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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 - $367.43
Previous CloseN/A
Volume1.16M
Average Volume (3M)2.97M
Market Cap
$124.30B
Enterprise Value$86.27B
Total Cash (Recent Filing)$4.16B
Total Debt (Recent Filing)$3.53B
Price to Earnings (P/E)―
Beta1.44
Next Earnings
Oct 29, 2026EPS Estimate
0.34Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.58
Shares Outstanding322,618,770
10 Day Avg. Volume2,964,810
30 Day Avg. Volume2,968,474
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 Cap0.69
Enterprise Value/Revenue34.34
Enterprise Value/Gross Profit47.31
Enterprise Value/Ebitda2.23K
Forecast
1Y Price Target
$349.80Price Target Upside26.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering28
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 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.
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.
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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Analyst Consensus
Strong Buy
Average Price Target:
$349.80 (26.02% Upside)
$349.80 (26.02% Upside)
Blogger Sentiment
Neutral
NET Sentiment 55%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 921.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 4.2%
Last 30 Days ▲ 4.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
55.44%
12-Months-Change
Fundamentals
Return on Equity
―
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
$349.80
▲(26.02% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.72% Insiders
31.93% Mutual Funds
<0.01% Other Institutional Investors
48.83% Public Companies and Individual Investors











