Cloudflare Inc (NYSE: NET) Not A Good Play Anymore?

Cloudflare Inc (NET) concluded trading on Wednesday at a closing price of $119.55, with 4.18 million shares of worth about $499.53 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 47.79% during that period and on April 03, 2025 the price saw a gain of about 3.36%. Currently the company’s common shares owned by public are about 307.89M shares, out of which, 302.45M shares are available for trading.

Stock saw a price change of -1.32% in past 5 days and over the past one month there was a price change of -15.17%. Year-to-date (YTD), NET shares are showing a performance of 11.02% which increased to 24.97% 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 $177.37 during that period. The average intraday trading volume for Cloudflare Inc shares is 4.00 million. The stock is currently trading 0.31% above its 20-day simple moving average (SMA20), while that difference is down -12.31% for SMA50 and it goes to 17.33% higher than SMA200.

Cloudflare Inc (NYSE: NET) currently have 307.89M outstanding shares and institutions hold larger chunk of about 77.40% of that.

The stock has a current market capitalization of $41.25B and its 3Y-monthly beta is at 1.79. It has posted earnings per share of -$0.23 in the same period. It has Quick Ratio of 2.86 while making debt-to-equity ratio of 1.40. 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 5.34% while standing at 5.38% over the month.

Stock’s fiscal year EPS is expected to rise by 6.43% while it is estimated to increase by 27.71% in next year. EPS is likely to grow at an annualized rate of 23.79% for next 5-years, compared to annual growth of 8.13% made by the stock over the past 5-years.

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 BofA Securities on March 25, 2025 offering a Buy rating for the stock and assigned a target price of $160 to it. Coverage by Oppenheimer stated Cloudflare Inc (NET) stock as an Outperform in their note to investors on March 20, 2025, suggesting a price target of $150 for the stock. On March 18, 2025, Morgan Stanley Resumed their recommendations, while on February 11, 2025, DZ Bank Downgrade their ratings for the stock with a price target of $145. Stock get a Perform rating from Oppenheimer on February 07, 2025.

Most Popular

Related Posts