Cloudflare stock reddit. NET is positioned close to its 52-week high of 76. There are software to test multiple recursibe resolvers, and choose the one that's best to your network. Now, why isn't the company itself profitable? Discussion. Pause here - If you don't know what Zero Trust Security (ZTS). It's possible that your IP address has a questionable history (also known as a bad reputation), or the website owner may have blocked your country/region, which is common for copyrighted content. Cloudflare seems to me to have bigger potential, better kabrandon. Then, in mid-November 2021, SNOW rose to $390 -- that was an increase of 225% from the IPO offer price and made many investors giddy. Despite falling 57% from its high The other thing is that cloudflare already does have competitors. However, Cloudflare's networking/CDNs are great value for small customers. One of these is the reason for that: The developers of pixiv. Valuation. $5B seems cheap considering the valuation of web services. stock right from TradingView charts — choose your broker and connect to your account. 4% = $12. $89. For the quarter, Cloudflare's revenue grew 32% year over year to $362. 1M analysts Aug 11, 2023 · The stock trades for nearly 18 times expected 2023 revenue -- a hefty premium considering the low-30% outlook for sales expansion. Q4 revenue surged by 32% year-over-year to $362. sh) had integrations that worked easily. I had 75 shares dropped down to 50. . Currently down nearly 16% afterhours at the time of posting and down 14% during trading Cloudflare should definitely not be valued like a mature software company. I sold my fastly shares around $100 about a month ago, no Snowflake Inc. In Q1, Cloudflare expects a revenue between $205 million and $206 millio Therefore, Cloudflare will have to pay the price. Crowdstrike finds a ransomware on one of your endpoints, Illumio can quarantine the device from the rest of your network, & Zscaler can update it's signatures to prevent the transmission of this ransomware again. I've always considered Cloudflare a networking/CDN company. They will always be in control of the private key of the certificate the end user uses to encrypt traffic. There’s a wide variety of methods they can use to block someone including basic stuff like source IP address, country, etc. 75% from the previous close. 2% gross margin, compared to $87. 91 sales/share gives you a target price range of roughly $38-$48 - which, coincidentally, is right around where it traded back then. 746K subscribers in the cybersecurity community. Honestly I do prefer CloudFlare both as a company and a platform, but compared to Fastly it's extramely overvalued. Cloudflare is not the only player here, the one of the oldest and biggest in this space is Akamai which was one of the high flying tech stocks of the dot com boom. This one did not. Something Cloudflare vehemently denies and claims is normal. It’s been a few hours now, and it keeps looping. com and support. 95 votes, 43 comments. Cisco is a prime example. It disappears for a second, before it just redirects me back to the browser check for some r/Rivian is the largest and most active fan-run auto-enthusiast Rivian community. 4 million, or 7% of total revenue. Meanwhile Crowdstrike has a 24. Cloudflare is IMO the best in its space, but it is not a particularly great space. Gross margin improved in Q4 to 78. Links to charts, analysis to back up your ideas all welcome. Cloudflare integrates well with all 4 major US cloud providers, which helps get NET Cloudflare. Right now Fastly & Cloudflare have about the same market cap, which is absurd looking the numbers. It might just be the problem of the ip access used to access the site. Price as of April 9, 2024, 4:00 p. 5 million. For enterprise businesses, Cloudflare offers some of the best domain registrar protections, and domain hijacking protection. Dec 20, 2023 · Current Price. You can search r/VPN for more advice. For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our Wiki here. I doubt NET will pull back nearly as much as FSLY given the fact that stock price never appreciated that crazy in the first place. 25 last November, it was valued at $69. Last month, the shares toppled another Apr 18, 2023 · Cloudflare's price-to-sales ratio of 21. 1 million. I have 160 shares 130 at 29, 30 at 35. Via the link below you will find the analysis in a PDF form. After gaining more than 15% over the past five days, NET shares are cooling off on Tuesday, down just about 1% as of this writing. Check their financials. NET has a spectacular earning but its stock dipped -7. In a fundamental way, they wouldn't necessarily be wrong. This was a stock I once recommended when it was trading at 65 but told people to run out the door past 190. Cloudflare Announces First Quarter 2023 Financial Results. Aug 29, 2021 · Cloudflare Stock Price. stock highest and lowest prices ever? NET reached its all-time high on Nov 18, 2021 with the price of 221. 81 in 2035, with a high prediction of $493. They have been coming out with a ton of really neat things lately and releasing them for basically free. ago. Any upside to keep on holding. We discuss the electric vehicle company, Rivian Automotive, along with their products and brand (not the stock). This is due to its stock based comp which is now at $200 million in FY 2022. 