NET — Cloudflare Inc
Technology · Software - Infrastructure · AI software & cloud infrastructure
About Cloudflare Inc
Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides a cloud-based security solution to secure a range of combination of platforms, including public and private cloud, on-premises, software-as-a-service applications, and Internet of things (IoT) devices; and application security products comprising web application firewall, bot management, distributed denial of service mitigation, API security, SSL/TLS encryption, client-side security, and security center products. It also offers application performance solutions, such as content delivery, load balancing, DNS, smart shield, video stream delivery, web optimization, cloudfare waiting room, and cloudfare data localization suite; SASE platform that combines network services and Zero Trust and workplace security
AI software & cloud infrastructure
These companies provide the cloud platforms, model-serving, databases and infrastructure software that AI applications run on. Revenue is increasingly tied to AI workloads and consumption-based cloud spending. The economics favor scale and switching costs, but the group carries high expectations and heavy capital spending on data centers, and faces questions about how quickly AI usage converts into durable profit. Cloudflare Inc is tracked in this sub-theme as a Software - Infrastructure name — see the full AI software & cloud infrastructure list.
Key data · delayed ~15 min, as of 8 July 2026
| Ticker | NET |
| Company | Cloudflare Inc |
| Price | $247.55 |
| Market cap | $87.6B |
| Sector / industry | Technology / Software - Infrastructure |
| Performance | 1W +4.3% · 1M -6.7% · 1Y +28.4% |
| Analyst mean target | $244 (31 analysts, buy) |
Valuation read
What the price implies: a reverse-DCF on forward earnings ($1.58/sh) backs out roughly ~34%/yr earnings growth — demanding — priced for a lot to go right. Run your own scenario in the fair-value calculator.
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