NYSE:NET

Cloudflare Stock Forecast, Price & News

$133.49
+4.94 (+3.84 %)
(As of 09/16/2021 12:00 AM ET)
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Today's Range
$128.10
$133.95
50-Day Range
$102.66
$133.49
52-Week Range
$34.53
$133.95
Volume2.97 million shs
Average Volume3.82 million shs
Market Capitalization$41.71 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.03
30 days | 90 days | 365 days | Advanced Chart
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About Cloudflare

CloudFlare, Inc. operates a cloud platform that delivers a range of network 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 Internet of Things (IoT) devices. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery, intelligent routing, and mobile software development kit, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, and always online solutions that enhances Internet experience and allows customers to run their digital operations efficiently. Further, the company provides Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to Cloudflare's network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it offers developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, and analytics; Consumer DNS Resolver, a consumer application to browse the Internet; and Consumer VPN for consumers designed to secure and accelerate traffic on mobile devices. The company serves customers in technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. It has a strategic agreement with Baidu, Inc. and JD Cloud & AI. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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MarketRank

Overall MarketRank

2.43 out of 5 stars

Computer And Technology Sector

156th out of 857 stocks

Prepackaged Software Industry

30th out of 247 stocks

Analyst Opinion: 2.4Community Rank: 5.0Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -
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Cloudflare (NYSE:NET) Frequently Asked Questions

Is Cloudflare a buy right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cloudflare in the last year. There are currently 5 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cloudflare stock.
View analyst ratings for Cloudflare
or view top-rated stocks.

What stocks does MarketBeat like better than Cloudflare?

Wall Street analysts have given Cloudflare a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cloudflare wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cloudflare?

Cloudflare saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,630,000 shares, a decrease of 19.3% from the August 15th total of 11,940,000 shares. Based on an average daily trading volume, of 3,070,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 3.9% of the company's shares are short sold.
View Cloudflare's Short Interest
.

When is Cloudflare's next earnings date?

Cloudflare is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Cloudflare
.

How were Cloudflare's earnings last quarter?

Cloudflare, Inc. (NYSE:NET) announced its quarterly earnings results on Thursday, August, 5th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.04. The company had revenue of $152.43 million for the quarter, compared to analyst estimates of $146.22 million. Cloudflare had a negative trailing twelve-month return on equity of 12.61% and a negative net margin of 25.63%.
View Cloudflare's earnings history
.

How has Cloudflare's stock price been impacted by COVID-19 (Coronavirus)?

Cloudflare's stock was trading at $20.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NET shares have increased by 548.3% and is now trading at $133.49.
View which stocks have been most impacted by COVID-19
.

What guidance has Cloudflare issued on next quarter's earnings?

Cloudflare issued an update on its FY 2021 earnings guidance on Thursday, September, 2nd. The company provided earnings per share guidance of $-0.120-$-0.110 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.100. The company issued revenue guidance of $629 million-$633 million, compared to the consensus revenue estimate of $614.81 million.

What price target have analysts set for NET?

21 equities research analysts have issued 1 year target prices for Cloudflare's stock. Their forecasts range from $55.00 to $140.00. On average, they expect Cloudflare's share price to reach $111.08 in the next twelve months. This suggests that the stock has a possible downside of 16.8%.
View analysts' price targets for Cloudflare
or view top-rated stocks among Wall Street analysts.

Who are Cloudflare's key executives?

Cloudflare's management team includes the following people:
  • Mr. Matthew Prince, Co-Founder, Chairman & CEO (Age 46, Pay $434.72k)
  • Ms. Michelle Zatlyn, Co-Founder, COO, Pres & Director (Age 41, Pay $417.46k)
  • Mr. Thomas Josef Seifert, Chief Financial Officer (Age 58, Pay $650k)
  • Mr. Douglas James Kramer, Gen. Counsel & Sec. (Age 50, Pay $550k)
  • Mr. Lee Holloway, Co-Founder
  • Mr. Paul D. Underwood, Chief Accounting Officer
  • Mr. - John, Chief Technology Officer
  • Mr. Jayson Noland CFA, Head of Investor Relations
  • Ms. W. Ling, Head of Governance Risk & Compliance
  • Mr. Matthew DuBois, Sales Mang.

