CleaRank Financial AI • AI-powered analysis using real-time market data from TwelveData
Analysis reviewed by Shaun David, Co-Founder. Data refreshed daily. Not financial advice.
Cloudflare, Inc. (NET) is trading at $324.33, above its 50-day and 200-day moving averages ($319.22 and $241.18) but below its 20-day exponential moving average. The company has demonstrated impressive revenue growth of 35.9%, outpacing the sector median of 24.1%. Analysts maintain a generally positive outlook, with a consensus rating of 'Buy' and a median price target of $355.00, implying a 9.5% upside. However, the company's fundamentals are mixed, with negative EPS (-$0.58) and a substantial net loss margin of -8.21%. Insiders have been heavy net sellers, with over $1 billion in sales versus no reported purchases, indicating significant selling pressure. This divergence between strong growth and analyst optimism versus negative profitability and insider divestitures presents a key tension for investors.
NET at a glance
Cloudflare, Inc. (NET): Buy, 68/100 on CleaRank's AI score.
TrendUp: the price is above both its 50- and 200-day moving averages ($319.22 and $241.18).
EarningsNET beat estimates in 3 of its last 3 quarters, yet fell the next day after 1 of those beats.
InsidersInsiders sold $1.0B and made no open-market purchases over the last 18 months.
As of October 15, 2026, Cloudflare, Inc. (NET) trades at $324.33. Wall Street's consensus target is $355.00 across 34 analysts. The 14-day RSI (daily closes) is 45, in neutral territory, and the price is above its 50-day simple moving average of $319.22.
Figures as of October 15, 2026.
Only on CleaRank
Figures we compute ourselves from NET's own price, earnings and insider-filing history. Tap one to see it in context.
On price-to-sales, the yardstick used here in place of P/E, NET trades at 49.28x, far above the sector average of 7.50x.
NET Financial Performance
Revenue vs. Earnings
Annual
Quarterly
Earnings Reality Check
In the last 3 quarters, NET beat the analyst estimate 3 times; the stock fell in the first session after 1 of those beats.
NET earnings surprises and the stock's reaction
Report
EPS estimate
EPS actual
Surprise
First session
5 sessions
Aug 6, 2026
$0.27
$0.29
+7.41%
+5.57%
+16.31%
May 7, 2026
$0.23
$0.25
+8.70%
-23.62%
-22.19%
Feb 10, 2026
$0.27
$0.28
+3.70%
+5.24%
+6.37%
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
As of October 15, 2026, NET has beaten the analyst EPS estimate in 3 of its last 3 reported quarters and fell in the first trading session after 1 of those beats; its latest report, on August 6, 2026, came in 7.41% above the estimate and the stock moved +5.57% in the first session.
NET Analysis
Company's Health3/5
12-Month Analyst Target+9.46% above price
Median of 34 analysts (12-month)
$355.00
AI Analyst Consensus ScoreBuy
Cloudflare, Inc. (NET) is currently trading above its 50-day SMA ($319.22) and 200-day SMA ($241.18), suggesting a generally positive longer-term trend. However, the price is below its 20-day EMA ($341.37), indicating some near-term weakness. The 14-day RSI is at 44.82, falling within the neutral momentum range, and the MACD is positive at 7.63, but its magnitude suggests momentum is not accelerating. Volume has been above average recently, with the latest volume at 3.72 million compared to a 2.59 million average. Key support levels are indicated by the 50-day SMA, while resistance may be found near the 20-day EMA. The current chart structure suggests a period of consolidation or potential pullback before a decisive move.
Key Catalysts
BullishStrong Revenue Growth Continues
Cloudflare's revenue growth of 35.9% outpaces the sector median, indicating strong market adoption and demand for its services.
Source: Company Data
BullishPositive Analyst Sentiment and Price Targets
The majority of analysts rate NET as a 'Buy' with a median price target of $355.00, suggesting potential upside.
Source: Wall Street Summary
BearishHeavy Insider Selling Pressure
Insiders have sold over $1 billion in stock with no reported purchases, signaling potential concerns or a planned divestiture.
Source: Insider Summary
BearishPersistent Unprofitability
The company continues to report negative EPS and net profit margins, raising questions about its path to profitability.
Source: Company Data
BearishPremium Valuation Multiples
A price-to-sales ratio of 49.28 is significantly higher than the sector average, making the stock vulnerable to valuation compression.
Source: Company Data
Market Outlook
Cloudflare, Inc. (NET) is expected to continue its strong revenue growth trajectory, with analysts projecting 32.00% growth for the current year and 29.00% for next year. The median analyst price target of $355.00 suggests a modest upside from the current price, reflecting confidence in the company's market position and growth prospects. However, the path forward is not without challenges. The substantial insider selling and the company's current unprofitability are significant headwinds that could pressure the stock. A shift in market sentiment towards profitability over growth, or any deceleration in Cloudflare's expansion, could lead to a re-rating of its premium valuation.
