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

8,902 Followers

NET Stock Chart & Stats

$200.99
-$0.89(-0.78%)
At close: 4:00 PM EST
$200.99
-$0.89(-0.78%)

Bulls Say, Bears Say

Bulls Say
Revenue Scale With Sustainably High Gross MarginsMeaningful multi-year revenue growth alongside consistently high gross margins (~73–77%) indicates strong product-market fit and delivery efficiency. Durable margin levels support reinvestment in network and product R&D and signal sustainable unit economics as scale increases.
Strong Operating Cash Flow And Positive Free Cash FlowSubstantial improvement in cash generation and sustained positive free cash flow provide durable financial flexibility to fund capex for AI/inference, product development, and debt reduction. Reliable cash conversion reduces reliance on external financing over the medium term.
Expanding Large-customer Base And High RetentionRapid growth in large, high-value customers and rising revenue concentration from enterprise accounts point to strong upsell, durable contract value, and sticky relationships. High-value customer expansion underpins predictable recurring revenue and long-term margin expansion potential.
Bears Say
Elevated Leverage And Thin Equity BufferHigh debt relative to equity is a structural risk while GAAP profitability remains inconsistent. Elevated leverage raises interest and refinancing risk, constrains strategic flexibility, and could pressure investment or return profiles until sustained earnings and equity rebuild occur.
Gross Margin Pressure From Product And Traffic MixA persistent shift toward lower-margin developer/compute products and changes in traffic classification can structurally reduce consolidated gross margins. Lower unit margins require higher growth or efficiency gains to sustain free cash flow and operating leverage over the medium term.
Rising Capital Intensity To Support AI/inference WorkloadsMaterially higher network CapEx guidance signals increased capital intensity tied to AI/inference buildout. This raises reinvestment needs and limits incremental free cash flow in the near-to-medium term, and it creates execution and deployment risk until utilization and returns materialize.

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 $81.14B.
      When is Cloudflare Inc’s upcoming earnings report date?
      Cloudflare Inc’s upcoming earnings report date is Jul 30, 2026 which is in 44 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. Get more investment ideas with TipRanks Premium
            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

                    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.

                    Cloudflare (NET) Earnings & Revenues

                    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 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

                    $245.81
                    ▲(22.30% Upside)
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<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 27,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 14, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":184.95,"date":1751328000000,"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 31,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 18, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":200.11,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":181.02,"date":1772323200000,"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 33,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 15, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":205.43,"date":1775001600000,"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 29,\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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