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Added to YB: 2025-01-20

Pitch date: 2025-01-17

NET [bullish]

Cloudflare, Inc.

+69.75%

current return

Author Info

No bio for this author

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

$119.26

Price Target

145.00 (-28%)

Dividend

N/A

EV/EBITDA

5.5K

P/E

-660.07

EV/Sales

33.87

Sector

IT Services

Category

growth

Show full summary:
Citi Believes in Cloudflare’s Growth Story, Raises PT to $145

NET: Citi upgrades to Buy, $145 PT. GenAI winner, Apple deal, new leadership. 27-30% rev growth, $5B by 2028. High valuation (15x EV/S'26, 114x EV/FCF'26) but strong growth potential. Risks: lofty valuation premium.

Read full article (1 min)