Cloudflare (NYSE:NET - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Thursday, July 31st. Analysts expect Cloudflare to post earnings of $0.18 per share and revenue of $501.58 million for the quarter. Cloudflare has set its FY 2025 guidance at 0.790-0.800 EPS and its Q2 2025 guidance at 0.180-0.180 EPS.
Cloudflare (NYSE:NET - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.01). The business had revenue of $479.09 million during the quarter, compared to the consensus estimate of $469.49 million. Cloudflare had a negative return on equity of 6.31% and a negative net margin of 4.62%. The business's revenue for the quarter was up 26.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.16 earnings per share. On average, analysts expect Cloudflare to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Cloudflare Trading Up 3.6%
Cloudflare stock traded up $6.91 during mid-day trading on Friday, hitting $198.49. The company's stock had a trading volume of 2,697,354 shares, compared to its average volume of 3,709,952. The company has a debt-to-equity ratio of 0.90, a current ratio of 3.20 and a quick ratio of 3.20. The stock has a market cap of $68.80 billion, a price-to-earnings ratio of -863.00 and a beta of 1.85. The business has a 50 day moving average price of $179.27 and a 200-day moving average price of $145.43. Cloudflare has a 12 month low of $69.26 and a 12 month high of $200.76.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Cloudflare from $145.00 to $160.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Mizuho boosted their price target on shares of Cloudflare from $155.00 to $220.00 and gave the company an "outperform" rating in a research report on Wednesday, July 16th. Jefferies Financial Group reduced their price target on shares of Cloudflare from $170.00 to $150.00 and set a "hold" rating on the stock in a research report on Friday, May 9th. Susquehanna cut their price objective on shares of Cloudflare from $170.00 to $140.00 and set a "neutral" rating on the stock in a report on Monday, May 12th. Finally, Capital One Financial upgraded shares of Cloudflare from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 8th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $159.92.
Read Our Latest Research Report on NET
Insider Transactions at Cloudflare
In other news, insider Michelle Zatlyn sold 25,641 shares of the stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $190.68, for a total value of $4,889,225.88. Following the completion of the sale, the insider directly owned 6,390 shares of the company's stock, valued at $1,218,445.20. This represents a 80.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Matthew Prince sold 52,384 shares of the stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $184.58, for a total transaction of $9,669,038.72. Following the completion of the sale, the chief executive officer directly owned 381,213 shares of the company's stock, valued at approximately $70,364,295.54. This trade represents a 12.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 615,332 shares of company stock valued at $106,709,878. Company insiders own 10.89% of the company's stock.
Institutional Trading of Cloudflare
An institutional investor recently raised its position in Cloudflare stock. Empowered Funds LLC raised its stake in Cloudflare, Inc. (NYSE:NET - Free Report) by 34.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,656 shares of the company's stock after acquiring an additional 1,696 shares during the period. Empowered Funds LLC's holdings in Cloudflare were worth $750,000 as of its most recent SEC filing. 82.68% of the stock is owned by institutional investors and hedge funds.
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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