FY2026 Earnings Estimate for Cloudflare Issued By Scotiabank

Posted by Geri Gentry on Aug 26th, 2026

Cloudflare, Inc. (NYSE:NET – Free Report) – Equities researchers at Scotiabank cut their FY2026 earnings per share (EPS) estimates for shares of Cloudflare in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst P. Colville now forecasts that the company will post earnings of $0.02 per share for the year, down from their previous forecast of $0.03. Scotiabank currently has a “Outperform” rating and a $390.00 target price on the stock. The consensus estimate for Cloudflare’s current full-year earnings is $0.03 per share. Scotiabank also issued estimates for Cloudflare’s FY2027 earnings at $0.34 EPS.

Several other equities analysts have also commented on NET. Guggenheim upped their price objective on shares of Cloudflare from $140.00 to $160.00 and gave the stock a “sell” rating in a report on Friday, August 7th. Morgan Stanley reiterated an “overweight” rating and issued a $370.00 price objective on shares of Cloudflare in a report on Friday, August 7th. New Street Research reissued a “market outperform” rating on shares of Cloudflare in a research report on Monday, June 15th. Raymond James Financial assumed coverage on Cloudflare in a research note on Tuesday, July 7th. They issued a “strong-buy” rating on the stock. Finally, Mizuho boosted their price target on shares of Cloudflare from $260.00 to $310.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $320.19.

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Cloudflare Stock Performance

NYSE NET opened at $277.73 on Monday. The stock has a market cap of $98.17 billion, a PE ratio of -478.84, a P/E/G ratio of 172.15 and a beta of 1.65. The company has a current ratio of 1.82, a quick ratio of 1.82 and a debt-to-equity ratio of 1.22. Cloudflare has a twelve month low of $158.83 and a twelve month high of $332.22. The stock has a fifty day simple moving average of $270.08 and a 200-day simple moving average of $229.33.

Cloudflare (NYSE:NET – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.02. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The firm had revenue of $696.06 million during the quarter, compared to analysts’ expectations of $664.66 million. During the same period last year, the business earned $0.21 earnings per share. Cloudflare’s revenue was up 35.9% compared to the same quarter last year. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS.

Insiders Place Their Bets

In other news, CFO Thomas J. Seifert sold 10,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $307.32, for a total value of $3,073,200.00. Following the completion of the sale, the chief financial officer directly owned 110,846 shares of the company’s stock, valued at approximately $34,065,192.72. This represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Graham-Cumming sold 2,520 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $303.97, for a total transaction of $766,004.40. Following the completion of the sale, the director directly owned 494,909 shares of the company’s stock, valued at $150,437,488.73. The trade was a 0.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 656,774 shares of company stock valued at $171,985,677. 10.66% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Cloudflare in the 2nd quarter worth $7,640,000. California State Teachers Retirement System lifted its holdings in shares of Cloudflare by 24,491.6% in the 2nd quarter. California State Teachers Retirement System now owns 114,562,194 shares of the company’s stock valued at $28,099,815,000 after buying an additional 114,096,335 shares during the period. Ameritas Advisory Services LLC boosted its stake in shares of Cloudflare by 11.9% in the second quarter. Ameritas Advisory Services LLC now owns 2,176 shares of the company’s stock valued at $534,000 after buying an additional 231 shares in the last quarter. HB Wealth Management LLC grew its holdings in Cloudflare by 40.4% during the second quarter. HB Wealth Management LLC now owns 9,240 shares of the company’s stock worth $2,266,000 after acquiring an additional 2,657 shares during the period. Finally, Nilsine Partners LLC raised its position in Cloudflare by 11.7% in the second quarter. Nilsine Partners LLC now owns 1,206 shares of the company’s stock worth $296,000 after acquiring an additional 126 shares in the last quarter. Institutional investors and hedge funds own 82.68% of the company’s stock.

Cloudflare Company Profile

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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.