Stock Valuation / NET

Is Cloudflare, Inc. (NET) Overvalued? Fair Value & 5-Year Target

Cloudflare, Inc. trades at $347.70 (P/E -599.48). Our reference model estimates a fair value of — at its recent average P/E of -87.54.

What drives NET's valuation

Changing either assumption moves the target: a higher P/E multiple or faster EPS growth raises fair value, a lower multiple or slower growth lowers it. The interactive dashboard lets you edit both and re-run the model instantly.

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 optimizati

Frequently asked questions

How do I value Cloudflare, Inc. (NET)?

The Stock Valuation Dashboard lets you combine NET's current EPS and P/E with your own growth assumptions to estimate fair value and a 5-year price target.

Open the interactive NET valuation dashboard →

Figures are for informational purposes only and are not investment advice. Data as of 2026-10-14.