Cloudflare Inc (NET)

NYSE
Currency in USD
122.34
+1.34(+1.10%)
Real-time Data·
NET Scorecard
Full Analysis
Net income is expected to grow this year
Earnings results expected in 9 days
Fair Value
Day's Range
120.49122.73
52 wk Range
66.24177.37
Key Statistics
Edit
Prev. Close
121
Open
120.89
Day's Range
120.49-122.73
52 wk Range
66.24-177.37
Volume
885.87K
Average Vol. (3m)
4.19M
1-Year Change
37.47%
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 Price
Upside
Price Target
139.01
Upside
+13.62%
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


Valuation Challenges
Average price target of $143, reflecting mixed views on Cloudflare's premium valuation amid fierce competition and economic uncertainties
Enterprise Expansion
Explore Cloudflare's strategic push into the enterprise market, driving growth through improved sales strategies and product offerings
Financial Performance
Strong revenue growth and high gross margins showcase Cloudflare's market strength, with analysts projecting continued expansion
AI-Powered Security
Cloudflare leads in AI-driven cybersecurity, leveraging its global network for edge computing and innovative security solutions
Read full SWOT analysis

Cloudflare Inc Earnings Call Summary for Q2/2024

  • Q2 revenue up 30% YoY to $401M; annualized revenue hits $1.6B; 168 new large customers added, totaling 3,046
  • Operating profit $57M; free cash flow $38.3M; net income $69.5M; Cloudflare Workers sees 67% growth in developer accounts
  • Q3 revenue forecast $423-424M; full year 2024 revenue expected $1,657-1,659M
  • OHTTP offering enhances privacy focus; strong federal business growth; SASE market differentiation highlighted
  • Revenue affected by solar net expansion and large fund deals with longer durations, impacting financial metrics
Last Updated: 08/02/2024, 05:28 PM
Read Full Transcript

Compare NET to Peers and Sector

Metrics to compare
NET
Peers
Sector
Relationship
P/E Ratio
−532.7x−0.4x11.3x
PEG Ratio
−9.150.000.01
Price / Book
40.1x0.9x2.4x
Price / LTM Sales
25.1x1.3x2.0x
Upside (Analyst Target)
17.4%37.3%35.7%
Fair Value Upside
Unlock17.7%8.3%Unlock

Analyst Ratings

18 Buy
15 Hold
2 Sell
Ratings:
35 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 139.01
(+13.62% 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 122.34

What Stock Exchange Does Cloudflare Trade On?

Cloudflare is listed and trades on the New York Stock Exchange 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 42.19B.

What is Cloudflare Earnings Per Share?

The Cloudflare EPS is -0.23.

What Is the Next Cloudflare Earnings Date?

Cloudflare will release its next earnings report on May 08, 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 Strong Buy.
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