Market Cap
$125.4B
NET
Cloudflare, Inc.
$349.31 ▼ -0.48%
Prev close $351.00Market cap$125.4B
ConsensusBuy
12-mo target$336.81 (-3.6%)
▲ Bullish
Analyst conviction 7/10
Insider Selling Cluster (2 insiders)37 New Institutional Positions13 Institutional ExitsCongressional Activity (1) Cloud & SaaSCybersecurity
Snapshot
The big-picture read on NET right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Strong Buy (73%)
Inst. Holders
50 funds
Inst. Value
$58.6B
Inst. Activity
37 buys / 13 sells
Insider Activity
$0.00 buy / $34.3M sell
Insider Net $
-$34.3M
Social Sentiment
59° Warm
SEC Reports
20
Congressional
3 trades
Price chart 30d +28.1%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 22, 2026 Insider
Ledbetter Carl sold 5,000 shares
Director @ $353.15 ($1.8M)
Sep 22, 2026 short_volume
Short Volume: NET — 57.7% short (0.9M / 1.5M)
Short: 873,183 | Exempt: 305 | TRF Vol: 1,513,793 | Short Ratio: 57.7% | Off-exchange volume (dark p
Sep 17, 2026 Insider
SEIFERT THOMAS J acquired 10,000 shares
Chief Financial Officer
Sep 17, 2026 Insider
Sep 16, 2026 SEC SEIFERT THOMAS J sold 100 shares
Chief Financial Officer @ $320.89 ($32.1K)
A cluster of insider sales at Cloudflare, totaling ~$1.64M, was driven primarily by President & Board Co-Chair Michelle
CLUSTER — Impact 2/10
Two insider sells in the cluster: CFO Thomas Seifert surrendered 2,944 shares for tax withholding (code F, $963K, non-ca
CLUSTER — Impact 3/10
Sep 2, 2026 Event
Doe v. CloudFlare, Inc.
Court ruling (cand) — Docket: 3:25-cv-10300
Aug 18, 2026 Congress
Gilbert Cisneros sell
$1,001 - $15,000 — House
Analyst ratings buy % +30.4%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
73% rate it Buy or better · 40 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 17, 2026 | Bernstein | MAINTAIN | Market Perform | 51% |
| Aug 31, 2026 | Citizens | REITERATE | Market Outperform | 38% |
| Aug 10, 2026 | Citigroup | MAINTAIN | Buy | 55% |
| Aug 10, 2026 | Susquehanna | MAINTAIN | Neutral | 56% |
| Aug 8, 2026 | Scotiabank | MAINTAIN | Sector Outperform | 56% |
| Aug 7, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Aug 7, 2026 | TD Cowen | MAINTAIN | Buy | 56% |
| Aug 7, 2026 | RBC Capital | MAINTAIN | Outperform | 55% |
| Aug 7, 2026 | Piper Sandler | MAINTAIN | Overweight | 54% |
| Aug 7, 2026 | Guggenheim | MAINTAIN | Sell | 52% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 9 | 20 | 8 | 1 | 2 | 73% | |
| Aug 1, 2026 | 10 | 20 | 8 | 1 | 1 | 75% | |
| Jul 1, 2026 | 10 | 19 | 9 | 1 | 1 | 73% | |
| Jun 1, 2026 | 10 | 18 | 10 | 1 | 1 | 70% | |
| May 1, 2026 | 10 | 18 | 10 | 1 | 1 | 70% | |
| Apr 1, 2026 | 10 | 17 | 11 | 1 | 1 | 68% | |
| Mar 1, 2026 | 10 | 17 | 10 | 2 | 1 | 68% | |
| Feb 1, 2026 | 7 | 16 | 14 | 2 | 1 | 57% |
Price targets
Where 31 covering analysts think NET trades over the next 12 months.
$336.81 -3.6% upside Hold
Current$349.30 Low$160.00 Median$355.00 High$400.00 31 analysts
$160.00$400.00
Analyst rating Buy· 2.0/5 as of Oct 2, 2026
Social media sentiment mood +50.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
59°
Warm
BearishNeutralBullish
Recent posts
Is it worth trying to use AI to make plays?
▲ 1 · 💬 6· ⚡ 0.5
anyone buying up BIDU here maybe?
▲ 1 · 💬 1· ⚡ 0.5
$XPEV is Unitree’s biggest competitor. Asymmetrical Bet.
