Cloudflare Inc (NET)

NYSE
Currency in USD
119.22
+1.28(+1.09%)
Closed
Pre Market
122.57+3.35(+2.81%)
NET Scorecard
Full Analysis
Net income is expected to grow this year
Fair Value
Day's Range
115.11119.57
52 wk Range
66.24177.37
Key Statistics
Edit
Prev. Close
119.22
Open
116.3
Day's Range
115.11-119.57
52 wk Range
66.24-177.37
Volume
4.33M
Average Volume (3m)
3.77M
1-Year Change
23.45%
Book Value / Share
3.05
Fair Value
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Fair Value Upside
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NET Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
139.15
Upside
+16.72%
Members' Sentiments
Bearish
Bullish
ProTips
Impressive gross profit margins
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Cloudflare Inc Company Profile

Cloudflare, Inc. operates as a cloud services provider that delivers a range of 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-premises, software-as-a-service applications, and Internet of things (IoT) devices; and website and application security products comprising web application firewall, bot management, distributed denial of service protection, API security, SSL/TLS encryption, script management, security center, and rate limiting products. It also offers website and application performance solutions, such as content delivery, load balancing, DNS, agro smart routing, video stream delivery, web optimization, cache reserve, cloudfare waiting room, and cloudfare data localization suite; SASE platform combines network services and Zero Trust security products that provides a cloud-based network-as-a-service; network services, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust security services, including cloudflare access and gateway, remote browser isolation, cloud access security broker, cloud email security, and data loss prevention products. Further, it provides developer-based solutions comprising workers AI, vectorize, AI gateway, cloudflare workers, cloudflare pages, R2 object storage, workers KV, durable objects, D1, hyperdrive, cloudfare stream, cloudfare images, and cloudflare calls; and consumer offerings, such as 1.1.1.1, a DNS resolver, WARP, a virtual private network, and cloudfare registrar that secures registration and management of domain names. The company serves customers in the technology, healthcare, financial services, consumer and retail, industrial, and non-profit industries, as well as government. Cloudflare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Employees
4263

Cloudflare Inc SWOT Analysis


AI-Driven Growth
Cloudflare's strategic focus on AI and edge computing positions it as a potential leader in the growing market for AI inference, driving investor interest and market valuation
Financial Resilience
With robust revenue growth and improving profitability, Cloudflare demonstrates strong financial performance, projecting revenue of $2.09-$2.094 billion for fiscal year 2025
Market Dynamics
Explore Cloudflare's competitive landscape, as it faces pressure from established cloud providers while leveraging its unique strengths in edge computing and AI inferencing
Valuation Insights
Analyst price targets range from $85 to $180, reflecting the ongoing debate about Cloudflare's valuation relative to its growth potential and market position
Read full SWOT analysis

Cloudflare Inc Earnings Call Summary for Q2/2024

  • Q2 revenue hit $401M, up 30% YoY; annualized revenue reached $1.6B; 168 new large customers added, totaling 3,046
  • Operating profit of $57M; free cash flow of $38.3M; net income of $69.5M for the quarter
  • Cloudflare Workers saw 67% increase in developer accounts using Workers AI; over 2.4M active developers on platform
  • Q3 revenue forecast: $423M-$424M; full year 2024 revenue expected between $1,657M-$1,659M
  • Strong federal business growth; OHTTP offering enhances privacy-focused solutions; SASE market differentiation highlighted
Last Updated: 03/08/2024, 07:30 am
Read Full Transcript

Compare NET to Peers and Sector

Metrics to compare
NET
Peers
Sector
Relationship
P/E Ratio
−521.7x−6.4x11.7x
PEG Ratio
−8.970.470.01
Price/Book
39.3x2.6x2.4x
Price / LTM Sales
24.6x4.4x2.1x
Upside (Analyst Target)
22.9%31.4%27.8%
Fair Value Upside
Unlock5.0%6.7%Unlock

Analyst Ratings

15 Buy
17 Hold
3 Sell
Ratings:
35 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 139.15
(+16.72% Upside)

Earnings

Latest Release
Feb 06, 2025
EPS / Forecast
0.19 / 0.18
Revenue / Forecast
459.90M / 452.04M
EPS Revisions
Last 90 days

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FAQ

What Is the Cloudflare (NET) Stock Price Today?

The Cloudflare stock price today is 119.22

What Stock Exchange Does Cloudflare Trade On?

Cloudflare is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Cloudflare?

The stock symbol for Cloudflare is "NET."

What Is the Cloudflare Market Cap?

As of today, Cloudflare market cap is 41.11B.

What is Cloudflare Earnings Per Share?

The Cloudflare EPS is -0.231.

What Is the Next Cloudflare Earnings Date?

Cloudflare will release its next earnings report on 30 Apr 2025.

From a Technical Analysis Perspective, Is NET a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Sell.
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