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Cloudflare, Inc. (NET)

87.88 +3.19 (+3.77%)
At close: April 23 at 4:00 PM EDT
89.00 +1.12 (+1.27%)
After hours: April 23 at 7:57 PM EDT
Loading Chart for NET
DELL
  • Previous Close 84.69
  • Open 86.00
  • Bid 88.04 x 800
  • Ask 88.18 x 1200
  • Day's Range 85.02 - 88.88
  • 52 Week Range 39.90 - 116.00
  • Volume 2,403,965
  • Avg. Volume 3,998,988
  • Market Cap (intraday) 29.859B
  • Beta (5Y Monthly) 1.12
  • PE Ratio (TTM) --
  • EPS (TTM) -0.55
  • Earnings Date May 2, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 100.19

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 products. It offers website and application performance solutions, including content delivery, load balancing, DNS, agro smart routing, video stream delivery, web optimization, cache reserve, cloudfare waiting room, and cloudfare data localization suite; SASE platform through cloudfare one that provides a cloud-based network-as-a-service; network services which deliver network connectivity, security, and performance, including magic WAN, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust services, such as cloudflare access, cloudflare gateway, remote browser isolation, cloud access security broker, cloud email security, and data loss prevention products that protects, inspects, and provides privilege rules to grant access to data and application. Further, it provides developer-based solutions consisting of cloudflare workers, R2 object storage, workers KV, durable objects, cloudfare pages, cloudfare stream, and cloudfare images; and consumer products comprising of 1.1.1.1, a DNS resolver, WARP, a virtual private network, and cloudfare registrar that secures registration and management of domain names. The company serves customers in the technology, healthcare, financial services, consumer and retail, industrial, and non-profit industries, as well as government. Cloudflare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

www.cloudflare.com

3,682

Full Time Employees

December 31

Fiscal Year Ends

Recent News: NET

Performance Overview: NET

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

NET
5.55%
S&P 500
6.30%

1-Year Return

NET
39.94%
S&P 500
22.67%

3-Year Return

NET
16.51%
S&P 500
22.63%

5-Year Return

NET
--
S&P 500
68.60%

Compare To: NET

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: NET

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    29.86B

  • Enterprise Value

    29.62B

  • Trailing P/E

    --

  • Forward P/E

    149.25

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    22.61

  • Price/Book (mrq)

    39.13

  • Enterprise Value/Revenue

    22.84

  • Enterprise Value/EBITDA

    -818.92

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -14.19%

  • Return on Assets (ttm)

    -4.34%

  • Return on Equity (ttm)

    -26.52%

  • Revenue (ttm)

    1.3B

  • Net Income Avi to Common (ttm)

    -183.95M

  • Diluted EPS (ttm)

    -0.55

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.67B

  • Total Debt/Equity (mrq)

    188.09%

  • Levered Free Cash Flow (ttm)

    313.91M

Research Analysis: NET

Analyst Price Targets

52.00 Low
100.19 Average
87.88 Current
135.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: NET

Fair Value

87.88 Current
 

Dividend Score

0 Low
NET
Sector Avg.
100 High
 

Hiring Score

0 Low
NET
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
NET
Sector Avg.
100 High
 

Research Reports: NET

  • Analyst Report: Cloudflare Inc

    Cloudflare provides cloud-based network services that protect internet apps and help them to run faster - without requiring clients to add hardware, install new software, or change code. Cloudflare's unified control plane across on-premise, cloud, hybrid, and SaaS data infrastructure environments ensures the security, reliability and performance of its enterprise customers' external data infrastructure (websites, applications, and application program interfaces); internal networks and devices (identity and access); DevOps; and consumer applications. Internet sites powered by Cloudflare have all web traffic routed through its intelligent global network. The company seeks to relieve clients of the cost and complexity of managing their own network hardware. Some 48% of the company's revenue is generated outside of the U.S. Cloudflare was founded in 2010 and went public on September 12, 2019, at $15 per share.

    Rating
    Price Target
     
  • Market Digest: CHD, OGE, PWR, SYK, WWW, WRK, NET

    Nearly two months into 2024, stocks continue to perform well, yet insiders remain very cautious (as they have been for the past month). Insiders have unique views into their respective corners of the market, and their overt caution begs a question. Shouldn't stocks be pulling back if insiders are correct?

     
  • Analyst Report: Cloudflare, Inc.

    Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm’s edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

    Rating
    Price Target
     
  • Analyst Report: Cloudflare, Inc.

    Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm’s edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

    Rating
    Price Target
     

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