JMP Raises Cloudflare's Price Target to $225, Keeps Market Outperform Rating

JMP Securities has increased its price target for Cloudflare, Inc. (NET) from $180 to $225 while maintaining a Market Outperform rating. JMP believes Cloudflare is one of the first companies to benefit from the AI opportunity, citing its developer-centric products that help build AI instead of just securing it. The firm expects momentum to continue for Cloudflare as it makes progress in its late-stage business segments, specifically in "Act II (Zero Trust)" and "Act III (Workers AI)".

JMP Securities has significantly increased its price target for Cloudflare Inc. (NET) from $180 to $225, maintaining a "Market Outperform" rating. The firm believes Cloudflare is poised to benefit from the growing AI opportunity, citing its developer-centric products that facilitate AI development rather than just securing it. JMP Securities expects momentum to continue as Cloudflare makes progress in its late-stage business segments, particularly in "Act II (Zero Trust)" and "Act III (Workers AI)" [1].

Cloudflare reported a robust 27.8% year-over-year increase in revenue during the last quarter, despite a negative net margin of -6.22%. The company's developer-centric products and services are designed to enhance AI capabilities, making it a key player in the AI landscape [2].

Investment analysts have expressed a generally positive outlook on Cloudflare's stock, with several firms increasing their holdings in the company. For instance, Frank Rimerman Advisors LLC bought a new position in Cloudflare Inc. in the first quarter, purchasing 2,243 shares valued at approximately $253,000 [2].

Cloudflare's stock performance has been notable, with shares opening at $200.85 on Tuesday. The firm's market cap stands at $69.99 billion, and analysts forecast a -0.11 earnings per share for the current fiscal year [2].

The company's strong position in the AI sector, coupled with its robust revenue growth and positive analyst sentiment, makes Cloudflare an attractive investment opportunity. As Cloudflare continues to innovate and expand its AI offerings, investors should closely monitor its progress in the late-stage business segments.

References:
[1] https://crypto.news/come-mining-offers-daily-returns-up-to-94-5k-for-btc-eth-and-xrp-holders/
[2] https://www.marketbeat.com/instant-alerts/filing-frank-rimerman-advisors-llc-makes-new-investment-in-cloudflare-inc-nysenet-2025-08-12/