What is Matthew Prince's approval rating as Cloudflare's CEO?

53 employees have rated Cloudflare CEO Matthew Prince on Glassdoor.com. Matthew Prince has an approval rating of 92% among Cloudflare's employees. This puts Matthew Prince in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Cloudflare's key competitors?

What other stocks do shareholders of Cloudflare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cloudflare investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Square (SQ), DocuSign (DOCU), Advanced Micro Devices (AMD), Zoom Video Communications (ZM), Fastly (FSLY), Okta (OKTA), Slack Technologies (WORK) and Twilio (TWLO).

When did Cloudflare IPO?

(NET) raised $385 million in an initial public offering on Friday, September 13th 2019. The company issued 35,000,000 shares at $10.00-$12.00 per share. Goldman Sachs, Morgan Stanley and J.P. Morgan acted as the underwriters for the IPO and Jefferies, Wells Fargo Securities, RBC Capital Markets, JMP Securities, Evercore ISI, Needham & Company, Oppenheimer, BTIG and SunTrust Robinson Humphrey were co-managers.

What is Cloudflare's stock symbol?

Cloudflare trades on the New York Stock Exchange (NYSE) under the ticker symbol "NET."

Who are Cloudflare's major shareholders?

Cloudflare's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Baillie Gifford & Co. (9.74%), Morgan Stanley (9.20%), Vanguard Group Inc. (6.56%), Venrock Management V LLC (2.03%), First Trust Advisors LP (0.92%) and Franklin Resources Inc. (0.82%). Company insiders that own Cloudflare stock include Associates V Lp Venrock, Carl Ledbetter, Douglas James Kramer, Forest Baskett, Katrin Suder, Matthew Prince, Michelle Zatlyn, Patrick J Kerins, Paul D Underwood, Scott D Sandell, Stanley J Meresman, Thomas J Seifert, Uv Partners Iv Lp and Ventures V LP Pelion.
View institutional ownership trends for Cloudflare
.

Which institutional investors are selling Cloudflare stock?

NET stock was sold by a variety of institutional investors in the last quarter, including Venrock Management V LLC, Artisan Partners Limited Partnership, ARK Investment Management LLC, Principal Financial Group Inc., Neuberger Berman Group LLC, Citadel Advisors LLC, AQR Capital Management LLC, and Teacher Retirement System of Texas. Company insiders that have sold Cloudflare company stock in the last year include Carl Ledbetter, Douglas James Kramer, Katrin Suder, Matthew Prince, Michelle Zatlyn, Paul D Underwood, Scott D Sandell, Stanley J Meresman, and Thomas J Seifert.
View insider buying and selling activity for Cloudflare
or view top insider-selling stocks.

Which institutional investors are buying Cloudflare stock?

NET stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Vanguard Group Inc., 1832 Asset Management L.P., Legal & General Group Plc, Nuveen Asset Management LLC, Strategy Capital LLC, Geode Capital Management LLC, and Allianz Asset Management GmbH.
View insider buying and selling activity for Cloudflare
or or view top insider-buying stocks.

How do I buy shares of Cloudflare?

Shares of NET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cloudflare's stock price today?

One share of NET stock can currently be purchased for approximately $133.49.

How much money does Cloudflare make?

Cloudflare has a market capitalization of $41.71 billion and generates $431.06 million in revenue each year. The company earns $-119,370,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis.

How many employees does Cloudflare have?

Cloudflare employs 1,788 workers across the globe.

When was Cloudflare founded?

Cloudflare was founded in 2009.

What is Cloudflare's official website?

The official website for Cloudflare is www.cloudflare.com.

Where are Cloudflare's headquarters?

Cloudflare is headquartered at 101 Townsend Street, San Francisco CA, 94107.

How can I contact Cloudflare?

Cloudflare's mailing address is 101 Townsend Street, San Francisco CA, 94107. The company can be reached via phone at 888-993-5273 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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