Cloudflare (NYSE:NET - Get Free Report) is expected to be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Cloudflare to post earnings of $0.17 per share and revenue of $469.49 million for the quarter. Cloudflare has set its FY 2025 guidance at 0.790-0.800 EPS and its Q1 2025 guidance at 0.160-0.160 EPS.
Cloudflare (NYSE:NET - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.21). Cloudflare had a negative return on equity of 5.52% and a negative net margin of 4.72%. On average, analysts expect Cloudflare to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Cloudflare Stock Performance
NET traded up $1.65 during trading on Friday, reaching $124.26. 2,621,223 shares of the company were exchanged, compared to its average volume of 3,157,383. Cloudflare has a 52 week low of $66.24 and a 52 week high of $177.37. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 1.32. The firm has a 50 day moving average of $117.80 and a 200 day moving average of $116.52. The stock has a market cap of $42.88 billion, a P/E ratio of -564.82 and a beta of 1.59.
Insiders Place Their Bets
In related news, CEO Matthew Prince sold 2,311 shares of the firm's stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $107.75, for a total transaction of $249,010.25. Following the completion of the sale, the chief executive officer now directly owns 413,413 shares in the company, valued at approximately $44,545,250.75. This trade represents a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Janel Riley sold 4,327 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $167.60, for a total transaction of $725,205.20. Following the completion of the transaction, the chief accounting officer now owns 74,698 shares in the company, valued at approximately $12,519,384.80. This represents a 5.48 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 509,973 shares of company stock worth $66,133,783. 12.83% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on NET. Baird R W cut shares of Cloudflare from a "strong-buy" rating to a "hold" rating in a report on Monday, February 3rd. The Goldman Sachs Group cut their price target on Cloudflare from $183.00 to $161.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Robert W. Baird reissued a "neutral" rating and issued a $140.00 price objective (up from $125.00) on shares of Cloudflare in a report on Monday, February 3rd. Scotiabank lifted their target price on Cloudflare from $87.00 to $110.00 and gave the company a "sector perform" rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company increased their price target on Cloudflare from $135.00 to $150.00 and gave the stock an "overweight" rating in a research note on Monday, January 27th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $134.84.
View Our Latest Stock Report on Cloudflare
Cloudflare Company Profile
(
Get Free Report)
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.
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