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
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 51
4% more funds holding
Funds holding: 638 [Q2] → 663 (+25) [Q3]
6% more repeat investments, than reductions
Existing positions increased: 239 | Existing positions reduced: 226
10.13% less ownership
Funds ownership: 93.86% [Q2] → 83.73% (-10.13%) [Q3]
12% less capital invested
Capital invested by funds: $23.4B [Q2] → $20.6B (-$2.83B) [Q3]
20% less call options, than puts
Call options by funds: $632M | Put options by funds: $786M
29% less funds holding in top 10
Funds holding in top 10: 14 [Q2] → 10 (-4) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Wells Fargo Andrew Nowinski 64% 1-year accuracy 25 / 39 met price target | 20%upside $135 | Overweight Maintained | 7 Jan 2025 |
RBC Capital Matt Hedberg 100% 1-year accuracy 1 / 1 met price target | 9%upside $123 | Outperform Maintained | 3 Jan 2025 |
Goldman Sachs Gabriela Borges 61% 1-year accuracy 17 / 28 met price target | 24%upside $140 | Buy Upgraded | 2 Jan 2025 |
Jefferies Brent Thill 59% 1-year accuracy 32 / 54 met price target | 11%upside $125 | Hold Maintained | 19 Dec 2024 |
Stifel Adam Borg 66% 1-year accuracy 19 / 29 met price target | 21%upside $136 | Buy Upgraded | 17 Dec 2024 |
Financial journalist opinion
Based on 30 articles about NET published over the past 30 days