We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Cloudflare (NET) Stock Moves -1.18%: What You Should Know
Read MoreHide Full Article
Cloudflare (NET - Free Report) closed the most recent trading day at $303.61, moving -1.18% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Shares of the web security and content delivery company have depreciated by 12.8% over the course of the past month, underperforming the Computer and Technology sector's loss of 3.87%, and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of Cloudflare in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. The company is predicted to post an EPS of $0.35, indicating a 29.63% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $733.3 million, up 30.47% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.26 per share and revenue of $2.87 billion. These totals would mark changes of +35.48% and +32.54%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Cloudflare. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Cloudflare is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Cloudflare is presently being traded at a Forward P/E ratio of 243.02. This expresses a premium compared to the average Forward P/E of 20.59 of its industry.
Also, we should mention that NET has a PEG ratio of 6.5. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.25 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 76, which puts it in the top 31% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Cloudflare (NET) Stock Moves -1.18%: What You Should Know
Cloudflare (NET - Free Report) closed the most recent trading day at $303.61, moving -1.18% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.21%. At the same time, the Dow added 0.02%, and the tech-heavy Nasdaq lost 2.6%.
Shares of the web security and content delivery company have depreciated by 12.8% over the course of the past month, underperforming the Computer and Technology sector's loss of 3.87%, and the S&P 500's loss of 0.03%.
The investment community will be paying close attention to the earnings performance of Cloudflare in its upcoming release. The company is slated to reveal its earnings on November 5, 2026. The company is predicted to post an EPS of $0.35, indicating a 29.63% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $733.3 million, up 30.47% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.26 per share and revenue of $2.87 billion. These totals would mark changes of +35.48% and +32.54%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Cloudflare. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Cloudflare is holding a Zacks Rank of #3 (Hold) right now.
In terms of valuation, Cloudflare is presently being traded at a Forward P/E ratio of 243.02. This expresses a premium compared to the average Forward P/E of 20.59 of its industry.
Also, we should mention that NET has a PEG ratio of 6.5. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.25 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 76, which puts it in the top 31% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.