Cloudflare, Inc. (NET)

NYSE: NET · Real-Time Price · USD
142.48
+10.14 (7.66%)
May 12, 2025, 1:39 PM - Market open
7.66%
Market Cap 49.39B
Revenue (ttm) 1.77B
Net Income (ttm) -81.71M
Shares Out 346.61M
EPS (ttm) -0.24
PE Ratio n/a
Forward PE 166.99
Dividend n/a
Ex-Dividend Date n/a
Volume 2,909,300
Open 139.00
Previous Close 132.34
Day's Range 136.32 - 143.28
52-Week Range 66.24 - 177.37
Beta 1.78
Analysts Buy
Price Target 139.28 (-2.25%)
Earnings Date May 8, 2025

About NET

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premises, software-as-a-service applications, and Internet of things (IoT) devices; and website and application security products comprising web application firewall, bot management, distributed denial of service protection, API security, SSL/TLS encryption, script management, secu... [Read more]

Sector Technology
IPO Date Sep 13, 2019
Country United States
Stock Exchange NYSE
Ticker Symbol NET
Full Company Profile

Financial Performance

In 2024, Cloudflare's revenue was $1.67 billion, an increase of 28.76% compared to the previous year's $1.30 billion. Losses were -$78.80 million, -57.16% less than in 2023.

Financial Statements

Analyst Forecast

According to 26 analysts, the average rating for NET stock is "Buy." The 12-month stock price forecast is $139.28, which is a decrease of -2.25% from the latest price.

Price Target
$139.28
(-2.25% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Cloudflare Stock Jumps After Earnings. This Analyst Is Still on the Sidelines.

Jefferies analyst Brent Thill lowered his price target on Cloudflare to $150 from $170.

2 days ago - Barrons

These Analysts Revise Their Forecasts On Cloudflare Following Q1 Results

Cloudflare Inc NET reported mixed first-quarter financial results after the market close on Thursday.

3 days ago - Benzinga

Cloudflare, Inc. (NET) Q1 2025 Earnings Call Transcript

Cloudflare, Inc. (NYSE:NET) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Philip Winslow - Investor Relations Matthew Prince - Co-Founder and Chief Executive Officer Th...

3 days ago - Seeking Alpha

Cloudflare Announces First Quarter 2025 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced financial results for its first quarter ended March 31, 2025. “We kicked off 2025 ...

3 days ago - Business Wire

TekStream Partners with Cloudflare to Bolster Cybersecurity and Digital Resilience Offerings

ATLANTA--(BUSINESS WIRE)--TekStream, a cybersecurity and IT solutions leader, has partnered with Cloudflare to expand its cybersecurity and digital resilience offerings. As a Cloudflare Solution Partn...

6 days ago - Business Wire

Cloudflare Helps Anthropic and Leading Tech Companies to Unlock Real AI Agent Experiences Through Claude

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare offers the first and only simple toolkit to quickly, securely, and remotely connect leading SaaS services to Anthropic's Claude.

11 days ago - Business Wire

Why Cloudflare's 31% Pullback Is A Golden Buying Opportunity In AI And Edge Computing

Cloudflare's stock has dropped 31% since mid-February, creating a potential buying opportunity due to its role in AI and edge computing. Despite short-term macroeconomic headwinds, Cloudflare's scalab...

14 days ago - Seeking Alpha

Rakuten Mobile and Cloudflare Partner to Deliver Managed Security Services Across Japan

TOKYO--(BUSINESS WIRE)--Rakuten Mobile Inc., Japan's newest and most modern mobile network, and Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced a strategic partne...

18 days ago - Business Wire

Cloudflare Launches Workers VPC and VPC Private Link, Unleashing Developers to Build Secure Cross-Cloud Applications

SAN FRANCISCO--(BUSINESS WIRE)--Developers can now build secure global apps on Cloudflare Workers while seamlessly connecting to data in legacy clouds and on-premises networks.