▲ 1 · 💬 15· ⚡ 0.5
Xpeng an asymmetrical bet here with Unitree IPO 8,000x oversubscribed
▲ 1 · 💬 3· ⚡ 0.5
Xpeng £1.2m YOLO
▲ 1 · 💬 1· ⚡ 0.5
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
20 SEC filing reports analyzed · 2 bullish, 1 bearish, 1 mixed, 16 neutral · avg impact 3.0/10.
BULLISHANALYST-UPGRADE2/10
Scotiabank upgrades NET to Sector Outperform — PT $300 (+21%)
Jul 7, 2026
NEUTRALCLUSTER2/10
A cluster of insider sales at Cloudflare, totaling ~$1.64M, was driven primarily by President & Boar
Sep 16, 2026
NEUTRALCLUSTER3/10
Two insider sells in the cluster: CFO Thomas Seifert surrendered 2,944 shares for tax withholding (c
Sep 16, 2026
BULLISHCOURT-RULING5/10
Cloudflare obtained a final judgment in its favor in a Section 230 immunity case. The court denied p
Sep 3, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 22, 2026
short_volume
Short Volume: NET — 57.7% short (0.9M / 1.5M)
Short: 873,183 | Exempt: 305 | TRF Vol: 1,513,793 | Short Ratio: 57.7% | Off-exchange volume (dark pool + OTC)
Sep 21, 2026
short_volume
Short Volume: NET — 62.3% short (1.2M / 1.9M)
Short: 1,213,536 | Exempt: 309 | TRF Vol: 1,949,445 | Short Ratio: 62.3% | Off-exchange volume (dark pool + OTC)
Sep 15, 2026
short_volume
Short Volume: NET — 56.5% short (1.0M / 1.7M)
Short: 969,703 | Exempt: 1,473 | TRF Vol: 1,715,946 | Short Ratio: 56.5% | Off-exchange volume (dark pool + OTC)
Sep 14, 2026
short_volume
Short Volume: NET — 58.0% short (1.2M / 2.1M)
Short: 1,230,002 | Exempt: 2,929 | TRF Vol: 2,122,007 | Short Ratio: 58.0% | Off-exchange volume (dark pool + OTC)
Sep 9, 2026
short_volume
Short Volume: NET — 62.6% short (1.5M / 2.4M)
Short: 1,498,569 | Exempt: 2,840 | TRF Vol: 2,392,298 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.34 | $0.34–$0.37 | 27.1% | +0.1% | 28↑ 1↓ | $0.7B | 29 |
| Next Q | $0.38 | $0.36–$0.42 | 35.2% | +0.1% | 25↑ 1↓ | $0.8B | 29 |
| Current FY | $1.26 | $1.25–$1.32 | 35.8% | +0.0% | 30↑ 1↓ | $2.9B | 32 |
| Next FY | $1.68 | $1.39–$1.98 | 32.7% | +0.3% | 29↑ 2↓ | $3.7B | 33 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.343 | — |
| 7d ago | $0.343 | — |
| 30d ago | $0.343 | +0.000 |
| 60d ago | $0.322 | +0.021 |
| 90d ago | $0.322 | +0.021 |
Institutional ownership
Which big funds own NET (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $58.6B total value (238,917,326 shares) as of 2026-Q2. Top holders: Capital, BlackRock,, VANGUARD. Net buying activity: 37 institutions added/increased vs 13 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Capital World Investors | 24,325,692 | $6.0B | 10.2% | — |
| BlackRock, Inc. | 21,598,907 | $5.3B | 9.0% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 16,819,726 | $4.1B | 7.0% | — |
| MORGAN STANLEY | 15,258,327 | $3.7B | 6.4% | — |
| BAILLIE GIFFORD & CO | 14,598,594 | $3.6B | 6.1% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 14,430,365 | $3.5B | 6.0% | — |
| FMR LLC | 12,655,471 | $3.1B | 5.3% | — |
| Capital International Investors | 10,981,005 | $2.7B | 4.6% | — |
| STATE STREET CORP | 7,420,765 | $1.8B | 3.1% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 5,963,905 | $1.5B | 2.5% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| NORGES BANK | NEW | — | 3,596,888 | — | $882.2M |
| GOLDMAN SACHS GROUP INC | ADD | 2,452,366 | 3,071,969 | +25.3% | $753.5M |
| D. E. Shaw & Co., Inc. | ADD | 1,287,246 | 1,947,802 | +51.3% | $477.8M |
