Should You Hold Cloudflare Inc (NET) Stock Thursday Morning?

Thursday, June 30, 2022 08:36 AM | InvestorsObserver Analysts

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Cloudflare Inc (NET) has fallen Thursday morning, with the stock declining -2.88% in pre-market trading to 44.55. NET's short-term technical score of 54 indicates that the stock has traded more bullishly over the last month than 54% of stocks on the market. In the Software - Infrastructure industry, which ranks 97 out of 146 industries, the stock ranks higher than 55% of stocks. Cloudflare Inc has fallen 22.14% over the past month, closing at $57.90 on June 2. During this period of time, the stock fell as low as $39.70 and as high as $59.88. NET has an average analyst recommendation of Buy. The company has an average price target of $115.63.

NET has an Overall Score of 55. Find out what this means to you and get the rest of the rankings on NET!
Cloudflare Inc has a Long-Term Technical rank of 18. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 82% of the market scoring higher. In the Software - Infrastructure industry which is number 107 by this metric, NET ranks better than 107% of stocks.

Important Dates for Investors in NET:

-Cloudflare Inc is set to release earnings on 8/4/2022. Over the last 12 months, the company has reported EPS of $-0.83. -We do not have a set dividend date for Cloudflare Inc at this time. Click Here To Get The Full Report on Cloudflare Inc (NET)

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