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NET vs SHOP

Side-by-side comparison of Cloudflare Inc. (NET) and Shopify Inc. (SHOP): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NET and SHOP operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SHOP is the larger of the two at $109.55B, about 1.2x NET ($88.41B).
  • Over the past year, NET is up 40.6% and SHOP is up 1.7% - NET leads by 39.0 points.
  • NET has been more active in the news (18 items in the past 4 weeks vs 4 for SHOP).
  • Both have 25 recent analyst ratings on file.
PerformanceNET+40.63%SHOP+1.66%
2025-06-09+0.00%2026-06-05
MetricNETSHOP
Company
Cloudflare Inc.
Shopify Inc.
Price
$250.20-6.94%
$109.56-5.60%
Market cap
$88.41B
$109.55B
1M return
+0.60%
+3.93%
1Y return
+40.63%
+1.66%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NYSE
NYSE
IPO
2019
News (4w)
18
4
Recent ratings
25
25
NET

Cloudflare Inc.

CloudFlare, Inc. operates a cloud platform that delivers a range of network services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery, intelligent routing, and mobile software development kit, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, and always online solutions that enhances Internet experience and allows customers to run their digital operations efficiently. Further, the company provides Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to Cloudflare's network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it offers developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, and analytics; Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. It has a strategic agreement with Baidu, Inc. and JD Cloud & AI. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

SHOP

Shopify Inc.

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

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