# Cloudflare, Inc. – Consensus ‘hold’ rating and -7.3% Downside Potential

- Link: https://www.directorstalkinterviews.com/cloudflare-inc.consensus-hold-rating-and-7.3-downside-potential/4121133444
- Published: 2023-11-20T15:48:36+00:00
- Author: Charlotte Edwards

**Cloudflare, Inc.** which can be found using ticker (NET) now have 24 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
range between the high target price and low target price is between $85.00 and $
45.00 calculating the mean target price we have $65.54. Now with the previous closing
price of $70.70 this now indicates there is a potential downside of -7.3%. It’s 
also worth noting that there is a 50 day moving average of $61.88 and the 200 moving
average now moves to $61.38. The total market capitalization for the company now
stands at 24.41B. The current stock price for Microsoft Corporation is currently
$72.69 USD

 The potential market cap would be $22,625,916,558 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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