Cloudflare, Inc.

NETTechnologySoftware - Infrastructure

Exchange: NYQCurrency: USDCountry: United StatesMkt Cap: $110.80BShares: 322.62M

Pinned to watchlist

price ✓fundamentals ✓earnings ✓estimates ✓options ✓sentiment ✓corp events ✓ownership ✓

Price

$306.38

Live · 13:17 ET

Current Day return

-1.99%

1-day

-1.55%

5-day

+7.41%

20-day

-7.68%

High $315.98Low $304.74Return -1.99%47 pts

Open

$312.60

High

$315.98

Low

$304.74

$306.38

Adj Close

—

Volume

—

RSI (14)

55.5

Neutral

—

Realized Vol (20d ann.)

71.0%

67th pctile (1y)

—

Beta (60d)

1.15

vs SPY

—

ATR%

5.32%

ATR $16.31

—

vs SMA 20

4.2%

—

vs SMA 50

7.5%

—

vs SMA 200

36.4%

—

vs 52w High

-7.4%

+91.3% vs 52w low

—

Signals — NET

at-a-glance

RSI (14)

55.5

Neutral

IV Rank

41th pctile

Beta (60d)

1.15

vs SPY

RS vs SPY

1.17

vs sector 0.99

Gamma

Positive-gamma zone

Call $310.00 · Put $297.50

NBBO Spread

10.4bps

live NBBO bid/ask

Drawdown Risk

low · uncalibrated

Gamma Rail

ready

Gamma Rail — NET (Near-term)

Positive-gamma zone

NET $306.38▼

Put Wall
$297.50

Call Wall
$310.00

ZGL
$283.67

+3.62 to call-8.88 to put-22.71 to ZGLChain net-Γ +0.01B

Gamma by strike (top 20)

$260.00

+0.00BC 4,620 / P 3,184

$270.00

-0.00BC 1,198 / P 2,042

$280.00

-0.00BC 701 / P 1,588

$290.00

+0.00BC 1,536 / P 601

$297.50

-0.00BC 156 / P 1,233

$300.00

+0.00BC 2,149 / P 887

$302.50

+0.00BC 316 / P 69

$305.00

+0.00BC 396 / P 120

$307.50

+0.00BC 334 / P 128

$310.00

+0.00BC 2,852 / P 507

$315.00

+0.00BC 765 / P 130

$320.00

+0.00BC 2,693 / P 236

$322.50

+0.00BC 198 / P 3

$325.00

+0.00BC 600 / P 40

$330.00

+0.00BC 2,945 / P 92

$340.00

+0.00BC 2,280 / P 3

$350.00

+0.00BC 1,603 / P 111

$360.00

+0.00BC 2,279 / P 3

$370.00

+0.00BC 1,190 / P 0

$380.00

+0.00BC 2,470 / P 0

Near-term grain — front 1-2 expirations only. Tighter walls reflect the gamma the dealer desk is hedging this week; the Wide grain smooths across ~5 expirations.

Options / Vol

ready

ATM IV

66.0%

2026-09-10

IV Rank

41th pctile

Implied Move

±2.8%

Put/Call OI

0.65

25Δ Skew

-5.33%

Call bid

Term Slope

-0.0182

Backwardation

Total OI

188,179

OI Velocity

+10,616

IV Rank trend

ATM IV trend

Put/Call trend

25Δ Skew trend

Implied Move trend

Total OI trend

OI Velocity trend

Sentiment

ready

Avg Score (7d)

-0.23

2026-09-10

Articles

7d window

Positive

Negative

Avg score trend (30d)

Article count trend (30d)

Estimates & Revisions

ready

EPS Consensus

$0.34

2026-09-10

7d Revision

+$0.00

30d Revision

+$0.02

Price Target

$336.26

$160–$400 range

Analyst ratings (34 total)

Strong Buy 7Buy 16Hold 9Sell 1Strong Sell 168% bull

EPS consensus trend (30d)

Price target trend (30d)

Earnings

ready

Next: 2026-10-2948d awayest. — subject to change

EPS surprise trend (11 prints)

Date	When	EPS Est	EPS Act	Surprise	Gap%	+1d	+5d	+10d
2026-08-06	—	$0.27	—	—	-2.91%	-2.91%	—	—
2026-05-07	—	$0.23	$0.25	+$0.09	+3.30%	+3.30%	-22.52%	-15.47%
2026-02-10	—	$0.27	$0.28	+$0.04	+3.59%	+3.59%	+11.47%	-5.72%
2025-10-30	—	$0.23	$0.27	+$0.17	-2.15%	-2.15%	+0.50%	-0.75%
2025-07-31	—	$0.18	$0.21	+$0.17	+3.40%	+3.40%	+7.31%	-0.75%
2025-05-08	—	$0.16	$0.16	+$0.00	+2.14%	+2.14%	+26.93%	+28.60%
2025-02-06	—	$0.18	$0.19	+$0.06	-1.92%	-1.92%	+19.78%	+8.38%
2024-11-07	—	$-0.07	$-0.04	+$0.43	+3.40%	+3.40%	+1.78%	+4.28%
2024-08-01	—	$0.14	$0.20	+$0.43	-4.00%	-4.00%	-1.46%	+5.11%
2024-05-02	—	$0.13	$0.16	+$0.23	—	—	—	—
2024-02-08	—	$0.12	$0.15	+$0.25	—	—	—	—
2023-11-02	—	$0.10	$0.16	+$0.60	—	—	—	—

