Home / Stocks / NET

Cloudflare (NET, Cloud & web infrastructure) Stock Valuation & Fair Value

Poor on forward returns

Cloudflare (NET, Cloud & web infrastructure) trades at a current P/E of 208.9, about 4% below its historical normal valuation, with a forward growth estimate of 35.4% and a PEG of 5.90. Priced at its historical normal P/E of 218.3 on the same blended earnings, the 2026-11-06 close of $268.75 corresponds to about $281 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
208.9
Normal P/E
218.3
PEG
5.90
Fwd growth
35.4%
Div yield
0.0%
RSI (14)
39.3
Neutral
Technical context
  • Price $268.75 at the Nov 6 close, 11.1% below the 20-day average ($302.47) and 15.5% below the 50-day ($318.21).
  • RSI (14) at 39.3.
  • 52-week range $160.19 to $360.93: the price is 25.5% below the high and 67.8% above the low.

The Street vs SeerForecast

Wall Street's mean price target for NET is $345.48 across 31 analysts, 28.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: poor on forward returns. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been poor on forward returns since 2026-07-31.

Current P/E and rating by weekCurrent P/E moved from 260.9 to 233.2 between 2026-07-31 and 2026-10-30, against a normal P/E of 218.3, with 0 rating changes over 14 recorded weeks.2026-07-31: P/E 260.9, Poor on forward returns, recalculated for the week of 2026-07-312026-07-31: P/E 260.9, Poor on forward returns, recorded live 2026-08-032026-08-07: P/E 260.9, Poor on forward returns, recalculated for the week of 2026-08-072026-08-07: P/E 266.2, Poor on forward returns, recorded live 2026-08-102026-08-14: P/E 266.2, Poor on forward returns, recalculated for the week of 2026-08-142026-08-14: P/E 278.4, Poor on forward returns, recorded live 2026-08-172026-08-21: P/E 278.4, Poor on forward returns, recalculated for the week of 2026-08-212026-08-21: P/E 257.0, Poor on forward returns, recorded live 2026-08-242026-08-27: P/E 257.0, Poor on forward returns, recalculated for the week of 2026-08-272026-08-28: P/E 257.0, Poor on forward returns, recalculated for the week of 2026-08-282026-08-28: P/E 257.0, Poor on forward returns, recalculated for the week of 2026-08-302026-08-28: P/E 261.4, Poor on forward returns, recorded live 2026-08-312026-09-04: P/E 261.4, Poor on forward returns, recalculated for the week of 2026-09-052026-09-04: P/E 241.8, Poor on forward returns, recorded live 2026-09-072026-09-11: P/E 241.8, Poor on forward returns, recalculated for the week of 2026-09-122026-09-11: P/E 264.3, Poor on forward returns, recorded live 2026-09-142026-09-18: P/E 264.3, Poor on forward returns, recalculated for the week of 2026-09-192026-09-18: P/E 277.5, Poor on forward returns, recorded live 2026-09-212026-09-25: P/E 297.7, Poor on forward returns, recalculated for the week of 2026-09-262026-09-25: P/E 297.7, Poor on forward returns, recorded live 2026-09-282026-10-02: P/E 296.2, Poor on forward returns, recalculated for the week of 2026-10-032026-10-02: P/E 296.2, Poor on forward returns, recorded live 2026-10-052026-10-09: P/E 304.6, Poor on forward returns, recalculated for the week of 2026-10-102026-10-09: P/E 304.6, Poor on forward returns, recorded live 2026-10-122026-10-16: P/E 248.7, Poor on forward returns, recalculated for the week of 2026-10-172026-10-16: P/E 248.7, Poor on forward returns, recorded live 2026-10-192026-10-23: P/E 272.0, Poor on forward returns, recalculated for the week of 2026-10-242026-10-23: P/E 272.0, Poor on forward returns, recorded live 2026-10-262026-10-30: P/E 233.2, Poor on forward returns, recalculated for the week of 2026-10-312026-10-30: P/E 233.2, Poor on forward returns, recorded live 2026-11-02225.0250.0275.0300.0Jul 31Aug 23Sep 15Oct 7Oct 30Normal P/E 218.3
Poor on forward returns

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

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

WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 260.9+20%Poor on forward returns (recalculated)
2026-10-10P/E 304.6+40%Poor on forward returns (recalculated)
2026-10-31P/E 233.2+7%Poor on forward returns (recalculated)
2026-11-02P/E 233.2+7%Poor on forward returns ← now
Show all 30 readings
WeekCurrent P/EPremium to normal P/ERating
2026-07-31P/E 260.9+20%Poor on forward returns (recalculated)
2026-08-03P/E 260.9+20%Poor on forward returns
2026-08-07P/E 260.9+20%Poor on forward returns (recalculated)
2026-08-10P/E 266.2+22%Poor on forward returns
2026-08-14P/E 266.2+22%Poor on forward returns (recalculated)
2026-08-17P/E 278.4+28%Poor on forward returns
2026-08-21P/E 278.4+28%Poor on forward returns (recalculated)
2026-08-24P/E 257.0+18%Poor on forward returns
2026-08-27P/E 257.0+18%Poor on forward returns (recalculated)
2026-08-28P/E 257.0+18%Poor on forward returns (recalculated)
2026-08-30P/E 257.0+18%Poor on forward returns (recalculated)
2026-08-31P/E 261.4+20%Poor on forward returns
2026-09-05P/E 261.4+20%Poor on forward returns (recalculated)
2026-09-07P/E 241.8+11%Poor on forward returns
2026-09-12P/E 241.8+11%Poor on forward returns (recalculated)
2026-09-14P/E 264.3+21%Poor on forward returns
2026-09-19P/E 264.3+21%Poor on forward returns (recalculated)
2026-09-21P/E 277.5+27%Poor on forward returns
2026-09-26P/E 297.7+36%Poor on forward returns (recalculated)
2026-09-28P/E 297.7+36%Poor on forward returns
2026-10-03P/E 296.2+36%Poor on forward returns (recalculated)
2026-10-05P/E 296.2+36%Poor on forward returns
2026-10-10P/E 304.6+40%Poor on forward returns (recalculated)
2026-10-12P/E 304.6+40%Poor on forward returns
2026-10-17P/E 248.7+14%Poor on forward returns (recalculated)
2026-10-19P/E 248.7+14%Poor on forward returns
2026-10-24P/E 272.0+25%Poor on forward returns (recalculated)
2026-10-26P/E 272.0+25%Poor on forward returns
2026-10-31P/E 233.2+7%Poor on forward returns (recalculated)
2026-11-02P/E 233.2+7%Poor on forward returns ← now

Frequently asked questions

Is Cloudflare stock overvalued?

At a current P/E of 208.9 versus its historical normal P/E of 218.3, Cloudflare trades about 4% below its typical valuation, with a PEG of 5.90 on 35.4% forward growth. tickerseer currently rates it poor on forward returns.

What is Cloudflare's fair value and PEG?

Cloudflare trades at a current P/E of 208.9 against a historical normal P/E of 218.3, a PEG of 5.90, and a forward growth estimate of 35.4%. Priced at its historical normal P/E of 218.3 on the same blended earnings, the 2026-11-06 close of $268.75 corresponds to about $281 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Cloudflare changed?

tickerseer's rating has been poor on forward returns since 2026-07-31.

What is the analyst price target for Cloudflare?

The mean Wall Street price target for Cloudflare is $345.48 across 31 analysts, 28.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Cloud & web infrastructure. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track NET free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.