Cloudflare, Inc. – Consensus ‘hold’ rating and 6.3% Upside Potential

Broker Ratings
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Cloudflare, Inc. which can be found using ticker (NET) now have 23 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $90.00 and $43.00 and has a mean target at $70.13. Given that the stocks previous close was at $66.00 this would imply there is now a potential upside of 6.3%. It’s also worth noting that there is a 50 day moving average of $61.38 and the 200 moving average now moves to $60.86. The market cap for the company is 21.68B. The stock price for the company is currently is currently $64.58 USD

The potential market cap would be $23,041,058,931 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.

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