Cloudflare (NET) Earnings Watch: Revenue +30.7% Y/Y, Revenue Outlook $590.6M

Cloudflare (NYSE:NET) reports results Tuesday after the bell. Q4 revenue is expected at $590.6 million, up 28.4% YoY, versus actuals of $562 million, a 30.7% increase from the prior year. The company beat revenue and billings estimates by about 3.2% and exceeded next quarter’s EPS guidance. Adjusted EPS is forecast at $0.27 ps. Analysts have reconfirmed estimates recently, with a 2-year average revenue beat of 2.1% per quarter. Looking at peers, F5 (NMS:F5) last week beat revenue by 8.8% and delivered 7.3% YoY sales growth, with shares up 8.1% on the results. Cloudflare is down 5.8% over the past month while the S&P 500 is flat; its average analyst price target is $229.59 versus a current share price of $174.86. Macroeconomic uncertainty, including trade policy and corporate tax discussions, could temper growth despite strong cloud and AI-driven demand.