Cloudflare, Inc. (NET)
Market Cap | 27.96B |
Revenue (ttm) | 1.21B |
Net Income (ttm) | -202.00M |
Shares Out | 335.77M |
EPS (ttm) | -0.61 |
PE Ratio | n/a |
Forward PE | 160.28 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,940,104 |
Open | 84.18 |
Previous Close | 84.68 |
Day's Range | 82.75 - 84.79 |
52-Week Range | 37.56 - 86.91 |
Beta | 1.10 |
Analysts | Hold |
Price Target | 64.58 (-22.44%) |
Earnings Date | Feb 8, 2024 |
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... [Read more]
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.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for NET stock is "Hold." The 12-month stock price forecast is $64.58, which is a decrease of -22.44% from the latest price.
News
Here are 3 stocks — other than Nvidia — getting an AI premium from Wall Street
While Nvidia was the big winner for investors this year in the generative AI boom, other tech stocks have also gotten a boost
Cloudflare Publishes Third Annual Impact Report
SAN FRANCISCO--(BUSINESS WIRE)--Report details milestones in protecting vulnerable groups online, shielding critical infrastructure sectors, and supporting secure and accessible AI.
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cloudflare, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cloudflare, I...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cloudflare, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / December 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cloudflare, I...
Cloudflare Publishes Top Internet Trends for 2023
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today published its fourth annual Year in Review, exploring global Internet insights and security ...
Cloudflare Achieves #6 on Fortune Future 50 List 2023 for Long-Term Growth and Business Potential
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it has been named a Fortune Future 50 company for 2023, ranked number six of ...
Cloudflare Named a Leader in Edge Development Platforms by Industry Research Firm
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced it was cited as a Leader in The Forrester Wave™: Edge Development Platforms, Q4 20...
Web security powerhouse Cloudflare inches closer to a breakout
If you take a close look at the Cloudflare Inc. NYSE: NET chart, you'll notice the stock has come within striking distance of clearing a cup-shaped base with a buy point above $76.07.
Cloudflare stock outlook: Oppenheimer sees 17% upside
Cloudflare Inc (NYSE: NET) has already rallied a whopping 80% over the past seven months but an Oppenheimer analyst still sees further gains ahead. Cloudflare stock has upside to $85 On Tuesday, Timot...
AI Stock Buys Are C3.ai, Cloudflare, and DigitalOcean, Analyst Says
Oppenheimer analyst Timothy Horan upgraded shares of C3.ai, Cloudflare, and DigitalOcean to Outperform from Perform.
Cloudflare's stock drops after earnings as forecast comes up a bit shy
Cloudflare Inc. shares were declining 6% in Thursday's extended session after the cybersecurity company beat revenue expectations for its latest quarter but came up a bit shy with its top-line view of...
Cloudflare Announces Third Quarter 2023 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 third qua...
Okta's latest hack fallout hits Cloudflare, 1Password
Network and security giant Cloudflare and password manager maker 1Password said hackers briefly targeted their systems following a recent breach of Okta's support unit. Both Cloudflare and 1Password s...
Fauna Drives Stronger Developer Productivity and Application Performance with Cloudflare
SAN MATEO, Calif.--(BUSINESS WIRE)--Companies using Fauna are scaling faster than ever with serverless and distributed-by-default architectures. Fauna's distributed relational database with a document...
We Believe Cloudflare Can Move Up
Cloudflare Inc. (NET, Financial) is an internet services company that addresses three spend categories within enterprise and government customers. The company's original offering was content accelerat...
Cloudflare Expands Operations in Mexico Amid Growth Across Its Infrastructure and Customer Base
MEXICO CITY--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced its expansion in the Mexico market as part of furthering its commitments across Lati...
Cloudflare Announces Date of Third Quarter 2023 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will report its financial results for the third quarter ended September 30...
Cloudflare Helps Discover New Online Threat That Led to Largest Attack in Internet History
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today made public that it helped lead the disclosure of a new novel zero-day vulnerability, dubbed...
Cloudflare Named a Top 100 Most Loved Workplace in 2023 by Newsweek and the Best Practice Institute for the Second Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that for the second consecutive year it has been recognized as one of the Top 100 ...
Top Calls: Cloudflare Amps Up AI Strategy
Matthew Hedberg, RBC Capital Markets Equity Analyst, joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
Cloudflare Delivers all Connectivity Elements of Single-Vendor Secure Access Service Edge (SASE); Magic WAN Connector Available to All
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that all connectivity elements of Cloudflare's single-vendor SASE platform, Cloudf...
Here's Why Cloudflare may be the Ultimate Cloud Stock to Own
Cloudflare Inc. NYSE: NET is the world's most connected cloud network, offering a serverless cloud architecture, security and artificial intelligence (AI) on the network edge to thousands of companies...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Cloudflare, Inc. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cloudflare, Inc...
Cloudflare Powers Privacy Enhancing Features in Microsoft Edge Secure Network
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that Microsoft Edge is leveraging Cloudflare's Privacy Proxy technology, a key par...
Cloudflare Makes Every Local Database Global; Revolutionizes Database Performance with Hyperdrive
SAN FRANCISCO--(BUSINESS WIRE)--Now developers can easily build globally distributed applications on Cloudflare Workers without being constrained by their existing infrastructure.