17. Archived post. However, I'm not sure that this stock would ever drop far enough for Cloudflare's valuation to hit a mere 7 billion dollars. com : Cloudflare is used by 80. So we can’t answer this question for yourself. Someone in your network / you did something shady and is blocked from Cloudflare, this also applies if you're using a VPN. Oct 2, 2023 · Cloudflare Inc. . 5 billion dollar market cap on revenues of 178 million for the latest quarter. [110] Its stock lost over 70% of its value [111] and the Internet was taught a lesson about relying on centralized infrastructure, vowing to make the switch to superior Web3 alternatives. It's good to see the stock Invest $50,000 in These 3 Stocks and Wait a Decade. 3 million, or 16% of total revenue, and non-GAAP income from operations of $19. 60-Month Beta: Coefficient that measures the volatility of a stock's returns relative to the market (S&P 500). Oct 19, 2021 · Cloudflare is no stranger to market volatility. It is worth noting that the stock Cloudflare is also spending way more on R&D for these things. I believe that as a company they can bring a lot of added value to their customers, as well as become even more popular in the online world. Jan 4, 2024 · Cybersecurity stock Cloudflare (NET) is up 85% year-to-date and just crossed the $25 billion valuation level that acted as resistance earlier in the summer. Think of the capability of running some code at the edge servers to minimize the load on your central servers running on AWS or Google or your own Cloudflare, Inc. Feb 8, 2024 · Internet security and content delivery network Cloudflare (NYSE:NET) beat analysts' expectations in Q4 FY2023, with revenue up 32% year on year to $362. Dec 23, 2021 · Valuation: Cloudflare has an eye-watering valuation of 47X EV to 1-year forward revenue. Don't ever put all your eggs in one basket if experience has taught anything. They treat me more like a clueless CEO than a technical professional. In 2022, Rivian produced 24,337 EVs and delivered 20,332 — up from 1,015 in 2021. Does this seem like a systemic issue at Cloudflare's Q4 and FY 2023 earnings report showcases robust revenue growth and significant improvements in profitability, signaling strong operational performance. Some tools (letsencrypt/acme. This trend Welcome to r/stocks!. m. Its drawbacks, however, are greater: confusing payment plans, limited features, poor interface, and overpriced. Amazon has "cloudfront" which offers many of the same services cloudflare does. 🚀 A web app uses AI to forecast stock prices weekly and monthly, analyzing company & global data for clearer Institutional investors in Cloudflare, Inc. 67. 07 USD, which suggests a strong upward trend in recent times. People are used to not paying for things like privacy, so Cloudflare gives you a lot of things fred so they sell every click to advertisers. Price as of April 29, 2024, 4:00 p. In the meantime, CloudFlare has gotten on the radar as the largest non big 3 cloud network. 5 million, surpassing expectations. 35K subscribers in the swingtrading community. I see potential but from what I read are not very profitable yet. 2 million, or 76. Snowflake I’m not as familiar with but data analytics is a much better and more individualized industry. 3%, in the third quarter of 2020. I simply disagree on the last line. net screwed up. This is 18. Feb 16, 2023 · Cloudflare. 4 million, or 30% of total revenue, compared to negative $2. “You will get rich quick. Gross Profit: GAAP gross profit was $134. First quarter revenue totaled $290. Delivered GAAP loss from operations of $47. 00. Cloudflare improves the performance of business-critical applications and infrastructure. The trading range for the day was between 72. 48 per share in 2021 to $0. 48K subscribers in the Baystreetbets community. Cloudflare Firewall for AI Will Help Secure AI Applications, At Scale and For Free. This tech company keeps making the right moves. 01. I hope you find it useful, and if you found it interesting, be sure to let me know in the And Cloudflare is ridiculously expensive. Support has its ups and downs, if you’re a paying customer you (for obvious reason $$) get better support. I'm basically a little old lady on a laptop and don't do anything shady, just email, reddit and some shopping. Security/ infrastructure is a highly competitive industry, which means the stock will never be as stable or expensive as other tech stocks. probably overvalued as all good companies are. 5 million, resulting in adjusted earnings per share (EPS) of $0. Reply reply. Look at their "Revenue" and "Cost of Revenue" -- this is what they spend on actually delivering their services. (NYSE:NET) see US$2. (NYSE: NET) is the world's most connected cloud network, offering a serverless cloud architecture, security and artificial intelligence (AI) on the network edge to thousands of You’re supposed to estimate the stock value before buying the stock. If the stock price has reached the value you estimated, yes you should sell it all. 95% change from the last recorded price of $88. 8% yesterday what are you waiting for? Cloudflare theres still a pretty good dip after posting strong revenue. Oct 26, 2021 · Current Price. 