Cloudflare, Inc. — NET
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $188.39 | $65.99B | - | 160.1 | N/A | 36.1% | - | 49.0 |
Latest Headlines
- · Jim Cramer Highlights Cloudflare as a Buy on Weakness
- · New Cloudflare Report Warns of a ‘Technical Glass Ceiling’ Stifling AI Growth and Weakening Cybersecurity
- · IO River Raises $20 Million to Accelerate Multi-Edge Adoption and Edge Decoupling
- · Stock Market Today, Jan. 12: CoreWeave Surges After CEO Rebuttal Restores Confidence in AI Cloud Model
- · Despite Valuation Concerns, Cloudflare (NET) Still Offers Strong Upside
- · RBC and Stifel Stay Bullish on Cloudfare (NET)
Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $431.1M | $-119.4M | $-0.40 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $656.4M | $-260.3M | $-0.83 | 52.3% | 118.1% | 107.5% |
| 2 | 2022-12-31 | $975.2M | $-193.4M | $-0.59 | 48.6% | -25.7% | -28.9% |
| 3 | 2023-12-31 | $1.3B | $-183.9M | $-0.55 | 33.0% | -4.9% | -6.8% |
| 4 | 2024-12-31 | $1.7B | $-78.8M | $-0.23 | 28.8% | -57.2% | -58.2% |
| 5 | TTM 2025-03-31 | $1.8B | $-81.7M | $-0.24 | 6.0% | 3.7% | 4.3% |
| 6 | Average | 33.7% | 6.8% | 3.6% |
EPS
Forecasts
Y/Y % Change
NET Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | 52.3% | 48.6% | 33.0% | 28.8% | 28.2% | 27.1% | 36.3% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 | |
| EPS Growth (%) | 118.1% | -25.7% | -4.9% | -57.2% | -504.5% | 29.7% | -74.1% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 8 | 8 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | R&D ($) | Sales & Marketing ($) | G&A ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|---|---|---|
| 2021 | $656.4M | $80.5M | $189.4M | $328.1M | $119.5M | $447.6M | $66.6M |
| 2022 | $975.2M | $130.3M | $298.3M | $465.8M | $179.8M | $645.5M | $102.3M |
| 2023 | $1.3B | $171.2M | $358.1M | $599.1M | $218.0M | $817.1M | $135.8M |
| 2024 | $1.7B | $251.0M | $421.4M | $745.8M | $278.5M | $1.0B | $127.7M |
| TTM | $2.0B | $325.9M | $490.8M | $861.6M | $354.4M | $1.2B | $173.4M |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | R&D Change (%) | Sales & Marketing Change (%) | G&A Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|---|---|---|
| 2022 | 48.57 | 61.78 | 57.49 | 41.97 | 50.43 | 44.23 | 53.64 |
| 2023 | 32.97 | 31.40 | 20.06 | 28.63 | 21.25 | 26.58 | 32.72 |
| 2024 | 28.76 | 46.61 | 17.66 | 24.48 | 27.78 | 25.36 | -5.96 |
| TTM | 20.59 | 29.83 | 16.48 | 15.53 | 27.23 | 18.71 | 35.77 |
No unmapped expenses.
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $5,562M |
| 1 | Cash | $1,519M |
| 2 | Total Liabilities | $4,323M |
| 3 | Total Debt | $3,462M |
| 4 | Total Equity | $1,240M |
| 5 | Debt to Equity Ratio | 2.79 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $188.39 | 4.1% | Nicks Growth: 20% Nick's Expected Margin: 20% FINVIZ Growth: 27% |
Nicks: 44 Finviz: 78 |
Nick's: 8.717 | 32.8 | - |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $5.75 Revenue | TTM | $50.10 | -73.4% | $89.94 | -52.3% |
| $0.91 EPS | 2025 | $39.66 | -78.9% | $71.19 | -62.2% |
| $1.18 EPS | 2026 | $51.43 | -72.7% | $92.32 | -51.0% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | – | 41.00% | – | 41.42% | – | 1.89% | – | 36.15% | – | 3.3% |
| 3 Years | – | 41.00% | – | 41.42% | – | 1.89% | – | 36.15% | – | 3.3% |
| 5 Years | – | 41.00% | – | 41.42% | – | 1.89% | – | 36.15% | – | 3.3% |
| 10 Years | – | 41.00% | – | 41.42% | – | 1.89% | – | 36.15% | – | 3.3% |