How to Buy Cloudflare Stock

Cloudflare Inc

CloudFlare, Inc. operates a cloud platform that delivers a range of network services to businesses worldwide.

Cloudflare stock last closed at $120.78, down 1.19% from the previous day, and has increased 38.19% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.97 percentage points. Cloudflare stock is currently +82.34% from its 52-week low of $66.24, and -31.9% from its 52-week high of $177.37.

At the moment, there are 345.07M NET shares outstanding. The market cap of NET is $41.68B. In the last 24 hours, 2.6M NET shares were traded.

How to Buy Cloudflare Stock

Wondering how to invest in Cloudflare stock? Here's how.

  1. Choose where to buy Cloudflare stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Cloudflare stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Choose your payment method and add your info.
  4. Analyze Cloudflare stock: The Cloudflare ticker symbol is NET. Is Cloudflare stock a good investment? Should you buy shares of NET? How do NET's underlying business fundamentals look? Do top analysts think Cloudflare is a good buy? Why has NET's stock price moved recently? (Hint: Our stock research tools can help you decide if NET is a good stock to buy).
  5. Make your NET trade: Decide if you will purchase NET shares at the current market price or use a limit order to buy NET stock at a specific price.
  6. Watch your NET investment: Create a watchlist to keep track of your position in Cloudflare stock.

Step 1: Choose where to buy Cloudflare stock

You will need an online brokerage account in order to access the NYSE market and buy NET stock.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal details so you can buy NET today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Enter your personal details to create your new trading account.
  1. Send your info by hitting the "Create Account" button.
  2. Get started with eToro today
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Step 3: Deposit money your brokerage account

Now that you've created your account on a investment app, you can securely and quickly fund your account:

Watch the video below to see the process of depositing money into your brokerage account.

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Step 4: Analyze Cloudflare stock

After you have chosen the best place to buy Cloudflare stock, it's crucial to analyze their stock before you invest, so you truly comprehend the risk as well as the upside.

Cloudflare stock quick numbers

NET Price
$120.78
1w %
7.07%
1y %
38.19%
5y %
412.65%
P/E
-525.13x
P/B
39.84x
P/S
24.7x
PEG
N/A
Revenue
$1.67B
Earnings
-$78.80M
Fore. Rev. Growth
25.5%
Fore. Earn. Growth
N/A
Market Cap
$41.68B
Next Earnings
N/A
Next Dividend
N/A

Cloudflare Overview

WallStreetZen was created to help everyday investors do better fundamental analysis quickly.

You can view all of the due diligence checks on NET's stock page.

What is the fair value of NET stock?

Investors use many financial metrics, analyses, models, and charts to gauge NET's true value.

Using relative valuations methods:

  • NET may be overvalued based on its P/B ratio of 39.84x, relative to Software - Infrastructure industry P/B ratio of 10x

You can do additional valuation analysis on NET's stock here.

A quick look at NET Financials

Positive Health Checks:

  • NET profit margin has gone up from -14.2% to -4.7% in the past year.
  • NET's operating cash flow of $380.43M allows it to safely service it's debt of $1.46B.
  • There are more short-term assets than long-term liabilities on the NET balance sheet.
  • There are more short-term assets than short-term liabilities on the NET balance sheet.

Negative Health Checks:

  • Total NET debt is higher than 5 years ago, relative to shareholder equity.
  • NET has a relatively high debt to equity ratio of 2.16.
  • NET earnings of -$65.68M is not sufficient to cover its interest payments.

Is Cloudflare stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 21 Equities analysts who give recommendations on NET, the consensus analyst rating on NET is a Buy

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

Latest NET Analyst Upgrades/Downgrades

Matthew Hedberg, a top 1% analyst from RBC Capital maintains NET with a buy rating and lowers their NET price target from $170.00 to $148.00, on Mar 13, 2025.

Roger Boyd, a top 11% analyst from UBS maintains NET with a hold rating and lowers their NET price target from $165.00 to $135.00, on Mar 13, 2025.

Gregg Moskowitz, a top 5% analyst from Mizuho maintains NET with a hold rating and lowers their NET price target from $160.00 to $140.00, on Mar 13, 2025.

Mike Cikos, a top 6% analyst from Needham maintains NET with a buy rating and lowers their NET price target from $185.00 to $145.00, on Mar 13, 2025.