65. Welcome to join and share your ideas and opinions. Current Price. lol this guy's kinda wacky, but CloudFlare is currently the leader in the kind of nitty-gritty security and infra setup that every web service needs to do but business types don't want to waste precious dev resources on. If you're wondering why a stock moved a certain way, check out Finviz which aggregates the most news for almost every stock, but also see Reuters, and even Yahoo Finance. net blocked the country you're from. This new team glosses over those and tries to sell, sell, sell. 76m. 🙂 I figured captcha didn't like my service provider although their servers and my IP address aren't on any blacklists, including one that was a link in a previous post in this sub. What are Cloudflare, Inc. My work's Cloudflare bill is not cheap. Fastly Market Cap: 5,5B. Cloudflare are huge when it comes to CDNs, but Amazon has their own delivery networks and they’re building new data centers all over the world. SAN FRANCISCO, April 08, 2024--Cloudflare, Inc. One thing I know, companies who sell "free" services that people get to use with minimum hassle tend to grow very big. 2% of all websites. It is based on a 60-month historical regression of the return on the stock onto the return on the S&P 500. It's a reasonable business decision, but a shitty personal decision to put it on blast. As a tech growth portfolio, the I/O Fund is certainly not the valuation police as we often find our best Nov 8, 2022 · When Cloudflare's stock closed at an all-time high of $217. These are then used to cache websites and move website information closer to people using it (CDN). For the full year, the company saw a revenue of $656. None of this is Cloudflares fault. 6 subscribers in the stockai community. 67 in 2022. If you are thinking performance, your ISP DNS servers are still probably faster. There are tons of companies throughout history that have been cash cows but have had absolute dogs for stocks because they were overvalued early. Cloudflare currently has a 12 billion dollar market cap on revenues of 99. Any stock idea based on technical analysis is fair game. I agree - but neither should they be valued at 4-5x P/S when the earnings are still elusive, interest rates are rising and inflation is there. Swing Trading is an investment strategy generally characterized by a short time horizon, emphasis on OK thanks for the tip about requesting a new ISP. With a stock like NET, I think it would make sense to go back to early-mid 2020, before it took off on its crazy ride. Also the fact that they're offering a lot of free services which would gather a large customer base and make them dependent on their services. Up nearly 40% over just the past month, it's fair to wonder whether Cloudflare is still worth buying. All of your traffic hits Cloudflare first - then to the website - then back through Cloudflare - then back to you. Also, they have enough network and compute power to absord and distribute attacks (DDoS). (1. ayeshrajans. If a stock averages a 10% return, it doubles every seven years. In 2023, Rivian produced 57,232 EVs and delivered 50,122. 7 million for the latest quarter. Earlier this month my domain was expiring, and I wanted to get the same domain with a different TLD (cheaper). Yet I couldn’t find any obvious news that would explain the parabolic move. 2 million, representing an increase of 37% year-over-year. $33B. ”. Typically yes, but Cloudflare’s model is to use free users as test subjects (meaning you get new features well before the Enterprise tier in many cases), and also because they need a mass of users/traffic for some things to work (anonymity by way of disappearing into the crowd, monitoring and understanding attack traffic, etc). My last Cloudflare team knew everything about Cloudflare, and could even warn me about quirks, inaccuracies, and features that were still half-baked on the back end. Reported on 2/8 That being said, it’s important to recognize that NET is considered a super high quality and heavily sought after stock both institutionally and in retail, and it didn’t get hit nearly as hard as many other growth stocks did in Feb-May along with other leaders like CRWD and DDOG. At it's technological core, Cloudflare is a bunch of computers around the world that are connected together. There's a lot of value for devs if you use their products like Workers, D1, R2, etc. com Nov 29, 2022 · Fastly expects its non-GAAP net loss to widen from from $0. But they have a pretty good idea of who the power users are and how to charge them for everything they use. Founded in 1975 Microsoft's Azure CDN is known for its speed. Breakouts, double bottoms, tops, trending at support (momentum) stock patterns feel free to share. Hey noob here, anyone have any thoughts about Cloudflare for long term. r/cloudflarestock: A community for discussion and news regarding Cloudflare web infrastructure and website security company (Symbol: NET on the NYSE) See the projected annual prices until 2050 of the Cloudflare Inc stock below: Cloudflare Inc ( NET) is expected to reach an average price of $492. At that point it traded at a P/S between 20 and 25. • 3 yr. Its like Apple released a new iPhone with shitty LED screen that was supplied by OLED, Apple will pay the price to the consumers. Cloudflare. 