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NET

NET - CloudFlare Inc Stock Price, Fair Value and News

75.21USD+0.07 (+0.09%)Delayed

Market Summary

NET
USD75.21+0.07
Delayed
0.09%

NET Alerts

  • 6 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Losses in recent quarter

NET Stock Price

View Fullscreen

NET RSI Chart

NET Valuation

Market Cap

25.5B

Price/Earnings (Trailing)

-140.37

Price/Sales (Trailing)

18.38

EV/EBITDA

-754.65

Price/Free Cashflow

156.55

NET Price/Sales (Trailing)

NET Profitability

Operating Margin

76.78%

EBT Margin

-12.59%

Return on Equity

-22.76%

Return on Assets

-6.48%

Free Cashflow Yield

0.64%

NET Fundamentals

NET Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

30.47%

Rev. Growth (Qtr)

4.45%

NET Earnings

Earnings (TTM)

-181.4M

Earnings Growth (Yr)

6.67%

Earnings Growth (Qtr)

-27.55%

Breaking Down NET Revenue

Last 7 days

4.6%

Last 30 days

-14.5%

Last 90 days

-23.7%

Trailing 12 Months

28.5%

How does NET drawdown profile look like?

NET Financial Health

Current Ratio

3.51

Debt/Equity

1.61

Debt/Cashflow

0.23

NET Investor Care

Shares Dilution (1Y)

2.48%

Diluted EPS (TTM)

-0.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.4B000
20231.1B1.1B1.2B1.3B
2022730.5M812.6M894.1M975.2M
2021477.9M530.6M588.8M656.4M
2020316.5M348.8M389.1M431.1M
2019216.3M239.8M263.4M287.0M
201800163.8M192.7M
2017000134.9M

Tracking the Latest Insider Buys and Sells of CloudFlare Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 08, 2024
prince matthew
sold
-3,798,560
72.5138
-52,384
ceo & chair of the board
May 08, 2024
ledbetter carl
sold
-2,196,420
72.8618
-30,145
-
May 08, 2024
prince matthew
acquired
-
-
52,384
ceo & chair of the board
May 07, 2024
prince matthew
acquired
-
-
52,384
ceo & chair of the board
May 07, 2024
prince matthew
sold
-3,883,940
74.1436
-52,384
ceo & chair of the board
May 06, 2024
prince matthew
sold
-3,911,540
74.6706
-52,384
ceo & chair of the board
May 06, 2024
prince matthew
acquired
-
-
52,384
ceo & chair of the board
May 03, 2024
seifert thomas j
sold
-1,109,480
73.9651
-15,000
chief financial officer
May 03, 2024
seifert thomas j
acquired
-
-
15,000
chief financial officer
May 01, 2024
kramer douglas james
sold
-264,360
88.12
-3,000
chief legal officer

1–10 of 50

Which funds bought or sold NET recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Wiser Advisor Group LLC
unchanged
-
339
2,421
-%
May 16, 2024
COMERICA BANK
added
19.87
781,666
2,765,100
0.01%
May 16, 2024
Clear Point Advisors Inc.
added
100
5,409
9,489
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-94.84
-5,436,940
304,289
-%
May 16, 2024
Tidal Investments LLC
reduced
-0.75
172,777
1,292,870
0.02%
May 16, 2024
Grandeur Peak Global Advisors, LLC
reduced
-26.76
-5,652,800
32,477,400
2.58%
May 16, 2024
Ancora Advisors LLC
unchanged
-
1,642
11,716
-%
May 16, 2024
Global Financial Private Client, LLC
added
4.85
9,489
55,865
0.02%
May 16, 2024
Motley Fool Asset Management LLC
reduced
-3.42
55,837
508,938
0.03%
May 16, 2024
COMERICA BANK
sold off
-100
-1,796
-
-%

1–10 of 37

Are Funds Buying or Selling NET?

