Market Valuation | Analyst price targets for Cloudflare range from $80 to $120, reflecting varied perspectives on the company's growth trajectory and market potential. |
Enterprise Momentum | Delve into Cloudflare's refined go-to-market strategy, focusing on larger, long-term deals with enterprise customers now contributing 67% of total revenue. |
Financial Resilience | Explore Cloudflare's robust Q2 2024 performance, exceeding expectations with $401 million revenue and $0.20 EPS, showcasing strong market positioning and growth potential. |
AI-Driven Growth | Cloudflare's strategic integration of GPUs and AI capabilities positions it for significant revenue expansion, with analysts projecting substantial AI-driven growth by 2025. |
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-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products. It offers website and application performance solutions, including 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 through cloudfare one that provides a cloud-based network-as-a-service; network services which deliver network connectivity, security, and performance, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust services, such as cloudflare access, cloudflare gateway, remote browser isolation, cloud access security broker, cloud email security, and data loss prevention products that protects, inspects, and provides privilege rules to grant access to data and application. Further, it provides developer-based solutions consisting of cloudflare workers, R2 object storage, workers KV, durable objects, cloudfare pages, cloudfare stream, and cloudfare images; and consumer products comprising of 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.
Metrics to compare | NET | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipNETPeersSector | |
---|---|---|---|---|
P/E Ratio | −284.5x | −11.2x | 11.5x | |
PEG Ratio | −4.99 | −0.46 | 0.01 | |
Price / Book | 32.9x | 4.2x | 2.4x | |
Price / LTM Sales | 19.6x | 4.6x | 2.2x | |
Upside (Analyst Target) | 10.1% | 17.9% | 21.0% | |
Fair Value Upside | Unlock | −0.2% | 4.4% | Unlock |