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NET Stock Chart & Stats
$277.58
$2.67(1.02%)
At close: 4:00 PM EDT
$277.58
$2.67(1.02%)
Day’s Range― - ―
52-Week Range$158.83 - $370.35
Previous CloseN/A
Volume1.16M
Average Volume (3M)3.08M
Market Cap
$105.96B
Enterprise Value$86.27B
Total Cash (Recent Filing)$4.16B
Total Debt (Recent Filing)$3.53B
Price to Earnings (P/E)―
Beta1.50
Next Earnings
Nov 05, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.58
Shares Outstanding322,618,770
10 Day Avg. Volume2,887,544
30 Day Avg. Volume3,078,504
Financial Highlights & Ratios
PEG Ratio-26.06
Price to Book (P/B)47.08
Price to Sales (P/S)31.69
P/FCF Ratio211.80
Enterprise Value/Market Cap0.81
Enterprise Value/Revenue34.34
Enterprise Value/Gross Profit47.31
Enterprise Value/Ebitda2.23K
Forecast
1Y Price Target
$358.00Price Target Upside28.97% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
EPS Forecast (FY)1.26
Revenue Forecast (FY)$2.87B
Bulls Say, Bears Say
Bulls Say
Strong Revenue And Customer ExpansionRapid revenue growth alongside expansion in large enterprise customers indicates broadening adoption across Cloudflare’s platform. A growing enterprise base can improve recurring revenue durability, increase cross-selling opportunities, and strengthen the company’s competitive position over the next several quarters.
High Customer Retention And ExpansionA 120% dollar-based net retention rate shows existing customers are expanding their spending rather than merely renewing. This land-and-expand model supports predictable subscription growth, raises customer lifetime value, and provides a durable foundation for continued revenue compounding.
Improving Cash GenerationStrong free cash flow demonstrates that Cloudflare’s subscription and usage-based model is converting growth into real liquidity despite GAAP losses. A substantial cash balance also supports infrastructure investment, product development, and strategic flexibility without relying solely on external financing.
Bears Say
Persistent GAAP LossesPersistent GAAP losses show that Cloudflare has not yet established durable bottom-line profitability, even as revenue scales. Continued losses can constrain internal capital formation, increase dependence on non-GAAP adjustments, and make execution on the path to sustainable earnings especially important.
Elevated LeverageLeverage is high relative to the company’s current profitability profile and reduces financial flexibility if growth slows or funding conditions tighten. Debt obligations can absorb cash that could otherwise support investment, while negative returns on equity indicate that borrowed capital is not yet producing durable shareholder returns.
Gross Margin PressureThe year-over-year gross margin decline indicates that incremental growth is currently carrying a heavier network-cost burden. If this pressure persists, it could limit operating leverage, reduce the cash contribution from each dollar of revenue, and make future profitability improvement more difficult.
NET FAQ
What was Cloudflare’s price range in the past 12 months?
Cloudflare lowest stock price was $158.83 and its highest was $370.35 in the past 12 months.
What is Cloudflare’s market cap?
Cloudflare’s market cap is $105.96B.
When is Cloudflare’s upcoming earnings report date?
Cloudflare’s upcoming earnings report date is Nov 05, 2026 which is in 14 days.
How were Cloudflare’s earnings last quarter?
Cloudflare released its earnings results on Aug 06, 2026. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.268 by $0.022.
Is Cloudflare overvalued?
According to Wall Street analysts Cloudflare’s price is currently Undervalued.
Does Cloudflare pay dividends?
Cloudflare does not currently pay dividends.
What is Cloudflare’s EPS estimate?
Cloudflare’s EPS estimate is 0.34.
How many shares outstanding does Cloudflare have?
Cloudflare has 322,618,770 shares outstanding.
What happened to Cloudflare’s price movement after its last earnings report?
Cloudflare reported an EPS of $0.29 in its last earnings report, beating expectations of $0.268. Following the earnings report the stock price went up 5.569%.
Which hedge fund is a major shareholder of Cloudflare?
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
Neutral
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$358.00 (28.97% Upside)
$358.00 (28.97% Upside)
Blogger Sentiment
Neutral
NET Sentiment 55%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 921.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 0.5%
Last 30 Days ▲ 3.0%
Last 30 Days ▲ 3.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.91%
12-Months-Change
Fundamentals
Return on Equity
-13.86%
Trailing 12-Months
Asset Growth
16.39%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Cloudflare
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong business momentum: double‑digit top-line growth (+36% YoY), expanding large-customer base, 120% dollar-based net retention, outsized developer and paying-customer acquisition, record bookings/pipeline acceleration, meaningful free cash flow and substantial enterprise wins. Management also laid out a confident outlook with robust guidance. Key negatives include a meaningful year-over-year gross margin decline (320 bps), sizable restructuring and severance charges (Q2: $151M; FY up to $165M), increased network CapEx expectations and added forecasting variability from new consumption and pool-of-funds contract structures. Overall, the positives — product adoption, customer expansion, cash generation and positioning for agentic AI — materially outweigh the near-term margin and one-time cost challenges.View all NET earnings summariesNET Revenue Breakdown
84.39% Direct customers
15.61% Channel partners

NET Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$358.00
▲(28.97% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.81% Insiders
31.93% Mutual Funds
0.57% Other Institutional Investors
48.05% Public Companies and Individual Investors









