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Cloudflare Shares Climb as Strong Q3 Beat and Higher Guidance Remain in Focus

Investivoq PriceTracker

Cloudflare (NET) is up 4.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued momentum from Cloudflare’s third-quarter results and upgraded outlook, which gave investors a fresh reason to buy into the company’s accelerating growth story. The move also appears supported by improved sentiment around the name after several analysts stayed constructive following the report.

Details:

  • Cloudflare posted third-quarter 2026 revenue of $782.5 million, up 39% from a year earlier, while non-GAAP diluted earnings per share rose to $0.38 from $0.27.
  • Management called it the company’s best quarter ever and said Cloudflare crossed a $3 billion annualized revenue run rate, reinforcing the view that demand remains strong.
  • For the fourth quarter, Cloudflare guided for revenue of $845 million to $846 million and non-GAAP EPS of $0.43, signaling confidence in near-term execution.
  • For full-year 2026, Cloudflare raised its outlook to roughly $2.963 billion to $2.964 billion in revenue and non-GAAP EPS of $1.35, which likely helped extend the stock’s post-earnings strength into today’s session.

    • Sources:

    Cloudflare Investor Relations, SEC, Zacks

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $NET Insider Trading Activity

    NET Insider Trades

    $NET insiders have traded $NET stock on the open market 460 times in the past 6 months. Of those trades, 0 have been purchases and 460 have been sales.

    Here’s a breakdown of recent trading of $NET stock by insiders over the last 6 months:

    • MICHELLE ZATLYN (President and Board Co-Chair) has made 0 purchases and 133 sales selling 559,376 shares for an estimated $154,487,800.
    • MATTHEW PRINCE (CEO & Board Co-Chair) has made 0 purchases and 195 sales selling 628,641 shares for an estimated $152,237,901.
    • THOMAS J SEIFERT (Chief Financial Officer) has made 0 purchases and 54 sales selling 117,500 shares for an estimated $33,758,054.
    • CARL LEDBETTER has made 0 purchases and 18 sales selling 40,000 shares for an estimated $11,290,210.
    • ALISSA MICHELLE STARZAK (Chief Legal Officer) has made 0 purchases and 13 sales selling 22,114 shares for an estimated $5,317,896.
    • JANEL RILEY (Chief Accounting Officer) has made 0 purchases and 14 sales selling 11,962 shares for an estimated $2,909,375.
    • JOHN GRAHAM-CUMMING has made 0 purchases and 30 sales selling 7,560 shares for an estimated $1,983,748.
    • KATRIN SUDER sold 293 shares for an estimated $74,105
    • MARK J HAWKINS has made 0 purchases and 2 sales selling 266 shares for an estimated $69,713.

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $NET Hedge Fund Activity

    We have seen 769 institutional investors add shares of $NET stock to their portfolio, and 545 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • JPMORGAN CHASE & CO added 5,269,562 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,292,518,167
    • T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,892,593 shares (+inf%) to their portfolio in Q2 2026, for an estimated $464,215,211
    • D. E. SHAW & CO., INC. added 1,834,969 shares (+1626.3%) to their portfolio in Q2 2026, for an estimated $450,081,196
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,795,993 shares (+inf%) to their portfolio in Q2 2026, for an estimated $440,521,163
    • BAILLIE GIFFORD & CO removed 1,763,765 shares (-12.1%) from their portfolio in Q3 2026, for an estimated $612,520,309
    • CAPITAL WORLD INVESTORS added 1,590,123 shares (+7.0%) to their portfolio in Q2 2026, for an estimated $390,025,369
    • AQR CAPITAL MANAGEMENT LLC added 1,169,447 shares (+128.9%) to their portfolio in Q2 2026, for an estimated $286,841,960

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $NET Government Contracts

    We have seen $1,312,250 of award payments to $NET over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    • GOV TOP LEVEL DOMAIN REGISTRY AND DNS SERVICE: $1,030,426

    To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

    $NET Congressional Stock Trading

    Members of Congress have traded $NET stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

    Here’s a breakdown of recent trading of $NET stock by members of Congress over the last 6 months:

    • REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 08/18.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $NET Analyst Ratings

    Wall Street analysts have issued reports on $NET in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • BTIG issued a "Buy" rating on 06/10/2026

    To track analyst ratings and price targets for $NET, check out Investivoq's $NET forecast page.

    $NET Price Targets

    Multiple analysts have issued price targets for $NET recently. We have seen 10 analysts offer price targets for $NET in the last 6 months, with a median target of $260.0.

    Here are some recent targets:

    • Patrick Colville from Scotiabank set a target price of $300.0 on 07/07/2026
    • Patrick Walravens from Citizens set a target price of $270.0 on 06/15/2026
    • Joel Fishbein from Truist Securities set a target price of $250.0 on 06/11/2026
    • Gray Powell from BTIG set a target price of $269.0 on 06/10/2026
    • Mike Cikos from Needham set a target price of $280.0 on 06/10/2026
    • John Difucci from Guggenheim set a target price of $140.0 on 06/10/2026
    • Thomas Blakey from Cantor Fitzgerald set a target price of $230.0 on 06/10/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.