In the latest quarter, 26 analysts provided ratings for Cloudflare ( NET ) , showcasing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 8 | 7 | 10 | 0 | 1 |
Last 30D | 0 | 0 | 2 | 0 | 0 |
1M Ago | 6 | 4 | 6 | 0 | 1 |
2M Ago | 2 | 2 | 2 | 0 | 0 |
3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have recently evaluated Cloudflare ( NET ) and provided 12-month price targets. The average target is $145.08, accompanied by a high estimate of $185.00 and a low estimate of $68.00. Surpassing the previous average price target of $111.38, the current average has increased by 30.26%.
The analysis of recent analyst actions sheds light on the perception of Cloudflare ( NET ) by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Mizuho | Raises | Neutral | |||
Susquehanna | Raises | Neutral | |||
JP Morgan | Raises | Neutral | |||
Raises | Outperform | ||||
Cantor Fitzgerald | Raises | Neutral | |||
Goldman Sachs | Raises | Buy | |||
Raises | Market Outperform | ||||
Guggenheim | Raises | Sell | |||
Stifel | Raises | Buy | |||
UBS | Raises | Neutral | |||
Piper Sandler | Raises | Neutral | |||
Needham | Raises | Buy | |||
Needham | Raises | Buy | |||
Baird | Raises | Neutral | |||
Raises | Buy | ||||
Wells Fargo | Raises | Overweight | |||
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 |
Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cloudflare ( NET ). This information provides a snapshot of how analysts perceive the current state of the company.
Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Cloudflare ( NET ) compared to the broader market.
Price Targets: Delving into movements, analysts provide estimates for the future value of Cloudflare's ( NET ) stock. This analysis reveals shifts in analysts' expectations over time.
For valuable insights into Cloudflare's ( NET ) market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using 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 is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
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. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Cloudflare's ( NET ) financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of -3.56%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Cloudflare's ( NET ) financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -1.65%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Cloudflare's ( NET ) ROA excels beyond industry benchmarks, reaching -0.51%. This signifies efficient management of assets and strong financial health.
Debt Management: Cloudflare's ( NET ) debt-to-equity ratio is below the industry average at 1.49, reflecting a lower dependency on debt financing and a more conservative financial approach.
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 will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.