Cloudflare Inc (NYSE:NET) shares traded 0.68% higher at $171.97 on Wall Street last session.
NET stock price is now 24.55% away from the 50-day moving average and 47.80% away from the 200-day moving average. The market capitalization of the company currently stands at $59.61B.
On April 16, 2025, Mizuho Upgraded its previous ‘Neutral’ rating to ‘Outperform’ on the stock keeping its target price maintained at $135, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Prince Matthew, CEO & Board Co-Chair sold 52,384 shares of the company’s stock on Jun 11 ’25. The stock was sold for $9,409,824 at an average price of $179.63. Upon completion of the transaction, the CEO & Board Co-Chair now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’25, CEO & Board Co-Chair Prince Matthew sold 52,384 shares of the business’s stock. A total of $9,239,781 was realized by selling the stock at an average price of $176.39. A total of 12.20% of the company’s stock is owned by insiders.
During the past 12 months, Cloudflare Inc has had a low of $69.26 and a high of $181.81. As of last week, the company has a debt-to-equity ratio of 1.04, a current ratio of 3.20, and a quick ratio of 3.20. The fifty day moving average price for NET is $138.071 and a two-hundred day moving average price translates $116.35445 for the stock.
The latest earnings results from Cloudflare Inc (NYSE: NET) was released for 2025-03-31. The net profit margin was -4.62% and return on equity was -7.35% for NET. The company reported revenue of $479.09 million for the quarter, compared to $378.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 26.54 percent.
