Cloudflare, Inc. (NET) Stock

About Cloudflare, Inc.

Cloudflare, Inc. functions as a global provider of cloud-based services. The company delivers a comprehensive, integrated cloud security platform designed to safeguard a diverse array of digital environments, encompassing public and private clouds, on-premises infrastructure, Software-as-a-Service (SaaS) applications, and Internet of Things (IoT) devices. Its security portfolio features tools such as cloud firewalls, bot mitigation, distributed denial-of-service (DDoS) protection, IoT security, SSL/TLS encryption, secure origin connections, and rate limiting capabilities. Beyond security, Cloudflare also boosts online performance through services like content delivery networks (CDNs), intelligent routing, and various content, mobile, and image optimization tools. For enhanced reliability and availability, it provides solutions such as load balancing, its proprietary Anycast network, a virtual backbone, DNS services, DNS resolvers, and virtual waiting rooms. Furthermore, the company offers internal infrastructure tools, including "on-ramps" that facilitate seamless connections for users, devices, or locations to its expansive network, alongside "filters" engineered for data protection, inspection, and access management. Developer-centric solutions encompass serverless computing, programmable networks, website creation, domain registration, a suite of Cloudflare applications, advanced analytics, and data localization management. For individual consumers, Cloudflare provides a DNS Resolver application to improve internet browsing and a Consumer VPN to secure and speed up mobile device traffic. Its clientele spans a broad spectrum of industries, including technology, healthcare, financial services, consumer and retail, non-profit organizations, and government agencies. Established in 2009, Cloudflare, Inc. is headquartered in San Francisco, California.

Cloudflare, Inc. is led by CEO Matthew Prince, employs 4,400 people, headquartered in San Francisco, US, publicly traded since 2019.

Cloudflare, Inc. (NET) stock trades at $270.37 with a market capitalization of $95.97B. The stock is valued at a price-to-earnings (P/E) ratio of 133.42, price-to-book of 47.29, price-to-sales of 35.27. Over the past 52 weeks the stock has ranged between $117.08 and $286.82, and currently trades 5.7% below its 52-week high.

On profitability, Cloudflare, Inc. generates a return on equity (ROE) of -8.16%, return on capital employed of -14.19%, an operating margin of -9.36%, a net profit margin of -3.72%.

In its most recent fiscal year, Cloudflare, Inc. reported annual revenue of $2.2B, net profit of $-102.0M, revenue has compounded at 38.1% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 2.31 — a leveraged balance sheet worth monitoring, a current ratio of 1.98, total assets of $6.0B, $944.0M in cash and equivalents.

NET has an average daily trading volume of 3,977,111 shares, a beta of 1.67 (more volatile than the overall market).

Official website: www.cloudflare.com