Cloudflare Inc

NET remains in a Stage 2 uptrend with rising EMAs and a Bearish Exhaustion inflection signaling sellers losing control. Price has recovered above the 9- and 20-day EMAs but is now extended and overbought, suggesting a pullback is more favorable than chasing. We defer new buys into pullbacks near the rising EMAs, while the long-term uptrend remains intact and anchors overall bullish polarity.

• ↑Q2 2026 revenue rose 36% YoY to $696.1 M; Adj EPS $0.29
• ↑AI-driven traffic exceeded 50% of network volume, driving demand
• ↓Earnings yield is deeply negative, suggesting lofty valuation