Cloudflare, Inc. which can be found using ticker (NET) now have 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $85.00 and $45.00 suggesting an average Analsyt target price of $65.54. Given that the stocks previous close was at $72.81 this now indicates there is a potential downside of -10.0%. It’s also worth noting that there is a 50 day moving average of $62.21 and the 200 day moving average is $61.53. The total market capitalization for the company now stands at 24.80B. The current share price for the company is: $73.85 USD
The potential market cap would be $22,320,832,150 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.
