Insider buying last 90 days
No open-market insider purchases were filed for NET in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every NET insider filing, plotted on the chart in Gekko.Open NET in Gekko
NYSE: NET
Cloudflare (NET) Stock Analysis & Forecast
Nov 4 close
$266.58−7.04 (−2.6%)
Gekko Brief
AI summaryNov 4 closeCloudflare shares have pulled back sharply since October, falling from a year-to-date high of $370 to the $264 area as investors weigh a rich valuation ahead of the company's Q3 2026 earnings call on November 5, 2026. The move has drawn mixed analyst reaction: JPMorgan upgraded the stock to Overweight after the selloff, citing an opportunity for accelerating revenue growth, while other commentary has flagged margin pressure and premium valuation concerns, alongside notes on insider selling and a separate Strong Sell view with a $90 working fair value estimate. A highly publicized PHP vulnerability was also referenced as illustrating demand for Cloudflare's security services.
NET closed at $266.58, down 2.6%, sitting below its 50-day average of $319.81 but above its 200-day average of $249.39, with one-month returns of -24.9% against six-month and one-year gains of 7.2% and 7.4%. The GekkoIndex reads 68.1, placing the stock in the Accumulation zone. Price sits 11.4% below Gekko Fair Value of $300.82.
Earnings arrive after the close on 5 November 2026, falling inside the next 20-trading-day window and carrying an average absolute reaction of 8.8% historically, with options pricing implying an 11% move this time; past moves have ranged from a 20.2% rise to a 7.5% fall, exceeding the implied move in 3 of the last 8 reports. Over the last 30 days there has been 1 unusual options signal, with call premium of $9,181,826 against put premium of $2,028,614. Seasonally, the next 20 trading days have averaged +3.5% over 5 years, rising in 3 of them.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Cloudflare price vs fair value
Close $266.58200-day averageGekko Fair Value $300.82
Cloudflare quick facts
- Market cap
- $95.01B
- P/E ratio
- —
- Forward P/E
- 142.9
- EPS, TTM
- −$0.58
- Revenue, TTM
- $2.51B
- Profit margin
- -8.2%
- Dividend yield
- —
- Beta
- 1.37
- Volume
- 3.41M avg 3.28M
- 1-year return
- +7.4%
- Typical daily move
- ±7.5%
- Typical 20-day move
- ±10.1%
- 50-day average
- $319.81
- 200-day average
- $249.39
- Next earnings
- Nov 5 after close
- Shares outstanding
- 322.6M
Cloudflare swing-trade checklist
Cloudflare scores 4 supportive, 1 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
4 supportive1 mixed1 headwind
- Trendmixed
Averages disagree
Close $266.58 sits between the 50-day ($319.81) and 200-day ($249.39) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
68.1, Accumulation
Reading 68.1 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
11.4% below
Price is 11.4% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 1 unusual options signal.
See smart money - Earnings riskheadwind
Reports today
Reports on Nov 5, 2026, today — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+3.5% on average
From this point in the calendar, the next 20 trading days averaged +3.5% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Cloudflare stock chart and price history
Cloudflare closed at $266.58 on Nov 4, 2026, +7.4% over the past year, inside a 52-week range of $158.83 to $370.35.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −24.9%
- 3 months
- −6.3%
- 6 months
- +7.2%
- 1 year
- +7.4%
The full NET chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NET in Gekko
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About Cloudflare
Cloudflare operates a cloud-based platform that protects websites, applications and networks across public and private clouds, on-site systems, SaaS tools and connected devices. It is recognized for combining defensive tools such as firewalls, DDoS mitigation, bot control and encryption with services that speed up online traffic, including content delivery, routing and image optimization. The platform also covers uptime and reliability needs through load balancing, its own Anycast network, DNS services and virtual waiting rooms for high-traffic sites.
Beyond its core security and performance offerings, Cloudflare gives developers tools for building and running applications, from serverless computing and programmable networks to site creation, domain registration and data analytics. It also reaches individual users directly through a DNS resolver app and a consumer VPN aimed at improving browsing speed and privacy. Its customer base cuts across technology, healthcare, financial services, retail, non-profit and government sectors.
