Cloudflare's stock fell 26% in 30 days, prompting JPMorgan analyst Samik Chatterjee to upgrade the rating from 'Neutral' to 'Overweight' due to attractive valuation and growth opportunities. The company is positioned to accelerate revenue growth above 35% through its strategic expansion programs. Despite the upgrade, JPMorgan maintains a $350 price target, while Barclays forecasts $400. Investors show renewed interest ahead of Cloudflare's upcoming quarterly earnings report, though market volatility from AI trends and elections remains a risk.
Cloudflare (NET) shares are trading at USD 270.73 on Pluang, up 2.16% in the last day, showing some recovery after the recent selloff. The stock remains below its 52-week high of USD 361.00 as of Nov 03, 2026 21:41 WIB.
Cloudflare is rated as a Strong Sell with its current stock price at $280.70, while its working fair value is estimated at $90 per share, indicating significant downside risk. Despite strong revenue growth of 35.9% year-over-year to $696.1 million in...
Shares of AI cloud companies CoreWeave, Nebius, Cloudflare, and Snowflake dropped significantly after Microsoft and Alphabet reported lower-than-expected capital spending, raising concerns about future demand for external computing power. CoreWeave a...
