At the time of writing, Cloudflare Inc [NET] stock is trading at $112.61, up 0.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NET shares have gain 3.22% over the last week, with a monthly amount glided 8.56%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cloudflare Inc [NYSE: NET] stock has seen the most recent analyst activity on December 17, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $136 from $95. Previously, Morgan Stanley upgraded its rating to Overweight on December 02, 2024. On October 08, 2024, Exane BNP Paribas initiated with a Underperform rating and assigned a price target of $65 on the stock. Wolfe Research started tracking the stock assigning a Peer Perform rating. Scotiabank initiated its recommendation with a Sector Perform and recommended $85 as its price target on July 08, 2024. UBS upgraded its rating to Neutral for this stock on June 25, 2024, and upped its price target to $82. In a note dated May 07, 2024, DZ Bank upgraded an Buy rating on this stock but restated the target price of $95.
For the past year, the stock price of Cloudflare Inc fluctuated between $66.24 and $119.42. Currently, Wall Street analysts expect the stock to reach $92.33 within the next 12 months. Cloudflare Inc [NYSE: NET] shares were valued at $112.61 at the most recent close of the market. An investor can expect a potential drop of -18.01% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.32.
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 111.59 points at the first support level, and at 110.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 113.58, and for the 2nd resistance point, it is at 114.56.
Ratios To Look Out For
It is important to note that Cloudflare Inc [NYSE:NET] has a current ratio of 3.37. Also, the Quick Ratio is 3.37, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 24.58, the price to book ratio is 39.70.
Transactions by insiders
Recent insider trading involved Prince Matthew, CEO & Chair of the Board, that happened on Dec 18 ’24 when 52384.0 shares were sold. CEO & Chair of the Board, Prince Matthew completed a deal on Dec 20 ’24 to sell 52384.0 shares. Meanwhile, CEO & Chair of the Board Prince Matthew sold 52384.0 shares on Dec 19 ’24.
