Cloudflare (NYSE:NET) Issues Q1 2025 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.160-0.160 for the period, compared to the consensus 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

A number of brokerages recently commented on NET. Royal Bank of Canada increased their price target on shares of Cloudflare from $99.00 to $123.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Mizuho lifted their target price on Cloudflare from $102.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Jefferies Financial Group increased their price target on Cloudflare from $100.00 to $125.00 and gave the company a “hold” rating in a report on Thursday, December 19th. Oppenheimer downgraded Cloudflare from an “outperform” rating to a “market perform” rating in a research report on Friday. Finally, Baird R W downgraded shares of Cloudflare from a “strong-buy” rating to a “hold” rating in a research note on Monday. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $112.32.

Cloudflare Stock Performance

Shares of Cloudflare stock opened at $141.25 on Friday. The company has a market capitalization of $48.47 billion, a PE ratio of -543.25 and a beta of 1.12. The company has a 50-day simple moving average of $116.71 and a two-hundred day simple moving average of $95.92. Cloudflare has a one year low of $66.24 and a one year high of $144.30. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.37 and a current ratio of 3.37.

Cloudflare (NYSE:NET) last posted its earnings results 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%. Research analysts expect that Cloudflare will post -0.1 EPS for the current fiscal year.

Insider Buying and Selling

In other Cloudflare news, CFO Thomas J. Seifert sold 28,635 shares of the firm’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $95.03, for a total value of $2,721,184.05. Following the completion of the transaction, the chief financial officer now owns 252,869 shares of the company’s stock, valued at approximately $24,030,141.07. This trade represents a 10.17 % 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, CEO Matthew Prince sold 52,384 shares of the business’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $89.06, for a total transaction of $4,665,319.04. Following the sale, the chief executive officer now directly owns 192,177 shares in the company, valued at $17,115,283.62. This trade represents a 21.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 633,738 shares of company stock worth $69,632,506 in the last ninety days. 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.