# Cloudflare, Inc. – Consensus ‘buy’ rating and 22.9% Upside Potential

- Link: https://www.directorstalkinterviews.com/cloudflare-inc.consensus-buy-rating-and-22.9-upside-potential/4121160533
- Published: 2024-06-17T14:40:18+01:00
- Author: Charlotte Edwards

**Cloudflare, Inc.** which can be found using ticker (NET) now have 28 analysts 
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $135.00 and $50.00
calculating the mean target price we have $90.33. Given that the stocks previous
close was at $73.51 this now indicates there is a potential upside of 22.9%. Also
worth taking note is the 50 day moving average now sits at $79.76 and the 200 day
MA is $78.33. The company has a market cap of 25.68B. The current share price for
the company is: $75.59 USD

 The potential market cap would be $31,561,986,498 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 $4.13 and
a -4.41% 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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