Cloudflare (NYSE:NET) Updates Q1 2025 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.180. The company issued revenue guidance of $468.0 million-$469.0 million, compared to the consensus revenue estimate of $474.1 million. Cloudflare also updated its FY 2025 guidance to 0.790-0.800 EPS.

Analyst Upgrades and Downgrades

NET has been the subject of several analyst reports. Wells Fargo & Company increased their price objective on Cloudflare from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. UBS Group raised their price objective on Cloudflare from $88.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Robert W. Baird reaffirmed a “neutral” rating and set a $140.00 target price (up previously from $125.00) on shares of Cloudflare in a research note on Monday. Scotiabank boosted their price target on shares of Cloudflare from $87.00 to $110.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus raised shares of Cloudflare from a “hold” rating to a “buy” rating and increased their price objective for the stock from $95.00 to $136.00 in a research report on Tuesday, December 17th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to data from MarketBeat, Cloudflare presently has a consensus rating of “Hold” and a consensus target price of $112.32.

Cloudflare Stock Down 2.1 %

Shares of NET stock traded down $3.04 on Thursday, reaching $141.25. 6,620,979 shares of the stock were exchanged, compared to its average volume of 3,314,011. The company has a market capitalization of $48.47 billion, a price-to-earnings ratio of -543.25 and a beta of 1.12. The business’s 50 day moving average price is $116.71 and its 200 day moving average price is $95.92. 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 has a twelve month low of $66.24 and a twelve month high of $144.30.

Cloudflare (NYSE:NET) last released its quarterly earnings data on Thursday, February 6th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.21). Cloudflare had a negative net margin of 5.97% and a negative return on equity of 7.18%. As a group, sell-side analysts expect that Cloudflare will post -0.1 earnings per share for the current fiscal year.

Insider Transactions at Cloudflare

In other news, CFO Thomas J. Seifert sold 15,000 shares of the company’s stock in a transaction dated 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 sale, the chief financial officer now directly owns 252,869 shares of the company’s stock, valued at approximately $34,549,491.47. This represents a 5.60 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Douglas James Kramer sold 2,481 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $131.66, for a total value of $326,648.46. Following the completion of the transaction, the insider now owns 175,688 shares in the company, valued at $23,131,082.08. This trade represents a 1.39 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 633,738 shares of company stock worth $69,632,506. Corporate insiders own 12.83% of the company’s stock.

Cloudflare Company Profile

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.