Cloudflare Inc NET

Morningstar Rating
$325.73 +22.12 (7.29%)
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Company Report

Cloudflare Is an Infrastructure Player With Plays in Security as Well as Agentic AI Deployments

Security-focused content delivery network, or CDN, Cloudflare stands to benefit from continued growth in cybersecurity spending. Currently, more than 20% of global internet traffic goes through Cloudflare’s network, with more than one-third of all websites in the world using Cloudflare. Cybersecurity remains a critical priority for firms across the globe as the frequency and intensity of cyber attacks continue to increase. However, we think Cloudflare is capable of much more than security, and we view edge computing, and increasingly, artificial intelligence infrastructure, as a major opportunity for the firm.

Price vs Fair Value

NET is trading at a LOCK|qfvnPz premium.
Price
$325.73
Fair Value
$%L
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Cloudflare has strong tailwinds behind its back as edge computing and inference-on-the-edge become more prevalent.

Bears

Cloudflare is in direct competition with well-established, far larger incumbents such as Amazon, Microsoft, and Google in the edge computing space.

News

Articles & Videos

Trading Information

Previous Close Price
$303.61
Day Range
$299.27–328.00
52-Week Range
$158.83–370.35
Bid/Ask
$327.00 / $328.00
Shares Outstanding
356.08M
Market Cap
$115.99B
Volume/Avg
4M / 3M

Key Statistics

Price/Earnings (Normalized)
298.83
Price/Sales
45.62
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
—

Company Profile

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm’s edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Large Growth
Total Number of Employees
5,483

Competitors

Valuation

Metric
NET
AKAM
ZS
Price/Earnings (Normalized)
298.8313.5660.18
Price/Book Value
71.572.8316.01
Price/Sales
45.623.2212.19
Price/Cash Flow
164.128.2633.31
Price/Earnings
NET
AKAM
ZS

Financial Strength

Metric
NET
AKAM
ZS
Quick Ratio
1.761.521.56
Current Ratio
1.821.641.70
Interest Coverage
−30.6614.29−41.25
Quick Ratio
NET
AKAM
ZS

Profitability

Metric
NET
AKAM
ZS
Return on Assets (Normalized)
6.85%8.51%10.16%
Return on Equity (Normalized)
28.59%21.27%32.18%
Return on Invested Capital (Normalized)
5.87%8.77%14.87%
Return on Assets
NET
AKAM
ZS

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