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NET

48.37USD-1.20(-2.42%)Market Closed

Cloudflare, Inc.

Market Summary

USD48.37-1.20Market Closed
-2.42%

NET Alerts

NET Stock Price

RSI Chart

Valuation

Market Cap

18.0B

Price/Earnings

-62.12

Price/Sales

22.15

Price/Cashflow

493.37

MarketCap/EBT

-66.16

Price/Sales

Profitability

Operating Margin

77.50%

EBT Margin

-33.48%

Return on Equity

-49.92%

Return on Assets

-11.74%

Fundamentals

Revenue

Revenue (TTM)

812.6M

Revenue Y/Y

53.85%

Revenue Q/Q

10.53%

Earnings

Earnings (TTM)

-289.8M

Earnings Y/Y

-78.93%

Earnings Q/Q

-53.54%

Price Action

52 Week Range

170.40
(Low)(High)

Last 7 days

4.5%

Last 30 days

-3.1%

Last 90 days

-17.6%

Trailing 12 Months

-70.9%

Financial Health

Current Ratio

5.45

Investor Care

Shares Dilution (1Y)

5.49%

Diluted EPS (TTM)

-0.91

Peers (Alternatives to Cloudflare)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
16.19% -21.88%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
10.96% -5.77%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-3.63% -44.66%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
13.38% -49.17%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-5.46% -61.25%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
12.08% -18.13%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
8.04% -48.17%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-19.92% -44.81%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
6.18% -58.89%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
20.08% -33.40%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-1.33% -63.18%
-4.28
0.79
2.66% -1.77%

Financials for Cloudflare

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue11.2%813731656589531
Gross Profit10.8%630568509455407
Operating Expenses13.8%802705637566514
  S&GA Expenses11.6%400358328295266
  R&D Expenses15.6%251217189162147
Earnings Before Taxes-9.6%-272.07-248.19-247.98-224.89-144.43
Net Income-10.7%-289.75-261.73-260.31-216.83-135.96
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets4.9%2,4682,3542,3722,3161,446
  Current Assets-4.3%1,8141,8951,9561,9311,146
    Cash Equivalents-6.1%143152314618248
  Net PPE20.8%245202184177157
  Goodwill423.2%14929241717
Liabilities2.7%1,8881,8381,5561,462645
  Current Liabilities20.3%333277289227200
Shareholder's Equity12.6%580515811853801
  Retained Earnings-9.2%-751.43-687.89-680.83-603.33-495.99
  Additional Paid-In Capital10.8%1,3481,2161,4951,4561,297
Accumulated Depreciation13.7%157138120123109
Shares Outstanding0.6%325323315308-
Float-14,847----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations541.5%366651524
  Share Based Compensation32.3%140106907870
Cashflow From Investing-11.4%-966.42-867.90-709.32-355.11-115.49
Cashflow From Financing0.1%82782684784425
  Buy Backs-45.2%00000

Risks

What is the probability of a big loss on NET?

82.3%


Probability that Cloudflare stock will be more than 20% underwater in next one year

30.6%


Probability that Cloudflare stock will be more than 30% underwater in next one year.

28.2%


Probability that Cloudflare stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NET drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cloudflare was unfortunately bought at previous high price.

Returns

Cumulative Returns on NET

36.7%


3-Year Cumulative Returns

Which funds bought or sold NET recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
233,687
1,117,000
0.69%
2022-11-23
Toroso Investments, LLC
ADDED
9.78
103,000
366,000
0.01%
2022-11-22
B. Riley Wealth Advisors, Inc.
NEW
-
410,000
410,000
0.01%
2022-11-22
Capital Impact Advisors, LLC
-
-
-9,000
155,000
0.15%
2022-11-22
Seaport Global Advisors, LLC
-
-
89,000
299,000
1.22%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
8,166,000
8,166,000
0.10%
2022-11-22
CVA Family Office, LLC
-
-
2,000
27,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
3,000
5,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
6,018,000
6,018,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
4,875,000
23,696,000
0.04%

1–10 of 38

Latest Funds Activity

Are funds buying NET calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own NET

Cloudflare News

MarketBeat

Cloudflare, Inc. (NYSE:NET) Short Interest Update.6 hours ago

NET Fair Value

Recent SEC filings of Cloudflare

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 15, 2022
4/A
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 08, 2022
4
Insider Trading

