Cantor Fitzgerald Weighs in on Cloudflare FY2025 Earnings

Cloudflare, Inc. (NYSE:NET) – Equities research analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Cloudflare in a research note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey expects that the company will post earnings per share of $0.02 for the year. Cantor Fitzgerald has a “Neutral” rating and a $111.00 price objective on the stock. The consensus estimate for Cloudflare’s current full-year earnings is ($0.10) per share.

Cloudflare (NYSE:NET) last released its earnings results on Thursday, November 7th. The company reported ($0.03) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.03). Cloudflare had a negative net margin of 5.97% and a negative return on equity of 7.18%. The business had revenue of $430.08 million for the quarter, compared to analysts’ expectations of $423.65 million.

Several other equities research analysts have also commented on NET. Scotiabank upped their price target on Cloudflare from $87.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Tuesday. BNP Paribas began coverage on shares of Cloudflare in a report on Tuesday, October 8th. They issued an “underperform” rating and a $65.00 price target on the stock. Stifel Nicolaus upgraded Cloudflare from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $95.00 to $136.00 in a research note on Tuesday, December 17th. Citigroup raised shares of Cloudflare from a “neutral” rating to a “buy” rating and raised their price target for the company from $95.00 to $145.00 in a report on Friday, January 17th. Finally, Piper Sandler lifted their target price on Cloudflare from $83.00 to $92.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Cloudflare has an average rating of “Hold” and a consensus target price of $108.32.

Cloudflare Stock Up 0.6 %

Shares of NYSE NET opened at $123.89 on Wednesday. The stock has a market capitalization of $42.52 billion, a PE ratio of -476.49 and a beta of 1.10. The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 1.32. The firm has a fifty day moving average of $109.35 and a 200-day moving average of $92.22. Cloudflare has a 52-week low of $66.24 and a 52-week high of $124.64.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Hartline Investment Corp grew its position in Cloudflare by 7.6% in the 3rd quarter. Hartline Investment Corp now owns 260,379 shares of the company’s stock valued at $21,062,000 after buying an additional 18,426 shares in the last quarter. WIM INVESTMENT MANAGEMENT Ltd acquired a new stake in shares of Cloudflare in the 3rd quarter worth approximately $25,588,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of Cloudflare by 2.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,157,815 shares of the company’s stock valued at $93,656,000 after acquiring an additional 29,960 shares in the last quarter. National Pension Service increased its stake in shares of Cloudflare by 0.9% during the third quarter. National Pension Service now owns 471,923 shares of the company’s stock valued at $38,174,000 after acquiring an additional 4,062 shares during the period. Finally, Susquehanna Fundamental Investments LLC bought a new stake in Cloudflare during the second quarter worth approximately $7,319,000. 82.68% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Matthew Prince sold 52,384 shares of Cloudflare stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $95.59, for a total transaction of $5,007,386.56. Following the sale, the chief executive officer now owns 192,177 shares of the company’s stock, valued at approximately $18,370,199.43. The trade was a 21.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Thomas J. Seifert sold 31,136 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $120.10, for a total value of $3,739,433.60. Following the transaction, the chief financial officer now owns 252,869 shares of the company’s stock, valued at approximately $30,369,566.90. This represents a 10.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 589,852 shares of company stock worth $63,169,052 in the last three months. 12.83% of the stock is owned by insiders.

About Cloudflare

Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.