Aaron Samuels, a bottom 30% analyst from Susquehanna maintains NET with a hold rating and raises their NET price target from $95.00 to $170.00, on Feb 10, 2025.

Susquehanna's Aaron Samuels raised their price target on Cloudflare (NYSE: NET) by 78.9% from $95 to $170 on 2025/02/10. The analyst maintained their Hold rating on the stock.

Cloudflare reported its Q4 and FY 2024 earnings.

The company had a strong quarter, with both top and bottom-line results beating expectations, Samuels told readers.

Although there is more uncertainty in the future, the analyst noted that management expressed confidence in its progress in increasing productivity within its GTM group and in its capacity to attract new and significant customers.

Earnings Report

Cloudflare reported:

For Q4 2024:

  • EPS of $0.19, which beat the Zacks Consensus Estimate by 5.6% and Q4 2023 by 26.7%.
  • Revenue of $459.9M, which beat the Zacks Consensus Estimate by 1.8% and Q4 203 by 27%.

For FY 2024:

  • EPS of $0.75, up from FY 2023's $0.49.
  • Revenue of $1.67B, up 29% Y/Y.

Management guided:

For Q1 2025:

  • EPS of $0.16.
  • Revenue of $468M to $469M.

For FY 2025:

  • EPS of $0.79 to $0.80.
  • Revenue of $2.09B to $2.094B.

CEO Matthew Prince commented: “We had a very strong end of 2024.

"We saw record growth in our largest customers, those that spend more than $1 million with Cloudflare per year—closing the year with 173.

"We added 55 of those customers in 2024, and more than half of these new additions came in during fourth quarter alone.

“I'm proud of how our team continued to deliver ground-breaking innovation, especially in AI, and remained focused on delivering real ROI for customers.

"We drove the record results in the fourth quarter while ensuring we're well-positioned to capture the demand we see lined up in 2025 to reaccelerate Cloudflare's growth.”

You can dive deeper into what analysts are projecting on the Cloudflare stock forecast page.

NET Technicals

SMA10
114.3
SMA20
110.17
SMA50
121.72
SMA100
124.02
SMA200
104.58
MACD
0.25
MACD Signal
-2.39
MACD Histogram
2.65
RSI
55.96
Stochastic %K
94.24
Stochastic %D
96.21
StochRSI %K
96.94
StochRSI %D
98.98

NET Earnings

Last year, NET revenue was $1.67B. During the past five year, NET's revenue has gone up by 42.21% per year. This was faster than the Software - Infrastructure industry average of 17.58%.

Learn more about NET's earnings and revenue performance here.

Latest Insiders Trades at NET

Over the past year, executives and large shareholders at NET have sold more shares than they have bought.

Thomas J. Seifert, Chief Financial Officer of NET, was the latest NET insider to sell. They sold $1,201,350.00 worth of NET shares on Apr 25, 2025.

Learn more about who owns NET stock here.

Can I get consistent income from NET stock?

No, Cloudflare doesn't provide an income stream by paying out dividends.

NET Social Trading Data

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your NET trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, use a limit order.

Press the Open button and eToro will place the order.

If you want additional assistance buying stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Watch your NET investment

Now that you own some NET stock, you'll want to keep up with your new company.

Create a watchlist to track the latest developments regarding your NET stock.

NET Feed

How to Buy Stock in Cloudflare

To reiterate, here are the 6 steps you need to take to buy Cloudflare stock right now:

  1. Choose where to buy Cloudflare stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Cloudflare stock
  5. Make your NET trade
  6. Watch your NET investment

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your new investment in Cloudflare, create a watchlist on WallStreetZen today.

NYSE: NET
$120.78-1.45 (-1.19%)
Updated Apr 30, 2025
Open eToro Account
Your capital is at risk.
NYSE: NET
$120.78-1.45 (-1.19%)
Updated Apr 30, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Cloudflare share?

As of Apr 30, 2025, it costs $120.78 to buy one share of Cloudflare stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.083 shares of NET.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Cloudflare stock?

According to 21 Wall Street analysts who monitor Cloudflare, their consensus recommendation is to buy Cloudflare stock.

What is the best way to buy Cloudflare stock?

One way to place an order for Cloudflare stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.