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Cloudflare (NYSE:NET) Updates Q2 2024 Earnings Guidance

Cloudflare (NYSE:NET – Get Free Report) updated its second quarter 2024 earnings guidance on Friday. The company provided EPS guidance of 0.140-0.140 for the period, compared to the consensus EPS estimate of 0.130. The company issued revenue guidance of $393.5 million-$394.5 million, compared to the consensus revenue estimate of $393.5 million. Cloudflare also updated its […] ....

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Cloudflare (NYSE:NET) Issues FY 2024 Earnings Guidance

Cloudflare (NYSE:NET – Get Free Report) updated its FY 2024 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.600-0.610 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $1.6 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion. Cloudflare also updated […] ....

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Susquehanna Lowers Cloudflare (NYSE:NET) Price Target to $80.00

Cloudflare (NYSE:NET – Get Free Report) had its price target reduced by research analysts at Susquehanna from $115.00 to $80.00 in a note issued to investors on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Susquehanna’s price target suggests a potential upside of 7.53% from the company’s previous close. Other […] ....

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Needham & Company LLC Reaffirms Buy Rating for Cloudflare (NYSE:NET)

Needham & Company LLC reiterated their buy rating on shares of Cloudflare (NYSE:NET – Free Report) in a research note released on Friday morning, Benzinga reports. Needham & Company LLC currently has a $135.00 price objective on the stock. Other analysts have also recently issued research reports about the stock. TD Cowen lowered their price […] ....

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Insider Selling: Cloudflare, Inc. (NYSE:NET) CFO Sells 15,000 Shares of Stock

Cloudflare, Inc. (NYSE:NET – Get Free Report) CFO Thomas J. Seifert sold 15,000 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of $73.97, for a total value of $1,109,550.00. Following the completion of the transaction, the chief financial officer now owns 338,469 shares in […] ....

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