14 analysts have shared their evaluations of Cloudflare ( NET ) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 3 | 5 | 6 | 0 | 0 |
Last 30D | 0 | 1 | 1 | 0 | 0 |
1M Ago | 2 | 2 | 0 | 0 | 0 |
2M Ago | 1 | 1 | 2 | 0 | 0 |
3M Ago | 0 | 1 | 3 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Cloudflare ( NET ), presenting an average target of $120.93, a high estimate of $145.00, and a low estimate of $87.00. Marking an increase of 25.59%, the current average surpasses the previous average price target of $96.29.
The standing of Cloudflare ( NET ) among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Scotiabank | Raises | Sector Perform | |||
Morgan Stanley | Raises | Overweight | |||
Citigroup | Raises | Buy | |||
Wells Fargo | Raises | Overweight | |||
Raises | Outperform | ||||
Goldman Sachs | Raises | Buy | |||
Jefferies | Raises | Hold | |||
Stifel | Raises | Buy | |||
Mizuho | Raises | Neutral | |||
Morgan Stanley | Raises | Overweight | |||
UBS | Raises | Neutral | |||
Wells Fargo | Raises | Overweight | |||
Scotiabank | Raises | Sector Perform | |||
Piper Sandler | Raises | Neutral |
Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cloudflare ( NET ). This information provides a snapshot of how analysts perceive the current state of the company.
Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cloudflare ( NET ) compared to the broader market.
Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Cloudflare's ( NET ) stock. This comparison reveals trends in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Cloudflare's ( NET ) market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Cloudflare ( NET ) analyst ratings.
Cloudflare ( NET ) is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Positive Revenue Trend: Examining Cloudflare's ( NET ) financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.15% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Cloudflare's ( NET ) net margin excels beyond industry benchmarks, reaching -3.56%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of -1.65%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Cloudflare's ( NET ) ROA stands out, surpassing industry averages. With an impressive ROA of -0.51%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 1.49, Cloudflare ( NET ) adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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