FY2026 Earnings Estimate for Cloudflare Issued By Scotiabank

Cloudflare, Inc. (NYSE:NET) – Investment analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Cloudflare in a report issued on Wednesday, February 11th. Scotiabank analyst P. Colville now forecasts that the company will post earnings per share of ($0.12) for the year, down from their previous estimate of $0.07. Scotiabank has a “Sector Perform” rating and a $225.00 price objective on the stock. The consensus estimate for Cloudflare’s current full-year earnings is ($0.11) per share. Scotiabank also issued estimates for Cloudflare’s FY2027 earnings at $0.01 EPS.

A number of other research firms have also recently weighed in on NET. Cantor Fitzgerald restated a “neutral” rating and issued a $224.00 price target on shares of Cloudflare in a report on Wednesday, February 11th. Wells Fargo & Company lifted their price target on shares of Cloudflare from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Citigroup upped their price target on Cloudflare from $260.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday. Robert W. Baird set a $260.00 price objective on Cloudflare and gave the company an “outperform” rating in a report on Wednesday, February 11th. Finally, KeyCorp restated an “overweight” rating on shares of Cloudflare in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $232.11.

Cloudflare Price Performance

NET opened at $196.00 on Monday. The firm has a market capitalization of $68.66 billion, a PE ratio of -675.84 and a beta of 1.97. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.04 and a quick ratio of 2.04. The business’s 50-day moving average is $190.07 and its two-hundred day moving average is $204.75. Cloudflare has a 1 year low of $89.42 and a 1 year high of $260.00.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. Cloudflare had a negative return on equity of 7.40% and a negative net margin of 4.72%.The firm had revenue of $614.51 million during the quarter, compared to analyst estimates of $591.67 million. During the same period in the previous year, the company posted $0.19 EPS. The business’s revenue for the quarter was up 33.6% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NET. Physician Wealth Advisors Inc. lifted its position in shares of Cloudflare by 693.3% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 119 shares of the company’s stock worth $26,000 after purchasing an additional 104 shares during the last quarter. Wiser Advisor Group LLC acquired a new stake in Cloudflare in the third quarter valued at $26,000. HM Payson & Co. purchased a new stake in Cloudflare during the 4th quarter worth about $25,000. Westside Investment Management Inc. boosted its position in shares of Cloudflare by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 130 shares of the company’s stock worth $28,000 after acquiring an additional 65 shares in the last quarter. Finally, ORG Wealth Partners LLC boosted its position in shares of Cloudflare by 101.4% during the 3rd quarter. ORG Wealth Partners LLC now owns 139 shares of the company’s stock worth $30,000 after acquiring an additional 70 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Insider Buying and Selling at Cloudflare

In other Cloudflare news, insider Michelle Zatlyn sold 35,099 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $199.26, for a total transaction of $6,993,826.74. Following the transaction, the insider directly owned 24,555 shares in the company, valued at $4,892,829.30. This represents a 58.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew Prince sold 52,384 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $201.23, for a total value of $10,541,232.32. The SEC filing for this sale provides additional information. Insiders have sold 562,475 shares of company stock valued at $110,342,859 over the last 90 days. 10.89% of the stock is owned by insiders.

Cloudflare Company Profile

Cloudflare, Inc is a global web infrastructure and security company that provides a suite of services designed to improve the performance, reliability and security of internet properties. Its core offerings include a content delivery network (CDN), distributed denial-of-service (DDoS) protection, managed DNS, and a web application firewall (WAF). Cloudflare also provides tools for bot management, SSL/TLS, load balancing and rate limiting to help organizations maintain uptime and protect web applications from attack.

In addition to traditional edge and security services, Cloudflare has expanded into edge computing and developer platforms.