Piper Sandler Raises Cloudflare Price Target to $337 From $333
Piper Sandler maintained its Overweight rating. Guggenheim, Cantor Fitzgerald and Needham maintained their Sell, Neutral and Buy ratings, respectively, with targets of $190, $310 and $365.
Following the release of Cloudflare's third-quarter 2026 financial results, multiple analysts adjusted their outlooks on the stock. Piper Sandler maintained an Overweight rating and raised its price target to $337 from $333. Other firms also updated their positions, with Guggenheim maintaining a Sell rating with a $190 target, Cantor Fitzgerald maintaining a Neutral rating with a $310 target, and Needham maintaining a Buy rating with a $365 target. These adjustments reflect varying analyst perspectives on the company's growth trajectory and valuation following the earnings beat and guidance raise.