Latest Insider Trading transactions for NET

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Kramer Douglas James
SOLD
-781,437
49.9161
-15,655
General Counsel
2022-12-01
Kramer Douglas James
ACQUIRED
-
-
9,000
General Counsel
2022-11-21
SEIFERT THOMAS J
ACQUIRED
-
-
20,000
Chief Financial Officer
2022-11-21
SEIFERT THOMAS J
SOLD
-912,325
45.6163
-20,000
Chief Financial Officer
2022-11-15
Kramer Douglas James
ACQUIRED
-
-
11,155
General Counsel
2022-11-15
Kramer Douglas James
SOLD
-251,959
55.9909
-4,500
General Counsel
2022-11-15
Suder Katrin
ACQUIRED
-
-
7,500
-
2022-11-14
Prince Matthew
SOLD
-2,770,710
52.8923
-52,384
CEO & Chair of the Board
2022-11-14
Prince Matthew
GIFTED
-
-
-26,646
CEO & Chair of the Board
2022-11-14
Prince Matthew
ACQUIRED
-
-
79,030
CEO & Chair of the Board

1–10 of 50

Matthew B. Prince
2440
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company offers 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. Its security products comprise cloud firewall, bot management, distributed denial of service, IoT, SSL/TLS, secure origin connection, and rate limiting products. The company also offers performance solutions, which include content delivery and intelligent routing, as well as content, mobile, and image optimization solutions. In addition, it provides reliability solutions comprising load balancing, anycast network, virtual backbone, DNS, DNS resolver, online, and virtual waiting room solutions. Further, the company offers Cloudflare internal infrastructure solutions, including on-ramps, which connect users, devices, or locations to its network; and filters, which are the products that protect, inspect, and privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; 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.

NET Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 253,857$ 172,347$ 700,541$ 462,830
Cost of revenue61,96737,525164,822104,638
Gross profit191,890134,822535,719358,192
Operating expenses:    
Sales and marketing116,03385,877333,712231,846
Research and development76,43246,770218,600127,646
General and administrative45,37228,669133,91985,320
Total operating expenses237,837161,316686,231444,812
Loss from operations(45,947)(26,494)(150,512)(86,620)
Non-operating income (expense):    
Interest income3,8523856,5541,302
Interest expense(1,512)(12,448)(4,109)(33,126)
Loss on extinguishment of debt0(72,234)0(72,234)
Other income (expense), net2,4333612,179(368)
Total non-operating income (expense), net4,773(83,936)4,624(104,426)
Loss before income taxes(41,174)(110,430)(145,888)(191,046)
Provision for (benefit from) income taxes1,372(3,095)1,576(8,238)
Net loss$ (42,546)$ (107,335)$ (147,464)$ (182,808)
Net loss per share attributable to common stockholders, basic (in dollars per share)$ (0.13)$ (0.34)$ (0.45)$ (0.59)
Net loss per share attributable to common stockholders, diluted (in dollars per share)$ (0.13)$ (0.34)$ (0.45)$ (0.59)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)326,590314,543325,457309,618
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)326,590314,543325,457309,618

NET Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 137,838$ 313,777
Available-for-sale securities1,498,4241,508,066
Accounts receivable, net126,86895,543
Contract assets7,2116,079
Restricted cash short-term10,7092,958
Prepaid expenses and other current assets34,73729,433
Total current assets1,815,7871,955,856
Property and equipment, net264,132183,736
Goodwill149,12223,530
Acquired intangible assets, net37,3711,254
Operating lease right-of-use assets132,962130,314
Deferred contract acquisition costs, noncurrent87,28270,320
Restricted cash4714,223
Other noncurrent assets3,4902,838
Total assets2,490,6172,372,071
Current liabilities:  
Accounts payable39,22726,086
Accrued expenses and other current liabilities55,07038,085
Accrued compensation42,57365,905
Operating lease liabilities28,52625,175
Liability for early exercise of unvested stock options2,4934,651
Deferred revenue171,398116,546
Current portion of convertible senior notes, net012,117
Total current liabilities339,287288,565
Convertible senior notes, net1,435,0301,146,877
Operating lease liabilities, noncurrent104,017109,037
Deferred revenue, noncurrent8,6864,680
Other noncurrent liabilities9,6087,114
Total liabilities1,896,6281,556,273
Commitments and contingencies (Note 8)
Temporary equity, convertible senior notes04,439
Stockholders’ Equity:  
Additional paid-in capital1,404,9341,494,512
Accumulated deficit(793,974)(680,829)
Accumulated other comprehensive loss(17,298)(2,645)
Total stockholders’ equity593,989811,359
Total liabilities, temporary equity and stockholders’ equity2,490,6172,372,071
Class A common stock  
Stockholders’ Equity:  
Common stock, value, issued283277
Class B common stock  
Stockholders’ Equity:  
Common stock, value, issued$ 44$ 44