Cloudflare, Inc.
General ticker "NET" information:
- Sector: Information Technology
- Industry: IT Services
- Capitalization: $55.5B (TTM average)
Cloudflare, Inc. follows the US Stock Market performance with the rate: 70.6%.
Estimated limits based on current volatility of 1.9%: low 200.74$, high 208.47$
Factors to consider:
- Total employees count: 4263 as of 2024
- US accounted for 50.9% of revenue in the fiscal year ended 2024-12-31
- Top business risk factors: Geopolitical risks, Cybersecurity threats, Dependency on large customers, Strategic risks and growth management, Labor/talent shortage/retention
- Current price 60.4% above estimated high
- Earnings for 9 months up through Q3 are close to our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [74.82$, 127.24$]
- 2025-12-31 to 2026-12-31 estimated range: [73.39$, 126.50$]
Financial Metrics affecting the NET estimates:
- Negative: with PPE of 147.3 at the end of fiscal year the price was high
- Negative: negative Operating income
- Positive: -8.75 < Industry operating profit margin (median), % of -3.62
- Positive: 18.93 < Shareholder equity ratio, % of 31.69 <= 41.86
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of -2.33
- Positive: Inventory ratio change, % of -1.11 <= -0.75
- Positive: Industry inventory ratio change (median), % of -0.57 <= -0.15
- Positive: 0 < Industry operating cash flow per share per price (median), % of 1.68
Short-term NET quotes
Long-term NET plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $975.24MM | $1,296.74MM | $1,669.63MM |
| Operating Expenses | $1,176.44MM | $1,482.23MM | $1,824.39MM |
| Operating Income | $-201.20MM | $-185.49MM | $-154.76MM |
| Non-Operating Income | $10.47MM | $7.62MM | $83.89MM |
| Interest Expense | $4.98MM | $5.87MM | $5.20MM |
| R&D Expense | $298.30MM | $358.14MM | $421.37MM |
| Income(Loss) | $-190.73MM | $-177.86MM | $-70.87MM |
| Taxes | $2.65MM | $6.09MM | $7.93MM |
| Profit(Loss)* | $-193.38MM | $-183.95MM | $-78.80MM |
| Stockholders Equity | $623.96MM | $763.05MM | $1,046.20MM |
| Assets | $2,587.91MM | $2,759.77MM | $3,301.16MM |
| Operating Cash Flow | $123.59MM | $254.41MM | $380.43MM |
| Capital expenditure | $163.36MM | $134.94MM | $185.04MM |
| Investing Cash Flow | $-235.70MM | $-186.20MM | $-330.22MM |
| Financing Cash Flow | $6.35MM | $-192.19MM | $12.79MM |
| Earnings Per Share** | $-0.59 | $-0.55 | $-0.23 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.