Cloudflare Announces Fourth Quarter and Fiscal Year 2024 Financial Results
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Cloudflare Inc. (NET) PT Raised to $180 at Citi
February 7, 2025 9:12 AM ESTCiti analyst Fatima Boolani raised the price target on Cloudflare Inc. (NYSE: NET) to $180.00 (from $145.00) while maintaining a Buy rating.
The analyst comments "NET capped off CY24 with all the right ingredients, those validating why we recently moved off the sidelines: a remarkable... More
BTIG on Cloudflare Inc. (NET): 'shares trade at 21.0x 2026E EV/Sales, higher than anything else in our coverage'
February 7, 2025 4:57 AM ESTBTIG analyst Gray Powerll reiterated a Neutral rating on Cloudflare Inc. (NYSE: NET).
The analyst comments "NET delivered strong FQ424 results and the initial outlook for 2025 was in line with expectations. Specifically, NET posted revenue of $459.9MM / 26.9% y/y in Q424 vs. our and Street estimates of $452.0MM / 24.7%. Operating income of $67.2MM / 14.6% mgn. was also well above our estimate of $57.8MM (Street... More
