Macroeconomic FactorsCloudflare urged caution based on its observation of a short-term cloudy crystal ball, mixed macroeconomic data points, and heightened geopolitical uncertainty.
Sales PerformanceNET’s new President of Revenue noted the company was sales constrained last year with too many account executives not making sales quota.
ValuationCloudflare already at a premium valuation of 15x EV/Sales vs peers who trade at 12x, even after the after-hours move of -15%, the risk still outweighs the reward.