Cloudflare Inc. (NET): Skating on Thin Ice? We Know the Answer

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Cloudflare Inc. (NYSE:NET) went down by -2.99% from its latest closing price compared to the recent 1-year high of $95.77. The company’s stock price has collected 6.46% of gains in the last five trading sessions. Press Release reported on 04/06/21 that Cloudflare Announces Date of First Quarter 2021 Financial Results

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Is It Worth Investing in Cloudflare Inc. (NYSE :NET) Right Now?

Opinions of the stock are interesting as 10 analysts out of 14 who provided ratings for Cloudflare Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


The average price from analysts is $100.38, which is $31.12 above the current price. NET currently public float of 94.85M and currently shorts hold a 13.28% ratio of that float. Today, the average trading volume of NET was 4.34M shares.

NET’s Market Performance

NET stocks went up by 6.46% for the week, with a monthly jump of 13.40% and a quarterly performance of -6.77%, while its annual performance rate touched 196.32%. The volatility ratio for the week stands at 4.49% while the volatility levels for the past 30 days are set at 5.39% for Cloudflare Inc.. The simple moving average for the period of the last 20 days is -1.55% for NET stocks with a simple moving average of 18.24% for the last 200 days.

Analysts’ Opinion of NET

Many brokerage firms have already submitted their reports for NET stocks, with Truist repeating the rating for NET by listing it as a “Buy.” The predicted price for NET in the upcoming period, according to Truist is $110 based on the research report published on March 24th of the current year 2021.

JP Morgan, on the other hand, stated in their research note that they expect to see NET reach a price target of $83. The rating they have provided for NET stocks is “Neutral” according to the report published on December 09th, 2020.

KeyBanc Capital Markets gave a rating of “Overweight” to NET, setting the target price at $87 in the report published on December 01st of the previous year.

NET Trading at -8.05% from the 50-Day Moving Average

After a stumble in the market that brought NET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.86% of loss for the given period.

Volatility was left at 5.39%, however, over the last 30 days, the volatility rate increased by 4.49%, as shares surge +0.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.38% lower at present.

During the last 5 trading sessions, NET rose by +6.46%, which changed the moving average for the period of 200-days by +94.58% in comparison to the 20-day moving average, which settled at $71.18. In addition, Cloudflare Inc. saw -7.82% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NET starting from Prince Matthew, who sale 52,384 shares at the price of $70.18 back on Mar 24. After this action, Prince Matthew now owns 0 shares of Cloudflare Inc., valued at $3,676,108 using the latest closing price.

Prince Matthew, the CEO & Chair of the Board of Cloudflare Inc., sale 52,384 shares at $72.82 during a trade that took place back on Mar 23, which means that Prince Matthew is holding 0 shares at $3,814,638 based on the most recent closing price.

Stock Fundamentals for NET

Current profitability levels for the company are sitting at:

  • -25.63 for the present operating margin
  • +76.56 for the gross margin

The net margin for Cloudflare Inc. stands at -27.69. The total capital return value is set at -11.15, while invested capital returns managed to touch -12.16. Equity return is now at value -15.00, with -9.60 for asset returns.

Based on Cloudflare Inc. (NET), the company’s capital structure generated 52.43 points at debt to equity in total, while total debt to capital is 34.40. Total debt to assets is 31.02, with long-term debt to equity ratio resting at 50.26. Finally, the long-term debt to capital ratio is 32.97.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

When we switch over and look at the enterprise to sales, we see a ratio of 51.44, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 8.37 and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.99.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.