NET Stock Overview
Operates as a cloud services provider that delivers a range of services to businesses worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Cloudflare, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$112.69 |
| 52 Week High | US$119.42 |
| 52 Week Low | US$66.24 |
| Beta | 1.12 |
| 1 Month Change | 16.81% |
| 3 Month Change | 36.68% |
| 1 Year Change | 33.65% |
| 3 Year Change | -17.91% |
| 5 Year Change | 575.19% |
| Change since IPO | 526.06% |
Recent News & Updates
Cloudflare: This High-Growth Investment Carries One Big Risk
Dec 14Cloudflare Shows That It Is '2021' All Over Again
Dec 03Is Cloudflare (NYSE:NET) Using Debt Sensibly?
Nov 26
Recent updates
Cloudflare: This High-Growth Investment Carries One Big Risk
Dec 14Cloudflare Shows That It Is '2021' All Over Again
Dec 03Is Cloudflare (NYSE:NET) Using Debt Sensibly?
Nov 26Cloudflare: Not Good Enough
Nov 12With Cloudflare, Inc. (NYSE:NET) It Looks Like You'll Get What You Pay For
Nov 09Cloudflare's Secure Network Can Be Its Golden Ticket For Growth (Earnings Preview)
Nov 06When Should You Buy Cloudflare, Inc. (NYSE:NET)?
Oct 10Cloudflare Is About To Run (Technical Analysis)
Oct 07Cloudflare's Sales Productivity Growth Is Helping It Win $100K+ ARR Deals Faster
Sep 02Calculating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)
Aug 26Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark
Aug 08Cloudflare Earnings: 83x Operating Profits, Valuation In The Cloud
Aug 02Cloudflare: Pricey But Worth The Cloudy Forecast
Jul 03Health Check: How Prudently Does Cloudflare (NYSE:NET) Use Debt?
Jul 03At US$75.59, Is It Time To Put Cloudflare, Inc. (NYSE:NET) On Your Watch List?
Jun 15Cloudflare: Buy The Dip To Ride For Long-Term Upside (Rating Upgrade)
Jun 01Cloudflare 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 31Is 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 02How Cloudflare Anticipated The AI Revolution Years In Advance
Nov 16Cloudflare: Buy The Dips For This Expensive Stock? Don't Be Fooled
Oct 27Shareholder Returns
| NET | US IT | US Market | |
|---|---|---|---|
| 7D | -0.8% | -1.7% | -2.4% |
| 1Y | 33.6% | 12.6% | 23.3% |
Return vs Industry: NET exceeded the US IT industry which returned 12.6% over the past year.
Return vs Market: NET exceeded the US Market which returned 23.3% over the past year.
Price Volatility
| NET volatility | |
|---|---|
| NET Average Weekly Movement | 6.6% |
| IT Industry Average Movement | 8.5% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NET has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NET's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 4,160 | 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$37.26b |
| Earnings (TTM) | -US$93.82m |
| Revenue (TTM) | US$1.57b |
24.6x
P/S Ratio-412.2x
P/E RatioIs NET overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NET income statement (TTM) | |
|---|---|
| Revenue | US$1.57b |
| Cost of Revenue | US$353.30m |
| Gross Profit | US$1.22b |
| Other Expenses | US$1.31b |
| Earnings | -US$93.82m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.27 |
| Gross Margin | 77.53% |
| Net Profit Margin | -5.97% |
| Debt/Equity Ratio | 132.2% |
How did NET perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:53 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cloudflare, Inc. is covered by 51 analysts. 34 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Ishan Majumdar | Baptista Research |
| Andrew DeGasperi | BNP Paribas Exane |