Cloudflare (NYSE:NET) Issues FY 2025 Earnings Guidance

Cloudflare (NYSE:NET) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.790-0.800 for the period, compared to the consensus EPS 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.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. 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 report on Monday, February 3rd. Citigroup upgraded Cloudflare from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $95.00 to $145.00 in a report on Friday, January 17th. Wells Fargo & Company boosted their target price on Cloudflare from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. JMP Securities boosted their target price on Cloudflare from $135.00 to $180.00 and gave the stock a “market outperform” rating in a report on Friday. Finally, Needham & Company LLC upped their target price on Cloudflare from $110.00 to $160.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $128.48.

Cloudflare Price Performance

NYSE:NET opened at $166.88 on Friday. The stock 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 announced 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 return on equity of 5.52% and a negative net margin of 4.72%. Equities analysts expect that Cloudflare will post -0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Cloudflare

In related news, CFO Thomas J. Seifert sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $136.63, for a total transaction of $2,049,450.00. Following the completion of the sale, the chief financial officer now owns 252,869 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Douglas James Kramer sold 2,481 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $131.66, for a total transaction of $326,648.46. Following the completion of the transaction, the insider now owns 175,688 shares of the company’s stock, valued at approximately $23,131,082.08. The trade was a 1.39 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 633,738 shares of company stock valued at $69,632,506. Insiders own 12.83% of the company’s stock.

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.