Fundamentals + Quality Gate

ready

✗

Deep quality gate: Fail

interest coverage -53.4x < floor 1.5x

Revenue

$696.06M

Gross Margin

71.8%

Operating Margin

-7.9%

Net Margin

-24.4%

Free Cash Flow

$56.38M

Net Income

-$169.98M

Debt/Equity

2.18

EPS Diluted

$-0.48

2026-06-30

Quarterly history (8 periods)

Period	Revenue	Gross%	Op%	Net%	FCF
2026-06-30	$696.06M	71.8%	-7.9%	-24.4%	$56.38M
2026-03-31	$639.75M	71.2%	-9.7%	-3.6%	$84.07M
2025-12-31	$614.51M	73.6%	-8.0%	-2.0%	$99.44M
2025-09-30	$562.03M	74.0%	-6.7%	-0.2%	$74.97M
2025-06-30	$512.32M	74.9%	-13.1%	-9.8%	$33.28M
2025-03-31	$479.09M	75.9%	-11.1%	-8.0%	$52.87M
2024-12-31	—	—	—	—	—
2024-09-30	—	—	—	—	—

Revenue trend

Gross margin trend

Net margin trend

FCF trend

Ownership

ready

Short Interest

Short % Float

2.6%

2026-09-10

Days to Cover

1.9

Shares Short

7.4M

Recent Insider Transactions

Date	Insider	Type	Shares	Value
2026-09-10	ZATLYN MICHELLE	—	99,009	$27.66M
2026-09-10	RILEY JANEL	—	5,148	$1.58M
2026-09-10	STARZAK ALISSA MICHELLE	—	5,871	$1.81M
2026-09-10	SEIFERT THOMAS J	—	10,000	$3.07M
2026-09-10	GRAHAM-CUMMING JOHN	—	2,520	$766.0K
2026-09-10	LEDBETTER CARL	—	5,000	$1.41M

Historical Analogs

ExperimentalLimited sample (20 analogs) — low signal until more accrue

The co_* company substrate is new — price history is 2y but forward-only families (estimates, sentiment, options) are days old. This matcher runs on price features only and is LOW-SIGNAL until more history accrues and calibration validates it. (571 price rows)

Matcher: 2026.06.1-price5d-recency365Analogs: 20 / 571 daysAs-of: 2026-09-11Avg distance: 1.14

Forward 5-Day

Mean+2.87%

Median+3.94%

% Positive62.6%

P25 / P75-5.63% / 10.18%

95% CI[-0.15%, 6.10%]

n19

Forward 20-Day

Mean+7.84%

Median+12.16%

% Positive78.8%

P25 / P753.67% / 14.05%

95% CI[2.74%, 12.65%]

n17

Regime Distribution of Analogs

CAUTIOUS: 11TRANSITIONAL: 6RISK-ON: 3

Regime-conditional breakdown (click to expand)

CAUTIOUS (11)

5d mean: +5.04%

20d mean: +11.50%

TRANSITIONAL (6)

5d mean: +5.32%

20d mean: +4.99%

RISK-ON (3)

Insufficient data

Drawdown Read — NET

Single-nameuncalibrated

The market drawdown read, beta-amplified for NET, plus this name's own fragility (weak fundamentals + downtrend + elevated vol). A probabilistic risk read — not a prediction or timing trigger.

Per-name Drawdown (20d)

42low

market read: 44

as of 2026-09-11

Beta (60d)

1.15

Name Fragility

-0.43

quality 0.93 · 50d SMA +0.1%

Realized-vol %ile (1y)

How the read is built

Beta × market drawdown-0.277

Realized-vol percentile+0.168

Name fragility (quality + trend)-0.214

credit amplifier+0.000

Directional Read — NET

Single-nameuncalibrated

A transparent tally of NET's own positioning + technicals (gamma zone, regime, 50d trend, RSI, screener direction). A directional read, not a prediction or trade signal — and deliberately not blended into any score.

Bias (5d reference)

bullish

as of 2026-09-11

Agreement

33%low

3 rules voting

Beta bucket

mid

grading grain

How the read is built

Gamma zone vs flip▲ bull

Price-action regimeabstain

50d SMA trend• neutral

RSI (mean-reversion)• neutral

Screener directionabstain

FinRep-AI Brief — NET

Single-nameuncalibrated

No per-name brief yet for NET.

Per-name AI briefs are disabled (the operator gates them behind a budget switch).

Market Regime Context

Market / index-level — not NET-specific

Market-wide backdrop for context. These describe the SPY / index regime, not NET directly.

Drawdown Risk (20d)

44low

as of 2026-09-11

Regime & Fragility

CAUTIOUS

Air pocket: watch

2/5 triggers · price near put wall (0.785% above); breadth non-confirmation (SPY near 20d high, breadth 37.5 < 50 and < trailing median 54.1)

SPY Gamma Flip

+0.66%to flip

Above flip — long-gamma (dampens moves)

Top drawdown-risk contributors

ofr fsi funding-0.3010y real yield+0.26Financial conditions (NFCI)-0.1510y breakeven inflation+0.12

A transparent z-score composite over credit / rate / inflation levels plus dealer net-gamma. A probabilistic RISK gauge, not a predictor or timing trigger.

Watchlist visibility

NET is pinned to the Companies dropdown. Demoting removes it from the dropdown and stops 5-min intraday quote collection, but preserves all history.