Stock AnalizCloudflare, Inc. NET
Computer Software: Prepackaged Software · IPO 2019 · data as of November 13, 2026
Cloudflare, Inc. (NET) is a technology company listed in the US with a market value of about $109.6B. In the twelve months to September 30, 2026 it had revenue of $2.7B and net income of -$239M, a net margin of -8.7%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 304.9, 5-year revenue growth of 38% a year, a 5-year average ROIC of -6%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 90% below the current price.
Score: 1.4 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 9 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.2B | $1.7B | $1.3B | $975M | $656M | $431M | $287M | $193M | $135M |
| Net income | -$239M | -$102M | -$79M | -$184M | -$193M | -$260M | -$119M | -$106M | -$87M | -$11M |
| Free cash flow | $359M | $287M | $195M | $140M | -$20M | -$28M | -$74M | -$82M | -$69M | -$16M |
| EPS (diluted) | $-0.68 | $-0.29 | $-0.23 | $-0.55 | $-0.59 | $-0.83 | $-0.40 | $-0.72 | $-1.08 | $-0.14 |
| Net margin | -8.7% | -4.7% | -4.7% | -14.2% | -19.8% | -39.7% | -27.7% | -36.9% | -45.2% | -8.0% |
| ROIC | — | -4.4% | -4.9% | -6.7% | -7.2% | -4.8% | -8.2% | -10.9% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 32 analysts is $344.19, 13% above the current price; targets range from $190.00 to $430.00; the consensus rating is “Buy”; expected EPS is $1.35 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Cloudflare stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 90% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Cloudflare pay a dividend?
Not currently.
Is Cloudflare a good stock to buy?
We do not give buy or sell advice. Cloudflare scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.