NET
Cloudflare, Inc.Technology · $123.2B market cap
Verdict
We can't put a fair value on NET right now. Every method we tried put its value at less than 20% of the share price ($62.22 vs $349.07). When our answer is that far from the market, the method most likely doesn't fit this company, so we don't publish a number.
Business quality
2 of 5 clear the 10% bar. What are the Big Five?
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Create a free accountSuperinvestors
1 of the investors we track holds NET. In Q2 2026, 1 opened a position. Who we track
Moves in Q2 2026
New position: Howard Marks
Insider activity
Since Sep 3, 2026: no open-market purchases, 17 sales worth $27.7M and 5 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$1.5M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$4.2M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$1.3M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$384K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$604K
Show all 17 salesShow fewer
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$663K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Sold
$467K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-04
Sold
$1.4M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-04
Sold
$5.0M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-04
Sold
$2.2M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-04
Sold
$770K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$623K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$1.7M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$1.3M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$1.5M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$2.0M
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Sold
$2.0M
Other filings
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Option exercise
$67K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
Option exercise
33,003 shares
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-08
C-Conversion
33,003 shares
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-04
Option exercise
$67K
Zatlyn Michelle
PRESIDENT & BOARD CO-CHAIR · 2026-09-03
Option exercise
$67K
About Cloudflare, Inc.
Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud…
Software - Infrastructure
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works