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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
$86.09B
Enterprise Value$83.14B
Total Cash (Recent Filing)$4.17B
Total Debt (Recent Filing)$3.52B
Price to Earnings (P/E)―
Beta1.38
Next Earnings
Jul 30, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.25
Shares Outstanding321,184,840
10 Day Avg. Volume3,692,978
30 Day Avg. Volume4,733,898
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 Cap0.97
Enterprise Value/Revenue35.71
Enterprise Value/Gross Profit48.69
Enterprise Value/Ebitda602.98
Forecast
1Y Price Target
$245.81Price Target Upside22.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)1.2
Revenue Forecast (FY)$2.81B
Bulls Say, Bears Say
Bulls Say
Revenue Scale From Recurring Subscription ModelCloudflare’s subscription-based, tiered model has driven durable top-line scale: multi-year revenue rose from $656M to $2.33B TTM while sustaining high gross margins. That recurring revenue base and scale support predictable cash flows, upsell opportunities and long-term product investment.
Strong Cash Generation And LiquidityConsistently positive operating and free cash flow provides durable financial flexibility: FCF has been positive since 2023 and TTM FCF of $379M plus large cash holdings support reinvestment in the network, fund strategic AI transition and absorb restructuring without immediate capital raises.
Enterprise Customer Expansion And Strong RetentionGrowth in large customers and high DBNR (118%) indicate structural enterprise adoption and strong upsell dynamics. A rising base of >$100k customers and accelerating $1M+ deals create durable revenue stability, lower churn risk and higher lifetime value per customer.
Bears Say
Elevated Leverage And Capital-structure RiskHigh gross leverage (debt multiple >2x equity) is a persistent structural risk: it reduces financial flexibility, raises interest and refinancing vulnerability, and heightens downside if revenue growth or margins slow, making capital-allocation choices more constrained over the medium term.
Ongoing GAAP Losses Despite Improving MetricsDespite improving margins and positive EBITDA, the firm remains GAAP-loss making across all shown periods. Persistent GAAP losses can limit return-on-equity improvement, pressure investor patience, and mean continued reliance on operating improvement and cash generation to convert to sustained GAAP profitability.
Margin Pressure From Product Mix And Transition CostsRapid growth of lower-margin developer/Workers products and shifts in traffic classification create a durable squeeze on consolidated gross margin. Coupled with large restructuring charges and materially higher network CapEx guidance to support AI workloads, margin and capital-intensity pressures may persist during the strategic transition.
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 $86.09B.
When is Cloudflare Inc’s upcoming earnings report date?
Cloudflare Inc’s upcoming earnings report date is Jul 30, 2026 which is in 25 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 321,184,840 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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$245.81 (22.30% Upside)
$245.81 (22.30% Upside)
Blogger Sentiment
Bullish
NET Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 444.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
30.58%
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
All Analysts
Top Analysts
Average Price Target
$245.81
▲(22.30% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.73% Insiders
32.07% Mutual Funds
<0.01% Other Institutional Investors
48.86% Public Companies and Individual Investors









