Cloudflare (NYSE:NET) Announces Q4 2026 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.430-0.430 for the period, compared to the consensus estimate of 0.310. The company issued revenue guidance of $845.0 million-$846.0 million, compared to the consensus revenue estimate of $797.9 million. Cloudflare also updated its FY 2026 guidance to 1.350-1.350 EPS.

Analyst Upgrades and Downgrades

NET has been the subject of several recent research reports. Citigroup restated a “market outperform” rating on shares of Cloudflare in a research report on Monday, August 31st. Wells Fargo & Company boosted their price objective on Cloudflare from $380.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 28th. Wall Street Zen cut shares of Cloudflare from a “buy” rating to a “hold” rating in a research note on Sunday, October 25th. Piper Sandler reiterated an “overweight” rating and set a $337.00 price target (up from $333.00) on shares of Cloudflare in a research report on Friday. Finally, BTIG Research lifted their target price on shares of Cloudflare from $382.00 to $413.00 and gave the stock a “buy” rating in a research report on Tuesday, October 6th. Twenty-six research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $332.82.

Cloudflare Trading Up 10.1%

Shares of Cloudflare stock opened at $269.20 on Friday. Cloudflare has a fifty-two week low of $158.83 and a fifty-two week high of $370.35. The business’s fifty day moving average is $318.23 and its two-hundred day moving average is $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. The firm has a market cap of $95.15 billion, a PE ratio of -395.88, a P/E/G ratio of 210.90 and a beta of 1.37.

Cloudflare (NYSE:NET) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. The company had revenue of $782.51 million for the quarter, compared to the consensus estimate of $737.16 million. Cloudflare had a negative net margin of 8.21% and a negative return on equity of 3.88%. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. During the same period last year, the firm posted $0.27 EPS. Analysts anticipate that Cloudflare will post 0.03 earnings per share for the current year.

Insiders Place Their Bets

In other Cloudflare news, Director Carl Ledbetter sold 5,000 shares of Cloudflare stock in a transaction on Monday, September 14th. The shares were sold at an average price of $312.22, for a total value of $1,561,100.00. Following the sale, the director directly owned 878,073 shares in the company, valued at approximately $274,151,952.06. The trade was a 0.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Thomas Seifert sold 12,500 shares of the business’s stock in a transaction dated Monday, October 19th. The stock was 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 approximately $31,444,367.22. The trade was a 10.64% 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 have sold 259,057 shares of company stock worth $79,516,905. Corporate insiders own 10.66% of the company’s stock.

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, 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.