Key Statistics
Market Cap
115.49B
P/E Ratio
N/A (Negative EPS)
EPS (TTM)
-0.5800
Dividend Yield
0.00%
52 Week High
370.35
52 Week Low
158.83
As of October 15, 2026, NET trades at $324.33, with a market value of $115.49B and no P/E ratio (its trailing earnings are negative).
Cloudflare, Inc. (NET) exhibits a high price-to-sales ratio of 49.28, significantly above the sector median of 7.5, suggesting a premium valuation. The company is currently loss-making, with a negative EPS of -$0.58 and a net profit margin of -8.21%, which is considerably worse than the sector median ROE of 13.4%. The company's revenue growth of 35.9% is strong and exceeds the sector average of 24.1%, indicating strong top-line expansion. However, this growth is not yet translating into profitability, and the high valuation multiples combined with negative earnings present a significant risk.
Earnings & Growth Analysis
Cloudflare, Inc. (NET) most recently reported earnings on August 6, 2026, beating analyst estimates with an EPS of $0.29 versus an expected $0.27, a 7.41% surprise, which coincided with a 5.57% stock price increase. Prior to this, the company missed estimates in May 2026, leading to a significant price drop of -23.62%. The company has a history of beating EPS estimates, with positive surprises in the last three reported quarters, although the stock price reaction has been volatile.
Key Risks
Significant insider selling, with over $1 billion in dispositions versus no purchases, poses a substantial risk. The company's high valuation, evidenced by a price-to-sales ratio of 49.28, makes it vulnerable to market corrections or any slowdown in growth. Also, Cloudflare's persistent unprofitability, with a negative net profit margin of -8.21%, remains a key concern, especially in a rising interest rate environment.
Technical Indicators i
RSI (14-day)
44.82
MACD (12, 26)
7.63
SMA (50-day)
319.22
SMA (200-day)
241.18
Technical RatingBullish
RSI
Neutral
SMA Cross
Bullish
Price vs SMA
Bullish
MACD
Bullish
Golden Cross in effect with the 50-day SMA ($319.22) above the 200-day SMA ($241.18), price action is firmly bullish above key moving averages.
As of October 15, 2026, with NET at $324.33, its 14-day RSI is 44.8 (neutral territory), its 50-day simple moving average is $319.22 and its 200-day is $241.18.
Calculated by CleaRank on daily closes as of October 15, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
Market Correlations
How this stock moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
S&P 500 (SPY)+0.46
Moderate correlation
Nasdaq 100 (QQQ)+0.47
Moderate correlation
Bitcoin (BTC)+0.24
Weak correlation
Gold (XAU)+0.01
Weak correlation
As of October 15, 2026, NET's 1-year correlation of daily returns is +0.46 with S&P 500 (SPY), +0.47 with Nasdaq 100 (QQQ), +0.24 with Bitcoin (BTC) and +0.01 with gold (XAU).
Check Custom Correlation
How does any other asset move with NET? One year of daily closes, Pearson correlation.
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NET Wall Street View
12-month price targets
Low $160.00Median $355.00 (+9.5%)High $413.00
Ratings
Buy 23Hold 8Sell 33 months ago: 24 of 34 buy
Recent rating actions
Recent analyst rating actions on NET
Date
Firm
Action
Rating
Oct 9, 2026
Oppenheimer
Maintains
Outperform
Oct 6, 2026
BTIG
Maintains
Buy
Sep 17, 2026
Bernstein
Maintains
Market Perform
Aug 31, 2026
Citizens
Reiterates
Market Outperform
Aug 10, 2026
Citigroup
Maintains
Buy
Aug 10, 2026
Susquehanna
Maintains
Neutral
As of October 15, 2026, 34 Wall Street analysts cover NET: 23 rate it a buy or strong buy, 8 a hold and 3 a sell or strong sell. Their 12-month price targets range from $160.00 to $413.00, with a median of $355.00, 9.5% above the price of $324.33.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
NET Trade Plans
Specific entry, exit, and risk management levels
Select Your Trade Bias
Risk Tolerance
Conservative2%Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →
Long entry pick an entry style
Conservative
$317.84
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$324.33
Buy at current price
Higher risk, immediate entry
Risk Management
STOP LOSS
$282.72
MAX LOSS
-11.1%
Volatility-Adjusted Stop Loss
Calculated based on RSI (44.8) and current market volatility
NET moves about 3.7% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Growth of $10,000
A $10,000 investment in NET in September 2019 would be worth about $180,183 today, compared with about $25,560 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
NET Drawdowns & Recovery
Worst fall, last 7 years
-81.3%
November 2021 to June 2022
Recovery
39 months
back at the old peak by September 2025
From the 7-year high
-10.1%
highest close, October 2026
1-year holds that gained
81%
of every 1-year window
As of October 15, 2026, NET's worst peak-to-trough fall over the last 7 years was -81.3% (November 2021 to June 2022); it regained that peak by September 2025, 39 months after the low, and 81% of 1-year holding periods ended with a gain.
