Cloudflare

NET · NYSE · USD

$351.00Change from previous close: +1.07%Absolute change: +$3.72

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$124.98B
Enterprise value
$124.35B
Forward P/E
209.4
PEG
2.38
Price/book
77.1
Price/sales
49.7
EV/EBITDA
-34,446.1
EV/revenue
49.5

Profitability and growth

Gross margin
72.6%
Operating margin
-7.6%
Net margin
-8.2%
ROE
-14.4%
ROA
-2.0%
Revenue growth (year over year)
35.9%

Financial health

Total cash
$4.16B
Total debt
$3.53B
Debt/equity
2.18
Current ratio
1.82
Quick ratio
1.76

Dividends

Payout ratio
0.0%

Analysts and estimates

Average price target
$336.81
Median price target
$355.00
High price target
$400.00
Low price target
$160.00
Analysts with a price target
31
Consensus
Buy
Forward EPS
$1.68
EPS estimate, current year
$1.26

Shares and trading

Beta
1.66
Average volume
3.41M
Shares outstanding
322.62M
Float
320.46M
Institutional ownership
90.2%
Insider ownership
0.6%
Short interest (% of float)
2.7%
Short ratio (days)
2.51