| Pictet Asset Management Holding SA | ADD | 1,381,985 | 1,798,113 | +30.1% | $441.0M |
| MENORA MIVTACHIM HOLDINGS LTD. | NEW | — | 983,250 | — | $241.2M |
| Clearbridge Investments, LLC | DOUBLED | 11,983 | 912,622 | +7516.0% | $223.8M |
| HSBC HOLDINGS PLC | ADD | 581,821 | 880,981 | +51.4% | $217.4M |
| WESTFIELD CAPITAL MANAGEMENT CO LP | ADD | 541,566 | 835,502 | +54.3% | $204.9M |
| Phoenix Financial Ltd. | DOUBLED | 321,817 | 807,564 | +150.9% | $198.1M |
| BALYASNY ASSET MANAGEMENT L.P. | ADD | 350,237 | 670,903 | +91.6% | $164.6M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
3 insiders, 50 transactions. Net -$34.3M — $0.00 bought, $34.3M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 22, 2026 | Ledbetter Carl | Director | SELL | 5,000 | $353.15 | $1.8M |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | CONVERT | 10,000 | — | — |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 100 | $320.89 | $32.1K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 100 | $318.90 | $31.9K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 100 | $326.56 | $32.7K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 300 | $328.04 | $98.4K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 700 | $329.37 | $230.6K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 700 | $330.23 | $231.2K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 1,196 | $331.59 | $396.6K |
| Sep 17, 2026 | SEIFERT THOMAS J | Chief Financial Officer | SELL | 1,604 | $332.50 | $533.3K |
Congressional trades
NET trades disclosed by members of Congress, with disclosure delay.
2 members · 1 buys / 2 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Aug 18, 2026 | Gilbert Cisneros | D | HOUSE | SELL | $1,001 - $15,000 | Cloudflare Inc | Sep 11, 2026(25d) |
| Feb 4, 2026 | Joshua Gottheimer | D | HOUSE | SELL | $1,001 - $15,000 | Cloudflare Inc | Mar 17, 2026(42d) |
| Jan 30, 2026 | Gilbert Cisneros | D | HOUSE | BUY | $1,001 - $15,000 | Cloudflare Inc | Feb 16, 2026(18d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for NET.
Shares short
7,703,439
Settlement Sep 15, 2026
Change vs prior
+13.4%
Semi-monthly cycle
Days to cover
2.4
At avg daily volume
Of shares outstanding
≈2.2%
Estimate — not % of float
All NET filing & press-release reports (38)
- Scotiabank upgrades NET to Sector Outperform — PT $300 (+21%)Jul 7, 2026
- CLUSTER reportSep 16, 2026
- CLUSTER reportSep 16, 2026
- COURT-RULING reportSep 3, 2026
- CLUSTER reportAug 21, 2026
- CLUSTER reportAug 20, 2026
- CLUSTER reportAug 19, 2026
- 8-K reportAug 13, 2026
- CLUSTER reportAug 11, 2026
- CLUSTER reportAug 6, 2026
- CLUSTER reportAug 6, 2026
- CLUSTER reportJul 17, 2026
- CLUSTER reportJul 15, 2026
- CLUSTER reportJul 8, 2026
- CLUSTER reportJul 7, 2026
- CLUSTER reportJul 6, 2026
- 8-K reportJul 3, 2026
- CLUSTER reportJul 3, 2026
- DEFA14A reportJun 26, 2026
- CLUSTER reportJun 17, 2026
- 144 reportJun 17, 2026
- CLUSTER reportJun 8, 2026
- CLUSTER reportJun 1, 2026
- 144 reportJun 1, 2026
- CLUSTER reportMay 27, 2026
- CLUSTER reportMay 21, 2026
- CLUSTER reportMay 19, 2026
- CLUSTER reportMay 5, 2026
- CLUSTER reportMay 4, 2026
- CLUSTER reportApr 30, 2026
- CLUSTER reportApr 30, 2026
- 144 reportApr 17, 2026
- 144 reportApr 1, 2026
- 144 reportMar 27, 2026
- CLUSTER reportMar 20, 2026
- CLUSTER reportMar 6, 2026
- CLUSTER reportMar 6, 2026
- CLUSTER reportMar 4, 2026