4% short interest not low, but not crazy high like GameStop before the squeeze. Market Cap. Get the latest Cloudflare, Inc. Cloudflare is currently valued at ratio of 79 at Price/Sales ratio vs Fastly at 19. 63 to $0. You can trade Cloudflare, Inc. $87. Cloudflare is great. ET. 2 million as of March 31, 2022. I do think they're trustworthy although I dislike that they're a major centralization force of the web today (I understand why though). You can of course run your server on Amazon’s web services and use Cloudflare’s CDN, but companies that move to AWS tend to go for an all AWS solution eventually. Its another story that Apple may blame OLED for their fault but people will punish Apple because they purchased a product from Apple. My understanding is that the market has seen some dip-buying on many of these high-growth expectation tech companies, however with Cloudflare's already-high valuation, even at double digit stock prices, I'm wondering if the market is pricing in nothing less than an astounding earnings beat this evening for a company that's still in growth mode. 6 means that the stock is trading at a significantly rich valuation when compared to the S&P 500's sales multiple of 2. 50 USD and was reached on Oct 21, 2019 . This indicates an +459. Cloudflare's business looks healthier than Fastly's, but the valuations already reflect Cloudflare, one of reddit most mentioned companies last couple of years has great earnings. How to Bypass Cloudflare: A Comprehensive Guide - ZenRows. Per-Share Earnings, Actuals and Estimates. 9 billion -- or a whopping 107 times the sales it would actually generate in 2021. This subreddit is for technical professionals to discuss cybersecurity news, research, threats, etc. Shares of the cloud services provider soared to a nearly two-year high on Friday, touching an Cloudflare just made a bad impression for me. Either Cloudflare ( NET -2. Is this really not concerned an expense. comments. Cloudflare Market Cap: 35,3 B. Today's Change. 4. You can build a really fast, cheap, and scalable site pretty quickly. 7% of all the websites whose reverse proxy service we know. Multiply that by the 1. Third Quarter Fiscal 2021 Financial Highlights. It's a platform made by cloudflare for hosting websites it makes it easier to host websites moreover you can connect your git hub and deploy on each commit in master so I think its the best. What would you value a company that 15% of the internet relies on? I could extoll the virtues of Cloudflare all day as a developer but it probably has to do with everyone uses Cloudflare and the fact they are constantly adding products w/ revenue potential (images, domains, workers, zero trust, etc. 8 million, or 78. all introduced within the past 2 years). 95 USD, witnessing a slight increment of 0. Learn how to better manage your money, and invest for your future. Check out our wiki to learn more! Cloudflare crushes earnings. Cl A (NET) stock price, news, historical charts, analyst ratings and financial information from WSJ. That means it takes seven years to overcome a valuation that is 2x too high. We all will!” ~ Michael Scott Feb 12, 2024 · In this article: Cloudflare Inc (NYSE:NET) is marginally higher today, last seen trading at $108. 695 USD and 75. New comments cannot be posted and votes cannot be cast. 40. (Motley Fool) Mar-04-24 09:00AM. Just curious what are some opinions on Cloudflare. Man, if you had somebody like Warren Buffett or Charlie Munger analyze this stock, they'd probably say the fair value of the company is about 7 billion dollars. $97. Non THEHIPP0. Get help at community. Does anyone know if this is room for concern? From 2020 to 2022 this deviation has increase from $70m to $170m. The developers of pixiv. They have seen similar growth of the stock price (130%) YTD. To put the numbers in perspective, they did $319m in new business last year. Any insights from the community would be greatly appreciated! Cloudflare, it dropped but not as much as Fastly. 3b decrease in market cap last week, although long-term gains have benefitted them. Jan 13, 2024 · Viewers have called the roughly 10-minute TikTok video, which went viral this week, “sad” and a “disaster. Its earnings aren’t scheduled until Nov 4, so it’s not a pre-earnings run-up. 51%) possesses good timing or perhaps it's blessed with It’s on a massive 10 day win streak, up almost 50% from $110 to $160/share. The stolen login information, an access token and three service account credentials, were not rotated following the Okta I wrote an analysis about the company Cloudflare. The ‘Verify you are human’ option appears, and I tap on it. 30 and a low estimate of $462. This mostly comes down to pricing of more advanced security features. 