Cloudflare, Inc. (NET)

Market Cap	23.31B
Revenue (ttm)	1.21B
Net Income (ttm)	-202.00M
Shares Out	295.90M
EPS (ttm)	-0.61
PE Ratio	n/a
Forward PE	156.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,532,507
Open	77.44
Previous Close	77.15
Day's Range	75.79 - 78.88
52-Week Range	37.56 - 79.61
Beta	0.97
Analysts	Hold
Price Target	63.45 (-19.46%)
Earnings Date	Nov 2, 2023

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, secure origin connection, and rate limiting products. It...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Sep 13, 2019
• Employees: 3,217
• Stock Exchange: NYSE
• Ticker Symbol: NET

Financial Performance

In 2022, Cloudflare's revenue was $975.24 million, an increase of 48.57% compared to the previous year's $656.43 million. Losses were -$193.38 million, -25.71% less than in 2021.

Analyst Forecast

According to 22 analysts, the average rating for NET stock is "Hold." The 12-month stock price forecast is $63.45, which is a decrease of -19.46% from the latest price.

Price Target

$63.45

(-19.46% downside)

Analyst Consensus: Hold