Cloudflare (NYSE:NET – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.350-1.350 for the period, compared to the consensus estimate of 1.020. The company issued revenue guidance of $3.0 billion, compared to the consensus revenue estimate of $2.9 billion. Cloudflare also updated its Q4 2026 guidance to 0.430-0.430 EPS.
Cloudflare Trading Up 11.0%
NET stock traded up $26.82 during trading on Friday, hitting $271.33. The company had a trading volume of 4,786,839 shares, compared to its average volume of 4,050,470. The firm has a market capitalization of $95.91 billion, a P/E ratio of -469.37, a PEG ratio of 206.44 and a beta of 1.37. The company has a quick ratio of 1.82, a current ratio of 1.82 and a debt-to-equity ratio of 1.22. Cloudflare has a 52-week low of $158.83 and a 52-week high of $370.35. The company has a 50 day simple moving average of $319.02 and a 200-day simple moving average of $249.31.
Cloudflare (NYSE:NET – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The business had revenue of $782.51 million for the quarter, compared to analyst estimates of $737.16 million. During the same period last year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 39.2% compared to the same quarter last year. As a group, research analysts forecast that Cloudflare will post 0.03 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently issued reports on NET shares. Wall Street Zen cut Cloudflare from a “buy” rating to a “hold” rating in a research note on Sunday, October 25th. Robert W. Baird set a $330.00 target price on Cloudflare in a research report on Friday, August 7th. Stephens started coverage on Cloudflare in a research report on Tuesday. They set an “overweight” rating for the company. Barclays increased their price target on Cloudflare from $355.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, October 12th. Finally, KeyCorp raised their price target on Cloudflare from $300.00 to $375.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Twenty-six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Cloudflare has a consensus rating of “Moderate Buy” and an average target price of $333.75.
Read Our Latest Stock Analysis on NET
Insider Buying and Selling at Cloudflare
In other news, insider Michelle Zatlyn sold 33,003 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The shares were sold at an average price of $348.29, for a total value of $11,494,614.87. Following the sale, the insider directly owned 69,775 shares in the company, valued at approximately $24,301,934.75. This trade represents a 32.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Carl Ledbetter sold 5,000 shares of Cloudflare stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of $304.40, for a total transaction of $1,522,000.00. Following the completion of the transaction, the director directly owned 868,073 shares in the company, valued at approximately $264,241,421.20. The trade was a 0.57% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 259,057 shares of company stock valued at $79,516,905. 10.66% of the stock is currently owned by insiders.
More Cloudflare News
Here are the key news stories impacting Cloudflare this week:
- Positive Sentiment: Third-quarter revenue rose 39.2% year over year to $782.5 million, above the roughly $737 million consensus, while adjusted EPS of $0.38 beat the $0.34 estimate. Cloudflare delivers strong Q3 numbers
- Positive Sentiment: The company raised its fourth-quarter 2026 outlook to EPS of $0.43 and revenue of $845–$846 million, versus consensus estimates of $0.31 and $797.9 million. Its FY 2026 guidance also moved above expectations: EPS of $1.35 versus $1.02 and revenue of about $3.0 billion versus $2.9 billion. Cloudflare raises full-year guidance
- Positive Sentiment: Enterprise momentum adds support to the growth outlook: customers spending more than $100,000 annually increased 25% year over year. Piper Sandler reaffirmed its Overweight rating and raised its price target to $337 from $333.
- Neutral Sentiment: Analyst views were mixed. Needham lowered its price target to $365 while keeping a Buy rating, and Cantor Fitzgerald cut its target to $310 and maintained Neutral.
- Negative Sentiment: Despite the growth and outlook, reports noted that gross margin declined, free cash flow grew more slowly than revenue, and the GAAP operating loss widened—potential concerns about profitability as Cloudflare scales. Cloudflare sales rise, but margins face pressure
About Cloudflare
Cloudflare, Inc provides cloud-based services that help businesses and other organizations protect, connect and improve the performance of websites, applications and networks. Its global network delivers services including content delivery, domain name system management, and protection against distributed denial-of-service attacks and other cyber threats.
The company also offers web application security, bot management and Zero Trust services for securing access to applications and internal networks.
Read More
- Five stocks we like better than Cloudflare
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
- Block by Block: Cash App Builds a Stronger Foundation
- Arista Networks Cashes In on the AI Infrastructure Buildout
- Powering Up: Freeport-McMoRan’s $4.5B Copper Expansion
Receive News & Ratings for Cloudflare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cloudflare and related companies with MarketBeat.com's FREE daily email newsletter.
