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Piper Sandler Hikes Cloudflare Price Target to $250 Despite 15% After-Hours Drop: Buy the Dip?

NET
Analyst EstimatesAnalyst InsightsCorporate EarningsCompany FundamentalsInvestor Sentiment & Positioning

Piper Sandler’s James Fish raised his Cloudflare price target to $250 from $222 while keeping an Overweight rating, signaling continued upside conviction despite the post-earnings selloff. The article highlights that NET cratered after Q1 FY2026 earnings, but the analyst’s higher target suggests a more constructive view on fundamentals and valuation.

Analysis

Piper Sandler’s James Fish raised his Cloudflare price target to $250 from $222 while keeping an Overweight rating, signaling continued upside conviction despite the post-earnings selloff. The article highlights that NET cratered after Q1 FY2026 earnings, but the analyst’s higher target suggests a more constructive view on fundamentals and valuation.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

Ticker Sentiment

NET0.20