Cloudflare Inc
NET: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%W | LOCK|$@ | LOCK|<<b$x$H% |
Cloudflare Earnings: Upmarket and Channel Partner Momentum Drives Results; Shares Overvalued
Cloudflare reported solid second-quarter results, with sales growing 28% to $512 million and adjusted margin remaining flat at 14% as investments in artificial intelligence talent and infrastructure drove costs higher. Large accounts accounted for 71% of sales, up from 67% a year ago.
