NET

Cloudflare, Inc.
NYSEUSDEQUITY Technology DELAYED
Last price
355.25
▼ 4.24 (1.18%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
361.37
Prev close
359.49
Day high
370.35
Day low
354.25
Volume
2.59M
Market cap
$126.41B
P/E (TTM)
—
52W range
158.83 – 370.35

Day trading desk

Current session · delayed
Gap from prior close
+0.52%
Prior close 359.49
VWAP
356.82
-0.44% from price
Relative volume
1.42×
Normal
Session range
4.62%
354.00 – 370.35
Position in range
8%
Near session low
ATR (14D)
16.59
4.67% of price
Prior day high
366.13
PDH
Prior day low
348.57
PDL
Bid / ask spread
—
Quote not published
Session volume
4.78M
Avg 3.36M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
+0.78% -1.2%
1M
+27.28% +26.1%
3M
+29.85% +25.3%
6M
+64.14% +46.0%
YTD
+80.07% +65.8%
1Y
+63.85% +47.4%
3Y
+463.15% +380.9%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on NET open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-47.36K
Net selling
Buy transactions
38
1.50M shares
Sell transactions
45
1.55M shares
Net transactions
+83
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
2.19M
Total on file
Bought 1.50MSold 1.55M

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 22, 26
LEDBETTER CARL
Director
SELL 5.00K $1.77M Indirect
Sep 17, 26
SEIFERT THOMAS J
Chief Financial Officer
— 10.00K — Direct
Sep 17, 26
SEIFERT THOMAS J
Chief Financial Officer
SELL 10.00K $3.32M Direct
Sep 14, 26
LEDBETTER CARL
Director
SELL 5.00K $1.56M Indirect
Sep 8, 26
ZATLYN MICHELLE
President
— 99.01K — Indirect
Sep 8, 26
ZATLYN MICHELLE
President
SELL 99.01K $27.66M Indirect
Aug 21, 26
ZATLYN MICHELLE
President
— 99.01K — Indirect
Aug 21, 26
ZATLYN MICHELLE
President
SELL 99.01K $28.29M Indirect
Aug 18, 26
STARZAK ALISSA MICHELLE
Officer
SELL 5.87K $1.81M Direct
Aug 18, 26
RILEY JANEL
Officer
SELL 5.15K $1.58M Direct
Aug 17, 26
SEIFERT THOMAS J
Chief Financial Officer
— 10.00K — Direct
Aug 17, 26
RILEY JANEL
Officer
CONVERSION 1.67K $113.01K Direct
Aug 17, 26
STARZAK ALISSA MICHELLE
Officer
CONVERSION 3.33K $258.97K Direct
Aug 17, 26
SEIFERT THOMAS J
Chief Financial Officer
SELL 10.00K $3.07M Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
GRAHAM-CUMMING JOHN
Director 494.91K Conversion of Exercise of derivative security
KRAMER DOUGLAS JAMES
Officer 101.10K Sale
LEDBETTER CARL
Director — Sale
PRINCE MATTHEW
Chief Executive Officer — Conversion of Exercise of derivative security
RILEY JANEL
Officer 41.55K Sale
SANDELL SCOTT D
Director 222.91K Stock Award(Grant)
SEIFERT THOMAS J
Chief Financial Officer 200.24K Conversion of Exercise of derivative security
STARZAK ALISSA MICHELLE
Officer 112.08K Sale
SUDER KATRIN
Director 38.27K Stock Award(Grant)
ZATLYN MICHELLE
President — Conversion of Exercise of derivative security

Fundamentals

TTM · reported
Market cap$126.41B
Enterprise value$125.78B
Revenue (TTM)$2.51B
Gross profit$1.82B
EBITDA$-3.61M
Net income$-206.28M
EPS (TTM)$-0.57
Free cash flow$691.95M
Total cash$4.16B
Total debt$3.53B
Book value / share$4.55
Shares outstanding322.62M
Float320.46M
Short % of float2.71%
Dividend yield0.00%
Beta (5Y)1.65

