Cloudflare, Inc. (NET)
| Market Cap | 66.02B +57.5% |
| Revenue (ttm) | 2.33B +31.6% |
| Net Income | -86.74M |
| EPS | -0.25 |
| Shares Out | 353.47M |
| PE Ratio | n/a |
| Forward PE | 145.34 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,573,673 |
| Open | 193.97 |
| Previous Close | 193.52 |
| Day's Range | 186.57 - 194.39 |
| 52-Week Range | 136.32 - 260.00 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 235.44 (+26.05%) |
| Earnings Date | May 7, 2026 |
About NET
Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides a cloud-based security solution to secure a range of combination of platforms, including public and private cloud, on-premises, software-as-a-service applications, and Internet of things (IoT) devices; and application security products comprising web application firewall, bot management, distributed denial of service mitigation, API security, SSL/TLS encryption, client-side security, and security center products... [Read more]
Financial Performance
In 2025, Cloudflare's revenue was $2.17 billion, an increase of 29.85% compared to the previous year's $1.67 billion. Losses were -$102.27 million, 29.8% more than in 2024.
Financial StatementsAnalyst Summary
According to 25 analysts, the average rating for NET stock is "Buy." The 12-month stock price target is $235.44, which is an increase of 26.05% from the latest price.
News
BTIG Names Fortinet and Cloudflare as Potential Winners from Rising Post-Quantum Spending
Cybersecurity companies Fortinet ($FTNT) and Cloudflare ($NET) could be two winners from rising post-quantum cryptography spending, according to BTIG. The investment firm’s argument starts with “Q-Day...
Cloudflare price target raised to $200 from $190 at Susquehanna
Susquehanna analyst Shyam Patil raised the firm’s price target on Cloudflare (NET) to $200 from $190 and keeps a Neutral rating on the shares. The firm said they reported a…
Cloudflare CEO says Cloudflare is not a great name, but that it's better than his original idea
Cloudflare CEO Matthew Prince doesn't love his company's name. Cloudflare is often mispronounced and misspelled, but he said it's better than his original idea.
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
Cloudflare on Thursday joined a growing list of tech companies — including Meta, Microsoft, and Google — that have reported increased revenue alongside and massive layoffs, attributing both trends to ...
Cloudflare price target lowered to $136 from $146 at Bernstein
Bernstein lowered the firm’s price target on Cloudflare (NET) to $136 from $146 and keeps a Market Perform rating on the shares. The firm notes Cloudflare’s Q1 earnings fell flat,…
Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs
April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions.
Cloudflare Says It Plans to Cut 20% of Staff as AI Reshapes Work. The Stock Is Plunging.
Cloudflare's stock could be set to lose one-quarter of its value in a single session after the web security company announced a big round of layoffs, citing AI.
NET Cuts Jobs for AI, TTD Slows, COIN Falls After Earnings
Cloudflare (NET) says it is slashing more than 1k jobs, something Diane King Hall reports is indicative of a shift to an agentic AI model. She reacts to the stock's plummet after a 1Q earnings beat be...
Cloudflare price target raised to $270 from $260 at Baird
Baird raised the firm’s price target on Cloudflare (NET) to $270 from $260 and keeps an Outperform rating on the shares. The firm updated its model following solid Q1 results.
5 Things to Know Before the Stock Market Opens
Stock futures are gaining ground Friday, while oil prices are holding steady amid uncertainty over the state of the ceasefire in Iran; the nonfarm payrolls report is expected to show that job growth s...
Cloudflare price target lowered to $260 from $275 at Stifel
Stifel lowered the firm’s price target on Cloudflare (NET) to $260 from $275 and keeps a Buy rating on the shares.
Markets Await Jobs Report, Earnings Reaction AKAM, NET, CRWV & TTD
While investors and traders await April's jobs report, Friday's premarket climb catches the eye of Kevin Green. He and Diane King Hall discuss the setup heading into the weekend before breaking down a...
Cloudflare to reduce workforce by 1,100 people
Cloudflare (NET) announced Thursday actions designed to “further accelerate Cloudflare’s evolution to an agentic AI-first operating model.” As part of the plan, Clouflare expects to reduce its current...
Cloudflare's slowing growth disappoints investors betting on AI boost
Cloudflare shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary in the race to a...
Cloudflare price target raised to $250 from $222 at Piper Sandler
Piper Sandler analyst James Fish raised the firm’s price target on Cloudflare (NET) to $250 from $222 and keeps an Overweight rating on the shares. The firm says it is…
Cloudflare Stock (NET) Plunges Despite Q1 Earnings Beat; Here’s What Spooked Investors
Cloudflare ($NET) stock tanked more than 17% in Friday’s pre-market trading despite the internet infrastructure and cybersecurity company announcing better-than-expected first-quarter results. The com...
Bloodbath at Silicon Valley giant as CEO's savage memo to staff emerges
The internet security and cloud networking firm revealed the massive cuts on Thursday.
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
Cloudflare shares plummeted after-hours Thursday as the company announced it is cutting over one-fifth of its workforce. The company's first-quarter earnings beat analysts' expectations.
Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Gilead (GILD), consensus $1.91… Mckesson (MCK), consensus $11.57… Cloudflare (NET), consensus 23c… Airbnb (ABNB), c...
Cloudflare to cut 20% of staff in a big bet on AI. Investors aren't sold.
Cloudflare said it was laying off at least a fifth of its global workforce, citing the company's increased adoption of artificial-intelligence tools.
Cloudflare reports Q1 adjusted EPS 25c, consensus 23c
Reports Q1 revenue $639.8M, consensus $622.61M. “We had a very strong start to 2026. AI is driving a fundamental re-platforming of the Internet and a paradigm shift in how software…
Read the memo: Cloudflare is laying off 1,100 employees to prepare for 'the agentic AI era'
Cloudflare on Thursday announced layoffs of 1,100 staff as it reorganizes for "the agentic AI era." First-quarter earnings exceeded expectations, but Cloudflare shares dropped over 14% after hours.
Cloudflare sees Q2 EPS 27c, consensus 27c
Sees Q2 revenue $664M-$665M, consensus $665.55M.
Cloudflare raises FY26 EPS view to $1.19-$1.20 from $1.11-$1.12
Consensus $1.12. Raises FY26 revenue view to $2.805B-$2.813B from $2.785B-$2.795B, consensus $2.8B.