A share price of Cloudflare Inc [NET] is currently trading at $138.40, up 0.83%. An important factor to consider is whether the stock is rising or falling in short-term value. The NET shares have gain 10.61% over the last week, with a monthly amount glided 26.94%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cloudflare Inc [NYSE: NET] stock has seen the most recent analyst activity on January 17, 2025, when Citigroup upgraded its rating to a Buy and also boosted its price target to $145 from $95. Previously, Cantor Fitzgerald started tracking the stock with Neutral rating on January 17, 2025, and set its price target to $111. On January 03, 2025, RBC Capital Mkts reiterated its Outperform rating and revised its price target to $123 on the stock. Goldman upgraded its rating to a Buy and increased its price target to $140 on January 02, 2025. Stifel upgraded its rating to a Buy and raised its price target to $136 on December 17, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on December 02, 2024. In a note dated October 08, 2024, Exane BNP Paribas initiated an Underperform rating and provided a target price of $65 on this stock.
Cloudflare Inc experienced fluctuations in its stock price throughout the past year between $66.24 and $140.25. Currently, Wall Street analysts expect the stock to reach $122.33 within the next 12 months. Cloudflare Inc [NYSE: NET] shares were valued at $138.40 at the most recent close of the market. An investor can expect a potential drop of -11.61% based on the average NET price forecast.
Analyzing the NET fundamentals
Trailing Twelve Months sales for Cloudflare Inc [NYSE:NET] were 1.57B which represents 28.15% growth. 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 1.49.
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 136.88 points at the first support level, and at 135.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 141.16, and for the 2nd resistance point, it is at 143.93.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cloudflare Inc [NYSE:NET] is 3.37. On the other hand, the Quick Ratio is 3.37, and the Cash Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 30.21, the price to book ratio is 48.79.
Transactions by insiders
Recent insider trading involved Zatlyn Michelle, President and COO, that happened on Jan 24 ’25 when 25640.0 shares were sold. President and COO, Zatlyn Michelle completed a deal on Jan 23 ’25 to sell 25640.0 shares. Meanwhile, President and COO Zatlyn Michelle sold 25640.0 shares on Jan 22 ’25.
