Cloudflare, Inc. (NET)
- Previous Close
75.14 - Open
74.98 - Bid 75.00 x 800
- Ask 75.20 x 900
- Day's Range
74.61 - 76.25 - 52 Week Range
53.88 - 116.00 - Volume
2,241,443 - Avg. Volume
3,319,109 - Market Cap (intraday)
25.563B - Beta (5Y Monthly) 1.15
- PE Ratio (TTM)
-- - EPS (TTM)
-0.53 - Earnings Date Aug 1, 2024 - Aug 5, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
90.26
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. In addition, the company provides zero trust services, such as cloudflare access, cloudflare gateway, remote browser isolation, cloud access security broker, cloud email security, and data loss prevention products that protects, inspects, and provides privilege rules to grant access to data and application. Further, it provides developer-based solutions consisting of cloudflare workers, R2 object storage, workers KV, durable objects, cloudfare pages, cloudfare stream, and cloudfare images; and consumer products comprising of 1.1.1.1, a DNS resolver, WARP, a virtual private network, and cloudfare registrar that secures registration and management of domain names. The company serves customers in the technology, healthcare, financial services, consumer and retail, industrial, and non-profit industries, as well as government. Cloudflare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
www.cloudflare.com3,704
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: NET
Performance Overview: NET
Trailing total returns as of 5/17/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: NET
Valuation Measures
Market Cap
25.53B
Enterprise Value
25.25B
Trailing P/E
--
Forward P/E
120.48
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
18.21
Price/Book (mrq)
32.03
Enterprise Value/Revenue
18.23
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
-13.10%
Return on Assets (ttm)
-4.41%
Return on Equity (ttm)
-25.02%
Revenue (ttm)
1.39B
Net Income Avi to Common (ttm)
-181.41M
Diluted EPS (ttm)
-0.53
Balance Sheet and Cash Flow
Total Cash (mrq)
1.72B
Total Debt/Equity (mrq)
180.21%
Levered Free Cash Flow (ttm)
280.46M
Research Analysis: NET
Company Insights: NET
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Research Reports: NET
Strong 1Q and increased guidance
Cloudflare provides cloud-based network services that protect internet apps and help them to run faster -- without requiring clients to add hardware, install new software, or change code. Cloudflare's unified control plane across on-premise, cloud, hybrid, and SaaS data infrastructure environments ensures the security, reliability, and performance of its enterprise customers' external data infrastructure (websites, applications, and application program interfaces); internal networks and devices (identity and access); DevOps; and consumer applications. Internet sites powered by Cloudflare have all web traffic routed through its intelligent global network. The company seeks to relieve clients of the cost and complexity of managing their own network hardware. Some 48% of the company's revenue is generated outside of the U.S. Cloudflare was founded in 2010 and went public on September 12, 2019, at $15 per share.
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Cloudflare Earnings: Maintaining Our $87 Valuation as Sales Growth Is Spearheaded by Enterprise Wins
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm’s edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
RatingPrice TargetStrong 4Q growth with AI opportunities on horizon
Cloudflare provides cloud-based network services that protect internet apps and help them to run faster - without requiring clients to add hardware, install new software, or change code. Cloudflare's unified control plane across on-premise, cloud, hybrid, and SaaS data infrastructure environments ensures the security, reliability and performance of its enterprise customers' external data infrastructure (websites, applications, and application program interfaces); internal networks and devices (identity and access); DevOps; and consumer applications. Internet sites powered by Cloudflare have all web traffic routed through its intelligent global network. The company seeks to relieve clients of the cost and complexity of managing their own network hardware. Some 48% of the company's revenue is generated outside of the U.S. Cloudflare was founded in 2010 and went public on September 12, 2019, at $15 per share.
RatingPrice Target