# Cloudflare, Inc. – Consensus ‘buy’ rating and 13.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/cloudflare-inc.consensus-buy-rating-and-13.9-upside-potential/4121126397
- Published: 2023-08-30T11:37:47+01:00
- Author: Charlotte Edwards

**Cloudflare, Inc.** with ticker code (NET) now have 24 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The range between
the high target price and low target price is between 90 and 43 calculating the 
mean target price we have $70.42. Given that the stocks previous close was at $61.83
this would imply there is now a potential upside of 13.9%. It’s also worth noting
that there is a 50 day moving average of $64.94 and the 200 day MA is $57.08. The
market cap for the company is 20.66B. The current share price for the company is:
63.23 USD

 The potential market cap would be $23,535,633,824 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of -, revenue per share of 3.42 and
a -4.9% return on assets.

Cloudflare, Inc. is a global cloud services provider that delivers a range of services
to businesses of all sizes and in all geographies. The Company’s network serves 
as a scalable, unified control plane to deliver security, performance, and reliability
across on-premise, hybrid, cloud, and software-as-a-service (SaaS) applications.
Its integrated suite of products consists of solutions for an organization’s external-
facing infrastructure, such as Websites, applications, and application programming
interfaces (APIs) to deliver security, performance, and reliability; solutions to
serve an organization’s internal resources, such as Internal networks and devices;
developer-based solutions, and consumer offerings. Its security products include
Web Application Firewall, Bot Management, Distributed Denial of Service (DDoS), 
API Gateway, SSL/TLS Encryption, and Secure Origin Connection. Its performance products
include Content Delivery, Intelligent Routing, Content Optimization, and Others.

Share on: