Cloudflare (NET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Cloudflare (NET 10.68%) stock surged in Tuesday's trading. The web services and cybersecurity specialist's share price ended the day's trading up 10.7% amid the backdrop of a 0.8% gain for the S&P 500 index and a 2% jump for the Nasdaq Composite index.
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Cloudflare (NET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Cloudflare (NET) concluded the recent trading session at $123.93, signifying a +0.68% move from its prior day's close.
Cloudflare (NET) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Speaking from the 2025 World Economic Forum in Davos, Switzerland, Cloudflare (NET) CEO Matthew Prince joined Yahoo Finance Executive Editor Brian Sozzi to discuss cybersecurity implications as Donald Trump assumes the role of 47th US President. Prince emphasizes continuity in their government relationships, stating, "We provide cybersecurity services to basically anyone who's there.
Shares of cybersecurity firm Cloudflare (NET 3.97%) were up Friday, gaining 3.9% as of 12:30 p.m. ET. The stock was up as much as 5.4% earlier in the day.
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Cloudflare (NET) reachead $114.82 at the closing of the latest trading day, reflecting a +0.3% change compared to its last close.
I see Cloudflare as a high-quality investment despite its premium valuation. I believe its focus on vendor consolidation and enterprise growth positions it well for the future. I recognize the risks of a weaker balance sheet but remain optimistic about its profitability expansion.
Zacks.com users have recently been watching Cloudflare (NET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.