NET

Stock

Cloudflare, Inc.

Price

$172.19

as of Feb 27, 2026

All Time High: $253.30

🔴

Strong

Current Drawdown

-32.0%

Days in Drawdown

80

Avg Max Drawdown

8.5%

Avg Length

43

Drawdown Severity Score™

5.3

NET - Price & High Water Mark

NET - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Cloudflare, Inc. (NET) Analysis: Current Drawdown Insights

Cloudflare, Inc. is currently experiencing an unusual drawdown opportunity. As of 2026-02-27, the stock is trading at $172.19, which represents a 32.0% decline from its all-time high of $253.30. This drawdown has persisted for 80 days.

Based on comprehensive historical analysis spanning 6 years, Cloudflare, Inc. typically experiences drawdowns averaging 8.5% in depth, with an average duration of 43 days. Cloudflare, Inc. has gone through 50 total drawdown events in the last 6 years. The largest drawdown for Cloudflare, Inc. in the last 6 years was 82.6%. The longest drawdown duration in its history was 1389 days.

The Drawdown Severity Score™ for Cloudflare, Inc. currently stands at 5.34. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown—the asset seldom sees declines at this level. This may represent a buying opportunity for value-focused investors with strong conviction.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Cloudflare, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.

📜 Historical Drawdown Events

Current drawdown shown in blue. Complete record of all 50 historical pullbacks below.

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2025-12-09Ongoing80 days-32.0%$253.30$172.19
2025-09-232025-10-3139 days-8.0%$228.28$210.01$253.30
2025-09-162025-09-227 days-5.4%$226.01$213.88$228.28
2025-09-122025-09-154 days-1.5%$224.64$221.32$226.01
2021-11-192025-09-081389 days-82.6%$217.25$37.84$217.92
2021-11-172021-11-182 days-0.2%$212.17$211.80$217.25
2021-11-092021-11-168 days-7.0%$210.00$195.36$212.17
2021-11-052021-11-084 days-1.9%$201.09$197.26$210.00
2021-11-012021-11-033 days-1.2%$194.72$192.37$194.85
2021-10-262021-10-294 days-5.7%$189.41$178.65$194.72
2021-10-222021-10-254 days-0.4%$182.00$181.35$189.41
2021-10-192021-10-213 days-4.4%$180.77$172.89$182.00
2021-09-232021-10-0816 days-18.0%$136.97$112.34$139.66
2021-09-172021-09-226 days-4.7%$133.49$127.19$136.97
2021-09-082021-09-169 days-5.0%$131.28$124.70$133.49
2021-08-112021-09-0122 days-6.8%$125.47$116.93$126.86
2021-08-062021-08-094 days-2.2%$121.46$118.82$123.43
2021-07-302021-08-057 days-1.5%$120.39$118.59$121.46
2021-07-262021-07-283 days-1.5%$117.24$115.47$119.75
2021-07-122021-07-2110 days-5.8%$108.97$102.66$109.52
2021-07-072021-07-093 days-0.5%$108.93$108.35$108.97
2021-06-302021-07-067 days-3.0%$107.60$104.39$108.93
2021-06-212021-06-222 days-0.6%$101.68$101.08$102.57
2021-06-152021-06-173 days-2.3%$95.64$93.40$100.69
2021-02-102021-06-10120 days-33.9%$93.46$61.77$93.47
2020-12-232021-02-0848 days-15.4%$86.56$73.27$91.13
2020-12-112020-12-2111 days-3.1%$84.05$81.43$86.21
2020-12-092020-12-102 days-7.5%$83.55$77.31$84.05
2020-12-012020-12-044 days-4.2%$75.08$71.90$77.35
2020-11-232020-11-242 days-0.7%$66.55$66.09$66.69
2020-11-182020-11-203 days-2.2%$65.96$64.48$66.55
2020-11-122020-11-176 days-2.6%$65.46$63.77$65.96
2020-11-102020-11-112 days-5.2%$64.57$61.24$65.46
2020-10-152020-11-0623 days-15.5%$61.50$51.97$64.47
2020-10-062020-10-072 days-1.5%$42.86$42.23$43.38
2020-08-042020-10-0563 days-22.5%$42.51$32.94$42.86
2020-07-132020-07-3018 days-12.4%$40.08$35.10$41.13
2020-07-072020-07-082 days-1.1%$38.34$37.91$38.40
2020-06-232020-07-0614 days-5.4%$37.00$35.00$38.34
2020-06-192020-06-224 days-2.0%$36.73$36.00$37.00
2020-06-032020-06-1513 days-5.7%$30.20$28.47$30.98
2020-05-082020-06-0125 days-11.0%$29.52$26.26$30.05
2020-04-212020-05-0717 days-12.8%$26.18$22.84$29.52
2020-04-172020-04-204 days-2.3%$25.42$24.83$26.18
2020-04-022020-04-1615 days-12.2%$24.12$21.18$25.42
2020-03-312020-04-012 days-1.7%$23.89$23.48$24.12
2020-03-062020-03-3024 days-31.8%$23.35$15.92$23.89
2020-02-272020-03-047 days-3.7%$22.11$21.30$22.70
2020-02-242020-02-263 days-5.8%$21.02$19.81$22.11
2019-09-242020-02-21151 days-30.2%$20.96$14.62$21.02
2019-09-192019-09-202 days-4.3%$19.59$18.75$19.87

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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