Cloudflare (NET) Expected to Post Quarterly Earnings on Thursday

Key Points

• Cloudflare is expected to report Q3 2026 results on November 5 after market close, with analysts forecasting $0.3424 in earnings per share and $736.8 million in revenue. The company’s Q3 EPS guidance is $0.340, while full-year guidance is $1.250–$1.260.
• In the prior quarter, Cloudflare exceeded expectations with $0.29 EPS versus a $0.27 estimate and $696.06 million in revenue, up 35.9% year over year. Despite this growth, the company reported a negative net margin and negative return on equity.
• Analysts maintain a broadly positive view, with a consensus rating of “Moderate Buy” and an average price target of $331.33. However, insiders sold roughly 476,339 shares worth $143.4 million over the past 90 days, while the stock has recently declined 2.9%.

Cloudflare (NYSE:NET - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Cloudflare to announce earnings of $0.3424 per share and revenue of $736.80 million for the quarter. Cloudflare has set its Q3 2026 guidance at 0.340-0.340 EPS and its FY 2026 guidance at 1.250-1.260 EPS. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Cloudflare (NYSE:NET - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. The firm had revenue of $696.06 million during the quarter, compared to analysts' expectations of $664.66 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 35.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.21 earnings per share. On average, analysts expect Cloudflare to post $0.03 EPS for the current fiscal year and $0.25 EPS for the next fiscal year.

Cloudflare Stock Down 2.9%

Shares of NET stock opened at $318.16 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.82 and a quick ratio of 1.82. Cloudflare has a one year low of $158.83 and a one year high of $370.35. The company's fifty day moving average price is $320.38 and its 200-day moving average price is $246.69. The company has a market capitalization of $112.46 billion, a price-to-earnings ratio of -548.54, a PEG ratio of 259.07 and a beta of 1.65.

Insider Activity

In related news, CFO Thomas J. Seifert sold 55,000 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $300.30, for a total value of $16,516,500.00. Following the sale, the chief financial officer owned 113,790 shares in the company, valued at approximately $34,171,137. The trade was a 32.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Prince sold 52,383 shares of the company's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $283.42, for a total transaction of $14,846,389.86. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 476,339 shares of company stock worth $143,439,267. 10.66% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NET has been the subject of a number of analyst reports. Citigroup reiterated a "market outperform" rating on shares of Cloudflare in a research note on Monday, August 31st. Raymond James Financial started coverage on Cloudflare in a report on Tuesday, July 7th. They set a "strong-buy" rating on the stock. UBS Group boosted their price objective on Cloudflare from $250.00 to $350.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. BTIG Research boosted their price target on Cloudflare from $382.00 to $413.00 and gave the stock a "buy" rating in a report on Tuesday, October 6th. Finally, DZ Bank lowered shares of Cloudflare from a "strong-buy" rating to a "strong sell" rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, six have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $331.33.

Cloudflare Company Profile

Cloudflare, Inc NYSE: NET provides cloud connectivity, security and performance services for websites, applications, corporate networks and other internet-connected resources. Its global network is designed to help organizations improve the reliability, speed and security of digital services while reducing the complexity of managing internet infrastructure.

The company's offerings include content delivery and authoritative domain name system services, distributed denial-of-service protection, web application and application programming interface security, bot management, and network security tools.

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