Shares of Cloudflare have moved -0.7% today, and are now trading at a price of $84.92. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 1,208,606 compared to the stock's average volume of 3,884,314.
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. Based in San Francisco, United States the company has 3,529 full time employees and a market cap of $28,513,757,184.
The company is now trading 25.1% away from its average analyst target price of $67.88 per share. The 26 analysts following the stock have set target prices ranging from $45.0 to $92.0, and on average give Cloudflare a rating of buy.
Over the last 52 weeks, NET stock has risen 83.9%, which amounts to a 60.9% difference compared to the S&P 500. The stock's 52 week high is $86.91 whereas its 52 week low is $37.56 per share. With its net margins declining an average -13.1% over the last 4 years, Cloudflare may not have a strong enough profitability trend to support its stock price.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 1,208,972 | -202,001 | -17 | 15.0 |
| 2022 | 975,241 | -193,381 | -20 | 50.0 |
| 2021 | 656,426 | -260,309 | -40 | -42.86 |
| 2020 | 431,059 | -119,370 | -28 | 24.32 |
| 2019 | 287,022 | -105,828 | -37 | -362.5 |
| 2017 | 134,915 | -10,748 | -8 |