9% on a non-GAAP basis, indicating better cost management. (Ticker: NET) closed the trading session on November 27, 2023, at 73. Fiscal Q4 2023 ended 12/31/23. As mentioned above, NET stock is currently trading at valuation metrics that are in outer space. IE. (NYSE: NET), the leading Which will have the data decrypted at some point, no matter what you do. 02. Free cash flow was negative $64. Cloudflare is a great company, but the valuation it's still too expensive in this environment. Another is edge computing. They have about 80% gross profit margin -- which means that for every $1 they make in selling their products, they generate $0. cloudflare. Total revenue for Amazon CloudFront (2019) $178 Million compared to Cloudflare's total revenue (2019) of $287 Million. 4 million, a 52% year-over-year increase, and a non-GAAP net loss of $15. They can also put security shields in front of Cloudflare is one of the most overpriced stocks on the market. Cloudflare is not a web hosting solution - they sit in front of the websites that use their services. I suggest using a different registrar. I’ve always had these Cloudflare browser checks loop problems, but they usually fixed themselves within a few minutes. Lol, I don't think Cloudflare is an evil company. 15, up 150%. Feb 9, 2024 · A classic beat and raise. Revenue: Total revenue of $172. Cloudflare Expands Capabilities to Protect Organizations Against Emerging Threats with Defensive AI. So I registered it from Cloudflare. Forward P/S is 60x and most other value metrics are not meaningful at this The incident was discovered on November 23, nine days after the threat actor, believed to be state-sponsored, used credentials compromised in the October 2023 Okta hack to access Cloudflare’s internal wiki and bug database. It been hovering between 33-36 for a few weeks now. The big 4 US cloud providers provides what Cloudflare offers (CDN, networking) along with a lot of other compute/data capabilities. (SNOW) became a fad stock when it more than doubled its IPO offer price of $120 and closed at $245 in September 2020. Price/Sales: Latest closing price divided by the last 12 months of revenue/sales per share. There was recently a viral video of Cloudflare firing an employee for performance issues when it seems very much like elimination of positions and realising they can't afford new hires. I had been using them to set my NS at, and create my DNS records. If it hasn’t reached it yet, the good management action would be to sell a portion of it, say 33% (or even 50%). View the latest Cloudflare Inc. 3 million, representing an increase of 51% year-over-year. 8 in profit. 2 million, or 2% of total revenue, in the first quarter of 2021. They are a company. Divide by 100 and it works out to $130k in business per dismissed employee. And free cash flow of just $63 million over the last 12-month That's a pretty big beneft for most people if they're planning on using R2, D1 etc. 19K subscribers in the CloudFlare community. CloudFlare's network is 2x the size of AWS. • 1 yr. For privacy, I suppose CloudFlare instantly becomes a good alternative just because it's not google. So 1/3 of the sales force brought in only 4%. 75%) $1. (NET) stock news and headlines to help you in your trading and investing decisions. CloudFlare has the competitive advantages of having the best hardware for and the tightest focus on cloud. 55 USD. Fastly, microsoft azure cdn, and cloudfront represent the biggest competition and cloudflare is currently beating them all. Price as of April 30, 2024, 4:00 p. Cloudflare pushes the serverless agenda way more, which is what I believe is the future of the web (I work in the industry). Seeing how Cloudflare is doing better than AWS's Serverless, being faster and cheaper is tempting me to buy a couple stocks. Almost any post related to stocks and investment is welcome on /r/Stocks_Picks/ If you own a particular stock related to a post, please note this fact in the comments. Jan 24, 2022 · Many richly valued growth stocks have sold off sharply in recent months. (Business Wire) 09:00AM. 10. There is a good reason Cloudflare is expensive, it is a great company but especially when it was 200 it was way overpriced beyond any realm of reality. Even Cloudflare CEO Matthew Prince responded on X (formerly Twitter) that it Stock price of NET didn't go up nearly as much YoY (a bit over 100%) compared to FSLY which had similar revenue YoY (a bit more) but went up 500% so that was definitely due for some major pullback. According to w3techs. CloudFlare has the largest foundation for the development of the best use cases (software). 64 USD , and its all-time low was 14. You’re reading a free article with opinions that may differ from The Mar 17, 2023 · Looking to fiscal 2024, Snowflake ( SNOW) expects first-quarter product revenue to be between $568M and $573M, representing a growth rate of 44% to 45% year-over-year, below the $582. Great Outage of June 2022 Cloudflare was down for 7 days and 7 nights beginning 11:40pm PST, June 20th, 2022. Cash, cash equivalents, and available-for-sale securities were $1,725. The company expects next quarter Fresh and trending news about IT industry business, finance, employment, product, technology and top companies. Cloudflare has significant deviation from its GAAP and NON-GAAP Operating Income. Cloudflare AND Fastly. Cloudflare is less risky in the sense that it's actually got a moat and will probably continue to do well as a company for a long time, but the stock near-term is extremely risky because of the valuation.
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