Cloudflare (NET)

• Market cap: $75.6B
• 1 day: 1.42%
• 5 days: -3.08%
• 1 month: 7.18%
• 3 months: 19.58%
• 6 months: 88.42%
• Year to date: 92.74%
• 1 year: 177.77%
• 5 years: 484.66%
• 10 years: 1,105.06%
• Sector: Technology
• Industry: Software - Infrastructure

About: Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

Employees: 4,616

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

84% more capital invested

Capital invested by funds: $29.5B [Q1] → $54.2B (+$24.8B) [Q2]

77% more funds holding in top 10

Funds holding in top 10: 13 [Q1] → 23 (+10) [Q2]

76% more first-time investments, than exits

New positions opened: 187 | Existing positions closed: 106

67% more call options, than puts

Call options by funds: $2.25B | Put options by funds: $1.35B

50% more repeat investments, than reductions

Existing positions increased: 392 | Existing positions reduced: 262

8% more funds holding

Funds holding: 861 [Q1] → 934 (+73) [Q2]

4.43% more ownership

Funds ownership: 84.81% [Q1] → 89.24% (+4.43%) [Q2]

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $111
• Avg. target: $217
• High target: $255

18 analyst ratings

• positive: 11 61%
• neutral: 5 28%
• negative: 2 11%

Citigroup Fatima Boolani	$255	Buy Maintained	18 Aug 2025
Scotiabank Patrick Colville	$200	Sector Perform Maintained	1 Aug 2025
Mizuho Gregg Moskowitz	$240	Outperform Maintained	1 Aug 2025
RBC Capital Matthew Hedberg	$228	Outperform Maintained	1 Aug 2025
Stifel Adam Borg	$230	Buy Maintained	1 Aug 2025