NE
NET
-8.3%🟢 Fundamentally supportedCloudflare, Inc. Class A common stock, par value $0.001 per share · Technology
$319.00Vol 3.73M · 1.3× normalMkt cap −$10.22BMarket closed — 2026-10-14 session
What happened
Move
-8.3%
Price
$319.00
Volume
3.73M
1.3× normal
Market cap
$113.59B
−$10.22B today
Why it moved
Earnings releasemedium confidence
- Full Transcript: Cloudflare Q2 2026 Earnings Call — finnhub-news
- TD Cowen Maintains Buy on Cloudflare, Raises Price Target to $375 — finnhub-news
Possible catalyst: earnings release, 5.0pp below its sector.
Verdict — was the move justified?
🟢 Fundamentally supported
Earnings release — direction and rough magnitude are consistent with the identified fundamental catalyst.
How unusual is this move
σ score
3.0σ
vs own 20d volatility
Percentile
94th
of 1276 daily moves
Avg daily move
±3.1%
own 5y average
vs sector
-5.0%
beyond sector median
Today’s move is among the largest 6% of NET’s daily moves over the last 5 years — while the sector moved -3.2% and the market -0.6%.
What happened after similar moves
82 similar down moves in NET’s 5-year history:
After 5 days
+1.2%
52% higher
After 20 days
+2.4%
59% higher
Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.
Fundamental context
V 25G 25P 0H 68Q 37
Insider activity (90d): net selling $11.77M
Full fundamental analysis on PreMarketPrice
Pillar scores, financial statements, valuation history, news & more for NET