Cloudflare, Inc. – Consensus ‘hold’ rating and 2.1% Upside Potential

Broker Ratings
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Cloudflare, Inc. with ticker code (NET) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $135.00 and $52.00 and has a mean target at $101.59. Given that the stocks previous close was at $99.47 and the analysts are correct then there would likely be a percentage uptick in value of 2.1%. It’s also worth noting that there is a 50 day moving average of $85.64 and the 200 day moving average is $69.59. The company has a market capitalization of 33.24B. The stock price for Apple Inc. is $98.45 USD

The potential market cap would be $33,951,024,364 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 $3.89 and a -4.34% 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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