target to $280 from the previous $250. The adjustment reflects an updated valuation outlook for the company.

Cloudflare, listed on the NYSE under the ticker NET, continues to be viewed favorably by the firm. The new price target suggests potential upside from current levels based on the analyst's assessment.

Rating and Target Details

Metric Value
Rating Buy
Previous Price Target $250
New Price Target $280
Ticker NET

What specific factors drove the updated valuation outlook for Cloudflare?

How might Cloudflare's upcoming product launches impact its ability to meet the new price target?

What are the potential risks that could prevent Cloudflare from reaching the $280 target?

like18
dislike

BTIG maintains Buy on Cloudflare, raises target to $269

0 min read     Updated on 10 Jun 2026, 03:31 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

BTIG analyst Gray Powell maintains a Buy rating on Cloudflare (NYSE: NET) and raises the price target to $269 from $243, indicating a positive outlook.

powered bylight_fuzz_icon
42631302

*this image is generated using AI for illustrative purposes only.

BTIG analyst Gray Powell has maintained a Buy rating on Cloudflare (NYSE: NET) and raised the price target to $269 from the previous $243. The adjustment reflects a revised outlook on the company's valuation and growth potential.

The revised price target of $269 suggests an upside from the prior target of $243. Powell's recommendation underscores confidence in Cloudflare's business trajectory despite broader market conditions.

Cloudflare specializes in content delivery network services, cloud cybersecurity, and distributed serverless computing. The company's stock performance remains a focal point for investors tracking the technology sector.

What specific growth drivers are expected to justify the increased price target?

How might Cloudflare's performance compare to its competitors in the cybersecurity and cloud sectors?

What risks could potentially derail Cloudflare's growth trajectory despite the bullish outlook?

like20
dislike