NET Price Prediction Next Week
Analysis and Insights
To predict the stock price of Cloudflare (NET) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Cloudflare's stock is currently showing bearish momentum. The Relative Strength Index (RSI) is at 20.06 for the 6-period and 32.71 for the 12-period, indicating oversold conditions. The MACD is below the signal line at -1.27, suggesting downward momentum. The stock is trading below its 20-day and 50-day moving averages, which are 153.87 and 130.96, respectively.
News Sentiment and Analyst Insights:
Recent news indicates that Cloudflare has surpassed its average analyst target price of $142.11, trading at $143.75. However, there is a wide range of analyst targets, from $60 to $205, reflecting differing opinions on the stock's future. Goldman Sachs remains optimistic about AI stocks, particularly Phase 3 companies like Cloudflare, which generate revenue from AI applications. Cloudflare is expected to see strong sales growth, driven by AI adoption and improved sales productivity.
Options Activity:
There has been significant options trading activity for Cloudflare, with 23,252 contracts traded. Notably, the $126 strike put option expiring on March 7, 2025, has seen substantial interest, reflecting bearish sentiment.
Prediction and Recommendation:
Based on the technical indicators and mixed news sentiment, the stock is likely to face short-term downward pressure. The bearish RSI and MACD, combined with the stock trading below its moving averages, suggest a potential price drop.
Predicted Price: $124.50
Recommendation: Sell
NET Similar Chart Price Prediction
The price of NET is predicted to go up 3.28%, based on the high correlation periods with TK. The similarity of these two price pattern on the periods is 97.4%.
NET
TK
Up: 3.28%Similarity: 97.4%
NET Revenue Forecast
NET EPS Forecast
NET FAQs
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NET VS S&P500
Cloudflare has strong tailwinds behind its back as edge computing becomes more prevalent.
Cloudflare's security business is set to grow at a fast clip due to the overall security spend of enterprises going up as they deal with more complex security issues.
Cloudflare has a long runway for growth in terms of enterprise penetration in its security business.
NET Analyst's Forecast
Gregg Moskowitz
Mizuho
Hold
2025-02-10
Price Target
$130 → $160
Downside
-7.24%
Mizuho analyst Gregg Moskowitz raised the firm's price target on Cloudflare to $160 from $130 and keeps a Neutral rating on the shares. The company reported a good Q4 with a conservative fiscal 2025 outlook, the analyst tells investors in a research note. The firm says Cloudflare saw measurable improvement in deal closure rates and achieved a double-digit year-over-year increase in sales productivity for the fifth consecutive quarter. However, the stock carries a particularly high valuation, contends Mizuho.
Aaron Samuels
Susquehanna
Hold
2025-02-10
Price Target
$95 → $170
Downside
-1.44%
Patrick Colville
Scotiabank
Hold
2025-01-21
Price Target
$87 → $110
Downside
-8.22%
