NET Stock Overview
Operates as a cloud services provider that delivers a range of services to businesses worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Cloudflare, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$75.14 |
| 52 Week High | US$116.00 |
| 52 Week Low | US$53.88 |
| Beta | 1.15 |
| 1 Month Change | -17.46% |
| 3 Month Change | -23.73% |
| 1 Year Change | 28.40% |
| 3 Year Change | 0.86% |
| 5 Year Change | n/a |
| Change since IPO | 317.44% |
Recent News & Updates
Recent updates
Cloudflare Is Not An AI Winner
May 01Cloudflare: Too Much Optimism
Apr 19Cloudflare: Navigating High Valuations With Growth Potential
Apr 03Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?
Mar 31
Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?
Mar 13Cloudflare: 2021 All Over Again?
Mar 03Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors
Feb 10Cloudflare: Build AI Edge Exit Strategy
Feb 09Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)
Feb 02Cloudflare: Near-Term Expectations Are Too High
Jan 31Cloudflare's Valuation Advantage: Progress Toward GAAP Breakeven (Upgrade)
Jan 09Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark
Dec 22Cloudflare: Why I Am Now Downgrading The Stock
Dec 02Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?
Nov 17How Cloudflare Anticipated The AI Revolution Years In Advance
Nov 16Cloudflare: Buy The Dips For This Expensive Stock? Don't Be Fooled
Oct 27What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?
Oct 27Cloudflare: AI Edge
Sep 27Cloudflare Has AI Upside
Sep 20Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)
Sep 14Cloudflare: Upgrading To Buy On Strong Execution In Sales Challenges
Aug 21Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price
Aug 11Cloudflare: Phenomenal Company But Now Isn't The Time
Jul 23Is Cloudflare (NYSE:NET) Using Too Much Debt?
Jul 16Cloudflare Boosts Strong Network Positioning For Long-Term Growth
Jul 15Cloudflare: Why It's Time To Downgrade The Stock
Jun 18Cloudflare: Eternal Optimism
May 30Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?
Apr 17Cloudflare: ChatGPT, AI And The Competitive Advantage Most Miss
Feb 20Cloudflare Q4 Earnings: Recession? Not Here
Feb 13Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching
Feb 08Cloudflare Q4 Earnings: Can The Share Price Be Justified?
Feb 07Cloudflare: Uncertain 2023
Jan 25Shareholder Returns
| NET | US IT | US Market | |
|---|---|---|---|
| 7D | 2.5% | -0.9% | 2.3% |
| 1Y | 28.4% | 13.7% | 26.8% |
Return vs Industry: NET exceeded the US IT industry which returned 13.7% over the past year.
Return vs Market: NET exceeded the US Market which returned 26.8% over the past year.
Price Volatility
| NET volatility | |
|---|---|
| NET Average Weekly Movement | 6.5% |
| IT Industry Average Movement | 8.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.3% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: NET's share price has been volatile over the past 3 months.
Volatility Over Time: NET's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 3,704 | Matthew Prince | www.cloudflare.com |
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.
Cloudflare, Inc. Fundamentals Summary
| NET fundamental statistics | |
|---|---|
| Market cap | US$25.23b |
| Earnings (TTM) | -US$181.41m |
| Revenue (TTM) | US$1.39b |
18.4x
P/S Ratio-140.7x
P/E RatioIs NET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NET income statement (TTM) | |
|---|---|
| Revenue | US$1.39b |
| Cost of Revenue | US$321.61m |
| Gross Profit | US$1.06b |
| Other Expenses | US$1.24b |
| Earnings | -US$181.41m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.53 |
| Gross Margin | 76.78% |
| Net Profit Margin | -13.10% |
| Debt/Equity Ratio | 161.1% |
How did NET perform over the long term?
See historical performance and comparison