NET's Q1 results reflect benefits of large enterprise deal wins, driven by the growing need for stronger security and a zero-trust approach.
Cloudflare, Inc. (NYSE:NET ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Philip Winslow - Investor Relations Matthew Prince - Co-Founder and Chief Executive Officer Thomas Seifert - Chief Financial Officer Conference Call Participants Matt Hedberg - RBC Joel Fishbein - Truist Securities Mark Murphy - JPMorgan Andrew Nowinski - Wells Fargo Keith Weiss - Morgan Stanley Shaul Eyal - TD Cowen Mike Cikos - Needham Adam Borg - Stifel Jonathan Ho - William Blair Operator Good afternoon. My name is Aaron, and I will be your conference operator for today.
Cloudflare (NET) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.16 per share a year ago.
NET's Q1 results are likely to reflect benefits from expanding enterprise client base and AI-driven innovation.
In the latest trading session, Cloudflare (NET) closed at $122.61, marking a +1.52% move from the previous day.
NET's growth prospects remain strong on the back of strong AI, web infrastructure and security services offerings.
Cloudflare's stock has dropped 31% since mid-February, creating a potential buying opportunity due to its role in AI and edge computing. Despite short-term macroeconomic headwinds, Cloudflare's scalable architecture and innovation in AI position it for long-term growth. Geopolitical dynamics and rising cybersecurity demands enhance Cloudflare's strategic advantages, particularly with its extensive global edge network.
In the closing of the recent trading day, Cloudflare (NET) stood at $121, denoting a +1.79% change from the preceding trading day.
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's (NET -1.57%) business could be relatively insulated from the rising geopolitical tensions.
While Cloudflare (NET -1.57%) stock got off to a flying start in 2025, even hitting its 52-week high in mid-February, the shares are down 39% since.
Cloudflare (NET) closed at $107.12 in the latest trading session, marking a +0.82% move from the prior day.