Cloudflare Inc (NET)
NYSE:NET
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NET Stock Chart & Stats
$200.99
-$0.89(-0.78%)
At close: 4:00 PM EST
$200.99
-$0.89(-0.78%)
Day’s Range― - ―
52-Week Range$158.83 - $276.82
Previous CloseN/A
Volume641.50K
Average Volume (3M)4.73M
Market Cap
$83.46B
Enterprise Value$88.09B
Total Cash (Recent Filing)$4.17B
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)―
Beta1.45
Next Earnings
Jul 30, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding319,528,380
10 Day Avg. Volume4,535,024
30 Day Avg. Volume4,725,986
Financial Highlights & Ratios
PEG Ratio-25.75
Price to Book (P/B)47.08
Price to Sales (P/S)31.69
P/FCF Ratio211.80
Enterprise Value/Market Cap1.06
Enterprise Value/Revenue37.83
Enterprise Value/Gross Profit51.59
Enterprise Value/Ebitda638.87
Forecast
1Y Price Target
$3,779.36Price Target Upside1780.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)1.2
Revenue Forecast (FY)$2.81B
Bulls Say, Bears Say
Bulls Say
Revenue Scale & GrowthSustained multi-year revenue expansion demonstrates the platform's ability to win and retain customers at scale. The subscription-based model and broad product set support predictable recurring revenue and provide room for continued upsell and geographic expansion over the next several quarters.
Cash Generation / Free Cash FlowMaterial improvement in operating cash flow and sustained positive free cash flow strengthen financial flexibility. This durable cash generation funds reinvestment in network and AI initiatives, supports restructuring costs, and reduces near-term dependence on external financing.
Large-Customer Expansion & RetentionRapid growth in enterprise customers, high DBNR and surge in $1M+ deals indicate sticky, high-value relationships and strong upsell dynamics. Enterprise concentration and partner-driven revenue improve predictability and support durable margin and revenue expansion over multiple quarters.
Bears Say
Elevated LeverageHigh debt relative to equity limits financial flexibility during a major strategic transition. Elevated leverage raises refinancing and interest-rate risk, and could constrain capital allocation for AI infrastructure or M&A unless profitability and cash flow continue to strengthen.
GAAP Profitability Not Yet DurableDespite improving margins and positive free cash flow, persistent GAAP losses reflect ongoing operating and non-cash charges. Until GAAP profitability is sustained, the company faces limited earnings cushion if execution slips and weaker tolerance for costly strategic investments.
Margin Pressure & Higher CapExProduct mix shifting toward lower-margin developer offerings and higher network CapEx to support AI inference increase capital intensity and compress gross margins. Without offsetting pricing or higher-margin AI monetization, margin sustainability and returns on incremental spend are at risk over the medium term.
Cloudflare News
NET FAQ
What was Cloudflare Inc’s price range in the past 12 months?
Cloudflare Inc lowest stock price was $158.83 and its highest was $276.81 in the past 12 months.
What is Cloudflare Inc’s market cap?
Cloudflare Inc’s market cap is $83.46B.
When is Cloudflare Inc’s upcoming earnings report date?
Cloudflare Inc’s upcoming earnings report date is Jul 30, 2026 which is in 49 days.
How were Cloudflare Inc’s earnings last quarter?
Cloudflare Inc released its earnings results on May 07, 2026. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.231 by $0.019.
Is Cloudflare Inc overvalued?
According to Wall Street analysts Cloudflare Inc’s price is currently Undervalued.
Does Cloudflare Inc pay dividends?
Cloudflare Inc does not currently pay dividends.
What is Cloudflare Inc’s EPS estimate?
Cloudflare Inc’s EPS estimate is 0.27.
How many shares outstanding does Cloudflare Inc have?
Cloudflare Inc has 319,528,380 shares outstanding.
What happened to Cloudflare Inc’s price movement after its last earnings report?
Cloudflare Inc reported an EPS of $0.25 in its last earnings report, beating expectations of $0.231. Following the earnings report the stock price went down -23.622%.
Which hedge fund is a major shareholder of Cloudflare Inc?
Currently, no hedge funds are holding shares in NET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Cloudflare Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$3,779.36 (1780.37% Upside)
$3,779.36 (1780.37% Upside)
Blogger Sentiment
Bullish
NET Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 444.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.8%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Bullish
Bullish news 79%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.80%
12-Months-Change
Fundamentals
Return on Equity
-6.23%
Trailing 12-Months
Asset Growth
65.64%
Trailing 12-Months
Company Description
Cloudflare Inc
Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud firewalls, bot mitigation, distributed denial-of-service (DDoS) protection, IoT security, SSL/TLS encryption, secure origin connections, and rate limiting capabilities. Beyond security, Cloudflare also boosts online performance through services like content delivery networks (CDNs), intelligent routing, and various content, mobile, and image optimization tools. For enhanced reliability and availability, it provides solutions such as load balancing, its proprietary Anycast network, a virtual backbone, DNS services, DNS resolvers, and virtual waiting rooms. Furthermore, the company offers internal infrastructure tools, including "on-ramps" that facilitate seamless connections for users, devices, or locations to its expansive network, alongside "filters" engineered for data protection, inspection, and access management. Developer-centric solutions encompass serverless computing, programmable networks, website creation, domain registration, a suite of Cloudflare applications, advanced analytics, and data localization management. For individual consumers, Cloudflare provides a DNS Resolver application to improve internet browsing and a Consumer VPN to secure and speed up mobile device traffic. Its clientele spans a broad spectrum of industries, including technology, healthcare, financial services, consumer and retail, non-profit organizations, and government agencies. Established in 2009, Cloudflare, Inc. is headquartered in San Francisco, California.
NET Company Deck
NET Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial momentum—robust revenue growth (34% YoY), expanding large-customer base, record large deals, solid profitability, and strong free cash flow—paired with aggressive strategic moves to replatform the company for agentic AI. Key near-term negatives include a substantial workforce reduction (~20%) with related $140M–$150M restructuring charges, and pressure on gross margins from mix shifts toward lower-margin developer products and reclassification of traffic costs. On balance, the growth, cash generation, customer wins, and clear strategic positioning for AI materially outweigh the immediate costs and execution risks of the transition.View all NET earnings summariesNET Revenue Breakdown
84.39% Direct customers
15.61% Channel partners
NET Stock 12 Month Forecast
Average Price Target
$3,779.36
▲(1780.37% Upside)
Technical Analysis
Ownership Overview
0.86% Insiders
31.90% Mutual Funds
28.41% Other Institutional Investors
20.77% Public Companies and Individual Investors