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Cloudflare Inc NET

Sector: TECHNOLOGYIndustry: SOFTWARE - INFRASTRUCTURELatest quarter: 2026-06-30Fundamentals refresh: 2026-08-30

Company coverage

Research through 2026-08-28
Share price$299.84
Activity+358.5%
$22$107$193$278$364Jul 24, 23Jan 2, 24Jun 12, 24Nov 20, 24May 6, 25Oct 15, 25Mar 27, 26NET2025-01-06 · Bought order2025-01-08 · Bought order2025-01-24 · Bought order2025-02-05 · Bought order2025-02-07 · Bought order2025-02-11 · Bought order2025-02-11 · Bought order2025-02-11 · Bought order2025-02-18 · Bought order2025-02-18 · Bought order2025-02-20 · Bought order2025-02-20 · Bought order2025-02-21 · Bought order2025-02-21 · Bought order2025-02-24 · Bought order2025-02-25 · Bought order2025-03-06 · Bought order2025-03-06 · Bought order2025-03-07 · Bought order2025-03-07 · Bought order2025-03-24 · Bought order2025-03-24 · Bought order2025-03-27 · Bought order2025-03-27 · Bought order2025-03-31 · Bought order2025-03-31 · Bought order2025-04-03 · Bought order2025-04-03 · Bought order2025-04-09 · Bought order2025-04-10 · Bought order2025-04-10 · Bought order2025-04-14 · Bought order2025-04-24 · Bought order2025-04-24 · Bought order2026-01-02 · Bought order2026-01-02 · Bought order2026-01-07 · Bought order2026-01-08 · Bought order2026-01-09 · Bought order2026-02-03 · Bought order2026-02-03 · Bought order2026-02-03 · Bought order2026-02-23 · Bought order2026-02-27 · Bought order2026-04-10 · Bought CALL2026-04-10 · Bought order2026-04-13 · Sold CALL2026-04-15 · Bought order2026-04-29 · Bought order2026-04-30 · Bought order2026-05-08 · Bought order2026-05-08 · Bought order2026-05-08 · Bought order2026-05-08 · Bought CALL2026-05-08 · Bought order2026-05-08 · Bought order2026-05-15 · Bought CALL2026-05-18 · Bought order2026-05-18 · Bought order2026-05-26 · Bought order2026-05-26 · Bought order2026-05-27 · Bought order2026-05-27 · Bought order2026-05-27 · Bought order2026-05-27 · Bought order2026-05-27 · Bought order2026-05-29 · Sold CALL2026-05-29 · Bought CALL2026-06-25 · Sold option2026-07-02 · Bought order2026-07-02 · Bought order2026-07-07 · Sold CALL2026-07-08 · Bought order2026-07-08 · Bought order2026-07-09 · Bought order2026-07-15 · Bought order2026-07-15 · Bought order2026-07-15 · Bought order2026-07-15 · Bought order2026-07-16 · Bought order2026-07-16 · Bought order2026-07-17 · Bought order2026-07-17 · Bought order2026-07-23 · Bought order2026-07-24 · Bought order2026-08-13 · Sold CALL2026-08-13 · Bought CALL2026-08-13 · Bought order2026-08-14 · Bought order2026-08-17 · Bought order
Sold putSold call
779 observations since 2023-07-24Buy Sell Option90 visible trade events

Research activity

NET 90 trade records · 9 option records · 2025-01-06 → 2026-08-17

Moat

Wide

Operates 20% of global internet request traffic through 330+ data centers across 120+ countries, creating self-reinforcing network effects. 295,000+ paying customers with 4,000+ spending $100K+ annually. Transition from pure CDN to "Connectivity Clo…

Physical assets

Moderate

330 data centers across 120+ countries with 13,000+ interconnections. Individually replicable, but collectively — integrated as a unified global platform serving 20% of web traffic — they're a powerful moat. 500%+ backbone growth since 2021.

Software / hardware

Software80%
Hardware20%

Growth. Workers/R2/D1 developer platform monetization accelerates enterprise adoption as Cloudflare evolves from CDN to full-stack edge compute capturing a $380B TAM. Primary assets. 330+ data centers (120+ countries), 13,000+ interconnections, Work…

Coverage feed Latest entries
  1. manual · sw-hw

    Growth. Workers/R2/D1 developer platform monetization accelerates enterprise adoption as Cloudflare evolves from CDN to full-stack edge compute capturing a $380B TAM. Primary assets. 330+ data centers (120+ countries), 13,000+ in…

  2. manual · physical-assets

    330 data centers across 120+ countries with 13,000+ interconnections. Individually replicable, but collectively — integrated as a unified global platform serving 20% of web traffic — they're a powerful moat. 500%+ backbone growth…

  3. manual · moat

    Operates 20% of global internet request traffic through 330+ data centers across 120+ countries, creating self-reinforcing network effects. 295,000+ paying customers with 4,000+ spending $100K+ annually. Transition from pure CDN…

Trade feed Recent records
Date Action Type Relative size
2026-08-17 BUY Equity +10%
2026-08-14 BUY Equity +5%
2026-08-13 BUY Equity +3%
2026-08-13 BUY CALL option +88%
2026-08-13 SELL CALL option +100%
2026-07-24 BUY Equity +8%
2026-07-23 BUY Equity +8%
2026-07-17 BUY Equity +18%
2026-07-17 BUY Equity +18%
2026-07-16 BUY Equity +9%
2026-07-16 BUY Equity +9%
2026-07-15 BUY Equity +17%
2026-07-15 BUY Equity +9%
2026-07-15 BUY Equity +17%
2026-07-15 BUY Equity +18%
2026-07-09 BUY Equity +9%
2026-07-08 BUY Equity +17%
2026-07-08 BUY Equity +17%
2026-07-07 SELL CALL option +37%
2026-07-02 BUY Equity +8%
2026-07-02 BUY Equity +8%
2026-06-25 SELL Equity +80%
2026-05-29 BUY CALL option +42%
2026-05-29 SELL CALL option +55%

Notes

Full portfolio moat / asset analysis

Operates 20% of global internet request traffic through 330+ data centers across 120+ countries, creating self-reinforcing network effects. 295,000+ paying customers with 4,000+ spending $100K+ annually. Transition from pure CDN to "Connectivity Cloud" platform increases switching costs. Estimated $380B TAM. Revenue growth 28-30% YoY, reaching $2.5B+.

Full portfolio moat / asset analysis

330 data centers across 120+ countries with 13,000+ interconnections. Individually replicable, but collectively — integrated as a unified global platform serving 20% of web traffic — they're a powerful moat. 500%+ backbone growth since 2021.

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