On Thursday morning 07/11/2024 the Cloudflare share started trading at the price of $82.00.
Compared to the closing price on Wednesday 07/10/2024 on BTT of $82.35, this is a drop of 0.43%.
There are 301.09 M shares outstanding in Cloudflare, which values the company at $28.14 B.
Is Cloudflare stock a Buy, Sell or Hold?
Cloudflare stock has received a consensus rating of hold. The average rating score is and is based on 40 buy ratings, 43 hold ratings, and 14 sell ratings.What was the 52-week low for Cloudflare stock?
The low in the last 52 weeks of Cloudflare stock was 49.21. According to the current price, Cloudflare is 167.51% away from the 52-week low.What was the 52-week high for Cloudflare stock?
The high in the last 52 weeks of Cloudflare stock was 117.60. According to the current price, Cloudflare is 70.09% away from the 52-week high.What are analysts forecasts for Cloudflare stock?
The 97 analysts offering price forecasts for Cloudflare have a median target of 73.92, with a high estimate of 135.00 and a low estimate of 36.00. The median estimate represents a 111.52 difference from the last price of 82.43.Cloudflare Stock Snapshot
82.39
Bid
135.00
Bid Size
82.46
Ask
150.00
Ask Size
7/11/2024
Date
2:52 PM
Time
56,576.00
Volume
82.35
Prev. Close
82.00
Open
28.06 B
Market Cap in USD
301.09 M
Number of Shares
81.88
Day Low
84.47
Day High
82.41
49.21
52 Week Low
117.60
52 Week High
82.41
0.00
Dividend in USD
0.00
Dividend Yield
98.23
Free Float in %
-0.55
EPS in USD
2.26
Book Value per Share in USD
0.76
Cash Flow per Share in USD
Cloudflare News More News
Historical Prices for Cloudflare
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
Cloudflare Analyst Data
Total Analysts: 97
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 36.00
Median: 73.92
Highest: 135.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Cloudflare Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 06/25/24 | Guggenheim | Maintained Sell | $50 | |||
| 06/25/24 | UBS | Upgraded to Hold | $82 | |||
| 06/21/24 | Cantor Fitzgerald | Maintained Hold | $80 | |||
| 06/17/24 | Morgan Stanley | Maintained Hold | $92 | |||
| 06/04/24 | Goldman Sachs | Maintained Sell | $68 | |||
| 05/31/24 | RBC Capital Markets | Maintained Buy | $90 | |||
| 05/31/24 | Cantor Fitzgerald | Maintained Hold | $80 | |||
| 05/31/24 | Needham & Company, LLC | Maintained Buy | $135 | |||
| 05/14/24 | JMP Securities LLC | Maintained Buy | $120 | |||
| 05/09/24 | Citigroup Corp. | Maintained Hold | $90 | |||
| 05/06/24 | Goldman Sachs | Maintained Sell | $77 | |||
| 05/06/24 | Susquehanna Financial Group, LLLP | Maintained Hold | $80 | |||
| 05/03/24 | UBS | Maintained Sell | $76 | |||
| 05/03/24 | Needham & Company, LLC | Maintained Buy | $135 | |||
| 05/03/24 | J.P. Morgan | Maintained Hold | $80 | |||
| 05/03/24 | Wells Fargo & Co | Maintained Buy | $105 | |||
| 05/03/24 | Bank of America Merrill Lynch | Maintained Sell | $60 | |||
| 05/03/24 | Cantor Fitzgerald | Maintained Hold | $80 | |||
| 05/03/24 | Piper Sandler | Maintained Hold | $81 | |||
| 05/03/24 | Oppenheimer & Co. Inc. | Maintained Buy | $110 | |||
| 05/03/24 | Mizuho | Maintained Hold | $88 | |||
| 05/03/24 | Baird Patrick & Co | Maintained Buy | $94 | |||
| 04/17/24 | Cantor Fitzgerald | Maintained Hold | $100 | |||
| 04/15/24 | Mizuho | Maintained Hold | $95 | |||
