Latest news with #PhilWinslow
Yahoo
9 hours ago
- Business
- Yahoo
Oppenheimer Raises Price Target on Cloudflare (NET), Maintains Outperform Rating
Cloudflare, Inc. (NYSE:NET) is one of the 10 tech stocks on Wall Street's radar right now. On June 5, Oppenheimer raised its price target on Cloudflare, Inc. (NYSE:NET) from $165 to $200 and maintained an Outperform rating after discussions with Phil Winslow, the company's VP of Strategic Finance & Investor Relations. The firm grew more optimistic about the company's growth prospects due to strong momentum in SASE (Secure Access Service Edge) security, boosted by Magic WAN adoption and improvements in CASB (Cloud Access Security Broker) and data loss prevention security features. The firm noted that the Worker platform's expanding capabilities have gained more traction among developers who favor the shift-left approach. Additionally, new AI-focused edge computing technologies like MCP and A2A, along with a new container service for AI workloads, are also some of the reasons for Oppenheimer's positive outlook. The firm is confident that Cloudflare (NYSE:NET) will exceed expectations for 2025, accelerate revenue growth beyond 30%, and reach a $5 billion ARR by the end of 2028. A close-up of a server array powering a cloud-services system. Cloudflare (NYSE:NET) provides a broad suite of cloud-based security, performance, and network services designed to protect and optimize applications, websites, and data across platforms, including SaaS, IoT, and cloud environments. The company offers security solutions including zero trust and DDoS protection, network services such as Magic WAN, and developer tools alongside consumer products like VPN and DNS services. While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Connectez-vous pour accéder à votre portefeuille
Yahoo
10 hours ago
- Business
- Yahoo
Oppenheimer Raises Price Target on Cloudflare (NET), Maintains Outperform Rating
Cloudflare, Inc. (NYSE:NET) is one of the 10 tech stocks on Wall Street's radar right now. On June 5, Oppenheimer raised its price target on Cloudflare, Inc. (NYSE:NET) from $165 to $200 and maintained an Outperform rating after discussions with Phil Winslow, the company's VP of Strategic Finance & Investor Relations. The firm grew more optimistic about the company's growth prospects due to strong momentum in SASE (Secure Access Service Edge) security, boosted by Magic WAN adoption and improvements in CASB (Cloud Access Security Broker) and data loss prevention security features. The firm noted that the Worker platform's expanding capabilities have gained more traction among developers who favor the shift-left approach. Additionally, new AI-focused edge computing technologies like MCP and A2A, along with a new container service for AI workloads, are also some of the reasons for Oppenheimer's positive outlook. The firm is confident that Cloudflare (NYSE:NET) will exceed expectations for 2025, accelerate revenue growth beyond 30%, and reach a $5 billion ARR by the end of 2028. A close-up of a server array powering a cloud-services system. Cloudflare (NYSE:NET) provides a broad suite of cloud-based security, performance, and network services designed to protect and optimize applications, websites, and data across platforms, including SaaS, IoT, and cloud environments. The company offers security solutions including zero trust and DDoS protection, network services such as Magic WAN, and developer tools alongside consumer products like VPN and DNS services. While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Cloudflare (NET) Shares Skyrocket, What You Need To Know
Shares of internet security and content delivery network Cloudflare (NYSE:NET) jumped 5.1% in the afternoon session after Oppenheimer raised the firm's price target from $165 to $200 and kept a Buy rating following talks with Phil Winslow, Cloudflare's VP of Strategic Finance & Investor Relations. The firm expressed growing confidence in Cloudflare's long-term growth trajectory, particularly in its Secure Access Service Edge (SASE) offerings. It cited a number of growth catalysts, including accelerating adoption of Cloudflare's Wide Area Network (WAN) solutions and continued enhancements in its security stack, specifically in Cloud Access Security Broker (CASB) and Data Loss Prevention (DLP) tools. Contributing to the momentum, peer MongoDB reported strong first-quarter 2025 earnings, which confirmed that demand for cloud software is healthy, especially because MDB is a consumption model, so demand weakness shows up quite quickly. After the initial pop the shares cooled down to $179.19, up 4.9% from previous close. Is now the time to buy Cloudflare? Access our full analysis report here, it's free. Cloudflare's shares are very volatile and have had 25 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 24 days ago when the stock gained 7% on the news that the major indices popped (Nasdaq +3.4%, S&P 500 +2.5%) in response to the positive outcome of U.S.-China trade negotiations, as both sides agreed to pause some tariffs for 90 days, signaling a potential turning point in ongoing tensions. This rollback cuts U.S. tariffs on Chinese goods to 30% and Chinese tariffs on U.S. imports to 10%, giving companies breathing room to reset inventories and supply chains. However, President Trump clarified that tariffs could go "substantially higher" if a full deal with China wasn't reached during the 90-day pause, but not all the way back to the previous levels. Still, the agreement has cooled fears of a prolonged trade war, helping stabilize expectations for global growth and trade flows and fueling renewed optimism. The optimism appeared concentrated in key trade-sensitive sectors, particularly technology, retail, and industrials, as lower tariffs reduce cost pressures and restore cross-border demand. Cloudflare is up 59.2% since the beginning of the year, and at $179.19 per share, has set a new 52-week high. Investors who bought $1,000 worth of Cloudflare's shares 5 years ago would now be looking at an investment worth $6,149. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-04-2025
- Business
- Yahoo
Cloudflare Announces Date of First Quarter 2025 Financial Results
SAN FRANCISCO, April 14, 2025--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will report its financial results for the first quarter ended March 31, 2025 after the U.S. market closes on Thursday, May 8, 2025. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (646) 968-2727 or toll-free at (888) 596-4244 with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at A replay will be available approximately two hours after the conclusion of the live event and will remain available for approximately 30 days. About Cloudflare Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company on a mission to help build a better Internet. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare's connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business. Powered by one of the world's largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe. Learn more about Cloudflare's connectivity cloud at Learn more about the latest Internet trends and insights at Follow us: Blog | X | LinkedIn | Facebook | Instagram View source version on Contacts Investor Relations Information Phil Winslow, CFAir@ Press Contact Information Daniella Vallurupallipress@ Sign in to access your portfolio
