Cloudflare Inc [NYSE: NET] plunged by -$0.67 during the normal trading session on while it closed the day at $119.40.
Cloudflare Inc stock has also loss -16.94% of its value over the past 7 days. However, NET stock has inclined by 5.70% in the 3 months of the year. Over the past six months meanwhile, it has gained 56.61% and gained 10.88% year-on date.
The market cap for NET stock reached $41.20 billion, with 307.89 million shares outstanding and 302.40 million shares in the current float. Compared to the average trading volume of 3.71M shares, NET reached a trading volume of 6763116 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Cloudflare Inc [NET]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NET shares is $150.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NET stock is a recommendation set at 2.47. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
DZ Bank have made an estimate for Cloudflare Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on February 11, 2025. The new note on the price target was released on February 07, 2025, representing the official price target for Cloudflare Inc stock. Previously, the target price had yet another raise from $125 to $140, while Robert W. Baird kept a Neutral rating on NET stock. On January 17, 2025, analysts increased their price target for NET shares from 95 to 145.
The Average True Range (ATR) for Cloudflare Inc is set at 8.51, with the Price to Sales ratio for NET stock in the period of the last 12 months amounting to 24.68. The Price to Book ratio for the last quarter was 39.36, with the Price to Cash per share for the same quarter was set at 5.39. Price to Free Cash Flow for NET in the course of the last twelve months was 250.06 with Quick ratio for the last quarter at 2.86.
NET stock trade performance evaluation
Cloudflare Inc [NET] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.94. With this latest performance, NET shares dropped by -30.78% in over the last four-week period, additionally plugging by 56.61% over the last 6 months – not to mention a rise of 21.85% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NET stock in for the last two-week period is set at 33.52, with the RSI for the last a single of trading hit 26.85, and the three-weeks RSI is set at 39.03 for Cloudflare Inc [NET]. The present Moving Average for the last 50 days of trading for this stock 134.93, while it was recorded at 122.77 for the last single week of trading, and 98.41 for the last 200 days.
Cloudflare Inc [NET]: An insightful look at the core fundamentals
Cloudflare Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.86 and a Current Ratio set at 2.86.
Earnings per share (EPS) analysis for Cloudflare Inc [NET] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NET. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cloudflare Inc go to 23.75%.
Cloudflare Inc [NET]: Institutional Ownership
The top three institutional holders of NET stocks are: CAPITAL WORLD INVESTORS with ownership of 33.34 million shares, which is approximately 9.7872%. BAILLIE GIFFORD & CO, holding 32.72 million shares of the stock with an approximate value of $$2.71 billion in NET stocks shares; and BAILLIE GIFFORD & CO, currently with $$2.47 billion in NET stock with ownership which is approximately 8.8106%.