Cloudflare was founded in 2009 and is based in San Francisco, California. Its shares trade on the NYSE under the ticker NET.
- Listed
- NYSE
- Sector
- Technology services
- Industry
- Information technology services
- Website
- cloudflare.com
Cloudflare GekkoIndex: the smart money zone
Cloudflare’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 68.1, in the Accumulation zone, up 8 points over five sessions.
68.1Accumulation
Up 8 points over five sessions.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 25 | +4.2% | +4.9% | ||
| Accumulation (current zone) | 163 | +1.0% | +4.2% | ||
| Neutral | 429 | +1.4% | +6.1% | ||
| Distribution | 75 | +0.5% | +0.5% | ||
| Selling | 5 | Too few readings yet | |||
Average NET share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.0% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the NET price, zone by zone.Track NET in Gekko
Is Cloudflare stock overvalued? Gekko Fair Value
Cloudflare trades 11.4% below Gekko Fair Value of $300.82, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Cloudflare shares are worth, recalculated every trading day.
$300.82
Gekko Fair Value, Nov 4, 2026
11.4% Undervalued
At the end of Aug 2026 the price was 2.6% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open NET in Gekko
Cloudflare insider and Congress trading
No open-market insider purchases were filed for Cloudflare, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in NET were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for NET, plotted on the chart in Gekko.Open NET in Gekko
Buybacks
Cloudflare has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $29.47M
- As a share of market cap
- 0.03%
From company filings.
Unusual options activity last 30 days
1signal, 82% of the flagged premium in calls.
Latest: Bullish flow on Oct 24, $11.21M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
4of the funds Gekko tracks hold NET.
0added1opened3trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Cloudflare earnings: next date and track record
Cloudflare reports on Nov 5, 2026, after the close (today), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Nov 5, 2026
Expected after the close, today
- EPS estimate
- $0.34
- Revenue estimate
- $736.8M
7 of 8reports beat the EPS estimate
±8.8%average move across the report
5 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- Cloudflare reported Q2 2026 revenue of $696.1 million, up 36% year-over-year, with non-GAAP operating margin of 13.8% and $96.1 million operating profit. Large customers (>$100K ARR) grew 27% YoY to 4,698, with a record 986 net additions. Dollar-based net retention improved to 120%, up 6% YoY. Free cash flow reached $56.4 million, up 69% YoY. Developer platform added nearly 2 million developers in Q2 alone.
- Guidance
- No explicit forward-looking guidance or revenue targets were provided in this excerpt. Management expressed continued confidence in business momentum, citing accelerating pipeline generation, record customer additions, and strong positioning in agentic AI infrastructure.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $0.29 est $0.27 | $696.1M est $664.7M | +2.5% |
| May 7, 2026 | $0.25 est $0.23 | $639.8M est $620.8M | −21.1% |
| Feb 10, 2026 | $0.28 est $0.27 | $614.5M est $591.3M | +9.0% |
| Oct 30, 2025 | $0.27 est $0.23 | $562.0M est $544.6M | +11.4% |
| Jul 31, 2025 | $0.21 est $0.18 | $512.3M est $501.3M | −0.4% |
| May 8, 2025 | $0.16 est $0.16 | $479.1M est $469.3M | +8.7% |
| Feb 6, 2025 | $0.19 est $0.18 | $459.9M est $452.1M | +15.5% |
| Nov 7, 2024 | $0.20 est $0.18 | $430.1M est $424.1M | −1.4% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Cloudflare stock forecast and analyst price targets
Analysts’ average 12-month price target for Cloudflare is $345.16, +29.5% from the last close, from 26 firms rating the stock in the last 90 days.
$345.16consensus 12-month target, +29.5% from the last close
Now $266.58Avg $345.16
Low $160High $430
Each firm’s latest rating in the last 90 days: 26 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 3 | J.P. Morgan | $350 | +31.3% |
| Nov 3 | Barclays | $400 | +50.0% |
| Nov 2 | Jefferies | $320 | +20.0% |
| Nov 2 | Bernstein | $245 | −8.1% |
| Oct 29 | Bernstein | $245 | −8.1% |
+4.2%average 20-day move after past Accumulation readings
+3.5%average move over the next 20 trading days in the last 5 years
±7.5%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Cloudflare seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Cloudflare averaged +3.5% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +7.0% | 3 of 5 |
| Next 10 trading days | +5.3% | 4 of 5 |
| Next 15 trading days | +6.0% | 3 of 5 |
| Next 20 trading days | +3.5% | 3 of 5 |
| Next 30 trading days | +5.2% | 3 of 5 |
For scale, NET’s typical 20-trading-day move in either direction is about 10.1%.
