Cloudflare Inc (NYSE:NET) price on current trading day, rose 1.63% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $124.61.
A look at the stock’s price movement, the level at last check in today’s session was $122.61, moving within a range at $124.03 and $125.71. The beta value (5-Year monthly) was 1.594. Turning to its 52-week performance, $177.37 and $66.24 were the 52-week high and 52-week low respectively. Overall, NET moved 4.23% over the past month.
Cloudflare Inc’s market cap currently stands at around $43.25 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NET is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
18 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 10 analyst(s) rate the stock as a Hold, 7 recommend NET as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
NET’s current price about 12.07% and 3.56% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 59.51, while 7-day volatility ratio is 2.93% and 6.40% in the 30-day chart. Further, Cloudflare Inc (NET) has a beta value of 1.75, and an average true range (ATR) of 6.44. Analysts have given the company’s stock an average 52-week price target of $135, forecast between a low of $92 and high of $140. Looking at the price targets, the low is 26.17% off recent price level in today’s trading while to achieve the yearly target high, it has to move -12.35%. Nonetheless, investors will most likely welcome a -8.34% jump to $135 which is the analysts’ median price.
If we refocus on Cloudflare Inc (NYSE:NET), historical trading data shows that trading volumes averaged 2.52 over the past 10 days and 4.15 million over the past 3 months. The company’s latest data on shares outstanding shows there are 307.89 million shares.
The 12.44% of Cloudflare Inc’s shares are in the hands of company insiders while institutional holders own 76.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.97 million on 2025-04-15, giving us a short ratio of 1.52. The data shows that as of 2025-04-15 short interest in Cloudflare Inc (NET) stood at 217.0 of shares outstanding, with shares short falling to 7.75 million registered in 2025-03-14. Current price change has pushed the stock 15.72% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NET stock continues to rise going into the next quarter.
