Cloudflare (NET) – Investment Analysts’ Weekly Ratings Updates

by · The Cerbat Gem

Several brokerages have updated their recommendations and price targets on shares of Cloudflare (NYSE: NET) in the last few weeks:

  • 4/20/2026 – Cloudflare had its “sell (d-)” rating reaffirmed by Weiss Ratings.
  • 4/15/2026 – Cloudflare was downgraded by KeyCorp from “overweight” to “hold”.
  • 4/15/2026 – Cloudflare was downgraded by The Goldman Sachs Group, Inc. from “buy” to “sell”.
  • 4/15/2026 – Cloudflare is now covered by Jefferies Financial Group Inc.. They set a “buy” rating on the stock.
  • 4/15/2026 – Cloudflare is now covered by Citigroup Inc.. They set a “buy” rating on the stock.
  • 4/14/2026 – Cloudflare was upgraded by Piper Sandler from “neutral” to “overweight”. They now have a $222.00 price target on the stock.
  • 4/14/2026 – Cloudflare had its price target lowered by Mizuho from $255.00 to $235.00. They now have an “outperform” rating on the stock.
  • 3/13/2026 – Cloudflare was upgraded by Zacks Research from “strong sell” to “hold”.

Insider Activity

In other Cloudflare news, CFO Thomas J. Seifert sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $197.98, for a total transaction of $1,979,800.00. Following the sale, the chief financial officer directly owned 221,681 shares in the company, valued at approximately $43,888,404.38. This trade represents a 4.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark J. Hawkins sold 133 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $209.60, for a total transaction of $27,876.80. Following the sale, the director owned 10,322 shares in the company, valued at $2,163,491.20. This trade represents a 1.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 609,247 shares of company stock worth $118,913,474. Corporate insiders own 10.89% of the company’s stock.

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.

Further Reading