Cloudflare which can be found using ticker (NET) have now 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 90 and 43 with the average target price sitting at $71.13. Given that the stocks previous close was at $65.03 this indicates there is a potential upside of 9.4%. There is a 50 day moving average of $64.88 and the 200 day MA is $57.28. The company has a market cap of 21.39B. The current share price for the company is: 63.99 USD
The potential market cap would be $23,392,733,701 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of -, revenue per share of 3.42 and a -4.9% return on assets.
Cloudflare is a global cloud services provider that delivers a range of services to businesses of all sizes and in all geographies. The Company’s network serves as a scalable, unified control plane to deliver security, performance, and reliability across on-premise, hybrid, cloud, and software-as-a-service (SaaS) applications. Its integrated suite of products consists of solutions for an organization’s external-facing infrastructure, such as Websites, applications, and application programming interfaces (APIs) to deliver security, performance, and reliability; solutions to serve an organization’s internal resources, such as Internal networks and devices; developer-based solutions, and consumer offerings. Its security products include Web Application Firewall, Bot Management, Distributed Denial of Service (DDoS), API Gateway, SSL/TLS Encryption, and Secure Origin Connection. Its performance products include Content Delivery, Intelligent Routing, Content Optimization, and Others.
