Cloudflare Stock Today
| NET Stock | USD 87.68 0.20 0.23% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Cloudflare is selling for under 87.68 as of the 24th of April 2024; that is -0.23 percent down since the beginning of the trading day. The stock's last reported lowest price was 87.17. Cloudflare has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Cloudflare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 13th of September 2019 | Category Technology | Classification Information Technology |
CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California. Cloudflare Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. The company has 301.06 M outstanding shares of which 11.4 M shares are now shorted by investors with about 3.62 days to cover. More on Cloudflare
Moving against Cloudflare Stock
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Cloudflare Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cloudflare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cloudflare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Matthew Prince | ||||
| Old Name | Netia S.A. | ||||
| Business Concentration | Application Software, Software - Infrastructure, Information Technology, NYSE Composite, ISE Cloud Computing, SPASX All Technology, HNX MidSmall Cap, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Cloudflare report their recommendations after researching Cloudflare's financial statements, talking to executives and customers, or listening in on Cloudflare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cloudflare. The Cloudflare consensus assessment is calculated by taking the average forecast from all of the analysts covering Cloudflare. | |||||
Cloudflare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cloudflare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cloudflare's financial leverage. It provides some insight into what part of Cloudflare's total assets is financed by creditors.
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Cloudflare (NET) is traded on New York Stock Exchange in USA. It is located in 101 Townsend Street, San Francisco, CA, United States, 94107 and employs 3,682 people. Cloudflare is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 29.86 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cloudflare's market, we take the total number of its shares issued and multiply it by Cloudflare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Cloudflare runs under Software sector within Information Technology industry. The entity has 301.06 M outstanding shares of which 11.4 M shares are now shorted by investors with about 3.62 days to cover.
Cloudflare has about 204.18 M in cash with 294.45 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.98.
Check Cloudflare Probability Of Bankruptcy
Ownership AllocationCloudflare holds a total of 301.06 Million outstanding shares. The majority of Cloudflare outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Cloudflare to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Cloudflare. Please pay attention to any change in the institutional holdings of Cloudflare as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Cloudflare Ownership Details
Cloudflare Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Cloudflare jumping above the current price in 90 days from now is about 77.56%. The Cloudflare probability density function shows the probability of Cloudflare stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1159. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Cloudflare will likely underperform. Additionally, cloudflare has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Cloudflare to move above the current price in 90 days from now is about 77.56 (This Cloudflare probability density function shows the probability of Cloudflare Stock to fall within a particular range of prices over 90 days) .
Cloudflare Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cloudflare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cloudflare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cloudflare's value.| Instituion | Recorded On | Shares | |
| Ing Investment Management Llc | 2023-12-31 | 3 M | |
| 1832 Asset Management L.p | 2023-12-31 | 2.9 M | |
| Norges Bank | 2023-12-31 | 2.7 M | |
| Citadel Advisors Llc | 2023-09-30 | 2.6 M | |
| Gilder Gagnon Howe & Co Llc | 2023-12-31 | 2.5 M | |
| Franklin Resources Inc | 2023-12-31 | 2.4 M | |
| Two Sigma Investments Llc | 2023-12-31 | 2.1 M | |
| Two Sigma Advisers, Llc | 2023-12-31 | 2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.8 M | |
| Baillie Gifford & Co Limited. | 2023-12-31 | 30.9 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 30.4 M |
Cloudflare Historical Income Statement
Cloudflare Income Statement is one of the three primary financial statements used for reporting Cloudflare's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cloudflare revenue and expense. Cloudflare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cloudflare's Research Development is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 322.4 M in 2024, despite the fact that Operating Income is likely to grow to (176.2 M). View More FundamentalsCloudflare Stock Against Markets
Picking the right benchmark for Cloudflare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cloudflare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cloudflare is critical whether you are bullish or bearish towards Cloudflare at a given time. Please also check how Cloudflare's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cloudflare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cloudflare Corporate Management
Elected by the shareholders, the Cloudflare's board of directors comprises two types of representatives: Cloudflare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cloudflare. The board's role is to monitor Cloudflare's management team and ensure that shareholders' interests are well served. Cloudflare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cloudflare's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Underwood | Chief Officer | Profile | |
| Lee Holloway | Co-Founder | Profile | |
| Darth SriBear | Systems Reliability Engineer | Profile | |
| John | Chief Officer | Profile | |
| Douglas Kramer | General Counsel, Secretary | Profile |
How to buy Cloudflare Stock?
Before investing in Cloudflare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cloudflare. To buy Cloudflare stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cloudflare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cloudflare stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cloudflare stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cloudflare stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cloudflare, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cloudflare Stock please use our How to Invest in Cloudflare guide.
Already Invested in Cloudflare?
The danger of trading Cloudflare is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cloudflare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cloudflare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cloudflare is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cloudflare is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cloudflare Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cloudflare Stock. Highlighted below are key reports to facilitate an investment decision about Cloudflare Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Cloudflare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Cloudflare Stock please use our How to Invest in Cloudflare guide.Note that the Cloudflare information on this page should be used as a complementary analysis to other Cloudflare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Cloudflare Stock analysis
When running Cloudflare's price analysis, check to measure Cloudflare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cloudflare is operating at the current time. Most of Cloudflare's value examination focuses on studying past and present price action to predict the probability of Cloudflare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cloudflare's price. Additionally, you may evaluate how the addition of Cloudflare to your portfolios can decrease your overall portfolio volatility.
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Is Cloudflare's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cloudflare. If investors know Cloudflare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cloudflare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.55) | Revenue Per Share 3.886 | Quarterly Revenue Growth 0.32 | Return On Assets (0.04) | Return On Equity (0.27) |
The market value of Cloudflare is measured differently than its book value, which is the value of Cloudflare that is recorded on the company's balance sheet. Investors also form their own opinion of Cloudflare's value that differs from its market value or its book value, called intrinsic value, which is Cloudflare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cloudflare's market value can be influenced by many factors that don't directly affect Cloudflare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cloudflare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cloudflare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cloudflare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.