Cloudflare, Inc. which can be found using ticker (NET) have now 27 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $110.00 and $45.00 calculating the mean target price we have $71.93. Now with the previous closing price of $80.97 this now indicates there is a potential downside of -11.2%. It’s also worth noting that there is a 50 day moving average of $75.30 and the 200 day MA is $65.03. The company has a market capitalization of 27.14B. The current share price for the company is: $80.82 USD
The potential market cap would be $24,107,337,841 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 $3.65 and a -4.66% 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.