| 02/13/24 | DZ BANK | Downgraded to Buy | $110 | |||
| 02/12/24 | Morgan Stanley | Maintained Hold | $92 | |||
| 02/12/24 | Cantor Fitzgerald | Maintained Hold | $100 | |||
| 02/09/24 | J.P. Morgan | Maintained Hold | $90 | |||
| 02/09/24 | Mizuho | Maintained Hold | $105 | |||
| 02/09/24 | RBC Capital Markets | Maintained Buy | $108 | |||
| 02/09/24 | Susquehanna Financial Group, LLLP | Maintained Hold | $115 | |||
| 02/09/24 | Wells Fargo & Co | Maintained Buy | $125 | |||
| 02/09/24 | Cantor Fitzgerald | Maintained Hold | $100 | |||
| 02/09/24 | Needham & Company, LLC | Maintained Buy | $135 | |||
| 01/31/24 | JMP Securities LLC | Maintained Buy | $90 | |||
| 01/29/24 | Wells Fargo & Co | Maintained Buy | $95 | |||
| 11/21/23 | Oppenheimer & Co. Inc. | Upgraded to Buy | ||||
| 11/07/23 | Morgan Stanley | Maintained Hold | $60 | |||
| 11/03/23 | Piper Sandler | Maintained Hold | $60 | |||
| 11/03/23 | RBC Capital Markets | Maintained Buy | $65 | |||
| 10/30/23 | Morgan Stanley | Maintained Hold | $55 | |||
| 09/07/23 | Bank of America Merrill Lynch | Maintained Sell | $52 | |||
| 08/30/23 | Citigroup Corp. | Maintained Hold | $65 | |||
| 08/07/23 | Morgan Stanley | Maintained Hold | $43 | |||
| 08/07/23 | Guggenheim | Downgraded to Sell | $50 | |||
| 08/04/23 | Wells Fargo & Co | Maintained Buy | $80 | |||
| 08/04/23 | RBC Capital Markets | Maintained Buy | $75 | |||
| 08/04/23 | Goldman Sachs | Maintained Sell | $43 | |||
| 08/04/23 | Mizuho | Maintained Hold | $70 | |||
| 08/04/23 | Needham & Company, LLC | Maintained Buy | $85 |
Cloudflare Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Revenue | 1,651 | 2,096 | 2,653 | 3,249 | 3,928 |
| Dividend | 0.00 | 0.00 | 0.00 | - | - |
| Dividend Yield (in %) | 0.00 % | 0.00 % | 0.00 % | - | - |
| EPS | 0.61 | 0.75 | 0.92 | - | - |
| P/E Ratio | 135.34 | 109.73 | 89.53 | 79.25 | - |
| EBIT | 167 | 230 | 320 | 557 | - |
| EBITDA | 301 | 405 | 551 | 705 | - |
| Net Profit | 224 | 283 | 356 | 525 | - |
| Net Profit Adjusted | 224 | 283 | 354 | 525 | - |
| Pre-Tax Profit | 249 | 320 | 433 | - | - |
| Net Profit (Adjusted) | -124 | -89 | 4 | - | - |
| EPS (Non-GAAP) ex. SOE | 0.61 | 0.75 | 0.92 | - | - |
| EPS (GAAP) | -0.41 | -0.36 | -0.52 | - | - |
| Gross Income | 1,302 | 1,650 | 2,107 | 2,529 | - |
| Cash Flow from Investing | 8 | 9 | 43 | - | - |
| Cash Flow from Operations | 380 | 509 | 653 | - | - |
| Cash Flow from Financing | 8 | 9 | 43 | - | - |
| Cash Flow per Share | 1.20 | 1.60 | 1.60 | - | - |
| Free Cash Flow | 173 | 239 | 386 | 571 | - |
| Free Cash Flow per Share | 0.48 | 0.68 | 1.20 | 1.64 | - |
| Book Value per Share | 2.63 | 3.24 | 4.51 | - | - |
| Net Debt | -494 | -376 | -1,301 | -3,966 | -5,466 |
| Research & Development Exp. | 269 | 342 | - | 570 | - |
| Capital Expenditure | 180 | 227 | 254 | - | - |
| Selling, General & Admin. Exp. | - | - | - | - | - |
| Shareholder’s Equity | 992 | 1,269 | 1,672 | - | - |
| Total Assets | 3,189 | 3,731 | 4,580 | - | - |
|
Previous Quarter ending 06/30/24 |
Current Quarter ending 09/30/24 |
Next Quarter ending 12/31/24 |
Current Year ending 12/31/24 |
Next Year ending 12/31/25 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 25 | 25 | 24 | 25 | 25 |
| Average Estimate | 0.141 USD | 0.151 USD | 0.160 USD | 0.611 USD | 0.753 USD |
