Cloudflare, Inc. (NET) is a leading web infrastructure and website security company providing content delivery network services, DDoS (distributed denial-of-service) mitigation, Internet security, and distributed domain-name-server services. Established in 2009 by Matthew Prince, Lee Holloway, and Michelle Zatlyn, the company aims to make websites more secure, faster, and reliable. Notably, Cloudflare's services protect websites from various online threats such as botnets, malware, and phishing while ensuring that web applications are always online and running efficiently.
Headquartered in San Francisco, Cloudflare, Inc. serves more than 25 million Internet properties and offers its services to businesses of all sizes and across all industries globally. It utilizes its mammoth global network, having more than 200 data centers across the globe, to solve some of the most challenging problems that e-businesses face today, including ensuring website availability, minimizing load time, and safeguarding web applications from ever-increasing sophisticated attacks. The range of Cloudflare's services extends from website and mobile app performance optimization to secure access management, network routing optimizations, and threat intelligence.
Cloudflare differs from its competitors in its approach to bare metal servers instead of public cloud services. This approach allows the company to optimize its network performance further and keep costs relatively low, offering businesses an affordable yet high-informing security and performance solution.
In terms of financial performance, Cloudflare has shown substantial growth over the last few years. With a strong financial status and a rapid growth rate, the company has established itself as a highly influential player in the technology and cybersecurity world.
Cloudflare's efforts for a safer and faster Internet don’t stop at corporations. The company has also launched a free consumer DNS service, known as "1.1.1.1," aimed at improving internet users' privacy and security and speeding up their web browsing experience.
Through their innovative solutions and dedication to improving Internet performance and security, Cloudflare, Inc. is not only supporting the business and consumers in the present day but also shaping future Internet trends. As the Internet grows and evolves, Cloudflare continues to advance its technology to meet new challenges and ensure a safer, faster, and more reliable Internet for everyone.
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Cloudflare Inc. filed an SEC Form 8-K reporting Q3 2026 revenue of $782.5 million, a 39% year-over-year increase, alongside a GAAP loss of $67.9 million. The company also announced Christian Smith as President of Revenue and provided Q4 revenue guidance of $845-846 million, highlighting strong top-line growth despite a GAAP loss.
Analysts are divided on several technology stocks, including Cloudflare (NET), Check Point (CHKP), and Lattice Semiconductor (LSCC). Cloudflare received a "Moderate Buy" consensus with a price target representing a 27.6% upside, while Check Point has a "Hold" consensus with a modest 2.0% upside. Lattice Semiconductor stands out with a "Strong Buy" consensus, projected for a significant 75.3% upside.
The Delaware Court of Chancery's decision in In re Cloudflare, Inc. Stockholder Litigation reinforced the Section 144 safe harbor for conflicted transactions but highlighted that plaintiffs can still challenge transactions by demonstrating a lack of "good faith" on the part of special committees. The court found a reasonable probability that Cloudflare's special committee acted with a "controlled mindset" to placate founders despite a seemingly strong process, emphasizing the importance of genuine independence and robust adherence to process for special committees. This ruling suggests that future challenges to such transactions will likely focus on the factual intensive requirement of good faith and absence of gross negligence.
Michelle Zatlyn, Cloudflare's President and Board Co-Chair, executed stock sales and option exercises from October 5-7, 2026, under a Rule 10b5-1 trading plan. She exercised options for Class B Common Stock and then sold the converted Class A shares in multiple tranches. Following these transactions, Zatlyn maintains significant direct and indirect holdings in Cloudflare.