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Cloudflare NYSE:NET Stock Report

Last Price

US$104.24

Market Cap

US$33.1b

7D

13.4%

1Y

41.5%

Updated

21 Nov, 2024

Data

Company Financials +

NET Stock Overview

Operates as a cloud services provider that delivers a range of services to businesses worldwide. More details

NET fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
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$104.24
52 Week HighUS$116.00
52 Week LowUS$66.24
Beta1.1
11 Month Change17.84%
3 Month Change26.52%
1 Year Change41.48%
33 Year Change-47.19%
5 Year Change431.57%
Change since IPO479.11%

Recent News & Updates

Cloudflare: Not Good Enough

Nov 12

Recent updates

Cloudflare: Not Good Enough

Nov 12

With Cloudflare, Inc. (NYSE:NET) It Looks Like You'll Get What You Pay For

Nov 09
With Cloudflare, Inc. (NYSE:NET) It Looks Like You'll Get What You Pay For

Cloudflare's Secure Network Can Be Its Golden Ticket For Growth (Earnings Preview)

Nov 06

When Should You Buy Cloudflare, Inc. (NYSE:NET)?

Oct 10
When Should You Buy Cloudflare, Inc. (NYSE:NET)?

Cloudflare Is About To Run (Technical Analysis)

Oct 07

Cloudflare's Sales Productivity Growth Is Helping It Win $100K+ ARR Deals Faster

Sep 02

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

Aug 26
Calculating The Intrinsic Value Of Cloudflare, Inc. (NYSE:NET)

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

Aug 08
Cloudflare, Inc.'s (NYSE:NET) P/S Is On The Mark

Cloudflare Earnings: 83x Operating Profits, Valuation In The Cloud

Aug 02

Cloudflare: Pricey But Worth The Cloudy Forecast

Jul 03

Health Check: How Prudently Does Cloudflare (NYSE:NET) Use Debt?

Jul 03
Health Check: How Prudently Does Cloudflare (NYSE:NET) Use Debt?

At US$75.59, Is It Time To Put Cloudflare, Inc. (NYSE:NET) On Your Watch List?

Jun 15
At US$75.59, Is It Time To Put Cloudflare, Inc. (NYSE:NET) On Your Watch List?

Cloudflare: Buy The Dip To Ride For Long-Term Upside (Rating Upgrade)

Jun 01

Cloudflare Is Not An AI Winner

May 01

Cloudflare: Too Much Optimism

Apr 19

Cloudflare: Navigating High Valuations With Growth Potential

Apr 03

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

Mar 31
Is Cloudflare (NYSE:NET) Weighed On By Its Debt Load?

Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?

Mar 13
Is There Now An Opportunity In Cloudflare, Inc. (NYSE:NET)?

Cloudflare: 2021 All Over Again?

Mar 03

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

Shareholder Returns

NETUS ITUS Market
7D13.4%-3.4%-1.0%
1Y41.5%15.1%30.3%

Return vs Industry: NET exceeded the US IT industry which returned 15.1% over the past year.

Return vs Market: NET exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is NET's price volatile compared to industry and market?
NET volatility
NET Average Weekly Movement5.8%
IT Industry Average Movement7.5%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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 (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20094,160Matthew Princewww.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

How do Cloudflare's earnings and revenue compare to its market cap?
NET fundamental statistics
Market capUS$33.11b
Earnings (TTM)-US$93.82m
Revenue (TTM)US$1.57b

22.8x

P/S Ratio

-381.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NET income statement (TTM)
RevenueUS$1.57b
Cost of RevenueUS$353.30m
Gross ProfitUS$1.22b
Other ExpensesUS$1.31b
Earnings-US$93.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.27
Gross Margin77.53%
Net Profit Margin-5.97%
Debt/Equity Ratio132.2%

How did NET perform over the long term?

See historical performance and comparison