Cloudflare, Inc. (NET)

NYSE: NET · Real-Time Price · USD
155.93
+0.10 (0.06%)
Feb 21, 2025, 10:15 AM EST - Market open
0.06%
Market Cap 53.74B
Revenue (ttm) 1.67B
Net Income (ttm) -78.80M
Shares Out 344.86M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 196.04
Dividend n/a
Ex-Dividend Date n/a
Volume 459,847
Open 157.58
Previous Close 156.38
Day's Range 155.43 - 157.59
52-Week Range 66.24 - 177.37
Beta 1.12
Analysts Buy
Price Target 136.04 (-12.7%)
Earnings Date Feb 6, 2025

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... [Read more]

Sector Technology
IPO Date Sep 13, 2019
Employees 4,263
Stock Exchange NYSE
Ticker Symbol NET
Full Company Profile

Financial Performance

In 2024, Cloudflare's revenue was $1.67 billion, an increase of 28.76% compared to the previous year's $1.30 billion. Losses were -$78.80 million, -57.16% less than in 2023.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for NET stock is "Buy." The 12-month stock price forecast is $136.04, which is a decrease of -12.70% from the latest price.

Price Target
$136.04
(-12.70% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Cloudflare: Dominating The Global CDN Market

Cloudflare's competitive advantage lies in its extensive ISP partnerships, enabling lower pricing and broad adoption, ranking it second only to Akamai in the CDN market. The CDN market is projected to...

3 days ago - Seeking Alpha

Cloudflare Q4: AI Agents & Inference Driving Up Enterprise Momentum (Downgrade)

Cloudflare, Inc.'s stock has outperformed the S&P 500, growing over 89% since my last publication, but future growth estimates are fully priced in, leading me to downgrade it to a “hold” with a $175 p...

7 days ago - Seeking Alpha

Cloudflare CEO Matthew Prince: New AI models should emerge over the course of the year

Matthew Prince, Cloudflare CEO, joins 'Closing Bell Overtime' to talk Q4 earnings, the state of AI, and more.

13 days ago - CNBC Television

Cloudflare Q4 Earnings: Sell The Stock When Momentum Stops

Cloudflare stock has soared despite guiding down Q1 estimates, irrationally pricing in years of growth. The company reported strong financials with a 27% growth in large customers and a 15% operating ...

13 days ago - Seeking Alpha

Buy Cloudflare Or Sell? Analysts Vary Over Sales Acceleration And Business Momentum

Wall Street analysts rerated Cloudflare, Inc NET after the company released its fourth-quarterly print Thursday.

13 days ago - Benzinga

Cloudflare and Fortinet stocks soar after strong Q4 earnings: key takeaways for investors

Shares of Cloudflare and Fortinet were surging on Friday after both companies delivered better-than-expected fourth-quarter earnings, boosting investor confidence in the cybersecurity sector. Cloudfla...

Other symbols: FTNT
14 days ago - Invezz

Top 2 Tech Stocks That May Collapse In February

As of Feb. 7, 2025, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: FTNT
14 days ago - Benzinga

Cloudflare, Fortinet Stocks Jump. What DeepSeek, Tariffs Mean for Cybersecurity Names.

Shares in the cybersecurity companies were rising Friday after both reported an earnings beat.

Other symbols: FTNT
14 days ago - Barrons

Cloudflare, Inc. (NET) Q4 2024 Earnings Call Transcript

Cloudflare, Inc. (NYSE:NET) Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Phil Winslow - Investor Relations Matthew Prince - Co-Founder and Chief Executive Officer...

14 days ago - Seeking Alpha

Cloudflare Announces Fourth Quarter and Fiscal Year 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. ...

14 days ago - Business Wire

Cloudflare's Technicals Look Strong: Will Q4 Earnings Justify Hype?

Cloudflare Inc NET will be reporting its fourth-quarter earnings on Thursday. Wall Street expects 18 cents in EPS and $452.10 million in revenues as the company reports after market hours.

14 days ago - Benzinga

Cloudflare Advances Public Sector Security Worldwide; Initiates Top Federal Certifications, Including FedRAMP High

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare pursues federal security certifications across US, Australia, and secures certification from Spain.

16 days ago - Business Wire

Cloudflare stockforecast: buy, sell, or hold ahead of earnings?

Cloudflare stock price has rallied this year, and is hovering at its highest level since December 2021 as demand for its services rise. NET was trading at $136.85 on Monday, up by about 255% from its ...

17 days ago - Invezz

Cloudflare Launches One-Click Content Credentials to Track Image Authenticity and Preserve Creator Attribution

SAN FRANCISCO--(BUSINESS WIRE)--Industry-first solution allows publishers and media organizations to preserve the digital history of their images across Cloudflare's network.

18 days ago - Business Wire

Josh Brown's best stocks list: IBM, Gartner, Cognizant Tech, Accenture, Cloudflare and GoDaddy

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to reveal his favorite stocks in the market.

Other symbols: ACNCTSHGDDYIBMIT
21 days ago - CNBC Television

Why cybersecurity remains a priority under Trump: Cloudflare CEO

Speaking from the 2025 World Economic Forum in Davos, Switzerland, Cloudflare (NET) CEO Matthew Prince joined Yahoo Finance Executive Editor Brian Sozzi to discuss cybersecurity implications as Donald...

4 weeks ago - Yahoo Finance

Cloudflare: Strong Fundamentals Justify A Premium

I see Cloudflare as a high-quality investment despite its premium valuation. I believe its focus on vendor consolidation and enterprise growth positions it well for the future. I recognize the risks o...

5 weeks ago - Seeking Alpha

Cloudflare Announces Date of Fourth Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will report its financial results for the fourth quarter ended December 31...

6 weeks ago - Business Wire

Cloudflare stock is on the verge of a bullish breakout

Cloudflare's stock price is at an important resistance level as the market assesses whether it has more upside after soaring 41% in 2024. It was trading at $112.55, a few points below the key resistan...

7 weeks ago - Invezz

Cloudflare's AI Innovations And Sales Strategy Drive Goldman Sachs Upgrade

Cloudflare Inc NET stock is trading upwards Thursday after Goldman Sachs analyst Gabriela Borges upgraded the stock from Sell to Buy and raised its price target from $77 to $140.

7 weeks ago - Benzinga

Cloudflare Stock Rises on Double Upgrade at Goldman. AI Is Just One Growth Catalyst.

Cloudflare benefits from improving sales productivity and an appetite for artificial intelligence, say analysts.

7 weeks ago - Barrons

UBER's FSD Analyst Divide, GOOGL Downgrade, NET Double Upgrade

Uber Technologies (UBER) is up following mixed analyst notes. JMP Securities downgraded the stock over concerns for its full self-driving future, while Goldman Sachs placed Uber on its stock convictio...

Other symbols: GOOGGOOGLUBER
7 weeks ago - Schwab Network

Cloudflare Announces Date of Investor Day 2025

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will host an Investor Day on Wednesday, March 12, 2025. The event is expec...

2 months ago - Business Wire

Cloudflare Publishes Fourth Annual Impact Report

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today published its fourth annual Impact Report.

2 months ago - Business Wire

Cloudflare: This High-Growth Investment Carries One Big Risk

Forecasting 25% annual revenue growth, Cloudflare is expected to reach $5.07 billion in revenue by 2029, with a 25% EBITDA margin, aligning with mature peers in cloud security. An estimated $101.4 bil...

2 months ago - Seeking Alpha