Cloudflare (NYSE:NET) Issues Q1 2025 Earnings Guidance

Cloudflare (NYSE:NET) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.160-0.160 for the period, compared to the consensus earnings per share 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.

Cloudflare Trading Up 17.9 %

NET stock opened at $166.88 on Friday. Cloudflare has a twelve month low of $66.24 and a twelve month high of $171.38. The company has a debt-to-equity ratio of 1.32, a current ratio of 3.37 and a quick ratio of 3.37. The firm has a 50 day simple moving average of $117.55 and a 200-day simple moving average of $96.24.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NET shares. UBS Group boosted their price target on Cloudflare from $130.00 to $165.00 and gave the company a “neutral” rating in a report on Friday. JMP Securities increased their target price on shares of Cloudflare from $135.00 to $180.00 and gave the stock a “market outperform” rating in a report on Friday. Morgan Stanley raised their price target on shares of Cloudflare from $130.00 to $140.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price objective on shares of Cloudflare from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Oppenheimer cut shares of Cloudflare from an “outperform” rating to a “market perform” rating in a report on Friday. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $128.48.

Insider Activity

In other Cloudflare news, insider Douglas James Kramer sold 2,481 shares of Cloudflare stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $131.66, for a total value of $326,648.46. Following the transaction, the insider now owns 175,688 shares in the company, valued at approximately $23,131,082.08. The trade was a 1.39 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Thomas J. Seifert sold 15,000 shares of Cloudflare stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $109.90, for a total transaction of $1,648,500.00. Following the completion of the transaction, the chief financial officer now owns 252,869 shares in the company, valued at approximately $27,790,303.10. This trade represents a 5.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 633,738 shares of company stock worth $69,632,506 over the last 90 days. 12.83% of the stock is currently owned by company insiders.

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.