Barclays has initiated coverage on Cloudflare Inc (NET), assigning the company an Overweight rating. This marks the firm's first assessment of Cloudflare's investment potential, reflecting their analysis of the business's fundamentals, industry dynamics, and growth prospects.
Headquartered in San Francisco, Cloudflare provides cloud-based services designed to secure websites. The company employs 4,616 full-time staff and went public on September 13, 2019. Its product suite includes website and application services aimed at enhancing security, performance, and reliability, as well as its secure access service edge (SASE) platform that incorporates Zero Trust and network services solutions. Cloudflare also offers developer solutions for building and deploying serverless applications.
As of December 1, 2025, Cloudflare's stock is priced at $203.55, with a market capitalization of $69.0 billion. The company reported an earnings per share (EPS) of -0.30 for the trailing twelve months. Upcoming earnings are scheduled for July 29, 2026, with an EPS estimate of $0.28 and revenue estimate of $659.6 million.
Analyst ratings, such as this one from Barclays, provide insights based on extensive research and financial modeling. While they can be informative, these assessments are based on assumptions that may not always hold true. Investors are encouraged to consider a range of factors, including company fundamentals and industry trends, when making decisions.
The analyst consensus on Cloudflare currently stands at Buy, with 7 Strong Buy, 15 Buy, 15 Hold, 1 Sell, and 1 Strong Sell ratings from a total of 39 analysts. As new data emerges, these ratings may evolve, reflecting the dynamic nature of the market.