Are funds buying NET calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NET
No. of Funds

Unveiling CloudFlare Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
9.52%
28,159,189
SC 13G/A
Feb 13, 2024
sands capital management, llc
3.6%
10,593,642
SC 13G/A
Feb 12, 2024
prince matthew
9.3%
30,480,294
SC 13G/A
Feb 12, 2024
morgan stanley
9.9%
29,344,871
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Feb 09, 2024
capital world investors
9.4%
27,791,766
SC 13G/A
Jan 30, 2024
baillie gifford & co
10.46%
30,938,677
SC 13G/A
Jan 29, 2024
blackrock inc.
5.6%
16,649,551
SC 13G/A
Jun 06, 2023
baillie gifford & co
11.03%
31,928,982
SC 13G/A
Feb 14, 2023
sands capital management, llc
5.4%
15,454,112
SC 13G

Recent SEC filings of CloudFlare Inc

View All Filings
Date Filed Form Type Document
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 16, 2024
4
Insider Trading
May 09, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 06, 2024
144
Notice of Insider Sale Intent
May 06, 2024
4
Insider Trading

Peers (Alternatives to CloudFlare Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.1T
236.6B
2.04% 31.94%
36.24
13.2
13.97% 24.86%
216.6B
19.9B
1.92% 34.16%
45.12
10.87
10.76% 1.35%
82.6B
3.1B
17.82% 143.95%
924.45
27.03
36.33% 148.75%
44.6B
22.9B
-1.67% 21.44%
89.43
1.95
23.28% 240.37%
14.5B
3.9B
-5.09% 8.50%
23.17
3.74
7.01% 28.42%
10.2B
2.8B
-3.92% 22.69%
20.48
3.67
0.20% 52.82%
MID-CAP
7.5B
619.6M
12.28% 29.55%
779.75
12.06
7.11% 116.83%
6.4B
583.1M
40.42% 1.19%
-33.59
10.98
22.54% 30.49%
4.0B
1.5B
19.09% 52.81%
27.07
2.67
6.51% 54.77%
2.4B
560.0M
-6.27% -15.47%
-22.61
4.34
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
-10.96% -12.92%
19.76
1.09
3.70% 18.24%
1.2B
254.7M
26.48% 15.07%
26.36
4.73
-7.51% 2.74%
590.0M
634.3M
29.78% 103.56%
-20.22
0.93
9.43% -197.31%
20.5M
23.3M
-8.22% -61.16%
-1.79
0.88
336.57% -92.79%
13.0M
15.3M
- 31.58%
-1.29
0.85
-7.99% -1417.41%

CloudFlare Inc News

Latest updates
Defense World2 hours ago
Yahoo Finance24 Apr 202407:00 am
Yahoo Finance04 Apr 202407:00 am

