NET Cloudflare, Inc.

BULLISH Impact: 2/10 ANALYST-UPGRADE
Processed 12d 18h ago SEC analyst-NET-btig-20260204
15 firms acted on NET: BTIG, Barclays, DZ Bank, Keybanc, CICC, B of A Securities, Baird, Citigroup, Goldman Sachs, Stifel, Morgan Stanley, Exane BNP Paribas, Wolfe Research, Scotiabank, UBS
Final — all horizons settled through T+60d ⚠ clustered
NET ▲ +30.33% at T+60d
LONG call ✓ call won +30.33% · α vs SPY +25.32% · entry $166.88 → $217.50
Currently $228.48 · +36.91% from $166.88 entry
Entry anchored
Feb 3, 03:59 PM ET
via Databento tick
T+1d
-2.30%
call -2.30% · α -1.07%
$163.05
settled 4mo ago
T+5d
+13.50%
call +13.50% · α +12.66%
$189.41
settled 4mo ago
T+20d
+15.24%
call +15.24% · α +15.90%
$192.31
settled 3mo ago
T+60d
+30.33%
call +30.33% · α +25.32%
$217.50
settled 6w ago

Price Chart

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Executive Summary

15 firms acted on NET: BTIG, Barclays, DZ Bank, Keybanc, CICC, B of A Securities, Baird, Citigroup, Goldman Sachs, Stifel, Morgan Stanley, Exane BNP Paribas, Wolfe Research, Scotiabank, UBS

Impact Score

Base Score
2/7
LLM Adjustment
+0
Final Score
2/10

Consensus & Targets

Buy / Strong Buy
28 (70%)
Hold
10
Sell / Strong Sell
2
Total Analysts
31
Mean PT
$234.18
Median PT
$243.00
High PT
$300.00
Low PT
$135.00
Current Price
$241.82
Implied Upside
-3.2%

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-05-11 Susquehanna maintain Neutral $200.00
2026-05-08 Piper Sandler reiterate Overweight $250.00
2026-05-08 BTIG reiterate Buy $243.00
2026-04-15 Piper Sandler upgrade Overweight $222.00
2026-04-14 Mizuho maintain Outperform $235.00
2026-02-12 Citigroup maintain Buy $265.00
2026-02-11 Jefferies maintain Hold $225.00
2026-02-11 Piper Sandler maintain Neutral $222.00
2026-02-11 RBC Capital maintain Outperform $240.00
2026-02-11 Wells Fargo maintain Overweight $270.00

Firm Track Record — BTIG

BTIG accuracy: 53% on 948 calls | avg return: 3.7%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 15 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Oppenheimer 100% 4/4 27.4% top tier
Baird 100% 4/4 4.4% top tier
Jefferies 100% 2/2 31.4% top tier
Morgan Stanley 86% 6/7 28.2% top tier
Piper Sandler 80% 8/10 28.5% top tier
JMP Securities 75% 3/4 5.8% top tier
Keybanc 75% 3/4 5.7% top tier
Mizuho 70% 7/10 7.4% top tier
B of A Securities 67% 2/3 27.5% top tier
Cantor Fitzgerald 63% 5/8 0.7% top tier

Earnings Estimates

Next earnings: Jul 29, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
0q $0.27 $0.25 — $0.29 $666.3M ↑7 ↓0
+1q $0.32 $0.28 — $0.39 $722.6M ↑26 ↓0
0y $1.19 $1.11 — $1.33 $2.8B ↑28 ↓0
+1y $1.53 $1.25 — $1.88 $3.6B ↑26 ↓0

Cross-Platform Signals

Insider Trades (90d)
0 buys / 5 sells
Institutional
NORGES BANK — new
Institutional
RENAISSANCE TECHNOLOGIES LLC — trim (-60.3%)
Institutional
UBS Group AG — trim (-31.2%)
Short Interest
Short: 1,039,899 | Exempt: 0 | TRF Vol: 1,871,673 | Short Ratio: 55.6% | Off-exchange volume (dark pool + OTC)

Documents Analyzed

Report based on filing metadata.

20 reports for NET
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for NET — sortable, filterable
Type Now
Jun 8, 2026
4d ago
Insider Cluster
NEUTRAL ★ 2/10
$247.54 awaiting T+1awaiting T+1$228.48 (−7.70%)
Jun 1, 2026
11d ago
Insider Cluster
NEUTRAL ★ 2/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
Jun 1, 2026
11d ago
144
NEUTRAL ★ 1/10
$272.66 $265.33▼ −2.69%▼ −2.00%$228.48 (−16.20%)
May 31, 2026
12d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 2/10
$228.11 $241.82▲ +6.01%▲ +5.77%$228.48 (+0.16%)
May 21, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$216.17 $217.54▲ +0.63%▲ +0.05%$228.48 (+5.69%)
May 19, 2026
24d ago
Insider Cluster
NEUTRAL ★ 3/10
$210.13 $212.65▲ +1.20%▲ +1.00%$228.48 (+8.73%)
May 15, 2026
29d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$190.13 $197.38▲ +3.81%▲ +3.56%$228.48 (+20.17%)
May 1, 2026
6w ago
ANALYST-UPGRADE
MIXED ★ 2/10
$166.88 $163.05▼ −2.30%▼ −1.07%$228.48 (+36.91%)
May 1, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$217.50 $224.17▲ +3.07%▲ +3.41%$228.48 (+5.05%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (46h 58m)

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