Shares of Technology sector company Cloudflare moved 1.5% today, and are now trading at a price of $65.04. The large-cap stock's daily volume was 4,723,047 compared to its average volume of 4,977,801. The S&P 500 index returned a -0.0% performance.
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company is based in San Francisco and has 3,394 full time employees. Its market capitalization is $21,587,556,352.
23 analysts are following Cloudflare and have set target prices ranging from $38.0 to $82.0 per share. On average, they have given the company a rating of buy. At today's prices, NET is trading 1.98% away from its average analyst target price of $63.78 per share.
Over the last year, NET's share price has increased by 11.0%, which represents a difference of 1.0% when compared to the S&P 500. The stock's 52 week high is $80.99 per share whereas its 52 week low is $37.37. With average free cash flows of $117.11 Million that have been growing at an average rate of 179.6% over the last 4 years, Cloudflare is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 123,595 | -143,606 | 267,201 | 69.51 |
| 2022-03-01 | 64,648 | -92,986 | 157,634 | 301.66 |
| 2021-02-25 | -17,129 | -56,375 | 39,246 | 797.67 |
| 2020-02-10 | -38,917 | -43,289 | 4,372 | n/a |
