Cloudflare, Inc. with ticker code (NET) now have 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 82 and 38 with the average target price sitting at $63.78. Given that the stocks previous close was at $65.04 this would indicate that there is a downside of -1.9%. Also worth taking note is the 50 day moving average now sits at $66.16 while the 200 day moving average is $56.09. The company has a market capitalization of 23.07B. The stock price for the company is currently is currently 69.52 USD
The potential market cap would be $22,627,505,458 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, Inc. 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.
