Cloudflare Inc (NET) concluded trading on Thursday at a closing price of $141.52, with 6.38 million shares of worth about $902.71 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 85.62% during that period and on February 06, 2025 the price saw a loss of about -1.92%. Currently the company’s common shares owned by public are about 305.39M shares, out of which, 300.36M shares are available for trading.
Stock saw a price change of 3.10% in past 5 days and over the past one month there was a price change of 24.15%. Year-to-date (YTD), NET shares are showing a performance of 31.43% which increased to 75.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $66.24 but also hit the highest price of $144.30 during that period. The average intraday trading volume for Cloudflare Inc shares is 3.14 million. The stock is currently trading 11.84% above its 20-day simple moving average (SMA20), while that difference is up 21.29% for SMA50 and it goes to 56.60% higher than SMA200.
Cloudflare Inc (NYSE: NET) currently have 305.39M outstanding shares and institutions hold larger chunk of about 75.47% of that.
The stock has a current market capitalization of $48.57B and its 3Y-monthly beta is at 1.28. It has posted earnings per share of -$0.28 in the same period. It has Quick Ratio of 3.37 while making debt-to-equity ratio of 1.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NET, volatility over the week remained 3.71% while standing at 3.66% over the month.
Analysts are in expectations that Cloudflare Inc (NET) stock would likely to be making an EPS of 0.18 in the current quarter, while forecast for next quarter EPS is 0.2 and it is 1.08 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.16 which is 0.2 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.16 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 11.30% while it is estimated to increase by 27.05% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Robert W. Baird on February 03, 2025 offering a Neutral rating for the stock and assigned a target price range of between $125 and $140 to it. Coverage by Citigroup stated Cloudflare Inc (NET) stock as a Buy in their note to investors on January 17, 2025, suggesting a price target of $145 for the stock. On January 17, 2025, Cantor Fitzgerald Initiated their recommendations, while on January 03, 2025, RBC Capital Mkts Reiterated their ratings for the stock with a price target of $123. Stock get a Buy rating from Goldman on January 02, 2025.
