Commodity Channel Index
|Bid||63.80 x 1800|
|Ask||64.10 x 900|
|Day's Range||62.83 - 67.27|
|52 Week Range||37.37 - 80.99|
|Beta (5Y Monthly)||1.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2023 - Aug 07, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||57.52|
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Cloudflare (NET) closed the most recent trading day at $63.82, moving +1.11% from the previous trading session.
Shares of Cloudflare (NYSE: NET) are losing ground this week. On Monday, analysts at UBS published a report on Cloudflare that assigned a sell rating to the stock and stated that the market was overestimating the company's opportunities in artificial intelligence (AI). Cloudflare is a leading provider of edge-computing services that could play an important role in powering and distributing some generative AI services around the web.
The Dow Jones rose Wednesday morning, as Tesla stock raced higher, hitting a new 2023 high. Netflix stock jumped on price-target hikes.
The stock market as a whole had a pretty quiet month in May 2023. Cloud-based AI needs network security, where Cloudflare is a leader. Before we dive into what moved this trio of AI stocks higher in May, it should be noted that Cloudflare started from an unusually low level.
Shares of cybersecurity company Cloudflare (NYSE: NET) tumbled 2.1% through 11:50 a.m. ET on Monday morning. Bright and early Monday morning, Swiss investment bank UBS rolled out of bed. First thing it did after doing so was downgrade Cloudflare stock to "sell."
Get a comprehensive view of the future of investing in AI, through the lens of three industry leaders.
Shares of Cloudflare (NYSE: NET) ripped close to 18% higher this week, according to data from S&P Global Market Intelligence. For example, the company's R2 Storage product (yes, that is an explicit Star Wars reference) is reportedly being used as essential infrastructure for generative AI companies, according to a Cloudflare press release. CEO Matt Prince called Cloudflare "the first developer platform built for the age of AI" in the R2 press release.
This stock screen helps identify companies with increasing earnings estimates. Workday stock is in the buy zone after posting 58% quarterly earnings growth.
Snowflake (NYSE: SNOW) and Cloudflare (NYSE: NET) are both hypergrowth tech stocks that reached their all-time highs in November 2021. The bulls retreated from both hot stocks as their growth cooled off, the macro headwinds intensified, and rising interest rates popped their bubbly valuations. Snowflake and Cloudflare both provide cloud-based services, but they serve completely different markets.
In the fast-paced investing world, where popular tech stocks often hog the limelight, a realm of undervalued gems lies quietly beneath the surface presenting an enticing opportunity for investors before the wider market catches on. This article explores three of the best undervalued tech stocks poised for growth and ready to awaken investor interest. Timing is crucial, and investors who proactively seek tech sleeper stocks to buy can potentially achieve significant profits. These undervalued tec
Cybersecurity leader Cloudflare is breaking out today and is one of the best stocks to buy and watch in today's stock market.
On Wednesday, Cloudflare received a positive adjustment to its Relative Strength (RS) Rating, from 82 to 91. When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength. Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 at the beginning of a new climb.
The S&P 500 (SNPINDEX: ^GSPC) dropped into a bear market in early 2022, but the benchmark index has rebounded 10% in 2023, and history says the next bull market is coming. Cloudflare (NYSE: NET) has seen its share price drop 72% amid the bear market, but the future still looks bright for this up-and-coming cloud computing company. Cloudflare offers a broad range of cloud services that improve the performance and security of business-critical software and infrastructure.
The Spear Alpha ETF (SPRX) topped the list of the best-performing U.S. equity ETFs in May, gaining 28.3%. The rally was driven by the hype surrounding artificial intelligence (AI) and investors' flight to mega-cap tech stocks.
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes...
The top growth stocks have consistently outperformed other types of stocks over the past decade, and they have done so with relatively little risk to the downside. Most of these growth stocks have been a wild ride since the pandemic era, and the volatility could continue well into 2024 if recession fears turn out to be correct. After the rally earlier this year, most growth stocks are also no longer bargains. But I believe there are still some surefire bets investors can buy for potential multi-
Buying great businesses is a sound investing strategy, but price does matter, and these three may be worth waiting on.
David Siegel and John Overdeck run Two Sigma Investments, while Ken Griffin runs Citadel Advisors, and all three hedge fund managers have a place on the Bloomberg Billionaires Index. But the purchases are still noteworthy given the success the hedge fund managers have achieved.
Cloudflare's artificial intelligence news isn't exactly new news. Be cautious of this AI hype cycle.
These two fast-growing companies could deliver solid gains thanks to their huge addressable markets.
Cloudflare (NYSE: NET) attracted a lot of attention when it went public on Sept. 13, 2019. The cloud-based content delivery network (CDN) provider listed its shares at $15, and they started trading at $18. Let's look back at why Cloudflare's stock initially skyrocketed, why it tumbled, and where it might be headed in the next few years.
Cloudflare (NYSE: NET) is a lot more than a content-delivery network. The company has been building out a developer platform over the past few years, leveraging its global network of edge computing sites to solve scaling, performance, and latency problems for developers. At the core of this platform is Workers, the company's serverless computing product.
There's no question that the primary driver of the stock market over the past year or so has been the state of the economy. High inflation, rising interest rates, various political dramas, and concerns about a potential recession have all weighed on the market. Furthermore, slowly but steadily improving economic conditions are fueling investor hopes for a so-called "soft landing," with the economy ultimately avoiding a recession.
These stocks are well off their highs, but the underlying businesses continue to post impressive revenue growth.
The web-services specialist got a significant valuation bump after announcing a new service offering.