Cloudflare, Inc. (NET)

NYSE: NET · Real-Time Price · USD
109.09
+1.97 (1.84%)
At close: Apr 15, 2025, 3:59 PM
108.00
-1.09 (-1.00%)
After-hours: Apr 15, 2025, 7:00 PM EDT
1.84%
Market Cap 37.64B
Revenue (ttm) 1.67B
Net Income (ttm) -78.80M
Shares Out 344.86M
EPS (ttm) -0.23
PE Ratio n/a
Forward PE 136.97
Dividend n/a
Ex-Dividend Date n/a
Volume 1,749,027
Open 107.20
Previous Close 107.12
Day's Range 106.18 - 110.18
52-Week Range 66.24 - 177.37
Beta 1.59
Analysts Buy
Price Target 133.04 (+21.95%)
Earnings Date May 1, 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-premises, software-as-a-service applications, and Internet of things (IoT) devices; and website and application security products comprising web application firewall, bot management, distributed denial of service protection, API security, SSL/TLS encryption, script management, secu... [Read more]

Sector Technology
IPO Date Sep 13, 2019
Country United States
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 $133.04, which is an increase of 21.95% from the latest price.

Price Target
$133.04
(21.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cloudflare Launches Workers VPC and VPC Private Link, Unleashing Developers to Build Secure Cross-Cloud Applications

SAN FRANCISCO--(BUSINESS WIRE)--Developers can now build secure global apps on Cloudflare Workers while seamlessly connecting to data in legacy clouds and on-premises networks.

4 days ago - Business Wire

Cloudflare Accelerates AI Agent Development With The Industry's First Remote MCP Server

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare's Developer Platform and global network are the best place to build and deploy AI agents.

8 days ago - Business Wire

Cloudflare Acquires Outerbase to Expand Capabilities for Database and Agent Developer Experience

SAN FRANCISCO--(BUSINESS WIRE)--Outerbase acquisition will simplify how developers build intelligent, contextual, and reliable AI applications on the Cloudflare Developer Platform.

8 days ago - Business Wire

Cloudflare Appoints Three New Board Members

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced three new appointments to its board of directors — Stacey Cunningham, the former P...

19 days ago - Business Wire

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: UNF
19 days ago - Benzinga

Cloudflare's Developer And AI Tools Fuel Long-Term Growth: Goldman Sachs Analyst Says

Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Cloudflare, Inc NET on Wednesday with a price target of $161.

20 days ago - Benzinga

Cloudflare Analyst Turns Bullish On AI Momentum, Security Market Gains

BofA Securities analyst Madeline Brooks on Tuesday upgraded Cloudflare, Inc. NET from Underperform to Buy, raising the price forecast from $60 to $160.

21 days ago - Benzinga

Cloudflare Stock Jumps as BofA Gives Rare Double Upgrade to 'True AI Winner'

Cloudflare (NET) shares jumped Tuesday after Bank of America analysts gave the stock a double upgrade, citing strong growth potential in artificial intelligence and security.

21 days ago - Investopedia

META $14 Ad-Free Plan, CVNA Upgrade Ramp, NET Double Upgrade

Markets moved higher ahead of critical economic data this morning. Carvana (CVNA) was one of the winners thanks to an upgrade from Morgan Stanley.

Other symbols: CVNAMETA
21 days ago - Schwab Network

Cloudflare Named a Leader in Web Application Firewall Solutions by Industry Research Firm

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, has been named by Forrester Research, Inc. as a Leader in The Forrester Wave™: Web Application Fir...

26 days ago - Business Wire

Canadian Net Real Estate Investment Trust (CNNRF) Q4 2024 Earnings Call Transcript

Canadian Net Real Estate Investment Trust (OTC:CNNRF) Q4 2024 Results Conference Call March 19, 2025 9:00 AM ET Company Participants Kevin Henley - President, Chief Executive Officer & Secretary Ben G...

27 days ago - Seeking Alpha

Cloudflare Introduces Cloudflare for AI, a Comprehensive Suite of Tools to Safeguard AI for Businesses at Scale

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today unveiled Cloudflare for AI, a suite of tools to provide comprehensive visibility, security a...

27 days ago - Business Wire

Cloudflare Expands Threat Intelligence Offering with New Comprehensive, Real-Time Events Platform

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today launched the Cloudforce One threat events platform to provide real-time intelligence on cybe...

4 weeks ago - Business Wire

Cloudflare Introduces Security Posture Management to Help Businesses Manage Threats To All Their Data, Apps and Clouds–In a Single View

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced the general availability of Cloudflare's integrated Security Posture Management to...

4 weeks ago - Business Wire

Cloudflare Expands Guards to Ward Off Attacks From Quantum Computers

Cloudflare brings post-quantum cryptography to its Zero Trust Network Access solution.

4 weeks ago - Barrons

Cloudflare Advances Industry's First Cloud-Native Quantum-Safe Zero Trust Solution

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it is expanding end-to-end support for post-quantum cryptography to its Zero ...

4 weeks ago - Business Wire

Cloudflare Drives Analyst Optimism With 'Speedboat' AI Initiatives, Sales Productivity Gains

On Thursday, Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Cloudflare Inc NET and lowered the price target to $161 from $183.

4 weeks ago - Benzinga

Cloudflare: Balancing High Growth And Profitability

I recognize that Cloudflare's valuation is high, but its strong growth potential keeps me interested. I believe its expanding free cash flow margins could make it an institutional favorite over time. ...

6 weeks ago - Seeking Alpha

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...

2 months 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...

2 months 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.

2 months 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 ...

2 months 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.

2 months 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
2 months 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
2 months ago - Benzinga