Beyond The Numbers: 5 Analysts Discuss Cloudflare Stock
Portfolio Pulse from Benzinga Insights
Over the past three months, 5 analysts have provided diverse ratings for Cloudflare (NYSE:NET), with recent updates showing a mix of 'Overweight', 'Equal-Weight', and 'Neutral' stances. The average 12-month price target for NET is now $66.8, up from $60.40, with a high estimate of $94.00 and a low of $55.00. Key analysts from firms like Keybanc and Morgan Stanley have adjusted their price targets and ratings, reflecting their latest views on the company's performance. Cloudflare's financials show a market cap above industry averages, a revenue growth rate of 32.2%, a net margin of -7.01%, an ROE of -3.51%, an ROA of -0.92%, and a debt-to-equity ratio of 2.03.
January 18, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cloudflare has received mixed analyst ratings with an updated average 12-month price target of $66.8. Financial indicators show strong market presence and revenue growth, but also a negative net margin and ROE.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on NET's stock price. The positive revenue growth is offset by concerns over profitability, as indicated by the negative net margin and ROE. The high relevance score is due to the direct mention of Cloudflare and detailed analyst ratings. The importance is high as analyst ratings can influence investor sentiment, but not at the maximum because the ratings are mixed. The confidence level is high due to the clear data provided but not at the maximum due to the inherent uncertainty of market reactions to analyst ratings.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100