# Cloudflare, Inc. – Consensus ‘buy’ rating and -15.3% Downside Potential

- Link: https://www.directorstalkinterviews.com/cloudflare-inc.consensus-buy-rating-and-15.3-downside-potential/4121134942
- Published: 2023-12-01T12:49:59+00:00
- Author: Charlotte Edwards

**Cloudflare, Inc.** with ticker code (NET) have now 25 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 $85.00 and $45.00 and has 
a mean target at $66.32. Given that the stocks previous close was at $78.31 this
now indicates there is a potential downside of -15.3%. The 50 day moving average
now sits at $63.40 and the 200 day moving average is $61.91. The company has a market
capitalization of 25.90B. The stock price for the company is currently is currently
$77.15 USD

 The potential market cap would be $21,938,539,116 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 $3.65 and
a -4.66% 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.

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