CloudFlare Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.4%378,602,000362,473,000335,603,000308,494,000290,175,000274,700,000253,857,000234,517,000212,167,000193,596,000172,347,000152,428,000138,055,000125,926,000114,162,00099,721,00091,250,00083,930,00073,941,00067,424,00061,727,000
Cost Of Revenue2.1%85,038,00083,283,00078,069,00075,221,00070,432,00067,788,00061,967,00055,804,00047,051,00042,496,00037,525,00035,029,00032,084,00029,065,00027,005,00024,164,00020,821,00018,198,00016,033,00014,832,00014,360,000
Gross Profit5.1%293,564,000279,190,000257,534,000233,273,000219,743,000206,912,000191,890,000178,713,000165,116,000151,100,000134,822,000117,399,000105,971,00096,861,00087,157,00075,557,00070,429,00065,732,00057,908,00052,592,00047,367,000
Operating Expenses8.1%348,114,000322,019,000296,746,000289,445,000267,015,000257,603,000237,837,000243,254,000205,140,000192,164,000161,316,000146,271,000137,225,000121,602,000108,409,000100,261,000106,500,00095,674,00098,994,00072,363,00064,514,000
  S&GA Expenses17.5%194,102,000165,214,000150,214,000146,688,000137,001,000132,050,000116,033,000117,622,000100,057,00096,219,00085,877,00075,995,00069,974,00063,552,00055,982,00051,376,00046,965,00047,107,00045,538,00035,836,00030,817,000
  R&D Expenses-9.0%87,703,00096,401,00090,593,00089,610,00081,539,00079,703,00076,432,00075,114,00067,054,00061,762,00046,770,00041,349,00039,527,00034,757,00030,902,00028,131,00033,354,00026,289,00027,863,00018,868,00017,649,000
EBITDA Margin9.2%-0.03-0.03-0.05-0.08-0.06-0.09-0.10-0.20-0.19-0.20-0.20-0.09-0.09-0.12-0.15-0.25-0.27-0.26-0.25-0.28-0.31
Interest Expenses2.9%1,100,0001,069,0001,138,0001,539,0002,126,000875,0001,512,0001,040,0001,557,00016,108,00012,448,00010,444,00010,234,00010,062,0009,828,0005,007,00067,000142,000407,000290,000273,000
Income Taxes12.9%2,300,0002,036,5001,254,0001,500,0001,314,0001,046,0001,400,000-170,000374,00020,568,500-3,100,000-4,300,000-833,000166,000-3,500,000-1,900,000-338,000624,000-212,000389,000314,000
Earnings Before Taxes-28.9%-33,274,000-25,811,000-22,281,000-93,002,000-36,768,000-44,845,000-41,174,000-63,707,000-41,007,000-56,930,000-110,430,000-39,820,000-40,796,000-33,844,000-29,972,000-28,073,000-33,084,000-27,531,000-41,065,000-19,317,000-16,800,000
EBT Margin8.2%-0.13-0.14-0.16-0.19-0.18-0.20-0.23-0.33-0.34-0.38-0.38-0.27-0.28-0.29-0.30-0.37-0.38-0.36-0.33-0.36-0.40
Net Income-27.6%-35,543,000-27,865,000-23,535,000-94,467,000-38,082,000-45,917,000-42,546,000-63,537,000-41,381,000-77,501,000-107,335,000-35,510,000-39,963,000-34,021,000-26,468,000-26,135,000-32,746,000-28,155,000-40,853,000-19,706,000-17,114,000
Net Income Margin7.7%-0.13-0.14-0.17-0.20-0.18-0.20-0.25-0.36-0.36-0.40-0.37-0.26-0.26-0.28-0.29-0.37-0.38-0.37-0.33-0.36-0.40
Free Cashflow-24.0%41,523,00054,625,00040,809,00025,703,00018,873,00037,978,000792,0001,167,000-59,948,00012,283,000-35,730,000-6,117,0001,226,000-19,226,000-13,384,000-15,213,000-25,681,000-20,882,000-29,777,000-12,821,000-18,726,000
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32018Q4
Assets1.5%2,8022,7602,5902,5332,6682,5882,4912,4682,3542,3722,3161,4461,4061,3811,3711,364859831840298
  Current Assets1.7%2,0161,9831,8581,8181,9541,8881,8161,8141,8951,9561,9311,1461,1401,1301,1271,132648690696197
    Cash Equivalents201.4%26287.0094.0015925620414915416032162525719711812132311814650831.00
  Net PPE2.0%32932331029329828726424520218417715713612412211510010192.0073.00
  Goodwill0%1481481481481481481491491205.006.0017.0017.0017.0017.0017.0016.004.004.004.00
Liabilities0.4%2,0041,9971,8911,8912,0151,9641,8971,8881,8381,5561,46264560156454552815210599.0080.00
  Current Liabilities1.2%57456747847344539833933327728922720016814113112110884.0077.0061.00
  Long Term Debt0.1%1,2841,2831,2821,2811,4371,4361,4351,4341,4331,1471,143401392383375366----
    LT Debt, Current----35.00-----12.00--------0.000.00
    LT Debt, Non Current-100.0%-1,2831,2821,2811,4371,4361,4351,4341,4331,1471,143401392383375366----
Shareholder's Equity4.5%797763699642653624594580515811853801804817826836706726740-
  Retained Earnings-3.5%-1,059-1,023-995-972-877-839-793-751-687-680-603-495-460-420-386-360-333-301-273-195
  Additional Paid-In Capital4.1%1,8571,7851,6991,6201,5361,4751,4051,3481,2161,4951,4561,2971,2641,2371,2121,1941,0391,0271,01482.00
Shares Outstanding1.5%33933433333133032632732532331231030830630029929729614611881.00
Float----9,021---7,588---14,847---4,336--1,905-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-13.9%73,57985,44168,10064,45136,41478,12342,68838,251-35,46740,617-6,9187,45523,494-8,8131,9733,987-14,276-8,574-17,786-2,867-9,690
  Share Based Compensation-6.3%69,72374,42473,77268,39257,40160,23253,76554,81533,96528,49923,04920,54718,04216,24314,74512,44912,89711,61522,9111,0441,057
Cashflow From Investing195.4%96,950-101,647-100,22910815,567-19,956-48,887-56,048-110,805-354,795-444,77342,47047,776-579-205,153-300,769-8,772-352,659-92,82912,63815,209
Cashflow From Financing-99.8%21.009,790-34,610-168,6121,2478,0191,43911,143-14,2549,774820,18310,1507,3796,7321,156501,702-4,678-1,497570,216-1992,248
  Buy Backs----34.00----3.001.0019.0019.0015044.0012.0031.0070.0012867.0084.004.00
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NET Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenue$ 378,602$ 290,175
Cost of revenue85,03870,432
Gross profit293,564219,743
Operating expenses:  
Sales and marketing194,102137,001
Research and development87,70381,539
General and administrative66,30948,475
Total operating expenses348,114267,015
Loss from operations(54,550)(47,272)
Non-operating income (expense):  
Interest income21,25213,487
Interest expense(1,100)(2,126)
Other income (expense), net1,124(857)
Total non-operating income, net21,27610,504
Loss before income taxes(33,274)(36,768)
Provision for income taxes2,2691,314
Net loss$ (35,543)$ (38,082)
Net loss per share attributable to common stockholders, basic (in dollars per share)$ (0.10)$ (0.12)
Net loss per share attributable to common stockholders, diluted (in dollars per share)$ (0.10)$ (0.12)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)338,583330,389
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)338,583330,389

