Currently, there are 307.89M common shares owned by the public and among those 302.45M shares have been available to trade.
The company’s stock has a 5-day price change of 10.75% and 17.42% over the past three months. NET shares are trading 18.41% year to date (YTD), with the 12-month market performance up to 32.25% higher. It has a 12-month low price of $66.24 and touched a high of $177.37 over the same period. NET has an average intraday trading volume of 3.86 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.41%, -6.29%, and 26.80% respectively.
Institutional ownership of Cloudflare Inc (NYSE: NET) shares accounts for 77.39% of the company’s 307.89M shares outstanding.
It has a market capitalization of $44.00B and a beta (3y monthly) value of 1.55. The earnings-per-share (ttm) stands at -$0.23. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.00% over the week and 5.43% over the month.
Earnings per share for the fiscal year are expected to increase by 6.43%, and 27.69% over the next financial year. EPS should grow at an annualized rate of 23.79% over the next five years, compared to 8.13% over the past 5-year period.
Looking at the support for the NET, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on March 25, 2025, with the firm’s price target at $160. Oppenheimer coverage for the Cloudflare Inc (NET) stock in a research note released on March 20, 2025 offered a Outperform rating with a price target of $150. Morgan Stanley was of a view on March 18, 2025 that the stock is Overweight, while DZ Bank gave the stock Sell rating on February 11, 2025, issuing a price target of $145. Oppenheimer on their part issued Perform rating on February 07, 2025.