| Year Ago | -0.284 USD | -0.070 USD | -0.083 USD | -0.551 USD | - |
| Publish Date | 8/1/2024 | 10/31/2024 | 2/6/2025 | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 25 | 25 | 25 | 28 | 29 |
| Average Estimate | 394 USD | 423 USD | 455 USD | 1,651 USD | 2,096 USD |
| Year Ago | 308 USD | 336 USD | 362 USD | 1,297 USD | - |
| Publish Date | 8/1/2024 | 10/31/2024 | 2/6/2025 | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements in Mio. USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Sales | 1,296.75 | 975.24 | 656.43 | 431.06 | 287.02 | 192.67 | 134.92 |
| Change of sales in % | 32.97 | 48.57 | 52.28 | 50.18 | 48.97 | 42.81 | 59.11 |
| Gross profit on sales | 989.74 | 742.63 | 509.29 | 330.00 | 223.60 | 149.14 | 106.13 |
| Gross profit on sales change in % | 33.27 | 45.82 | 54.33 | 47.59 | 49.93 | 40.53 | 74.47 |
| Operating income | -250.89 | -248.76 | -148.20 | -110.49 | -118.25 | -84.90 | -9.73 |
| Operating income change in % | -0.86 | -67.85 | -34.13 | 6.56 | -39.28 | -772.55 | 42.86 |
| Income before tax | -243.26 | -242.23 | -268.88 | -134.97 | -115.01 | -86.09 | -9.72 |
| Income before tax change in % | -0.42 | 9.91 | -99.21 | -17.35 | -33.60 | -786.12 | 43.73 |
| Income after tax | -183.95 | -193.38 | -260.31 | -119.37 | -105.83 | -87.16 | -10.75 |
| Income after tax change in % | 4.88 | 25.71 | -118.07 | -12.80 | -21.41 | -710.98 | 37.99 |
Balance Sheet in Mio. USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Total liabilities | 1,996.72 | 1,963.94 | 1,560.71 | 563.71 | 105.00 | 80.36 | 41.43 |
| Long-term liabilities per share | 4.24 | 4.74 | 3.93 | 1.37 | 0.07 | 0.06 | 0.05 |
| Equity | 763.05 | 623.96 | 811.36 | 816.94 | 725.83 | 218.02 | 121.71 |
| Equity change in % | 22.29 | -23.10 | -0.68 | 12.55 | - | -89.70 | - |
| Balance sheet total | 2,759.77 | 2,587.91 | 2,372.07 | 1,380.65 | 830.82 | 298.38 | 163.14 |
| Balance sheet total change in % | 6.64 | 9.10 | 71.81 | 66.18 | 178.44 | 82.89 | - |
Key Data in USD
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
| Sales per share | 3.89 | 2.99 | 2.10 | 1.44 | 0.96 | 0.65 | 0.45 |
| P/E ratio (year end quote, basic EPS) | - | - | - | - | - | - | - |
| P/E ratio (year end quote, diluted EPS) | - | - | - | - | - | - | - |
| P/E ratio (year end quote) | - | - | - | - | - | - | - |
| Dividend yield in % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Equity ratio in % | 27.65 | 24.11 | 34.20 | 59.17 | 87.36 | -38.04 | -36.68 |
| Debt ratio in % | 72.35 | 75.89 | 65.80 | 40.83 | 12.64 | 26.93 | 25.40 |
Cloudflare Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Zatlyn Michelle | 07/02/2024 | 20,512.00 | n/a | 85.28 | Sell | No |
| Zatlyn Michelle | 07/02/2024 | 5,128.00 | 19,615.00 | 85.28 | Sell | No |
| Zatlyn Michelle | 07/02/2024 | 20,512.00 | 20,512.00 | n/a | Buy | No |
| Zatlyn Michelle | 07/02/2024 | 5,128.00 | 24,743.00 | n/a | Buy | No |
| Zatlyn Michelle | 07/01/2024 | 6,285.00 | n/a | 84.88 | Sell | No |
| Zatlyn Michelle | 07/01/2024 | 3,560.00 | 21,183.00 | 84.32 | Sell | No |
| Zatlyn Michelle | 07/01/2024 | 1,568.00 | 19,615.00 | 84.88 | Sell | No |
| Zatlyn Michelle | 07/01/2024 | 14,227.00 | 6,285.00 | 84.32 | Sell | No |
| Zatlyn Michelle | 07/01/2024 | 5,128.00 | 24,743.00 | n/a | Buy | No |
| Zatlyn Michelle | 07/01/2024 | 20,512.00 | 20,512.00 | n/a | Buy | No |