NET Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 254,401$ 86,864
Available-for-sale securities1,461,8011,586,880
Accounts receivable, net213,183248,268
Contract assets11,58911,041
Restricted cash short-term5,5352,522
Prepaid expenses and other current assets69,66347,502
Total current assets2,016,1721,983,077
Property and equipment, net329,422322,813
Goodwill148,047148,047
Acquired intangible assets, net14,29819,564
Operating lease right-of-use assets141,820138,556
Deferred contract acquisition costs, noncurrent137,527133,236
Restricted cash1,8381,838
Other noncurrent assets12,50612,636
Total assets2,801,6302,759,767
Current liabilities:  
Accounts payable47,83253,727
Accrued expenses and other current liabilities68,41263,597
Accrued compensation62,29963,801
Operating lease liabilities39,27338,351
Deferred revenue356,243347,608
Total current liabilities574,059567,084
Convertible senior notes, net1,284,3521,283,362
Operating lease liabilities, noncurrent113,017113,490
Deferred revenue, noncurrent17,64517,244
Other noncurrent liabilities15,33315,540
Total liabilities2,004,4061,996,720
Commitments and contingencies (Note 8)
Stockholders’ Equity  
Additional paid-in capital1,857,1681,784,566
Accumulated deficit(1,059,383)(1,023,840)
Accumulated other comprehensive income (loss)(900)1,984
Total stockholders’ equity797,224763,047
Total liabilities and stockholders’ equity2,801,6302,759,767
Class A common stock  
Stockholders’ Equity  
Common stock, value, issued300297
Class B common stock  
Stockholders’ Equity  
Common stock, value, issued$ 39$ 40
NET
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, secure origin connection, and rate limiting products. It also offers website and application performance solutions, including content delivery, load balancing, DNS, agro smart routing, video stream delivery, content optimization, virtual backbone, always online, and cloudflare waiting room and registrar; and network services, which deliver network connectivity, security, and performance to customers as a service, including WAN, WARP, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust services, such as cloudflare access, cloudflare gateway, remote browser isolation, cloud access security broker, cloudflare area 1 email security, and data loss prevention products that protect, inspect, and privilege data. Further, it provides developer-based solutions consisting of cloudflare workers, pages, stream, and images, as well as Cloudflare Data Localization suite, a tool that set rules and controls at the network edge; durable objects and R2 object storage products; Consumer DNS Resolver, a consumer app to browse the Internet; and consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
 CEO
 WEBSITEcloudflare.com
 INDUSTRYSoftware - Infra
 EMPLOYEES3389

CloudFlare Inc Frequently Asked Questions


What is the ticker symbol for CloudFlare Inc? What does NET stand for in stocks?

NET is the stock ticker symbol of CloudFlare Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CloudFlare Inc (NET)?

As of Fri May 17 2024, market cap of CloudFlare Inc is 25.46 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NET stock?

You can check NET's fair value in chart for subscribers.

What is the fair value of NET stock?

You can check NET's fair value in chart for subscribers. The fair value of CloudFlare Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CloudFlare Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CloudFlare Inc a good stock to buy?

The fair value guage provides a quick view whether NET is over valued or under valued. Whether CloudFlare Inc is cheap or expensive depends on the assumptions which impact CloudFlare Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NET.

What is CloudFlare Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NET's PE ratio (Price to Earnings) is -140.37 and Price to Sales (PS) ratio is 18.38. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NET PE ratio will change depending on the future growth rate expectations of investors.