ValuationNET
Cloudflare's Selloff on Glasswing Fears Hands Investors a Rare Discount
Oppenheimer calls the concerns 'overblown.' At 30x forward revenue with 35% growth and 78% gross margins, the edge network moat is being underpriced.
Apr 10, 2026
Technology
Cloud networking and cybersecurity company providing CDN, DDoS mitigation, and edge computing services.
View forensic reportOppenheimer calls the concerns 'overblown.' At 30x forward revenue with 35% growth and 78% gross margins, the edge network moat is being underpriced.
At 182x forward earnings and 34x revenue with negative operating margins, Cloudflare's $74B market cap requires a decade of flawless execution that even great companies rarely deliver.