| Zatlyn Michelle | 06/30/2024 | 6,170.00 | 19,615.00 | 83.63 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 19,418.00 | 24,783.00 | 82.77 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 37,863.00 | 44,201.00 | 81.66 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 24,783.00 | n/a | 83.63 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 9,486.00 | 30,645.00 | 81.66 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 4,860.00 | 25,785.00 | 82.78 | Sell | No |
| Zatlyn Michelle | 06/30/2024 | 82,064.00 | 82,064.00 | n/a | Buy | No |
| Zatlyn Michelle | 06/30/2024 | 20,516.00 | 40,131.00 | n/a | Buy | No |
| Ledbetter Carl | 06/25/2024 | 8,030.00 | 1,084,364.00 | 79.89 | Sell | No |
| Zatlyn Michelle | 06/20/2024 | 2,524.00 | 19,655.00 | 76.40 | Sell | No |
| Zatlyn Michelle | 06/20/2024 | 40.00 | 19,615.00 | 77.11 | Sell | No |
| Zatlyn Michelle | 06/20/2024 | 10,096.00 | 160.00 | 76.40 | Sell | No |
| Zatlyn Michelle | 06/20/2024 | 160.00 | n/a | 77.11 | Sell | No |
| Zatlyn Michelle | 06/20/2024 | 10,256.00 | 10,256.00 | n/a | Buy | No |
| Zatlyn Michelle | 06/20/2024 | 2,564.00 | 22,179.00 | n/a | Buy | No |
Cloudflare Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2023 | Cloudflare | 0.00 | 0.00 | USD |
| 2022 | Cloudflare | 0.00 | 0.00 | USD |
| 2021 | Cloudflare | 0.00 | 0.00 | USD |
| 2020 | Cloudflare | 0.00 | 0.00 | USD |
| 2019 | Cloudflare | 0.00 | 0.00 | USD |
| 2018 | Cloudflare | - | - | USD |
| 2017 | Cloudflare | - | - | USD |
| 2016 | Cloudflare | - | - | USD |
*Yield of the Respective Date
Cloudflare Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | 0.141 USD | Q2 2024 Earnings Release | 08/01/2024 |
| Earnings Report | 0.151 USD | Q3 2024 Earnings Release | 10/31/2024 |
| Earnings Report | 0.160 USD | Q4 2024 Earnings Release | 02/06/2025 |
| Earnings Report | 0.176 USD | Q1 2025 Earnings Release | 05/01/2025 |
Cloudflare Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Annual General Meeting | - | Annual General Meeting | 06/04/2024 |
Cloudflare Profile
Cloudflare, Inc. engages in the provision of cloud-based services to secure websites. It offers various products for performance and reliability, video streaming and delivery, advanced security, insights, Cloudflare for developers, domain registration and Cloudflare marketplace. It operates through United States and Rest of the World geographical segments. The company was founded by Matthew Prince, Michelle Zatlyn and Lee Holloway in July 2009 and is headquartered in San Francisco, CA.
Moody’s Daily Credit Risk Score
Cloudflare Shareholder
| Owner | in % |
|---|---|
| Freefloat | 98.23 |
| Baillie Gifford & Co. | 10.28 |
| Baillie Gifford & Co. | 10.01 |
| Morgan Stanley Investment Management, Inc. | 9.47 |
| The Vanguard Group, Inc. | 9.35 |
| Capital Research & Management Co. (World Investors) | 9.34 |
| Vanguard Group, Inc. (Subfiler) | 9.26 |
| Capital Research & Management Co. (World Investors) | 9.23 |
| Morgan Stanley Investment Management, Inc. | 8.47 |
| American Funds Growth Fund of America | 6.03 |
| Sands Capital Management LLC | 3.52 |
| Fidelity Management & Research Co. LLC | 3.09 |
| Vanguard Total Stock Market ETF | 2.97 |
| BlackRock Institutional Trust Co. NA | 2.38 |
| Sands Capital Management LLC | 2.15 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.