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NET

Cloudflare NYSE:NET Stock Report

Last Price

US$55.88

Market Cap

US$18.7b

7D

-4.8%

1Y

-0.8%

Updated

30 Oct, 2023

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 Growth2/6
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$55.88
52 Week HighUS$76.07
52 Week LowUS$37.37
Beta0.95
1 Month Change-11.36%
3 Month Change-18.58%
1 Year Change-0.78%
3 Year Change7.36%
5 Year Changen/a
Change since IPO210.44%

Recent News & Updates

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?

Recent updates

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

Why did Cloudflare shares rise 13% on Monday? A new upbeat view from Wall Street

Oct 17

Is It Too Late To Consider Buying Cloudflare, Inc. (NYSE:NET)?

Oct 12
Is It Too Late To Consider Buying Cloudflare, Inc. (NYSE:NET)?

Cloudflare: On The Right Trajectory

Oct 04

Cloudflare: Every Cloud Has A Silver Lining

Sep 24

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

Sep 20
Estimating The Fair Value Of Cloudflare, Inc. (NYSE:NET)

Cloudflare blocks hate forum Kiwi Farms as targeted threats escalate

Sep 05

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

Aug 30
Health Check: How Prudently Does Cloudflare (NYSE:NET) Use Debt?

Shareholder Returns

NETUS ITUS Market
7D-4.8%-1.3%-1.2%
1Y-0.8%3.1%5.9%

Return vs Industry: NET underperformed the US IT industry which returned 1.9% over the past year.

Return vs Market: NET underperformed the US Market which returned 4.1% over the past year.

Price Volatility

Is NET's price volatile compared to industry and market?
NET volatility
NET Average Weekly Movement7.3%
IT Industry Average Movement7.7%
Market Average Movement5.6%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.7%

Stable Share Price: NET is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: NET's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20093,389Matthew 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$18.68b
Earnings (TTM)-US$221.01m
Revenue (TTM)US$1.13b

16.6x

P/S Ratio

-84.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NET income statement (TTM)
RevenueUS$1.13b
Cost of RevenueUS$275.41m
Gross ProfitUS$851.82m
Other ExpensesUS$1.07b
Earnings-US$221.01m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Nov 02, 2023

Earnings per share (EPS)-0.66
Gross Margin75.57%
Net Profit Margin-19.61%
Debt/Equity Ratio205.1%

How did NET perform over the long term?

See historical performance and comparison