NET— Cloudflare, Inc.
NYSETechnology · Software - Infrastructure
Cloudflare, Inc. (NET) stock trades at $224.94, up 3.00% on the day. With a market capitalization of $79.84 billion, NET is a large-cap technology stock. It trades at a forward P/E of 142.9 and earnings per share (EPS) of $-0.25. Over the most recent period the company reported 34% year-over-year revenue growth and a net profit margin of -3.7%. Below you'll find NET's full fundamentals, fair-value estimates, dividend history, earnings and our buy, hold or avoid verdict for 2026.
Price & Performance
Performance
Analysis & Verdict
Cloudflare, Inc. (NET) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
Cloudflare, Inc. (NET) operates in the Software - Infrastructure space within the Technology sector. With a market cap of $79.8B, it qualifies as a mid-cap company. Revenue is expanding quickly, but the company has yet to translate that growth into consistent profits — a common risk in high-growth early-stage businesses.
- Revenue grew 34% year-over-year — exceptional top-line expansion
- Negative profit margin of -3.7% — company is currently unprofitable
- Negative ROE of -5.9% — shareholder equity is being eroded
- High debt-to-equity of 230.86× increases financial risk, especially with elevated interest rates
- No dividend history — total return depends entirely on price appreciation
- High beta of 1.67 — this stock is significantly more volatile than the broader market
Verdict
Avoid
Significant fundamental concerns outweigh positives. High risk at current levels.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Fair Value Estimates
Current price: $224.94
Graham Number
√(22.5 × EPS × Book Value)
N/A
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
N/A
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
3/10
43% score
Pays dividends
No dividend history found
Dividend consistency (5Y+)
Uninterrupted dividend payments for at least 5 years
ROE above 10%
-5.9%Return on equity — measures how efficiently capital is used
Positive profit margin
-3.7%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+33.5%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
230.86×Low financial leverage reduces risk of distress
Current ratio above 1
1.96×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$1.0B/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Financials
Revenue & Results
Key Statistics
Earnings
Next Earnings
Jul 30, 2026
36
days
EPS (TTM)
$-0.25
P/E (TTM)
—
Fwd P/E
142.9
SEC Filings & Reported Financials
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Insider Transactions
SEC Form 4 · officers, directors & 10% owners
Dividends & Income
Dividends
This stock does not pay dividends.
Tools & Simulators
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
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About Cloudflare, Inc.
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. It also offers application performance solutions, such as content delivery, load balancing, DNS, smart shield, video stream delivery, web optimization, cloudfare waiting room, and cloudfare data localization suite; SASE platform that combines network services and Zero Trust and workplace security products that provides a cloud-based network and security-as-a-service; network services, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust security services which include cloudflare zero trust network access, secure web gateway, and one client; and remote browser isolation, cloud access security broker, cloud email security, digital experience monitoring, and data loss prevention products. Further, it provides developer-based solutions comprising workers AI, vectorize, AI gateway, cloudflare workers, cloudflare pages, R2 object storage, workers KV, durable objects, D1, hyperdrive, queues, cloudfare stream, cloudfare images, and cloudflare realtime; and consumer offerings, such as 1.1.1.1 DNS and with WARPm and cloudfare registrar that offers secure registration and management of domain names. The company serves customers in technology, healthcare, financial services, consumer and retail, industrial, and non-profit industries, as well as government. The company was incorporated in 2009 and is headquartered in San Francisco, California.
Sector
Technology
Industry
Software - Infrastructure
Location
San Francisco, United States
Employees
5,483
NET — Frequently Asked Questions
Is Cloudflare, Inc. (NET) a good stock to buy in 2026?
Cloudflare, Inc. (NET) shows strengths such as revenue growth of 34%, while risks include negative profit margins and high leverage (debt/equity of 230.9). Whether NET is a good buy in 2026 depends on your time horizon and risk tolerance — review the full bull case, bear case and fair-value estimates above. This is informational analysis, not financial advice.
What is NET's stock price today?
Cloudflare, Inc. (NET) trades at $224.94, up 3.00% on the session. Prices on this page update throughout the trading day.
Does NET pay a dividend?
No. Cloudflare, Inc. (NET) does not currently pay a dividend, so the return comes entirely from share-price appreciation.
What is NET's market cap?
Cloudflare, Inc. (NET) has a market capitalization of $79.84 billion, classifying it as a large-cap stock in the Technology sector.
Disclaimer: This page — including any buy/hold/avoid view, fair value or price estimate — is generated from market data for informational and educational purposes only and does not constitute financial, investment or trading advice. Data may be delayed or inaccurate. Always do your own research and consult a licensed financial advisor before making any investment decision.