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Cloudflare (NET, Internet Services & Infrastructure) Stock Valuation & Fair Value Significantly overvalued

Cloudflare (NET, Internet Services & Infrastructure) trades at a blended P/E of 277.5, about 27% above its historical normal valuation, with a forward growth estimate of 35.4% and a PEG of 7.83. Priced at its historical normal P/E of 218.3 on the same blended earnings, the 2026-09-18 close of $323.60 corresponds to about $255 a share. This is a valuation reference, not a price target.

DATA AS OF 2026-09-21
Blended P/E
277.5
Normal P/E
218.3
PEG
7.83
Fwd growth
35.4%
Div yield
0.0%
RSI (14)
65.8
Neutral
Technical context
  • Price $352.33 at the 2026-09-23 close, 14.4% above the 20-day average ($307.86) and 19.4% above the 50-day ($295.06).
  • RSI (14) at 65.8.
  • 52-week range $160.19 to $352.33: the price is at the high and 119.9% above the low.

The Street vs SeerForecast

Wall Street's mean price target for NET is $336.81 across 31 analysts, 4.4% below the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: significantly overvalued. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been significantly overvalued since 2026-07-31.

Blended P/E and rating by weekBlended P/E moved from 260.9 to 277.5 between 2026-07-31 and 2026-09-21, against a normal P/E of 218.3, with 0 rating changes over 18 recorded weeks.2026-07-31: P/E 260.9, Significantly overvalued (recalculated)2026-08-03: P/E 260.9, Significantly overvalued2026-08-07: P/E 260.9, Significantly overvalued (recalculated)2026-08-10: P/E 266.2, Significantly overvalued2026-08-14: P/E 266.2, Significantly overvalued (recalculated)2026-08-17: P/E 278.4, Significantly overvalued2026-08-21: P/E 278.4, Significantly overvalued (recalculated)2026-08-24: P/E 257.0, Significantly overvalued2026-08-27: P/E 257.0, Significantly overvalued (recalculated)2026-08-28: P/E 257.0, Significantly overvalued (recalculated)2026-08-30: P/E 257.0, Significantly overvalued (recalculated)2026-08-31: P/E 261.4, Significantly overvalued2026-09-05: P/E 261.4, Significantly overvalued (recalculated)2026-09-07: P/E 241.8, Significantly overvalued2026-09-12: P/E 241.8, Significantly overvalued (recalculated)2026-09-14: P/E 264.3, Significantly overvalued2026-09-19: P/E 264.3, Significantly overvalued (recalculated)2026-09-21: P/E 277.5, Significantly overvalued220.0240.0260.0Jul 31Aug 13Aug 26Sep 8Sep 21Normal P/E 218.3
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-07-31P/E 260.9+20%Significantly overvalued
2026-08-17P/E 278.4+28%Significantly overvalued
2026-09-07P/E 241.8+11%Significantly overvalued
2026-09-21P/E 277.5+27%Significantly overvalued ← now

Frequently asked questions

Is Cloudflare stock overvalued?

At a blended P/E of 277.5 versus its historical normal P/E of 218.3, Cloudflare trades about 27% above its typical valuation, with a PEG of 7.83 on 35.4% forward growth. tickerseer currently rates it significantly overvalued.

What is Cloudflare's fair value and PEG?

Cloudflare trades at a blended P/E of 277.5 against a historical normal P/E of 218.3, a PEG of 7.83, and a forward growth estimate of 35.4%. Priced at its historical normal P/E of 218.3 on the same blended earnings, the 2026-09-18 close of $323.60 corresponds to about $255 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Cloudflare changed?

tickerseer's rating has been significantly overvalued since 2026-07-31.

What is the analyst price target for Cloudflare?

The mean Wall Street price target for Cloudflare is $336.81 across 31 analysts, 4.4% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Internet Services & Infrastructure. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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