Cloudflare (NYSE:NET) Updates FY 2025 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.790-0.800 for the period, compared to the consensus earnings per share estimate of 0.850. The company issued revenue guidance of $2.1 billion-$2.1 billion, compared to the consensus revenue estimate of $2.1 billion. Cloudflare also updated its Q1 2025 guidance to 0.160-0.160 EPS.

Cloudflare Stock Performance

NET stock opened at $166.88 on Friday. The company has a fifty day moving average price of $117.55 and a 200 day moving average price of $96.24. Cloudflare has a 12 month low of $66.24 and a 12 month high of $171.38. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 1.32.

Cloudflare (NYSE:NET) last released its quarterly earnings results on Thursday, February 6th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.18 by ($0.21). Cloudflare had a negative net margin of 4.72% and a negative return on equity of 5.52%. Equities research analysts anticipate that Cloudflare will post -0.04 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have weighed in on NET. Cantor Fitzgerald lifted their target price on Cloudflare from $111.00 to $149.00 and gave the company a “neutral” rating in a research note on Friday. Guggenheim boosted their price objective on shares of Cloudflare from $57.00 to $68.00 and gave the company a “sell” rating in a research note on Friday. Morgan Stanley boosted their price objective on shares of Cloudflare from $130.00 to $140.00 and gave the company an “overweight” rating in a research note on Tuesday, January 21st. Robert W. Baird reissued a “neutral” rating and set a $140.00 price target (up from $125.00) on shares of Cloudflare in a report on Monday, February 3rd. Finally, Piper Sandler increased their price target on shares of Cloudflare from $92.00 to $153.00 and gave the stock a “neutral” rating in a report on Friday. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, Cloudflare presently has an average rating of “Hold” and a consensus price target of $128.48.

Insider Buying and Selling at Cloudflare

In other news, CFO Thomas J. Seifert sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $136.63, for a total value of $2,049,450.00. Following the completion of the transaction, the chief financial officer now owns 252,869 shares of the company’s stock, valued at $34,549,491.47. The trade was a 5.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $95.59, for a total transaction of $5,007,386.56. Following the completion of the transaction, the chief executive officer now directly owns 192,177 shares of the company’s stock, valued at approximately $18,370,199.43. This represents a 21.42 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 633,738 shares of company stock worth $69,632,506. 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.