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Cloudflare (NET-N)
NYSE:NET
87.71
2.14
(2.38%) 1d
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Stocks sink for the day and weekTech leads Wall Street to fresh highs (again)TSX flat on recession call, Wall Street climbsThis summary was created by AI, based on 4 opinions in the last 12 months.
Experts have mixed opinions on Cloudflare's stock. Some believe it's too late to buy after a big move and recommend waiting for a pullback, while others are confident in the company's potential given its partnerships and AI initiatives. The recent 21% plunge was seen as an overreaction, with optimism about the company's ability to recover from a couple of bad quarters. Overall, there is uncertainty about its future performance given macroeconomic factors and forecasts, but also optimism about its long-term prospects.
$87.940
Unknown
On their 14th birthday, the cloud connectivity company announced new products, including AI Audit which allows users to be compensated when their content gets used to train gen-AI models, a big problem.
Shares pulled back despite reporting a beat earlier this month, but a disappointing forecast. Worth a look, though.
They have their investor day Thursday. It's been down since the last quarter. But he likes it and sees a comeback. Will depend on how well CEO performs on Thursday.
A lot of tech companies are down significantly from highs. Cybersecurity is a desirable area right now. High growth has to expect more pronounced swings. Likes the name.
Too late to buy now after a big move. Wait for a pullback.
Shares popped 7% today when they announced several AI initiatives. A longtime favourite of his. They have partnerships with Nvidia, Microsoft and Meta. They help businesses operate more efficiently.
They reported a positive quarter but the street didn't like its forecast: a lighter sales cycle, macroeconomic uncertainty. The 21% plunge was an overreaction, though shares have recovered.
Is confident they can recover from a couple of bad quarters. Shares should be higher.
Cloudflare(NET-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 4
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 5
Cloudflare(NET-N) Frequently Asked Questions
What is Cloudflare stock symbol?
Cloudflare is a American stock, trading under the symbol NET-N on the New York Stock Exchange (NET). It is usually referred to as NYSE:NET or NET-N
Is Cloudflare a buy or a sell?
In the last year, 5 stock analysts published opinions about NET-N. 4 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Cloudflare.
Is Cloudflare a good investment or a top pick?
Cloudflare was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cloudflare.
Why is Cloudflare stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Cloudflare worth watching?
5 stock analysts on Stockchase covered Cloudflare In the last year. It is a trending stock that is worth watching.
What is Cloudflare stock price?
On 2024-10-31, Cloudflare (NET-N) stock closed at a price of $87.71.
A great CEO, and the company knows a lot about video streaming. Likes it. The high PE doesn't bother him.