Professional
Added to YB: 2025-01-02
Pitch date: 2025-01-02
NET [bullish]
Cloudflare, Inc.
+78.52%
current return
Author Info
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Company Info
Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.
Market Cap
$68.7B
Pitch Price
$113.40
Price Target
140.00 (-31%)
Dividend
N/A
EV/EBITDA
5.5K
P/E
-660.07
EV/Sales
33.87
Sector
IT Services
Category
N/A
Show full summary:
Goldman Sachs Upgrades Cloudflare (NET) to Buy with $140 Price Target
NET: GS upgrades to Buy, $140 PT. Previous Sell thesis based on post-COVID growth slowdown & delayed progress in SASE/enterprise. Stock +59% since Feb '23, underperforming NASDAQ. '24/'25 rev est. down 7%/13%. Sales reorg for FCF boost, new leadership hires fuel optimism.
Read full article (1 min)