Cloudflare (NYSE:NET) Issues Q1 2025 Earnings Guidance

Cloudflare (NYSE:NET) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.160-0.160 for the period, compared to the consensus estimate of 0.180. The company issued revenue guidance of $468.0 million-$469.0 million, compared to the consensus revenue estimate of $474.1 million. Cloudflare also updated its FY 2025 guidance to 0.790-0.800 EPS.

Analysts Set New Price Targets

NET has been the topic of several analyst reports. Guggenheim increased their price target on shares of Cloudflare from $57.00 to $68.00 and gave the stock a “sell” rating in a research note on Friday. Royal Bank of Canada increased their target price on shares of Cloudflare from $123.00 to $170.00 and gave the stock an “outperform” rating in a research report on Friday. Wells Fargo & Company boosted their price target on Cloudflare from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Monday, January 27th. The Goldman Sachs Group upped their price target on Cloudflare from $140.00 to $183.00 and gave the stock a “buy” rating in a research note on Friday. Finally, Citigroup raised Cloudflare from a “neutral” rating to a “buy” rating and raised their price objective for the company from $95.00 to $145.00 in a research note on Friday, January 17th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, Cloudflare has an average rating of “Hold” and a consensus price target of $128.48.

Cloudflare Price Performance

Shares of NYSE:NET opened at $166.88 on Friday. The business’s fifty day moving average price is $117.55 and its two-hundred day moving average price is $96.24. Cloudflare has a fifty-two week low of $66.24 and a fifty-two week high of $171.38. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 1.32.

Cloudflare (NYSE:NET) last announced its earnings results on Thursday, February 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.21). Cloudflare had a negative return on equity of 5.52% and a negative net margin of 4.72%. Sell-side analysts anticipate that Cloudflare will post -0.04 earnings per share for the current year.

Insider Activity

In other Cloudflare news, COO Michelle Zatlyn sold 35,118 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $105.30, for a total transaction of $3,697,925.40. Following the sale, the chief operating officer now owns 172,959 shares of the company’s stock, valued at $18,212,582.70. This represents a 16.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Thomas J. Seifert sold 15,000 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $136.63, for a total transaction of $2,049,450.00. Following the sale, the chief financial officer now directly owns 252,869 shares in the company, valued at approximately $34,549,491.47. This represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 633,738 shares of company stock worth $69,632,506. Insiders own 12.83% of the company’s stock.

Cloudflare Company Profile

Cloudflare, Inc operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.