Companies /Technology

Cloudflare Inc - Class A

NYSE: NET Software - Infrastructure
$342.63
▼ $12.38 (−3.49%) today
Markets closed · 4:44pm ET

24/7 Wall St. View

NET at a Glance

Valuation
Market cap
$126.4B
Profitability
Revenue (TTM)
$2.5B
Profit margin
-8.2%
EPS (TTM)
$-0.57
Price
52-week range
$159 – $370
24/7 target
$398.22
Street target
$338.71
Earnings
Next report
Oct 29, 2026
Q2 2026 EPS
$0.29
vs. $0.27 est.
+7.5%

Headquartered in San Francisco, CA Fiscal year ends December NYSE: NET cloudflare.com

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is a connectivity cloud company that provides a unified platform of cloud-native products and developer tools designed to make employees, applications, and networks faster and more secure. The company operates one of the world's largest and most interconnected networks, blocking billions of online threats daily for millions of organizations ranging from the largest global brands to small businesses, nonprofits, humanitarian groups, and governments. Cloudflare's product suite spans web application security, DDoS mitigation, content delivery, DNS services, zero trust network access, developer platform (Workers), and AI infrastructure services. The company is increasingly positioning itself as the infrastructure layer for what it calls the 'Agentic Internet' — building controls, developer tools, and payment rails for machine-to-machine traffic driven by AI answer engines and agent-driven commerce. Cloudflare serves customers globally and generates revenue primarily through subscription-based pricing for its cloud services. Updated

Latest Activity

NETCloudflare
New 52-week high$359.49+0.2% vs prior high · 2026-09-24

Cloudflare set a fresh 52-week high at $359.49, topping its September 24 peak. The stock has roughly doubled off its low earlier this year.

52-week highs
7stocks hit new 52-week highs this week
  • AMDAMD$630.63+8.6%
  • NETCloudflare$349.02+7.5%
  • RBRKRubrik$109.55+7.2%
  • FTNTFortinet$173.46+3.5%
  • HPEHewlett Packard Enterprise$62.94+2.3%
  • SSentinelOne$22.38+1.1%
  • AAPLApple$341.07+0.3%

Seven names hit fresh 52-week highs this week, and AMD cleared its prior peak by 8.6%. Cloudflare and Rubrik followed at roughly 7% above their old marks, with Apple just barely in at 0.29%.

Reddit's most-discussed stocks · Sep 23
  1. 1RIVNbearish716 comments · 1.2K upvotes
  2. 2AMDsplit273 comments · 1.8K upvotes
  3. 3SPYsplit242 comments · 1.4K upvotes
  4. 4METAbullish213 comments · 996 upvotes
  5. 5NETsplit79 comments · 802 upvotes

METAheating up fast

SPYsouring fast

Rivian is drawing more heat than anything else on the board with 716 comments, and the mood there is bearish. Meta is the one traders are warming to fast, while the broad market ETF is going the other way.

Source: Reddit
52-week highs
5stocks hit new 52-week highs this week
  • DELLDell Technologies$568.06+9.9%
  • HPEHewlett Packard Enterprise$60.76+3.8%
  • CVXChevron$209.51+1.9%
  • NETCloudflare$323.6+0.9%
  • RBRKRubrik$106.71+0.8%

Five names printed fresh 52-week highs this week, and Dell cleared its prior peak by 9.93%, the widest margin of the group. Hewlett Packard Enterprise, Chevron, Cloudflare and Rubrik rounded out the list with narrower breakouts.

NETCloudflare
New 52-week high$333.94+0.9% vs prior high · 2026-08-13

Cloudflare just set a fresh 52-week high at $333.94, nearly double its February low. The next test is whether it holds the breakout.

Biggest movers · At the close
  • HPEHewlett Packard Enterprise$61.96+12.2%
  • DELLDell Technologies$564.87+11.5%
  • ONON Semiconductor$75.86+8.1%
  • SMCISuper Micro Computer$40.08+7.2%
  • CIFRCipher Mining$16.9+6.0%
  • SMRNuScale Power$8.7-14.8%
  • DOCNDigitalOcean$121.99-6.9%
  • SNDKSanDisk$1,632.76-3.5%
  • RBRKRubrik$86.6-2.6%
  • NETCloudflare$303.72-2.4%

Server hardware owned Friday's close: Hewlett Packard Enterprise added 12.2% and Dell 11.5%, with ON Semiconductor and Super Micro also finishing up more than 7%. NuScale Power sat at the other extreme, down 14.8% to $8.70.

Biggest movers · At the close
  • NETCloudflare$314.35+10.6%
  • SKHYSK hynix Inc.$199.42+7.5%
  • METAMeta$653.65+6.5%
  • DOCNDigitalOcean$134.3+6.0%
  • HPEHewlett Packard Enterprise$58.67+4.7%
  • CIFRCipher Mining$16.93-8.6%
  • LYFTLyft$14.96-7.9%
  • LCIDLucid$4.29-7.5%
  • BRKRBruker$54.46-6.7%
  • ASANAsana$8.23-6.4%

Cloudflare closed up 10.57% at $314.35, the biggest gain across 111 priority names. Cipher Mining shed 8.56% and Lyft 7.91% at the other extreme.

52-week highs
14stocks hit new 52-week highs this week
  • ABNBAirbnb$184.06+20.9%
  • SSentinelOne$23.11+13.5%
  • NETCloudflare$315.78+9.8%
  • PANWPalo Alto Networks$384.27+8.1%
  • RBRKRubrik$102.23+6.7%
  • ANETArista Networks$198.82+6.7%
  • HPEHewlett Packard Enterprise$58.71+6.5%
  • SNOWSnowflake$328.92+6.1%
  • DELLDell Technologies$490.81+5.8%
  • EXPEExpedia$332.69+4.1%

Fourteen names set fresh 52-week highs this week, and Airbnb cleared its old peak by 21% at $184.06. Cloudflare, Palo Alto Networks and Snowflake all broke out too, with Dell and Arista rounding out a leaderboard tilted toward enterprise tech.

NETCloudflare
New 52-week high$310.59+3.1% vs prior high · 2026-08-04

Cloudflare printed a fresh 52-week high at $310.59, topping its Aug. 4 peak by 3% and pushing the network name to roughly $100 billion in market value. Six days between records is a fast cadence for a stock that traded at $163 in February.

NET Coverage

Frequently Asked Questions

What does Cloudflare do?

Cloudflare, Inc. (NYSE: NET) is a connectivity cloud company that provides a unified platform of cloud-native products and developer tools designed to make employees, applications, and networks faster and more secure.

What is the NET stock price target?

24/7 Wall St.'s 12-month price target for NET is $398.22, rated Buy. The Wall Street consensus target is $338.71. NET price prediction →