
Cloudflare (NET) Stock Forecast & Price Target
Cloudflare (NET) Analyst Ratings
Bulls say
Cloudflare has demonstrated significant growth, with annual contract value (ACV) for Cloudflare One increasing by 43% year-over-year and for Workers/Developers by 76% year-over-year, indicating strong demand across its product offerings. The company is experiencing robust expansion in its large enterprise accounts, particularly those exceeding $100,000 in annual recurring revenue (ARR), bolstered by initiatives aimed at enhancing sales productivity and a substantial 40% increase in its sales pipeline. Additionally, the ongoing ramp-up of account executives and improvements in sales efficiency are expected to contribute to continued revenue growth and enhanced profit margins in the upcoming quarters.
Bears say
The analysis highlights a negative outlook for Cloudflare's stock due to its elevated enterprise value-to-sales (EV/Sales) ratio, which exceeds 10x and has been more sensitive to recent market pressures compared to lower valuation stocks. Additionally, the company's joint venture with JD faces potential setbacks stemming from ongoing trade discussions, which could significantly restrict Cloudflare’s access to the Chinese internet market, leading to a loss of customers and revenue. Furthermore, potential risks such as significant downtime could harm both the company's financial performance and its reputation in the competitive landscape.
This aggregate rating is based on analysts' research of Cloudflare and is not a guaranteed prediction by Public.com or investment advice.
Cloudflare (NET) Analyst Forecast & Price Prediction
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