Cloudflare, Inc. (NET) Fair Value 2026 — DCF & Multi-Method Analysis | EvidInvest | EvidInvest

NET — Fair Value Analysis

Cloudflare, Inc.

Current: $283.44Overvalued

Fair Value Range

Bear Case (25th pct.)

$-6.29

-102.2% vs price

Base Case (Median)

$3.04

-98.9% vs price

Bull Case (75th pct.)

$11.72

-95.9% vs price

$-6.29$3.04$11.72

◇ = Current price | |Bear |Base | Bull

Method Breakdown

Method	Est. Value	vs Price	Weight
DCF (Discounted Cash Flow)	$-15.63	-105.5%	High (40%)
EV/EBITDA	$3.04	-98.9%	Medium (20%)
EV/FCF	$20.41	-92.8%	Medium (20%)

Interpretation

Based on 3 out of 8 methods, NET appears overvalued at the current price of $283.44. The base case fair value of $3.04 implies 98.9% downside.

Bear/base/bull cases represent the 25th, 50th, and 75th percentile of available method estimates. This is not financial advice. Valuation is inherently uncertain.