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Cloudflare (NET)
NYSE:NET
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NET Stock Chart & Stats
Day’s Range― - ―
52-Week Range$66.24 - $125.71
Previous CloseN/A
Volume641.50K
Average Volume (3M)2.49M
Market Cap
$42.53B
Enterprise Value$27.32B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.35
Next Earnings
Feb 06, 2025EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
Shares Outstanding305,713,750
10 Day Avg. Volume2,417,552
30 Day Avg. Volume2,490,480
Standard Deviation0.20
R-Squared0.09
Alpha0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)27.05
Price to Cash Flow (P/CF)101.50
P/FCF Ratio234.80
Enterprise Value/Market Cap0.64
Enterprise Value/Revenue17.38
Enterprise Value/Gross Profit27.60
Enterprise Value/Ebitda582.48
Forecast
1Y Price Target
$120.37Price Target Upside-3.80% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering21
Cloudflare News
Bulls Say, Bears Say
Bulls Say
Growth DriversCloudflare possesses a number of underappreciated growth drivers that could drive upside, including SASE, Workers, and Workers AI.
Leadership And StrategyHigh-quality leadership appointments across the organization are expected to drive future success.
Market PositionCloudflare remains one of the most compelling secular stories in the software coverage universe, given a large total addressable market, a highly scalable network architecture and emergence as a potential GenAI enabler.
Bears Say
Financial PerformanceDollar-based Net Retention contracted 2 points quarter-to-quarter to 110%, and is expected to remain under pressure over the next few quarters.
Growth And ValuationThe growth story is decelerating with NRR declining another 200bps to 110% and overall growth reaching ~28% YoY.
Sales And RevenueA number of larger deals slipped out of the quarter in the U.S. due to the sales leadership transition.
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Ownership Overview
9.98% Insiders
28.10% Mutual Funds
0.16% Other Institutional Investors
45.31% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Cloudflare
Desktop Users
Mobile Users
NET FAQ
What was Cloudflare’s price range in the past 12 months?
Cloudflare lowest stock price was $66.24 and its highest was $125.71 in the past 12 months.
What is Cloudflare’s market cap?
Cloudflare’s market cap is $42.53B.
When is Cloudflare’s upcoming earnings report date?
Cloudflare’s upcoming earnings report date is Feb 06, 2025 which is in 11 days.
How were Cloudflare’s earnings last quarter?
Cloudflare released its earnings results on Nov 07, 2024. The company reported $0.2 earnings per share for the quarter, beating the consensus estimate of $0.179 by $0.021.
Is Cloudflare overvalued?
According to Wall Street analysts Cloudflare’s price is currently Overvalued.
Does Cloudflare pay dividends?
Cloudflare does not currently pay dividends.
What is Cloudflare’s EPS estimate?
Cloudflare’s EPS estimate is 0.18.
How many shares outstanding does Cloudflare have?
Cloudflare has 305,713,750 shares outstanding.
What happened to Cloudflare’s price movement after its last earnings report?
Cloudflare reported an EPS of $0.2 in its last earnings report, beating expectations of $0.179. Following the earnings report the stock price went down -4.61%.
Which hedge fund is a major shareholder of Cloudflare?
Among the largest hedge funds holding Cloudflare’s share is Sands Capital Management LLC. It holds Cloudflare’s shares valued at 513M.
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Cloudflare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$120.37 (-3.80% Downside)
$120.37 (-3.80% Downside)
Blogger Sentiment
Bullish
NET Sentiment 81%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 124.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.7%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.97%
12-Months-Change
Fundamentals
Return on Equity
-11.22%
Trailing 12-Months
Asset Growth
18.26%
Trailing 12-Months
Company Description
Cloudflare
Founded in 2009 and headquartered in California, Cloudflare, Inc. is a web infrastructure and website security company. The company operates a cloud platform and 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.
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NET Company Deck
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NET Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue growth, improvements in operating margins, and successful AI partnerships, particularly in international markets. However, challenges include a decline in dollar-based net retention, sales cycle delays in the U.S., and short-term revenue pressures from new deal structures.Read More>---
NET Revenue Breakdown
84.39% Direct customers
15.61% Channel partners
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NET Stock 12 Month Forecast
Average Price Target
$120.37
▼(-3.80% Downside)
Technical Analysis
Best Analysts Covering NET
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+39.55%
reiterated a buy rating 2 months ago
Copying Timothy Horan's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +39.55% per trade.
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