4 weeks ago - Business Wire

Cloudflare Accelerates AI Agent Development With The Industry's First Remote MCP Server

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare's Developer Platform and global network are the best place to build and deploy AI agents.

5 weeks ago - Business Wire

Cloudflare Acquires Outerbase to Expand Capabilities for Database and Agent Developer Experience

SAN FRANCISCO--(BUSINESS WIRE)--Outerbase acquisition will simplify how developers build intelligent, contextual, and reliable AI applications on the Cloudflare Developer Platform.

5 weeks ago - Business Wire

Cloudflare Appoints Three New Board Members

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced three new appointments to its board of directors — Stacey Cunningham, the former P...

6 weeks ago - Business Wire

Top 3 Industrials Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.

Other symbols: UNF
6 weeks ago - Benzinga

Cloudflare's Developer And AI Tools Fuel Long-Term Growth: Goldman Sachs Analyst Says

Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Cloudflare, Inc NET on Wednesday with a price target of $161.

6 weeks ago - Benzinga

Cloudflare Analyst Turns Bullish On AI Momentum, Security Market Gains

BofA Securities analyst Madeline Brooks on Tuesday upgraded Cloudflare, Inc. NET from Underperform to Buy, raising the price forecast from $60 to $160.

6 weeks ago - Benzinga

Cloudflare Stock Jumps as BofA Gives Rare Double Upgrade to 'True AI Winner'

Cloudflare (NET) shares jumped Tuesday after Bank of America analysts gave the stock a double upgrade, citing strong growth potential in artificial intelligence and security.

6 weeks ago - Investopedia

META $14 Ad-Free Plan, CVNA Upgrade Ramp, NET Double Upgrade

Markets moved higher ahead of critical economic data this morning. Carvana (CVNA) was one of the winners thanks to an upgrade from Morgan Stanley.

Other symbols: CVNAMETA
6 weeks ago - Schwab Network

Cloudflare Named a Leader in Web Application Firewall Solutions by Industry Research Firm

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, has been named by Forrester Research, Inc. as a Leader in The Forrester Wave™: Web Application Fir...

7 weeks ago - Business Wire

Canadian Net Real Estate Investment Trust (CNNRF) Q4 2024 Earnings Call Transcript

Canadian Net Real Estate Investment Trust (OTC:CNNRF) Q4 2024 Results Conference Call March 19, 2025 9:00 AM ET Company Participants Kevin Henley - President, Chief Executive Officer & Secretary Ben G...

7 weeks ago - Seeking Alpha

Cloudflare Introduces Cloudflare for AI, a Comprehensive Suite of Tools to Safeguard AI for Businesses at Scale

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today unveiled Cloudflare for AI, a suite of tools to provide comprehensive visibility, security a...

7 weeks ago - Business Wire

Cloudflare Expands Threat Intelligence Offering with New Comprehensive, Real-Time Events Platform

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today launched the Cloudforce One threat events platform to provide real-time intelligence on cybe...

7 weeks ago - Business Wire

Cloudflare Introduces Security Posture Management to Help Businesses Manage Threats To All Their Data, Apps and Clouds–In a Single View

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced the general availability of Cloudflare's integrated Security Posture Management to...

7 weeks ago - Business Wire

Cloudflare Expands Guards to Ward Off Attacks From Quantum Computers

Cloudflare brings post-quantum cryptography to its Zero Trust Network Access solution.

2 months ago - Barrons

Cloudflare Advances Industry's First Cloud-Native Quantum-Safe Zero Trust Solution

SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it is expanding end-to-end support for post-quantum cryptography to its Zero ...

2 months ago - Business Wire

Cloudflare Drives Analyst Optimism With 'Speedboat' AI Initiatives, Sales Productivity Gains

On Thursday, Goldman Sachs analyst Gabriela Borges maintained a Buy rating on Cloudflare Inc NET and lowered the price target to $161 from $183.

2 months ago - Benzinga