Cloudflare (NET) is a Technology company in the Software Infrastructure industry. It has a market capitalization of $95.70B, a trailing price-to-earnings ratio of 224.0 and a free-cash-flow yield of 0.3%. Over the most recent reported fiscal year, revenue grew 29.9% and free cash flow per share grew 53.0%. Nama's AI scorecard rates it Hold, 4.8 out of 10. On 12-month momentum it ranks in the rising band of its market.
AI scorecard
Hold · 4.8/10
The sections balance. As of Nov 7, 2026.
Momentum
Rising · +51.8% over 12 months ex. last
Second-best fifth of its market on the past year's move.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-27.4%
How far the last close sits under the highest price of the past five years.
Market cap
$95.70B
Trailing P/E
224.0
Price / book
59.1
Price / sales
38.1
FCF yield
0.3%
Dividend yield
—
Gross margin
72.6%
Operating margin
-8.1%
Net margin
-8.2%
Revenue growth (YoY)
+29.9%
Revenue growth (3-yr annual)
+30.5%
EPS growth (YoY)
+22.7%
FCF/share growth (YoY)
+53.0%
Beta
1.6
Exchange
NYSE
Sector
Technology
Industry
Software Infrastructure
NET earnings
Next report: Feb 9, 2027 (Q4 2026, EPS estimate $0.43).
Beat the EPS estimate in 4 of 4 recent quarters.
Quarter
Reported
EPS
Estimate
Surprise
Revenue
Q3 2026
Nov 5, 2026
$0.38
$0.34
+11.8%
—
Q2 2026
Aug 6, 2026
$0.29
$0.27
+7.4%
$696.06M
Q1 2026
May 7, 2026
$0.25
$0.23
+8.7%
$639.75M
Q4 2025
Feb 10, 2026
$0.28
$0.27
+3.7%
$614.51M
NET analyst price target
Median target $370.00 from 31 analysts, ranging $160.00 – $430.00.
Nama's AI scorecard currently rates Cloudflare Hold (4.8 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is NET's P/E ratio?
Cloudflare trades at a trailing price-to-earnings ratio of 224.0.
When does NET report earnings?
Cloudflare's next scheduled report is on Feb 9, 2027. Analysts expect EPS of $0.43.
What is the NET price target?
The median analyst price target from 31 analysts is $370.00, with a range of $160.00 – $430.00.
Is NET Shariah compliant?
Nama's AAOIFI-style screen reads Cloudflare as Not Shariah Compliant. At least one of the three ratios or the industry test failed.