Cloudflare
About: Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Employees: 4,160
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 9 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 60
4% more funds holding
Funds holding: 637 [Q2] → 662 (+25) [Q3]
5% more repeat investments, than reductions
Existing positions increased: 238 | Existing positions reduced: 226
10.06% less ownership
Funds ownership: 93.69% [Q2] → 83.63% (-10.06%) [Q3]
12% less capital invested
Capital invested by funds: $23.4B [Q2] → $20.6B (-$2.81B) [Q3]
20% less call options, than puts
Call options by funds: $628M | Put options by funds: $784M
29% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 10 (-4) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
42%
downside
Avg. target
$107
5%
downside
High target
$136
21%
upside
9 analyst ratings
3 positive
33%
5 neutral
56%
1 negative
11%
Jefferies Brent Thill 65% 1-year accuracy 36 / 55 met price target | 11%upside $125 | Hold Maintained | 19 Dec 2024 |
Stifel Adam Borg 64% 1-year accuracy 18 / 28 met price target | 21%upside $136 | Buy Upgraded | 17 Dec 2024 |
Mizuho Gregg Moskowitz 55% 1-year accuracy 28 / 51 met price target | 11%upside $125 | Neutral Maintained | 13 Dec 2024 |
Morgan Stanley Keith Weiss 79% 1-year accuracy 19 / 24 met price target | 15%upside $130 | Overweight Upgraded | 2 Dec 2024 |
UBS Roger Boyd 63% 1-year accuracy 10 / 16 met price target | 16%downside $95 | Neutral Maintained | 8 Nov 2024 |
Financial journalist opinion
Based on 18 articles about NET published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Cloudflare (NET) Increases Yet Falls Behind Market: What Investors Need to Know
In the most recent trading session, Cloudflare (NET) closed at $112.58, indicating a +0.9% shift from the previous trading day.
Neutral
Schaeffers Research
1 day ago
8 Trading Lessons to Take From Our 2024 Stock Picks
Subscribers to Chart of the Week received this commentary on Sunday, December 8.
Negative
Zacks Investment Research
2 days ago
Cloudflare (NET) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Cloudflare (NET) stood at $111.58, denoting a -0.99% change from the preceding trading day.
Neutral
Business Wire
6 days ago
Cloudflare Announces Date of Investor Day 2025
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will host an Investor Day on Wednesday, March 12, 2025. The event is expected to start at 1:00 p.m. Eastern time (10:00 a.m. Pacific time) and conclude at approximately 3:30 p.m. Eastern time (12:30 p.m. Pacific time). This event will be held at the New York Stock Exchange in New York, NY. A live webcast will also be accessible from the Cloudflare investor relations webs.
Neutral
Business Wire
6 days ago
Cloudflare Publishes Fourth Annual Impact Report
SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today published its fourth annual Impact Report.
Positive
Zacks Investment Research
1 week ago
Cloudflare, Inc. (NET) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Cloudflare (NET). This makes it worthwhile to examine what the stock has in store.
Positive
The Motley Fool
1 week ago
1 Stock With Monster Upside to Buy as the AI Trade Enters Its Next Phase in 2025, According to Wall Street Analysts
Jim Tierney at AllianceBernstein recently told Yahoo Finance that chipmakers like Nvidia were the first phase of the artificial intelligence (AI) trade. He believes the next phase will focus on cloud computing and software companies that use AI chips to provide services to their customers.
Negative
Seeking Alpha
1 week ago
Cloudflare: This High-Growth Investment Carries One Big Risk
Forecasting 25% annual revenue growth, Cloudflare is expected to reach $5.07 billion in revenue by 2029, with a 25% EBITDA margin, aligning with mature peers in cloud security. An estimated $101.4 billion enterprise value by 2029 implies a 21.1% CAGR, but rich multiples, volatility, and execution risks necessitate caution, especially for conservative investors. With a robust market position and capable management, Cloudflare is a Moderate Buy, better suited for a growth-focused portfolio due to valuation-driven volatility risks.
Neutral
Zacks Investment Research
2 weeks ago
Cloudflare Stock Rises 53% in 6 Months: What Should Investors Do?
Though NET's strong market position and growing customer base are encouraging, high valuation and slowing growth rates warrant caution.
Positive
Yahoo Finance
2 weeks ago
Cloudflare chief tech officer: I'm pretty bullish on AI
While AI demand continues to strengthen across industries — worrying Wall Street over whether chipmakers and operators can meet this demand — Cloudflare (NET) Chief Technology Officer John Graham-Cumming finds that "what we're seeing is the real growth of actual AI applications." Graham-Cumming sits down with Seana Smith and Madison Mills on Yahoo Finance's Catalysts for a conversation about the broader AI landscape, including the heightened demand for Nvidia's (NVDA) landmark chips going into 2025.
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