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E211.80
PEG ratio2.38
Price / sales—
Price / book77.99
EV / revenue50.06
EV / EBITDA-34,841.66
Gross margin72.58%
Operating margin-7.60%
Profit margin-8.21%
Return on equity-14.43%
Return on assets-2.04%
Debt / equity217.86
Current ratio1.82
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 5 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $2.17B$1.67B$1.30B$975.24M +29.8%
Operating revenue $2.17B$1.67B$1.30B$975.24M +29.8%
Cost of revenue $552.52M$378.70M$307.00M$232.61M +45.9%
Gross profit $1.62B$1.29B$989.74M$742.63M +25.1%
Research & development $512.49M$421.37M$358.14M$298.30M +21.6%
Selling, general & admin $1.31B$1.02B$817.08M$645.53M +27.9%
Total operating expense $1.82B$1.45B$1.18B$943.83M +26.1%
Operating income -$207.21M-$154.76M-$185.49M-$201.20M -33.9%
Net interest income $122.45M$82.23M$62.30M$9.89M +48.9%
Pre-tax income -$92.71M-$70.87M-$177.86M-$190.73M -30.8%
Tax provision $9.56M$7.93M$6.09M$2.65M +20.6%
Net income -$102.27M-$78.80M-$183.95M-$193.38M -29.8%
Net income to common -$102.27M-$78.80M-$183.95M-$193.38M -29.8%
Basic EPS -0.29-0.23-0.55-0.59 -26.1%
Diluted EPS -0.29-0.23-0.55-0.59 -26.1%
EBIT -$83.94M-$65.67M-$171.99M-$185.75M -27.8%
EBITDA $105.80M$62.05M-$36.17M-$83.41M +70.5%
Basic shares 348.42M341.41M333.66M326.33M +2.1%
Diluted shares 348.42M341.41M333.66M326.33M +2.1%

Options analytics

Account required
Put / call volume
1.60
Put-heavy session
Put / call open interest
0.81
Positioning, not flow
Max pain
335.00
-5.6% from spot
ATM implied vol
59.7%
Nearest strike to spot
Skew (10% OTM)
+7.4%
Puts bid over calls
Call volume
2.14K
Contracts, this expiry
Put volume
3.42K
Contracts, this expiry
Heaviest call OI
310.00
490 contracts
Heaviest put OI
330.00
762 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.270.29 +7.5%
Mar 2026 0.230.25 +7.0%
Dec 2025 0.270.28 +3.2%
Sep 2025 0.230.27 +15.4%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.34 29 $738.09M +31.3%
Next quarter 0.38 29 $798.03M +29.9%
Current year 1.26 32 $2.87B +32.5%
Next year 1.68 33 $3.70B +28.7%

Analyst targets & ownership

Account required
Mean target$338.71
High target$405.00
Low target$160.00
Implied upside-4.66%
Analyst count31
ConsensusBUY
Strong buy / Buy7 / 16
Hold8
Sell / Strong sell1 / 2
Held by insiders0.62%
Held by institutions90.16%
Institutions holding1.67K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
352.83
+0.69% from price
SMA 20
340.23
+4.34% from price
SMA 50
311.46
+13.98% from price
SMA 100
277.40
+28.06% from price
SMA 200
236.83
+49.90% from price
EMA 12
347.86
+2.13% from price
EMA 26
333.33
+6.58% from price
EMA 50
314.08
+13.11% from price
RSI (14)
61.4
Neutral
MACD (12,26,9)
14.52
Hist -0.27
ATR (14)
16.59
4.67% of price
Realised vol 30D
59.9%
Annualised
Bollinger upper
373.44
20, 2σ
Bollinger lower
307.02
20, 2σ
50 / 200 cross
Golden
311.46 vs 236.83
Trend bias
Above 200
+49.90%

Options chain

Account required
Expiry
Spot 355.25
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.57
More volatile than market
Correlation to SPY
0.32
Loosely linked
Realised vol 30D
59.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-36.8%
Peak to trough
Max drawdown 5Y
-82.6%
Peak to trough
ATR 14
16.59
4.67% of price
Beta (reported)
1.65
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
7.70M
Prior 7.43M
Change vs prior
+3.6%
Shorts adding
% of float
2.71%
Normal
% of shares out
2.16%
Against total outstanding
Days to cover
2.5
Liquid
Float
320.46M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

357 on file
DateFirm ActionFromTo
Oct 6, 26 BTIG MAINTAINED Buy Buy
Sep 17, 26 Bernstein MAINTAINED Market Perform Market Perform
Aug 31, 26 Citizens MAINTAINED Market Outperform Market Outperform
Aug 10, 26 Citigroup MAINTAINED Buy Buy
Aug 10, 26 Susquehanna MAINTAINED Neutral Neutral
Aug 8, 26 Scotiabank MAINTAINED Sector Outperform Sector Outperform
Aug 7, 26 UBS MAINTAINED Neutral Neutral
Aug 7, 26 TD Cowen MAINTAINED Buy Buy
Aug 7, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 7, 26 Piper Sandler MAINTAINED Overweight Overweight
Aug 7, 26 Guggenheim MAINTAINED Sell Sell
Aug 7, 26 Wells Fargo MAINTAINED Overweight Overweight

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.