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Cloudflare (NET)
NYSE:NET
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Cloudflare (NET) Price & Analysis

9,176 Followers

NET Stock Chart & Stats

$277.58
$2.67(1.02%)
At close: 4:00 PM EDT
$277.58
$2.67(1.02%)

Bulls Say, Bears Say

Bulls Say
Strong Revenue And Customer ExpansionRapid revenue growth alongside expansion in large and paying customers indicates broad product adoption and effective enterprise penetration. A larger customer base can support recurring subscription growth, cross-selling, and greater operating leverage over the next several quarters.
High Retention And Recurring ExpansionA 120% dollar-based net retention rate shows existing customers are expanding their spending faster than churn reduces the installed base. This land-and-expand dynamic supports durable recurring revenue, improves customer economics, and strengthens visibility beyond new-logo bookings.
Improving Cash GenerationStrong free cash flow growth demonstrates that Cloudflare’s subscription platform is converting expanding revenue into cash despite negative GAAP earnings. The substantial cash balance also provides resources for network investment, product development, and strategic flexibility.
Bears Say
Elevated LeverageLeverage is high for a software company and limits financial flexibility, particularly if growth slows or funding conditions tighten. Debt service and refinancing considerations can constrain investment choices, while the balance sheet remains more sensitive to execution setbacks.
GAAP Profitability Remains UnprovenPersistent GAAP losses mean Cloudflare has not yet established durable bottom-line profitability despite meaningful revenue scale and strong gross margins. The wider TTM operating loss raises questions about expense discipline and the timing of sustainable earnings conversion.
Gross-margin PressureThe year-over-year gross-margin decline indicates that higher network costs are absorbing part of the benefit from rapid revenue growth. If this pressure persists as paid traffic expands, it could limit operating leverage and make future profitability improvements less predictable.

Cloudflare News

NET FAQ

What was Cloudflare’s price range in the past 12 months?
Cloudflare lowest stock price was $158.83 and its highest was $367.43 in the past 12 months.
    What is Cloudflare’s market cap?
    Cloudflare’s market cap is $124.30B.
      When is Cloudflare’s upcoming earnings report date?
      Cloudflare’s upcoming earnings report date is Oct 29, 2026 which is in 24 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. Get more investment ideas with TipRanks Premium
            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

                    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.

                    Cloudflare (NET) Earnings & Revenues

                    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 summaries

                    NET Revenue Breakdown

                    84.39%84.39%15.61%
                    84.39% Direct customers
                    15.61% Channel partners
                    tipranks

                    NET Stock 12 Month Forecast

                    Average Price Target

                    $349.80
                    ▲(26.02% Upside)
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style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":246.31,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 55,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":278.98,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 59,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      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                    Ownership Overview

                    0.72%31.93%<0.01%48.83%
                    <0.01% Other Institutional Investors
                    48.83% Public Companies and Individual Investors
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