Cloudflare Price Targets Raised to $180 Amid Analyst Upgrades

Cloudflare's stock has seen a significant uptick, with multiple analysts raising their price targets following positive trading activity. Susquehanna increased its target from $95 to $170, while Mizuho adjusted theirs from $130 to $160, both maintaining neutral ratings. Other firms like Goldman Sachs and JMP Securities also raised their forecasts, with Goldman now targeting $183 and JMP setting theirs at $180. Despite this, concerns about overvaluation linger, as Cloudflare has been assessed as 'significantly overvalued' with a GF Value of $104.78, and recent earnings reports missed expectations. The company's revenue growth is strong, but it faces scrutiny over its asset efficiency and insider sales activity. Cloudflare's optimistic outlook on AI may bolster investor sentiment, yet projected earnings for 2025 fall slightly short of analysts' expectations.