Cloudflare, Inc. (NET)

Market Cap	40.21B
Revenue (ttm)	1.57B
Net Income (ttm)	-93.82M
Shares Out	343.19M
EPS (ttm)	-0.28
PE Ratio	n/a
Forward PE	148.91
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,844,863
Open	119.42
Previous Close	114.82
Day's Range	116.78 - 121.02
52-Week Range	66.24 - 121.02
Beta	1.10
Analysts	Buy
Price Target	106.12 (-9.42%)
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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 13, 2019
• Employees: 3,682
• Stock Exchange: NYSE
• Ticker Symbol: NET
• Website: https://www.cloudflare.com

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 26 analysts, the average rating for NET stock is "Buy." The 12-month stock price forecast is $106.12, which is a decrease of -9.42% from the latest price.

Price Target

$106.12

(-9.42% downside)

Analyst Consensus: Buy