Cloudflare, Inc. (NET)

Market Cap	25.29B
Revenue (ttm)	1.39B
Net Income (ttm)	-181.41M
Shares Out	339.80M
EPS (ttm)	-0.53
PE Ratio	n/a
Forward PE	120.85
Dividend	n/a
Ex-Dividend Date	n/a

Volume	735,556
Open	74.53
Previous Close	73.35
Day's Range	73.97 - 74.80
52-Week Range	51.25 - 116.00
Beta	1.15
Analysts	Hold
Price Target	92.38 (+24.05%)
Earnings Date	May 2, 2024

About NET

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 pr...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 13, 2019
• Employees: 3,682
• Stock Exchange: NYSE
• Ticker Symbol: NET

Financial Performance

In 2023, Cloudflare's revenue was $1.30 billion, an increase of 32.97% compared to the previous year's $975.24 million. Losses were -$183.95 million, -4.88% less than in 2022.

Analyst Forecast

According to 21 analysts, the average rating for NET stock is "Hold." The 12-month stock price forecast is $92.38, which is an increase of 24.05% from the latest price.

Price Target

$92.38

(24.05% upside)

Analyst Consensus: Hold