Cloudflare market cap and key statistics
Cloudflare’s market cap is $95.01B and revenue of $2.51B over the last twelve months.
Valuation
- Market cap
- $95.01B
- Forward P/E
- 142.9
- EPS, TTM
- −$0.58
- Gekko Fair Value
- $300.82
Trading
- Volume
- 3.41M
- Avg volume, 20 days
- 3.28M
- 52-week high
- $370.35
- 52-week low
- $158.83
- Shares outstanding
- 322.6M
Financials
- Revenue, TTM
- $2.51B
- Profit margin
- -8.2%
- Return on equity
- -14.4%
- Quarterly earnings growth, YoY
- 0.0%
Risk and income
- Beta
- 1.37
- Typical daily move
- ±7.5%
- Typical 20-day move
- ±10.1%
Cloudflare stock news this week
Coverage of Cloudflare this week reads positive: 2 positive, 1 neutral and 1 negative headlines.
- Cloudflare stock: insiders sell, options market points to a drop after earningsInvezz, Nov 4
- Cloudflare, Inc. (NET) stock price, news, quote and historyYahoo Finance Singapore, Nov 3
- JPMorgan upgrades Cloudflare (NET) to Overweight after selloffFinbold, Nov 3
- Buy, Sell, or Hold? Tuesday’s Top Upgrades and Downgrades: AON, Bloom Energy, Chevron, Cloudflare, Marvell Technologies, Lumentum Holdings, Merck & Co., Roku, X-Energy, and More247 Wallst, Nov 3
- BOCHK Asset Management Ltd Sells 15,200 Shares of Cloudflare, Inc. $NETDefense World, Nov 3
- Cloudflare, Inc. $NET Shares Sold by Bank Julius Baer & Co. Ltd ZurichDefense World, Nov 3
Cloudflare peers
Cloudflare’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| IBMInternational Business Machines | Neutral | 8.4% below |
| ACNAccenture | Neutral | 14.6% above |
| FTNTFortinet | Buying | 5.1% above |
| WDAYWorkday | Neutral | 15.9% above |
| CTSHCognizant Technology Solutions | Neutral | 18.7% below |
| HPQHP | Accumulation | 6.2% below |
A peer links to its own page where one exists.
Cloudflare stock FAQ
What is Cloudflare’s market cap?
Cloudflare’s market cap is $95.01B at the Nov 4, 2026 close of $266.58, with 322.6M shares outstanding.
What is the Cloudflare stock forecast?
The consensus analyst 12-month price target for Cloudflare is $345.16, +29.5% from the last close. Of the 26 firms that rated the stock in the last 90 days, 21 rate it a buy, 4 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Cloudflare stock overvalued or undervalued?
On Gekko’s estimate Cloudflare is undervalued: the Nov 4, 2026 close of $266.58 is 11.4% below Gekko Fair Value of $300.82. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Cloudflare report earnings next?
Cloudflare is expected to report on Nov 5, 2026, after the market closes (today). Analysts expect earnings of $0.34 per share on revenue of $736.8M. Cloudflare beat the earnings estimate in 7 of its last 8 reports, moving 8.8% on average across the report.
What is Cloudflare’s 52-week high and low?
Cloudflare’s 52-week high is $370.35 and its 52-week low is $158.83; it closed at $266.58 on Nov 4, 2026, +7.4% over the past year.
Is Cloudflare stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 4 of the 6 items with data read as supportive (gekkoindex, fair value, smart money and seasonality), 1 as mixed (trend) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Cloudflare?
Gekko flagged 1 unusual options signal in Cloudflare over the last 30 days, with $9.18M of flagged premium in calls and $2.03M in puts. The latest, bullish flow, was on Oct 24, 2026 with $11.21M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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