CLOUDFLARE, INC. (NET)
NYSEInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
$266.58-2.57%
Close 2026-11-04 · 1-day change
NYSEInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
QuarterlyIQ Insights · NET
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 39.3% |
| Our one-year growth estimate | diamond | 39.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The two one-year growth estimates are about the same.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 21 industry peers
NET — earnings miss
Dated 2026-08-06
Results of Operations and Financial Condition. On August 6, 2026, Cloudflare, Inc. (the “Company”) reported financial results for the fiscal quarter ended June 30, 2026. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference. The information contained in Items 2.02 and 7.01 of this report, including Exhibit 99.1 attached hereto, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amen…
Why it matters: Q2 revenue grew 36% year over year. Q3 results will show whether that pace holds.
Supportive ifOn November 5, Q3 revenue is at least $736 million and year-over-year growth is above 36%.
Worry ifOn November 5, Q3 revenue is below $736 million or year-over-year growth is 36% or less.
Why it matters: The company recorded $150.7 million in restructuring charges in Q2. Higher costs could weaken the planned savings case.
Worry ifA later filing shows total charges over $150.7 million. Or the company says the plan is not mostly done by Q3 end.
Less concerning ifA later filing keeps total charges at $150.7 million or less. The company says the plan is mostly done by Q3 end.
Why it matters: The notes may be paid in cash, shares, or both. Final terms will show how much future share dilution is possible.
Watch forThe final note terms include a capped call, and the filing states it covers the shares tied to all $2.50 billion of notes.
Also watch forThe final filing shows no capped call, or states that it covers fewer shares than the notes could create.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$250 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $659 loss on $10,000 · 6.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,340 loss on $10,000 · 33.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.