Growth Story Still Intact For Cloudflare Inc (NET)

Cloudflare Inc (NET) concluded trading on Wednesday at a closing price of $109.55, with 4.08 million shares of worth about $447.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.85% during that period and on April 16, 2025 the price saw a gain of about 0.38%. 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 -2.67% in past 5 days and over the past one month there was a price change of -4.84%. Year-to-date (YTD), NET shares are showing a performance of 1.74% which increased to 21.26% 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 4.29 million. The stock is currently trading -2.25% below its 20-day simple moving average (SMA20), while that difference is down -16.24% for SMA50 and it goes to 6.17% higher than SMA200.

Cloudflare Inc (NYSE: NET) currently have 307.89M outstanding shares and institutions hold larger chunk of about 77.68% of that.

The stock has a current market capitalization of $37.80B 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 5.15% while standing at 6.67% over the month.

Stock’s fiscal year EPS is expected to rise by 6.19% while it is estimated to increase by 27.68% in next year. EPS is likely to grow at an annualized rate of 23.50% 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 Mizuho on April 16, 2025 offering an Outperform rating for the stock and assigned a target price of $135 to it. Coverage by BofA Securities stated Cloudflare Inc (NET) stock as a Buy in their note to investors on March 25, 2025, suggesting a price target of $160 for the stock. Stock get a Sell rating from DZ Bank on February 11, 2025.

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