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Why This Bear Market Is Not Even Close to Being Done…
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Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Denmark says Nord Stream 1 pipelines stop leaking
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
New Battery Tech to “Eat Lithium’s Lunch”? (Ad)
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NYSE:NET

Cloudflare - NET Stock Forecast, Price & News

$55.31
+0.46 (+0.84%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$54.01
$57.91
50-Day Range
$45.68
$78.61
52-Week Range
$38.96
$221.64
Volume
3.21 million shs
Average Volume
4.52 million shs
Market Capitalization
$18.04 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$112.57

Cloudflare MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
103.5% Upside
$112.57 Price Target
Short Interest
Healthy
3.70% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.93
Upright™ Environmental Score
News Sentiment
0.48mentions of Cloudflare in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$20.82 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.53) to ($0.54) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Computer And Technology Sector

176th out of 652 stocks

Prepackaged Software Industry

44th out of 227 stocks

NET stock logo

About Cloudflare (NYSE:NET) Stock

CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers 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. 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 and intelligent routing, 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, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

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NET Stock News Headlines

Citing imminent danger Cloudflare drops hate site Kiwi Farms
Citing “imminent danger,” Cloudflare has dropped the notorious stalking and harassment site Kiwi Farms from its internet security services
Cloudflare (NET) Releases Data Localization Suite in Asia
Cloudflare (NYSE:NET) Coverage Initiated at Moffett Nathanson
Cloudflare (NYSE:NET) Trading Up 3.8%
See More Headlines
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NET Company Calendar

Last Earnings
8/04/2022
Today
10/02/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
2,440
Year Founded
2009

Price Target and Rating

Average Stock Price Forecast
$112.57
High Stock Price Forecast
$200.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+103.5%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
21 Analysts

Profitability

Net Income
$-260,310,000.00
Pretax Margin
-33.48%

Debt

Sales & Book Value

Annual Sales
$656.43 million
Cash Flow
$0.03 per share
Book Value
$2.51 per share

Miscellaneous

Free Float
274,072,000
Market Cap
$18.04 billion
Optionable
Not Optionable
Beta
1.10

Social Links


Key Executives

  • Mr. Matthew  PrinceMr. Matthew Prince (Age 46)
    Co-Founder, Chairman & CEO
    Comp: $400k
  • Ms. Michelle  ZatlynMs. Michelle Zatlyn (Age 43)
    Co-Founder, COO, Pres & Director
    Comp: $400k
  • Mr. Thomas Josef SeifertMr. Thomas Josef Seifert (Age 59)
    Chief Financial Officer
    Comp: $650k
  • Mr. Douglas James KramerMr. Douglas James Kramer (Age 51)
    Gen. Counsel & Sec.
    Comp: $550k
  • Mr. Lee Holloway
    Co-Founder
  • Mr. Paul D. UnderwoodMr. Paul D. Underwood (Age 54)
    Chief Accounting Officer
  • Mr. - John
    Chief Technology Officer
  • Mr. Jayson Noland C.F.A.
    Head of Investor Relations
  • Ms. W. Ling
    Head of Governance Risk & Compliance
  • Daniella Vallurupalli
    VP & Head of Global Communications













NET Stock - Frequently Asked Questions

Should I buy or sell Cloudflare stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cloudflare in the last year. There are currently 1 sell rating, 11 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NET, but not buy additional shares or sell existing shares.
View NET analyst ratings
or view top-rated stocks.

What is Cloudflare's stock price forecast for 2022?

21 Wall Street analysts have issued twelve-month target prices for Cloudflare's stock. Their NET share price forecasts range from $42.00 to $200.00. On average, they expect the company's share price to reach $112.57 in the next year. This suggests a possible upside of 103.5% from the stock's current price.
View analysts price targets for NET
or view top-rated stocks among Wall Street analysts.

How have NET shares performed in 2022?

Cloudflare's stock was trading at $131.50 on January 1st, 2022. Since then, NET shares have decreased by 57.9% and is now trading at $55.31.
View the best growth stocks for 2022 here
.

When is Cloudflare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our NET earnings forecast
.

How were Cloudflare's earnings last quarter?

Cloudflare, Inc. (NYSE:NET) posted its earnings results on Thursday, August, 4th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by $0.07. The company had revenue of $234.52 million for the quarter, compared to analyst estimates of $227.52 million. Cloudflare had a negative net margin of 35.66% and a negative trailing twelve-month return on equity of 23.62%.

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

Cloudflare issued an update on its third quarter 2022 earnings guidance on Thursday, August, 25th. The company provided earnings per share (EPS) guidance of 0-$0.01 for the period, compared to the consensus EPS estimate of $0.01. The company issued revenue guidance of $250.00 million-$251.00 million, compared to the consensus revenue estimate of $246.91 million.

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

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

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), Block (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 served 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."

How do I buy shares of Cloudflare?

Shares of NET stock 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 $55.31.

How much money does Cloudflare make?

Cloudflare (NYSE:NET) has a market capitalization of $18.04 billion and generates $656.43 million in revenue each year. The company earns $-260,310,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis.

How many employees does Cloudflare have?

The company employs 2,440 workers across the globe.

How can I contact Cloudflare?

Cloudflare's mailing address is 101 Townsend Street, San Francisco CA, 94107. The official website for the company is www.cloudflare.com. The company can be reached via phone at 888-993-5273 or via email at ir@cloudflare.com.

This page (NYSE:NET) was last updated on 10/2/2022 by MarketBeat.com Staff

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