At the time of writing, Cloudflare Inc [NET] stock is trading at $112.96, up 2.26%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NET shares have gain 13.15% over the last week, with a monthly amount glided 22.11%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Cloudflare Inc [NYSE: NET] stock has seen the most recent analyst activity on December 02, 2024, when Morgan Stanley upgraded its rating to a Overweight. Previously, Exane BNP Paribas started tracking the stock with Underperform rating on October 08, 2024, and set its price target to $65. On July 16, 2024, Wolfe Research initiated with a Peer Perform rating. Scotiabank started tracking the stock assigning a Sector Perform rating and suggested a price target of $85 on July 08, 2024. UBS upgraded its rating to a Neutral and raised its price target to $82 on June 25, 2024. DZ Bank upgraded its rating to Buy for this stock on May 07, 2024, but kept the price target unchanged to $95. In a note dated February 13, 2024, DZ Bank downgraded an Hold rating on this stock but restated the target price of $110.
For the past year, the stock price of Cloudflare Inc fluctuated between $66.24 and $116.00. Currently, Wall Street analysts expect the stock to reach $90.2 within the next 12 months. Cloudflare Inc [NYSE: NET] shares were valued at $112.96 at the most recent close of the market. An investor can expect a potential drop of -20.15% based on the average NET price forecast.
Analyzing the NET fundamentals
According to Cloudflare Inc [NYSE:NET], the company’s sales were 1.57B for trailing twelve months, which represents an 28.15% jump. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is -0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 110.97 points at the first support level, and at 108.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 114.32, and for the 2nd resistance point, it is at 115.69.
Ratios To Look Out For
It is important to note that Cloudflare Inc [NYSE:NET] has a current ratio of 3.37. In addition, the Quick Ratio stands at 3.37 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 25.22, the price to book ratio is 39.82.
Transactions by insiders
Recent insider trading involved SEIFERT THOMAS J, Chief Financial Officer, that happened on Dec 04 ’24 when 15000.0 shares were sold. Officer, THOMAS J SEIFERT completed a deal on Dec 04 ’24 to buy 15000.0 shares. Meanwhile, Chief Legal Officer Kramer Douglas James sold 3000.0 shares on Dec 02 ’24.
