Cloudflare, Inc. (NET)

NYSE: NET · IEX Real-Time Price · USD
74.51
-3.29 (-4.23%)
At close: Aug 17, 2022 4:00 PM
74.40
-0.11 (-0.15%)
After-hours: Aug 17, 2022 5:56 PM EDT
-4.23%
Market Cap 24.40B
Revenue (ttm) 812.63M
Net Income (ttm) -289.75M
Shares Out 327.46M
EPS (ttm) -0.83
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,779,880
Open 75.45
Previous Close 77.80
Day's Range 74.07 - 76.74
52-Week Range 38.96 - 221.64
Beta 1.22
Analysts Buy
Price Target 101.07 (+35.6%)
Earnings Date Aug 4, 2022

About NET

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... [Read more...]

Industry Software
IPO Date Sep 13, 2019
CEO Matthew Prince
Employees 3,063
Stock Exchange NYSE
Ticker Symbol NET
Full Company Profile

Financial Performance

In 2021, Cloudflare's revenue was $656.43 million, an increase of 52.28% compared to the previous year's $431.06 million. Losses were -$260.31 million, 118.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for NET stock is "Buy." The 12-month stock price forecast is 101.07, which is an increase of 35.65% from the latest price.

Price Target
$101.07
(35.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Cloudflare Could Thrive in a Recession

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This trailblazing cloud business could make shareholders much richer in the long run.

3 Reasons to Buy Cloudflare Stock, and 1 Reason to Sell

The cloud-based software stock is still growing like a weed.

Cloudflare CEO says the company is focusing on generating cash flow

CNBC's Jim Cramer spoke with Cloudflare CEO Matthew Prince on Monday's episode of "Mad Money."

Why Cloudflare Stock Is Skyrocketing Today

The content delivery and data security specialist beat Wall Street's expectations with a 54% revenue surge and rosy full-year guidance.

Cloudflare soars after beating on revenue and raising annual forecast

Cloudflare sees improving trends in sales cycles, and now it's bringing in more large customers.

Cloudflare Stock Jumps As Large Customer Growth Fuels Beat

Cloudflare stock jumped as June-quarter earnings and revenue topped Wall Street estimates amid strong large customer growth. The post Cloudflare Stock Jumps As Large Customer Growth Fuels Beat appeared ...

Cloudflare Is Still On A 50% Growth Hot Streak -- Is It Time to Buy the Stock?

This internet company is knocking it out of the park, but here's why investors should be cautious.

Cloudflare Stock Surges as Full-Year Revenue Forecast Is Raised

RBC Capital Markets analyst Matthew Hedberg says Cloudflare's second-quarter results 'showed no deceleration' despite a difficult macro environment.

Cloudflare stock rallies 25% following earnings beat, raised revenue outlook

Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations and hiked its revenue outlook for the year.

Cloudflare Announces Second Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced financial results for its second quar...

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Cloudflare Q2 Preview: Can Shares Continue Their Recovery?

Cloudflare shares have gained 17% over the last month, crushing the S&P 500's performance.

Tech dominates the top 10 worst-performing large-cap stocks in 2022

Macro conditions were troubling for tech stocks even before Russia decided to invade Ukraine, but the slide has only gotten

What's in the Offing for Cloudflare (NET) This Earnings Season?

Cloudflare's (NET) Q2 performance is likely to have witnessed the solid demand for security solutions and the benefits of its recurring subscription-based business model and diversified customer base.

7 Cybersecurity Stocks to Buy on the Dip

Cybersecurity stocks to buy on the dip is our topic for today. Shares of most cybersecurity firms outperformed the broader market early in 2022 following the Russian invasion of Ukraine yet failed to ho...

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Market Sell-Off: 2 Growth Stocks Down by Over 40% to Buy Hand Over Fist

These fundamentally strong tech stocks can prove to be attractive picks in the current bear market.

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Cloudflare Announces Date of Second Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced that it will report its financial res...

2 Monster Growth Stocks That Could Lead a Market Rebound in the Second Half of 2022

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The severe macroeconomic climate has led investors toward defensive plays, creating buy opportunities in the following growth stocks. The post 7 Growth Stocks to Buy in July 2022 appeared first on Inves...

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2 Reasons to Buy Cloudflare Stock, and 1 Reason to Sell

The innovative cloud computing company has massive growth opportunities and a sticky platform, but there's one big risk investors should consider.

Better Buy: Fastly vs. Cloudflare

Which edge networking play is a better investment?

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