Professional
Added to YB: 2025-03-26
Pitch date: 2025-03-25
NET [bullish]
Cloudflare, Inc.
+51.05%
current return
Author Info
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Company Info
Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide.
Market Cap
$68.9B
Pitch Price
$127.53
Price Target
160.00 (-17%)
Dividend
N/A
EV/EBITDA
1.3K
P/E
-667.26
EV/Sales
31.52
Sector
IT Services
Category
growth
Show full summary:
Cloudflare (NET) Surges as BofA Raises Target to $160
NET (double upgrade): BOFA upgrades to Buy, PT $160 from $60. Two catalysts: 1) AI-as-a-Service leadership potential 2) Network security momentum, esp. SASE. Expects 30% 3-year CAGR by 2028 (up from 25%). New valuation 20x CY26 EV/Sales vs 10x CY25 previously.
Read full article (1 min)