Cloudflare Announces Second Quarter 2024 Financial Results
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August 2, 2024 6:38 AM EDT
Cantor Fitzgerald analyst Yi Fu Lee raised the price target on Cloudflare Inc. (NYSE: NET) to $85.00 (from $80.00) while maintaining a Neutral rating.
The analyst comments "Investment Summary. We are maintaining our Neutral rating and adjusting our 12-month Price Target from $80 to $85, based on solid execution... More
August 2, 2024 6:24 AM EDT
RBC Capital analyst Matt Hedberg raised the price target on Cloudflare Inc. (NYSE: NET) to $99.00 (from $90.00) while maintaining a Outperform rating.
The analyst comments "Cloudflare delivered an impressive quarter in what continues to be an uneven macro, highlighted by a... More
August 1, 2024 4:25 PM EDT
(Updated - August 1, 2024 4:36 PM EDT)
Cloudflare (NYSE: NET) reported Q2 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $401 million versus the consensus estimate of $394.11 million.
GUIDANCE:
Cloudflare sees Q3 2024 EPS of $0.18, versus... More
