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Cloudflare (NET)
NYSE:NET
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NET Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$66.24 - $116.00
Previous Close$113.6
Volume2.20M
Average Volume (3M)2.78M
Market Cap
$38.99B
Enterprise Value$38.61B
Total Cash (Recent Filing)$1.82B
Total Debt (Recent Filing)$1.45B
Price to Earnings (P/E)―
Beta2.37
Next Earnings
Feb 06, 2025EPS Estimate
$0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
Shares Outstanding343,193,916
10 Day Avg. Volume2,635,947
30 Day Avg. Volume2,775,906
Standard Deviation0.20
R-Squared0.08
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)40.37
Price to Sales (P/S)24.80
Price to Cash Flow (P/CF)93.10
P/FCF Ratio215.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue24.56
Enterprise Value/Gross Profit39.01
Enterprise Value/Ebitda823.30
Forecast
1Y Price Target
$101.63Price Target Upside-11.36% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
Cloudflare News
Bulls Say, Bears Say
Bulls Say
Market PositionThe company is well-positioned to gain share within the top 2 CIO spending priorities, Security and AI/ML.
Product InnovationCloudflare Workers AI, a serverless GPU-powered platform on Cloudflare's global network, provides all the foundational elements of running AI inference on over 300 locations worldwide.
Revenue GrowthTotal revenue grew 28% year-over-year and exceeded the Street's approximately 26% forecast.
Bears Say
Growth DecelerationThe growth story is decelerating with NRR declining another 200bps to 110% and overall growth reaching ~28% YoY.
Sales Leadership And ExecutionA number of larger deals slipped out of the quarter in the U.S. due to the sales leadership transition.
Valuation ConcernsCloudflare carries a particularly high valuation, leading to a preference for other high-growth software names.
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Ownership Overview
9.98% Insiders
28.08% Mutual Funds
34.22% Other Institutional Investors
11.17% 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 $116.00 in the past 12 months.
What is Cloudflare’s market cap?
Currently, no data Available
When is Cloudflare’s upcoming earnings report date?
Cloudflare’s upcoming earnings report date is Feb 06, 2025 which is in 47 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:
$101.63 (-11.36% Downside)
$101.63 (-11.36% Downside)
Blogger Sentiment
Bullish
NET Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 124.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
41.32%
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
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NET Revenue Breakdown
84.39% Direct customers
15.61% Channel partners
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NET Stock 12 Month Forecast
Average Price Target
$101.63
▼(-11.36% Downside)
Technical Analysis
Best Analysts Covering NET
1 Year
1 Year Success Rate
22/22 ratings generated profit
1 Year Average Return
+38.07%
reiterated a buy rating last month
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