Cloudflare (NYSE:NET) Issues FY 2026 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.350-1.350 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

A number of equities research analysts have issued reports on NET shares. Oppenheimer began coverage on shares of Cloudflare in a research report on Tuesday. They issued an “outperform” rating for the company. DZ Bank lowered Cloudflare from a “strong-buy” rating to a “strong sell” rating in a research note on Friday, August 7th. Mizuho raised their price target on shares of Cloudflare from $260.00 to $310.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Jefferies Financial Group lowered their price target on Cloudflare from $320.00 to $315.00 and set a “hold” rating on the stock in a report on Friday. Finally, BTIG Research increased their price objective on shares of Cloudflare from $382.00 to $413.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. Twenty-six investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $332.82.

Cloudflare Stock Up 10.1%

NYSE NET opened at $269.20 on Friday. Cloudflare has a 52-week low of $158.83 and a 52-week high of $370.35. The company has a fifty day moving average of $318.23 and a 200-day moving average of $249.77. 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 (NYSE:NET) last posted its earnings results on Thursday, November 5th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Cloudflare had a negative return on equity of 3.88% and a negative net margin of 8.21%. The company had revenue of $782.51 million during the quarter, compared to analyst estimates of $737.16 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. Cloudflare’s revenue was up 39.2% on a year-over-year basis. On average, research analysts forecast that Cloudflare will post 0.03 earnings per share for the current fiscal year.

Insider Transactions at Cloudflare

In related news, CFO Thomas J. Seifert sold 12,500 shares of Cloudflare stock in a transaction on Monday, October 19th. The shares were sold at an average price of $299.59, for a total value of $3,744,875.00. Following the transaction, the chief financial officer directly owned 104,958 shares of the company’s stock, valued at $31,444,367.22. The trade was a 10.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michelle Zatlyn sold 33,003 shares of the company’s stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $348.29, for a total transaction of $11,494,614.87. Following the completion of the transaction, the insider directly owned 69,775 shares of the company’s stock, valued at $24,301,934.75. This represents a 32.11% decrease in their position. 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. Over the last quarter, insiders have sold 259,057 shares of company stock worth $79,516,905. Insiders own 10.66% of the company’s stock.

Cloudflare News Summary

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, beating estimates, while adjusted EPS of $0.38 also topped forecasts. The company cited strong enterprise demand and growing adoption of its developer platform. Cloudflare Q3 Earnings Beat Estimates on Robust Enterprise Demand
• Positive Sentiment: Cloudflare raised its 2026 outlook: full-year revenue guidance is about $3.0 billion and EPS guidance is $1.35, above consensus estimates. Fourth-quarter revenue guidance of $845 million–$846 million and EPS guidance of $0.43 also exceeded expectations. Why Cloudflare Stock Opened Higher Today
• Positive Sentiment: Further signs of AI-related momentum include Cloudflare’s first revenue from AI bot traffic and a developer base that doubled to 10 million. Analysts at Wolfe Research upgraded the shares to Outperform. Why Cloudflare Stock Opened Higher Today
• Neutral Sentiment: Analyst actions were mixed: Piper Sandler reaffirmed Overweight and raised its target, while Scotiabank, Needham and Cantor Fitzgerald lowered targets; the latter firms retained positive or neutral ratings. Scotiabank rating update
• Negative Sentiment: Some profitability measures lagged growth: gross margin faced pressure, free cash flow grew more slowly than revenue, and the GAAP operating loss widened. Cloudflare’s high valuation may make the stock sensitive to any slowdown or disappointment. Cloudflare Sales Up 39%, Gross Margin Falls

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.