Cloudflare Inc. drawdown: 3.2% below the all-time high
Cloudflare Inc. is 3.2% below its all-time high, set Sep 24, 2026 (as of market close, Sep 30, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −3.2%
- 96.8% of ATH
- All-time high
- $358.82
- Sep 24, 2026
- Time below the high
- 6 days
- since Sep 24, 2026
- Worst-ever drawdown
- −82.6%
- Nov 9, 2022
- Longest underwater
- 3.8 yrs
- between all-time highs
- Today's level first reached
- Sep 21, 2026
- 9 days ago
- Last time this deep
- Sep 11, 2026
- in a previous episode
% of all-time high since 2019#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 18, 2021 | Nov 9, 2022 | −82.6% | 12 mo | Sep 8, 2025 | 3.8 yrs |
| Oct 31, 2025 | Feb 23, 2026 | −36.8% | 4 mo | May 7, 2026 | 6 mo |
| Feb 9, 2021 | Mar 8, 2021 | −33.9% | 27 days | Jun 10, 2021 | 4 mo |
| Mar 5, 2020 | Mar 16, 2020 | −31.8% | 11 days | Mar 30, 2020 | 25 days |
| Sep 23, 2019 | Oct 22, 2019 | −30.2% | 29 days | Feb 21, 2020 | 5 mo |
| May 7, 2026 | May 12, 2026 | −27.3% | 5 days | Jun 1, 2026 | 25 days |
| Aug 3, 2020 | Sep 8, 2020 | −22.5% | 36 days | Oct 5, 2020 | 2 mo |
| Jun 2, 2026 | Jun 22, 2026 | −19.9% | 20 days | Jul 8, 2026 | 36 days |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2019: how far Cloudflare Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Cloudflare Inc. from its all-time high?
- Cloudflare Inc. is currently 3.2% below its all-time high, set Sep 24, 2026 (as of market close, Sep 30, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Cloudflare Inc. drawdown ever?
- The deepest decline on record in our data (since 2019) took Cloudflare Inc. 82.6% below its prior high, bottoming Nov 9, 2022. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NET; no free deep history exists for Cloudflare Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.