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Cloudflare, Inc. (NET)

Technology | Software - Infrastructure | San Francisco, United States | NYSE
204.81 USD +3.82 (1.901%) ⇧ (April 20, 2026, 4 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:48 a.m. EDT

Negative. Momentum is deteriorating: 14-day price dropped ~6% from the recent highs despite a 7% positive forecast, while an insider (CFO) recently sold USD 2M. Overvalued (P/S 32x, P/E negative), structurally negative earnings, and no dividend. Technicals are bottoming near recent lows, demand a 'buy the dip' bottom test rather than a strong entry.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.101676
AutoETS0.105397
AutoARIMA0.105399
AutoTheta0.158558

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 45%
H-stat 8.09
Ljung-Box p 0.000
Jarque-Bera p 0.259
Excess Kurtosis -1.11
Attribute Value
Sector Technology
Debt to Equity Ratio 241.126
Revenue per Share 6.222
Market Cap 72,089,083,904
Forward P/E 142.06
Beta 1.88
Profit Margins -4.72%
Website https://www.cloudflare.com

As of April 19, 2026, 1:48 a.m. EDT: Speculators are exhibiting significant information asymmetry in the options market, creating conflicting signals. Long-dated calls (Jun+ Jul) show massive open interest (12.7k–25k) on deep ITM strikes ($55–$200), suggesting institutional/hedgers are buying downside protection or scripting pricing, while speculative short-dated flow is unbalanced. Calls at $220–$230 show heavy volume relative to open interest (new flow), indicating upside gamma exposure with 30-60 DTE. Puts see sustained volume at $190–$195 (OTM support), but deep ITM puts have notable volume spikes, often coinciding with IV spikes rather than directional conviction. The sentiment is polarized: hedging theta/IV against a move (via ITM calls/puts) while some speculators chase current volatility with short-term directional bets.


Info Dump

Attribute Value
52 Week Change 0.91751707
Address1 101 Townsend Street
All Time High 260.0
All Time Low 14.5
Ask 208.0
Ask Size 200
Audit Risk 1
Average Analyst Rating 1.9 - Buy
Average Daily Volume10 Day 6,136,180
Average Daily Volume3 Month 5,180,132
Average Volume 5,180,132
Average Volume10Days 6,136,180
Beta 1.875
Bid 0.0
Bid Size 200
Board Risk 8
Book Value 4.147
City San Francisco
Compensation As Of Epoch Date 1,735,603,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 204.81
Current Ratio 1.976
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 205.255
Day Low 195.2
Debt To Equity 241.126
Display Name Cloudflare
Earnings Call Timestamp End 1,778,187,600
Earnings Call Timestamp Start 1,778,187,600
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,778,184,000
Earnings Timestamp Start 1,778,184,000
Ebitda -42,443,000
Ebitda Margins -0.01958
Enterprise To Ebitda -1,684.757
Enterprise To Revenue 32.984
Enterprise Value 71,506,157,568
Eps Current Year 1.12152
Eps Forward 1.44174
Eps Trailing Twelve Months -0.29
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 195.8852
Fifty Day Average Change 8.924805
Fifty Day Average Change Percent 0.045561407
Fifty Two Week Change Percent 91.75171
Fifty Two Week High 260.0
Fifty Two Week High Change -55.190002
Fifty Two Week High Change Percent -0.21226925
Fifty Two Week Low 103.0
Fifty Two Week Low Change 101.81
Fifty Two Week Low Change Percent 0.9884466
Fifty Two Week Range 103.0 - 260.0
Financial Currency USD
First Trade Date Milliseconds 1,568,381,400,000
Float Shares 315,462,342
Forward Eps 1.44174
Forward P E 142.05751
Free Cashflow 388,025,120
Full Exchange Name NYSE
Full Time Employees 5,156
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.74514
Gross Profits 1,615,411,968
Has Pre Post Market Data 1
Held Percent Insiders 0.00738
Held Percent Institutions 0.89551
Implied Shares Outstanding 351,980,298
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name Cloudflare, Inc.
Market us_market
Market Cap 72,089,083,904
Market State PRE
Max Age 86,400
Message Board Id finmb_81851700
Most Recent Quarter 1,767,139,200
Net Income To Common -102,267,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 72,089,084,832
Number Of Analyst Opinions 31
Open 199.0
Operating Cashflow 603,113,984
Operating Margins -0.07016
Overall Risk 9
Payout Ratio 0.0
Peg Ratio 2.38
Phone 888 993 5273
Pre Market Change 1.1799927
Pre Market Change Percent 0.57611203
Pre Market Price 206.0
Pre Market Time 1,776,777,540
Previous Close 200.99
Price Eps Current Year 182.61823
Price Hint 2
Price To Book 49.387512
Price To Sales Trailing12 Months 33.252388
Profit Margins -0.04717
Quick Ratio 1.918
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.91429
Region US
Regular Market Change 3.81999
Regular Market Change Percent 1.90059
Regular Market Day High 205.255
Regular Market Day Low 195.2
Regular Market Day Range 195.2 - 205.255
Regular Market Open 199.0
Regular Market Previous Close 200.99
Regular Market Price 204.81
Regular Market Time 1,776,715,202
Regular Market Volume 2,604,642
Return On Assets -0.026919998
Return On Equity -0.08164
Revenue Growth 0.336
Revenue Per Share 6.222
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 10
Shares Outstanding 317,576,096
Shares Percent Shares Out 0.0229
Shares Short 8,051,303
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 8,443,935
Short Name Cloudflare, Inc.
Short Percent Of Float 0.028499998
Short Ratio 2.22
Source Interval 15
State CA
Symbol NET
Target High Price 300.0
Target Low Price 135.0
Target Mean Price 231.85484
Target Median Price 235.0
Total Cash 4,101,251,072
Total Cash Per Share 11.652
Total Debt 3,518,327,040
Total Revenue 2,167,937,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.29
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 202.18945
Two Hundred Day Average Change 2.6205444
Two Hundred Day Average Change Percent 0.012960836
Type Disp Equity
Volume 2,604,642
Website https://www.cloudflare.com
Zip 94,107