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Why did Sarepta Therapeutics Stock Plummet?
S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
These 3 Stocks Are Ready To Rally Out Of Bullish Bases
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)pixel
Game-Changing News For Tesla Investors 
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A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.
Why did Sarepta Therapeutics Stock Plummet?
S&P 500   4,002.87
DOW   32,560.60
QQQ   310.34
These 3 Stocks Are Ready To Rally Out Of Bullish Bases
Free Stock Analysis Report: Get Buy, Sell, or Hold Recommendation (Ad)pixel
Game-Changing News For Tesla Investors 
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A Guy Is Using ChatGPT to Turn $100 Into a Business Making as Much Money as Possible. Here Are the First 4 Steps the AI Chatbot Gave Him.
Why did Sarepta Therapeutics Stock Plummet?
NYSE:NET

Cloudflare - NET Stock Forecast, Price & News

$57.26
+3.54 (+6.59%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
$54.49
$58.09
50-Day Range
$42.70
$72.40
52-Week Range
$37.37
$132.45
Volume
4.41 million shs
Average Volume
5.40 million shs
Market Capitalization
$18.91 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$69.96

Cloudflare MarketRank™ Forecast

Analyst Rating
Hold
2.36 Rating Score
Upside/​Downside
18.4% Upside
$67.78 Price Target
Short Interest
Bearish
6.73% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.15
Upright™ Environmental Score
News Sentiment
0.16mentions of Cloudflare in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$25.75 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

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

1.90 out of 5 stars

Computer And Technology Sector

465th out of 601 stocks

Prepackaged Software Industry

159th out of 213 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

Palo Alto Networks Is The Leading Cyber Security Play  (NET)
Palo Alto Networks' shift to subscription services is driving growth and that has the analysts cheering, the stock is up 10% and moving higher.
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
Cloudflare Stock: Bull vs. Bear
Better Cybersecurity Stock: Fortinet vs. Cloudflare
Cloudflare Takes On Online Fraud Detection Market
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
3 Hypergrowth Tech Stocks to Buy in 2023 and Beyond
Why Did Cloudflare Stock Rise 13% in February?
Best Stock to Buy Now: CrowdStrike vs. Cloudflare
Fastly Stock: Bear vs. Bull
1 Magnificent Growth Stock That Could Soar 400% by 2028
Why Cloudflare Stock Was Up 17% Last Month
Why Shares of Cloudflare Jumped This Week
What Makes Cloudflare (NET) a New Buy Stock
See More Headlines
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NET Company Calendar

Last Earnings
2/09/2023
Today
3/21/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
3,217
Year Founded
2009

Price Target and Rating

Average Stock Price Forecast
$67.78
High Stock Price Forecast
$114.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+21.3%
Consensus Rating
Hold
Rating Score (0-4)
2.36
Research Coverage
21 Analysts

Profitability

Net Income
$-193,380,000.00
Pretax Margin
-19.56%

Debt

Sales & Book Value

Annual Sales
$975.24 million
Cash Flow
$0.08 per share
Book Value
$1.89 per share

Miscellaneous

Free Float
277,506,000
Market Cap
$19.05 billion
Optionable
Not Optionable
Beta
1.03

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
  • Ms. W. Ling
    Head of Governance Risk & Compliance
  • Daniella Vallurupalli
    VP & Head of Global Communications
  • Mr. Matthew DuBois
    Sales Mang.













NET Stock - Frequently Asked Questions

Should I buy or sell Cloudflare stock right now?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cloudflare in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street 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 2023?

21 Wall Street research analysts have issued 12 month price targets for Cloudflare's shares. Their NET share price forecasts range from $36.00 to $114.00. On average, they expect the company's stock price to reach $67.78 in the next year. This suggests a possible upside of 18.6% 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 2023?

Cloudflare's stock was trading at $45.21 on January 1st, 2023. Since then, NET shares have increased by 26.5% and is now trading at $57.17.
View the best growth stocks for 2023 here
.

When is Cloudflare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our NET earnings forecast
.

How were Cloudflare's earnings last quarter?

Cloudflare, Inc. (NYSE:NET) issued its quarterly earnings results on Thursday, February, 9th. The company reported ($0.09) earnings per share for the quarter, meeting the consensus estimate of ($0.09). The company earned $274.70 million during the quarter, compared to analysts' expectations of $274.29 million. Cloudflare had a negative trailing twelve-month return on equity of 27.64% and a negative net margin of 19.83%.

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

Cloudflare updated its FY23 earnings guidance on Thursday, February, 9th. The company provided EPS guidance of $0.15-$0.16 for the period, compared to the consensus earnings per share estimate of $0.16. The company issued revenue guidance of $1.330-$1.342 billion, compared to the consensus revenue estimate of $1.31 billion.

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 (IPO) on Friday, September 13th 2019. The company issued 35,000,000 shares at a price of $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 investors include Baillie Gifford & Co. (7.97%), Sands Capital Management LLC (4.70%), First Trust Advisors LP (1.93%), Moneta Group Investment Advisors LLC (1.85%), Parallax Volatility Advisers L.P. (0.00%) and Geode Capital Management LLC (1.11%). Insiders that own company stock include Associates V Lp Venrock, Carl Ledbetter, Douglas James Kramer, Forest Baskett, Katrin Suder, Maria S Eitel, 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
.

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 $57.17.

How much money does Cloudflare make?

Cloudflare (NYSE:NET) has a market capitalization of $18.88 billion and generates $975.24 million in revenue each year. The company earns $-193,380,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis.

How many employees does Cloudflare have?

The company employs 3,217 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 3/22/2023 by MarketBeat.com Staff