Cloudflare, Inc. with ticker code (NET) have now 29 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $135.00 and $52.00 calculating the average target price we see $101.59. Given that the stocks previous close was at $98.54 this is indicating there is a potential upside of 3.1%. It’s also worth noting that there is a 50 day moving average of $87.25 and the 200 day MA is $70.82. The company has a market cap of 33.74B. The stock price for the company is currently $99.92 USD
The potential market cap would be $34,783,169,752 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.
