
Cloudflare (NET) Stock Forecast & Price Target
Cloudflare (NET) Analyst Ratings
Bulls say
Cloudflare is expected to experience significant growth, driven by a 43% year-over-year increase in Annual Contract Value (ACV) for its Cloudflare One offering, and a remarkable 76% year-over-year increase for its Workers platform. The company's strategic investments in sales and marketing, combined with improvements in sales productivity and a growing sales pipeline, are set to bolster revenue and enhance overall margins. Additionally, there is notable strength in large enterprise accounts, with a robust increase in accounts exceeding $100,000 in Annual Recurring Revenue (ARR), suggesting a positive trajectory for Cloudflare's financial performance.
Bears say
Cloudflare faces significant valuation risk as its stock, which carries an elevated EV/Sales multiple above 10x, has been adversely affected by the broader market sentiment towards high-growth companies with delayed profitability timelines. The firm's potential joint venture with JD is at risk due to ongoing trade tensions, which may restrict Cloudflare's access to the Chinese internet market, leading to a possible decline in customer base and revenue. Additionally, the company's reliance on sales productivity and capacity may not meet expectations, further dampening its financial prospects.
This aggregate rating is based on analysts' research of Cloudflare and is not a guaranteed prediction by Public.com or investment advice.
Cloudflare (NET) Analyst Forecast & Price Prediction
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