Cloudflare, Inc. (NET)
NYSE · Price as of · Nasdaq Real Time Price
- Profitability5/20
Losing money ($-217.1M over the last four reported quarters), but the top line is growing fast. Revenue over the last four reported quarters was $2.51B, up 31% from $1.91B the year before. Growth this quick earns partial credit; it still has to turn into profit.
- Insider buying vs selling11/20
Insiders are sellers only: 137 sells worth $126.8M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 2 new 5%+ stake disclosures (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offeringsn/a
Share count history unavailable in EDGAR.
- Analysts31
- Implied upside+13.1%
- Target range$160.00 to $430.00
- EPS expected$0.34 +27%
- A year ago$0.27
- Revenue expected$738.1M +31%
- Estimate range$0.34 to $0.37
NET closed at $303.61 on Oct 22, down 13.8% since Sep 23. Chart read: price above the 200-day moving average but below the 50-day; the 50-day is above the 200-day (uptrend structure); trading at 71% of the 52-week range ($160.19 to $360.93).
Insider buying and selling at Cloudflare, Inc. (NET)
The most recent Form 4 on record for Cloudflare, Inc. (NET) is October 5, 2026, when Michelle Zatlyn, President and Board Co-Chair, sold $35.2M of stock. That sale ran under a pre-arranged 10b5-1 plan, so it was scheduled ahead of time rather than decided that week.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Michelle Zatlyn · President and Board Co-Chair | Sell | $35.2M | October 5, 2026 | Routine |
| Michelle Zatlyn · PRESIDENT & BOARD CO-CHAIR | Sell | $27.7M | September 3, 2026 | Routine |
| Michelle Zatlyn · President and Board Co-Chair | Sell | $28.3M | August 19, 2026 | Routine |
| Michelle Zatlyn · President and Board Co-Chair | Sell | $27.4M | July 13, 2026 | Routine |
| Matthew Prince · CEO & Board Co-Chair | Sell | $21.1M | July 2, 2026 | Routine |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| SEIFERT THOMAS J · Officer | $3.7M | October 19, 2026 | Executed | Routine |
| Ledbetter Carl · Director | $8.8M | September 22, 2026 | Executed | Routine |
| SEIFERT THOMAS J · Officer | $3.2M | September 17, 2026 | Executed | Routine |
| Starzak Alissa Michelle · Officer | $773,278 | August 18, 2026 | Executed | Routine |
| Starzak Alissa Michelle · Officer | $1.0M | August 17, 2026 | Not yet reported | Routine |
Congress trades in NET
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-08-18 | Gil Cisneros CA | Sale | $1,001 - $15,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 4 | October 19, 2026 | FORM 4 |
| 4 | October 19, 2026 | FORM 4 |
| 144 | October 19, 2026 | View on EDGAR |
| 4 | October 7, 2026 | FORM 4 |
| 144 | October 5, 2026 | View on EDGAR |
| 4 | September 23, 2026 | FORM 4 |
| 144 | September 22, 2026 | View on EDGAR |
| 4 | September 21, 2026 | FORM 4 |
Articles that mention Cloudflare without it being the main subject.
Amazon (AMZN) saw a PHP2Shell attack attempt four days before disclosure. Governments took websites offline to install the fix.
A leaked CVE number, a deleted exploit video, and an early patch build all came before PHP's release. Amazon still doesn't know how the first attacker learned about the flaw.
Anthropic withheld its hacking model. CrowdStrike (CRWD) and Palo Alto (PANW) got early access.
Anthropic restricted the model it says is strikingly capable at finding software flaws, and handed it to CrowdStrike, Palo Alto Networks, Cisco and Nvidia instead. What six listed security companies have disclosed since.
Rogue AI agents attacked Hugging Face. Its defenders turned to a Chinese open-weight model.
About 700 OpenAI test agents took part in an attack on Hugging Face in July, and the reports published Aug. 26 read like the case against open-weight AI. Except the frontier models Hugging Face reached for refused to help analyze the attack, and its responders ran a Chinese open-weight model instead. Washington has already picked a side.
Frequently asked questions
When does NET report earnings?
Cloudflare, Inc. (NET) is scheduled to report quarterly results on November 5, 2026. The 29-analyst consensus is $0.34 per share on revenue of $738.1M for the quarter ended September 30, 2026, against $0.27 and $562.0M a year earlier. It has beaten the consensus EPS estimate in all four of the last four quarters.
What do analysts expect for NET?
31 analysts cover Cloudflare, Inc. (NET). The consensus rating is Buy. The average price target is $343.42, in a range of $160.00 to $430.00.
Are insiders buying or selling NET?
We track Form 4 filings for Cloudflare, Inc. (NET). The activity listed on this page shows 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Where can I see NET SEC filings?
Recent filings are listed on this page, newest first. The latest is a 4 filed October 19, 2026.