Cloudflare(NET) Stock Soars 1.90% After Record DDoS Attack Mitigation

Cloudflare(NET) shares rose to their highest level since December 2021 today, with an intraday gain of 1.90%.

The strategy of buying NET shares after they reached a recent high and holding for 1 week showed poor performance. The net return was -5.78% over 5 years, with an average annual return of -1.15%. This indicates that this strategy failed to deliver positive returns, underperforming the market. The high recent price was set on June 17, 2025, at $181.81. Holding NET for 1 week after such a high resulted in significant losses due to its overbought condition and subsequent price correction.

Cloudflare's stock price has been significantly influenced by a recent major event in June 2025: the company successfully mitigated the largest DDoS attack ever recorded, peaking at 7.3 terabits per second. This achievement demonstrates Cloudflare's robust cybersecurity capabilities and likely contributed to the stock's performance, as evidenced by hitting a new 52-week high.

This event underscores Cloudflare's position as a leader in cybersecurity, providing a strong defense against increasingly sophisticated cyber threats. The company's ability to handle such a massive attack not only showcases its technological prowess but also reinforces investor confidence in its services. As cyber threats continue to evolve, Cloudflare's proven capabilities make it a reliable choice for businesses seeking to protect their digital infrastructure.

The successful mitigation of the DDoS attack is a testament to Cloudflare's ongoing investment in research and development, as well as its commitment to staying ahead of emerging threats. This event is likely to attract more clients to Cloudflare's services, further solidifying its market position and driving future growth. Investors are likely to view this as a positive development, contributing to the stock's upward trajectory.