Following The Money: Institution’s Growing Stake In Cloudflare Inc (NYSE: NET)

Cloudflare Inc (NET) concluded trading on Wednesday at a closing price of $112.56, with 7.16 million shares of worth about $805.64 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 39.84% during that period and on April 09, 2025 the price saw a gain of about 15.51%. Currently the company’s common shares owned by public are about 307.89M shares, out of which, 301.95M shares are available for trading.

Stock saw a price change of -5.85% in past 5 days and over the past one month there was a price change of -6.25%. Year-to-date (YTD), NET shares are showing a performance of 4.53% which increased to 18.07% 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 4.19 million. The stock is currently trading -1.37% below its 20-day simple moving average (SMA20), while that difference is down -15.89% for SMA50 and it goes to 9.80% higher than SMA200.

Cloudflare Inc (NYSE: NET) currently have 307.89M outstanding shares and institutions hold larger chunk of about 77.75% of that.

The stock has a current market capitalization of $38.84B and its 3Y-monthly beta is at 1.76. 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 12.32% while standing at 6.53% over the month.

Analysts are in expectations that Cloudflare Inc (NET) stock would likely to be making an EPS of 0.16 in the current quarter, while forecast for next quarter EPS is 0.19 and it is 1.04 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.16 which is 0.17 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 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.

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