Cloudflare, Inc. – Consensus ‘hold’ rating and 11.7% Upside Potential

Broker Ratings
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Cloudflare, Inc. with ticker code (NET) have now 23 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The target price High/Low ranges between 90 and 43 and has a mean target at $70.13. Given that the stocks previous close was at $62.79 this is indicating there is a potential upside of 11.7%. The day 50 moving average is $61.99 and the 200 moving average now moves to $59.85. The total market capitalization for the company now stands at 19.85B. The stock price for Apple Inc. is 59.38 USD

The potential market cap would be $22,165,797,132 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.

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