Analysts who follow Cloudflare Inc (NET) on average expect it to increase 120.75% over the next twelve months. Those same analysts give the stock an average rating of Buy.
That average rating earns NET an Analyst Ranking of 19, which means it ranks higher than 19 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating NET a Buy today. Find out what this means to you and get the rest of the rankings on NET!
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Cloudflare Inc Stock Today?
Cloudflare Inc (NET) stock is trading at $59.53 as of 10:56 AM on Monday, May 16, a drop of -$6.95, or -10.45% from the previous closing price of $66.48. The stock has traded between $59.53 and $64.95 so far today. Volume today is below average. So far 2,346,789 shares have traded compared to average volume of 5,372,367 shares.
Click Here to get the full Stock Report for Cloudflare Inc stock.
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