3-Jan-2025
Top-rated smaller tech stocks after sector's banner 2024
Seeking Alpha News (Fri, 3-Jan 2:32 PM ET)
Cloudflare climbs following double upgrade by Goldman Sachs
Seeking Alpha News (Thu, 2-Jan 2:24 PM ET)
Cloudflare's AI Innovations And Sales Strategy Drive Goldman Sachs Upgrade
Benzinga (Thu, 2-Jan 1:30 PM ET)
Goldman Sachs Analyst Doubles Down on Cloudflare (NYSE:NET)
TipRanks (Thu, 2-Jan 10:55 AM ET)
This Cloudflare Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday
Benzinga (Thu, 2-Jan 8:08 AM ET)
Positive Report for Cloudflare (NET) from Goldman Sachs
TipRanks (Thu, 2-Jan 2:25 AM ET)
Bullish On NET? You Might Want To Consider This Credit Put Spread Expiring in 14 Days
Market Chameleon (Fri, 20-Dec 5:20 AM ET)
Cloudflare Announces Date of Investor Day 2025
Business Wire (Thu, 19-Dec 4:15 PM ET)
Cloudflare Publishes Fourth Annual Impact Report
Business Wire (Thu, 19-Dec 9:00 AM ET)
Cloudflare Publishes Top Internet Trends for 2024
Business Wire (Mon, 9-Dec 10:00 AM ET)
Cloudflare 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.
Cloudflare Class A trades on the NYSE stock market under the symbol NET.
As of January 3, 2025, NET stock price climbed to $114.73 with 2,821,675 million shares trading.
NET has a beta of 1.88, meaning it tends to be more sensitive to market movements. NET has a correlation of 0.22 to the broad based SPY ETF.
NET has a market cap of $39.20 billion. This is considered a Large Cap stock.
Last quarter Cloudflare Class A reported $430 million in Revenue and $.20 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.02.
In the last 3 years, NET traded as high as $132.45 and as low as $37.37.
The top ETF exchange traded funds that NET belongs to (by Net Assets): VTI, VO, VXF, VUG, CIBR.
NET has outperformed the market in the last year with a price return of +50.2% while the SPY ETF gained +27.8%. NET has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +44.4% and +1.8%, respectively, while the SPY returned +4.6% and +0.1%, respectively.
NET support price is $109.37 and resistance is $115.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NET shares will trade within this expected range on the day.