Cloudflare, Inc. with ticker code (NET) now have 27 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $135.00 and $57.00 calculating the average target price we see $92.62. Now with the previous closing price of $78.40 this indicates there is a potential upside of 18.1%. It’s also worth noting that there is a 50 day moving average of $80.37 and the 200 day moving average is $83.47. The company has a market cap of 25.99B. The price for the stock stands currently at: $76.05 USD
The potential market cap would be $30,699,885,384 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 $4.38 and a -3.59% 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.
