Cloudflare (NET) hits new high with strong technical and fundamental performance, but caution advised.

From Yahoo Finance: 2025-07-01 10:15:00

Cloudflare (NET) shows strong technical momentum, hitting new highs on July 1. The stock has a 100% technical “Buy” signal with impressive recent gains. Fundamentals are robust, with projected revenue and earnings growth exceeding 25% and 30% over the next two years. Some analysts caution that the stock may be overvalued despite this performance.

Valued at $67.9 billion, Cloudflare (NET) provides platform protection and accelerates internet applications online without adding hardware, installing software, or changing code. The stock recently hit a 52-week high at $196.85 and has a Weighted Alpha of +151.09. It has gained 133.7% over the past year and currently has a Trend Seeker “Buy” signal intact.

Wall Street analysts have mixed feelings about Cloudflare. Barchart shows 16 “Strong Buy,” two “Moderate Buy,” 11 “Hold,” and two “Strong Sell” opinions. Value Line rates it “Average,” CFRA’s MarketScope rates it a “Hold,” and MorningStar thinks it’s 49% overvalued. 71,950 investors on Seeking Alpha rate it a “Hold.”

Cloudflare has momentum but may have peaked. The stock is volatile and speculative, so strict risk management and stop-loss strategies are advised. The stock has made 15 new highs and gained 18.3% in the last month, with a Relative Strength Index at 78.14%. Technical support level is $193.37.

Read more: Cloudflare Stock Just Hit a New High, But Don’t Count on More Upside