NET
Cloudflare, Inc.Pre-market350.87−10.06 −2.79%USD
NYSE · as of Oct 12, 16:03 ET · 20m delayPre-market 348.75 −0.61%
Open
362.00
Prev close
360.93
Day range
346.14362.75
52-week range
158.83370.35
Volume
1.64M0.49×
Mkt cap
124.94B
P/E ttm
—
Fwd P/E
209.33
EPS ttm
-0.6000
Div yield
0.00%
Earnings
Aug 6, 2026
From 52w high
−5.26%
NET market-implied price distribution
NET Price at Expiry
38 OTM quotes · ATM IV 74.0%
Days to expiry
31
Fri, Nov 13, 2026
P(finish above spot)
46%
spot 350.87
Expected price
354.09
forward 353.32
68% range
280–428
−20.2% / +21.8%
Shaded band: the middle 68% of outcomes. Where the blue curve sits above the dashed one, options price that move as likelier than a plain bell curve would.
Target Price
Percentiles
| Chance below | Price | vs spot |
|---|---|---|
| 5% | 245.58 | −30.0% |
| 16% | 279.84 | −20.2% |
| 25% | 298.46 | −14.9% |
| 50% (median) | 342.81 | −2.3% |
| 75% | 396.89 | +13.1% |
| 84% | 427.51 | +21.8% |
| 95% | 504.27 | +43.7% |
Move Odds
| Up 5% or more (368.41) | 37% |
|---|---|
| Up 10% or more (385.96) | 29% |
| Down 5% or more (333.33) | 45% |
| Down 10% or more (315.78) | 35% |
Options price a 10%+ drop at 35%, 1.0× the 34% a bell curve with the same volatility gives.
Risk-neutral odds from option prices, the bot's lgf odds method: out-of-the-money mids → implied vols → a smoothed smile in total variance → density = erT·∂²C/∂K² (Breeden–Litzenberger). Risk-neutral odds include the market's risk premium, so they lean bearish compared with real-world odds. Not investment advice.