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Cloudflare (NYSE:NET) Q4: Beats On Revenue, Stock Jumps 20.2%

Internet security and content delivery network Cloudflare (NYSE:NET) beat analysts' expectations in Q4 FY2023, with revenue up 32% year on year to $362.5 million. The company expects next quarter's revenue to be around $373 million, in line with analysts' estimates. It made a non-GAAP profit of $0.15 per share, improving from its profit of $0.06 per share in the same quarter last year. ....

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Cloudflare, Inc. (NYSE:NET) Given Consensus Rating of "Hold" by Brokerages

Shares of Cloudflare, Inc. (NYSE:NET – Get Free Report) have received a consensus rating of “Hold” from the twenty-one research firms that are presently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and ten have given a buy recommendation to the […] ....

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JMP Securities Increases Cloudflare (NYSE:NET) Price Target to $90.00

Cloudflare (NYSE:NET – Free Report) had its target price increased by JMP Securities from $75.00 to $90.00 in a research note published on Wednesday morning, Benzinga reports. The firm currently has a market outperform rating on the stock. Several other brokerages have also recently weighed in on NET. Susquehanna began coverage on shares of Cloudflare […] ....

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Banque Cantonale Vaudoise Sells 908 Shares of Cloudflare, Inc. (NYSE:NET)

Banque Cantonale Vaudoise lowered its stake in shares of Cloudflare, Inc. (NYSE:NET – Free Report) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,027 shares of the company’s stock after selling 908 shares during the period. Banque Cantonale Vaudoise’s holdings […] ....

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