From weekly closing values. A drawdown is the fall from the highest value reached so far to a later low.
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in NET today could grow to about $30,811 by 2036 in the base case, with a 90th-percentile outcome near $233,754 and a 10th-percentile outcome around $4,061. Projections are statistical simulations, not guarantees.
NET Stock Price Prediction: 2030
CleaRank's simulation projects a price near $509 for NET by 2030 in the base case, from $324 today (1.6x over 4 years). The 10th-percentile path ends near $141. These are outcomes of a Monte Carlo simulation run on NET's historical return distribution, not price targets, and they assume no dividends are reinvested.
NET simulated price paths by year
Year
10th percentile
Base case
90th percentile
2027
$191
$363
$689
2028
$164
$406
$1,005
2029
$150
$455
$1,379
2030
$141
$509
$1,833
2031
$136
$569
$2,386
Method: a lognormal simulation of NET's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. NET is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation.
As of October 15, 2026, NET insiders reported 127 open-market sales worth $1.0B and no open-market purchases over the last 18 months; grants and option exercises are not counted.
Recent insider transactions in NET
Date
Insider
Type
Shares
Value
Sep 22, 2026
LEDBETTER CARL
Director
Sell
5.0K
$1.8M
Sep 17, 2026
SEIFERT THOMAS J
Chief Financial Officer
Sell
10.0K
$3.3M
Sep 17, 2026
SEIFERT THOMAS J
Chief Financial Officer
Grant
10.0K
-
Sep 14, 2026
LEDBETTER CARL
Director
Sell
5.0K
$1.6M
Sep 8, 2026
ZATLYN MICHELLE
President
Sell
99.0K
$27.7M
Sep 8, 2026
ZATLYN MICHELLE
President
Grant
99.0K
-
Aug 21, 2026
ZATLYN MICHELLE
President
Sell
99.0K
$28.3M
Aug 21, 2026
ZATLYN MICHELLE
President
Grant
99.0K
-
Aug 18, 2026
STARZAK ALISSA MICHELLE
Officer
Sell
5.9K
$1.8M
Aug 18, 2026
RILEY JANEL
Officer
Sell
5.1K
$1.6M
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Frequently Asked Questions
What are the key risks facing Cloudflare (NET)?
Key risks for Cloudflare (NET) include substantial insider selling totaling over $1 billion, a high valuation with a price-to-sales ratio of 49.28, and persistent unprofitability indicated by a -8.21% net profit margin.
How has Cloudflare (NET) performed in recent earnings reports?
Cloudflare (NET) recently beat EPS estimates in its August 2026 report, leading to a stock price increase, but experienced a significant price drop after missing estimates in May 2026. The company has shown a pattern of positive EPS surprises.
What is Cloudflare's (NET) revenue growth compared to its sector?
Cloudflare (NET) reported a revenue growth of 35.9%, which is significantly higher than the sector median of 24.1%, indicating strong expansion in its top line.
What is the technical outlook for Cloudflare (NET) stock?
Technically, Cloudflare (NET) is trading above its 50-day and 200-day moving averages ($319.22 and $241.18) but below its 20-day EMA, with neutral 14-day RSI momentum. Recent volume has been above average, suggesting investor interest despite mixed short-term signals.
How does Cloudflare's (NET) valuation compare to its peers?
Cloudflare (NET) trades at a premium valuation with a price-to-sales ratio of 49.28, considerably higher than the sector median of 7.5, indicating that investors are pricing in significant future growth.
Are insiders buying or selling NET?
Selling, on balance. In the last 18 months, NET's officers, directors and large holders reported 127 sales worth $1.0B and no open-market purchases. Grants and option exercises are not counted as buying.
What is the analyst price target for NET?
As of October 15, 2026, the 34 Wall Street analysts covering NET have 12-month targets from $160.00 to $413.00, with a median of $355.00, 9.5% above the current price of $324.33. 23 rate it a buy or strong buy, 8 a hold and 3 a sell or strong sell. Three months ago 24 of 34 rated it a buy.
What is NET's biggest drop in the last 7 years?
Cloudflare, Inc. (NET)'s worst peak-to-trough fall over the last 7 years was -81.3%, from November 2021 to June 2022. It regained that peak by September 2025, 39 months after the low. Over the same period, 81% of 1-year holding periods ended with a gain.
What are NET's best and worst months?
Over the last 7 years, June has been NET's strongest month on average (+16.27%, rising in 6 of 7 years) and December its weakest (-2.91%, rising in 4 of 7 years). Seasonal averages describe the past and do not predict a given year.
How closely does NET move with the stock market?
Over the past year NET's daily returns were moderately correlated with the S&P 500 (SPY) (+0.46). Nasdaq 100 (QQQ): +0.47; Bitcoin (BTC): +0.24; Gold (XAU): +0.01. A figure near +1 means the two usually move together; near 0 means little relationship.
