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Cloudflare NYSE:NET Stock Report

Last Price

US$97.99

Market Cap

US$33.1b

7D

-6.1%

1Y

59.4%

Updated

21 Feb, 2024

Data

Company Financials +

NET Stock Overview

CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.

NET fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Cloudflare, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cloudflare
Historical stock prices
Current Share PriceUS$97.99
52 Week HighUS$116.00
52 Week LowUS$39.90
Beta1.09
1 Month Change15.72%
3 Month Change32.99%
1 Year Change59.41%
3 Year Change28.21%
5 Year Changen/a
Change since IPO444.39%

Recent News & Updates

Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Feb 10
Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Cloudflare: Build AI Edge Exit Strategy

Feb 09

Recent updates

Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Feb 10
Cloudflare, Inc.'s (NYSE:NET) 34% Jump Shows Its Popularity With Investors

Cloudflare: Build AI Edge Exit Strategy

Feb 09

Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Feb 02
Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Cloudflare: Near-Term Expectations Are Too High

Jan 31

Cloudflare's Valuation Advantage: Progress Toward GAAP Breakeven (Upgrade)

Jan 09

Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark

Dec 22
Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark

Cloudflare: Why I Am Now Downgrading The Stock

Dec 02

Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?

Nov 17
Cloudflare (NYSE:NET) Has Debt But No Earnings; Should You Worry?

How Cloudflare Anticipated The AI Revolution Years In Advance

Nov 16

Cloudflare: Buy The Dips For This Expensive Stock? Don't Be Fooled

Oct 27

What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?

Oct 27
What Is Cloudflare, Inc.'s (NYSE:NET) Share Price Doing?

Cloudflare: AI Edge

Sep 27

Cloudflare Has AI Upside

Sep 20

Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Sep 14
Estimating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

Cloudflare: Upgrading To Buy On Strong Execution In Sales Challenges

Aug 21

Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price

Aug 11
Why We're Not Concerned About Cloudflare, Inc.'s (NYSE:NET) Share Price

Cloudflare: Phenomenal Company But Now Isn't The Time

Jul 23

Is Cloudflare (NYSE:NET) Using Too Much Debt?

Jul 16
Is Cloudflare (NYSE:NET) Using Too Much Debt?

Cloudflare Boosts Strong Network Positioning For Long-Term Growth

Jul 15

Cloudflare: Why It's Time To Downgrade The Stock

Jun 18

Cloudflare: Eternal Optimism

May 30

Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?

Apr 17
Is Cloudflare (NYSE:NET) Using Debt In A Risky Way?

Cloudflare: ChatGPT, AI And The Competitive Advantage Most Miss

Feb 20

Cloudflare Q4 Earnings: Recession? Not Here

Feb 13

Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching

Feb 08
Why Cloudflare, Inc. (NYSE:NET) Could Be Worth Watching

Cloudflare Q4 Earnings: Can The Share Price Be Justified?

Feb 07

Cloudflare: Uncertain 2023

Jan 25

Cloudflare, Inc. (NYSE:NET) Shares Could Be 22% Below Their Intrinsic Value Estimate

Jan 09
Cloudflare, Inc. (NYSE:NET) Shares Could Be 22% Below Their Intrinsic Value Estimate

Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?

Dec 19
Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?

Cloudflare gets federal authorization to aid government agencies modernization

Dec 14

Cloudflare: Charting A Course Through The Cloud But Still Overvalued

Dec 06

CloudFlare sinks 16% on “insufficient" Q3 performance despite earnings beat

Nov 04

Cloudflare: Really Difficult To Stay Bearish

Oct 25

Shareholder Returns

NETUS ITUS Market
7D-6.1%-2.8%-0.5%
1Y59.4%37.2%22.3%

Return vs Industry: NET exceeded the US IT industry which returned 36.4% over the past year.

Price Volatility

Is NET's price volatile compared to industry and market?
NET volatility
NET Average Weekly Movement8.2%
IT Industry Average Movement6.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: NET's share price has been volatile over the past 3 months.

Volatility Over Time: NET's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20093,529Matthew Princehttps://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, secure origin connection, and rate limiting products. It also offers website and application performance solutions, including content delivery, load balancing, DNS, agro smart routing, video stream delivery, content optimization, virtual backbone, always online, and cloudflare waiting room and registrar; and network services, which deliver network connectivity, security, and performance to customers as a service, including WAN, WARP, magic transit, magic firewall, cloudflare network interconnect, and spectrum.

Cloudflare, Inc. Fundamentals Summary

How do Cloudflare's earnings and revenue compare to its market cap?
NET fundamental statistics
Market capUS$33.07b
Earnings (TTM)-US$183.95m
Revenue (TTM)US$1.30b

25.5x

P/S Ratio

-179.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NET income statement (TTM)
RevenueUS$1.30b
Cost of RevenueUS$307.01m
Gross ProfitUS$989.74m
Other ExpensesUS$1.17b
Earnings-US$183.95m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.54
Gross Margin76.33%
Net Profit Margin-14.19%
Debt/Equity Ratio168.2%

How did NET perform over the long term?

See historical performance and comparison
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