Cloudflare Inc Stock Price, News & Analysis

Cloudflare (NYSE: NET) has announced a groundbreaking initiative to become the first Internet infrastructure provider to block AI crawlers from accessing content without permission by default. This significant change affects how AI companies can access and use content across the Internet, introducing a permission-based model for content scraping.

The company's new approach requires AI companies to obtain explicit permission before scraping website content, with new domains automatically defaulting to blocking AI crawlers. This move is supported by major publishers and media companies including Condé Nast, Dotdash Meredith, Gannett Media, Pinterest, and Reddit.

The initiative aims to address the broken model where AI crawlers collect content without directing traffic back to original sources, depriving content creators of revenue. Cloudflare, which manages traffic for 20% of the web and handles trillions of requests daily, is positioning this change as essential for creating a sustainable future for both content creators and AI innovators.

Cloudflare (NYSE: NET) has been named to TIME100 Most Influential Companies of 2025, recognized for its crucial role in protecting the 2024 U.S. elections from cyber threats. The company mitigated approximately 1 million online threats daily from January through November 2024, providing free Enterprise-level services to state and local governments through its Athenian Project.

Currently serving about 20% of web traffic through its network, Cloudflare blocks an average of 247 billion threats daily for its customers, including 36% of Fortune 500 companies. The company projects its total addressable market to grow from $181 billion in 2025 to $231 billion by 2028.

Cloudflare (NYSE: NET) has announced the general availability of Log Explorer, a native security forensics tool integrated across its network. The solution provides businesses with instant access to security and performance insights directly within the Cloudflare Dashboard, eliminating the need for third-party security analysis tools. After being previewed by over 500 customers, Log Explorer offers one-click setup for analyzing Cloudflare logs, unified search capabilities across HTTP, security event, and Zero Trust logs, in-dashboard response features, and upcoming flexible retention policies for compliance requirements. The tool aims to simplify log management, reduce costs, and accelerate threat response times by eliminating the need to switch between multiple platforms or learn proprietary query languages.

Cloudflare (NYSE: NET) has announced the pricing of $1.75 billion in 0% Convertible Senior Notes due 2030, with an additional $250 million option for initial purchasers. The notes, settling on June 17, 2025, will generate approximately $1.72 billion in net proceeds. The conversion rate is set at 4.0376 shares per $1,000 principal amount, equivalent to a conversion price of $247.67 per share, representing a 45% premium over the current stock price of $170.81. Cloudflare has entered into capped call transactions to offset potential dilution, with a cap price of $469.73 per share. The company plans to use $248 million for the capped call transactions and the remaining proceeds for general corporate purposes, including potential acquisitions and debt repayment.

Cloudflare (NYSE: NET) has announced plans to offer $1.75 billion in Convertible Senior Notes due 2030 through a private offering to qualified institutional buyers. The company will also grant initial purchasers a 13-day option for an additional $250 million in notes. The notes will be convertible into cash, Class A common stock, or a combination thereof. Cloudflare plans to implement capped call transactions to offset potential dilution, with an initial cap price premium of at least 150% over the stock's last reported sale price. The proceeds will be used to fund these capped call transactions, with the remainder allocated for general corporate purposes, including working capital, capital expenditures, debt repayment, and potential acquisitions.

Cloudflare (NYSE: NET) has achieved two significant privacy certifications: the Global Cross-Border Privacy Rules (Global CBPR) and Global Privacy Recognition for Processors (Global PRP). These certifications, established by nine governments including the US, Japan, and Singapore, demonstrate Cloudflare's compliance with international data protection standards across 39 jurisdictions. The certifications cover 50 requirements based on nine principles including preventing harm, data collection limitation, and security safeguards. This achievement positions Cloudflare among the first organizations to receive these new global certifications, complementing their existing ISO 27701, ISO 27018, and EU Cloud Code of Conduct certifications. The new standards aim to facilitate cross-border data transfers and build trust with consumers and businesses.

Cloudflare (NYSE: NET) and TD SYNNEX (NYSE: SNX) are expanding their partnership to provide managed security services in Latin America. The collaboration enables TD SYNNEX to offer Cloudflare's Zero Trust, SASE, Application Security, and Network Security solutions through Managed Security Services Partners (MSSPs). In Q1 2025, Cloudflare blocked 30 billion daily cyber threats in Latin America, a 27% increase from the previous quarter. The Cloudflare platform, available through a single interface, offers operational efficiency for MSSPs and spans 64 cities in Latin America and the Caribbean. Customers using Cloudflare's complete suite can save approximately 50% compared to multiple vendor solutions, with a Forrester study showing a 238% ROI over three years for representative customers.

Cloudflare (NYSE: NET) reported strong Q1 2025 financial results with revenue reaching $479.1 million, up 27% year-over-year. The company secured its largest-ever contract worth over $100 million, driven by its Workers developer platform. While reporting a GAAP loss from operations of $53.2 million (11.1% of revenue), non-GAAP income from operations was $56.0 million (11.7% of revenue). Notable metrics include: • Free cash flow of $52.9 million (11% of revenue) • GAAP net loss of $38.5 million ($0.11 per share) • Non-GAAP net income of $58.4 million ($0.16 per share) For Q2 2025, Cloudflare expects revenue of $500-501 million. The full-year 2025 guidance projects revenue of $2.09-2.094 billion with non-GAAP income from operations of $272-276 million.

Cloudflare (NYSE: NET) announced a major collaboration with leading tech companies including Anthropic, Asana, Atlassian, Block, PayPal, Sentry, and Stripe to enable AI agent experiences through Claude. The company is offering the first comprehensive toolkit for building Model-Centric Programming (MCP) servers that allow AI assistants to directly interact with business software tools. This integration enables users to perform tasks through natural conversations with Claude without switching between applications. The solution simplifies complex authentication processes, provides security controls, and leverages Cloudflare's global network for reliable AI experiences. Companies can now build and deploy remote MCP servers in days rather than weeks. Cloudflare is also launching its own MCP servers to help users build applications, enhance website performance, and strengthen security through Claude interactions. A Demo Day showcasing these AI-powered implementations is scheduled for May 1, 2025.