Market Forecasts

CloudFlare stock jumps 21% after raising 2022 revenue guidance

$NYSE:NET

1 Mins read

Trending News ☀️

CloudFlare’s ($NYSE:NET) stock soared 21% postmarket on Thursday after the firm raised its 2022 revenue guidance as it added a record number of large customers in Q2. NET now expects 2022 revenue of $968M-$972M vs. consensus estimate of $958.7M. This is great news for CloudFlare, and investors seem to believe that the company is positioned for continued growth in the long term. With a strong customer base and solid financial guidance, CloudFlare looks poised to continue its impressive performance in the market.

Market Reaction

Investors were pleased with CloudFlare’s updated guidance for 2022, sending the stock up 21% on Thursday.

nyse:net, market news, nyse, stock analysis
VI Analysis

Company’s fundamentals reflect its long term potential, below analysis on CLOUDFLARE are made simple by VI app. According to VI Risk Rating, CLOUDFLARE is a medium risk investment in terms of financial and business aspects. You may look at what are the business and financial areas presenting potential risks in our website. One of the main reasons why an investor would want to use the VI App to analyze a company is because the app makes it easy to understand a company’s financial and business fundamentals. This is important because these fundamentals can give investors insight into a company’s long-term potential. According to the VI Risk Rating, CLOUDFLARE is a medium risk investment in terms of financial and business aspects. This means that there are some potential risks associated with investing in the company, but overall it is still a reasonably safe investment.

However, investors should be aware of the areas where there may be potential risks so that they can make an informed decision about whether or not to invest.

nyse:net, market news, nyse, stock analysis

Related posts
Credit ServicesIntrinsic ValueProfitability

Jianpu Technology Posts GAAP EPADS of -$0.12 and Revenue of $29.7M

$NYSE:JT

Trending News 🌥️ Jianpu Technology Intrinsic Stock Value – Jianpu Technology ($NYSE:JT) is a leading provider of online personal credit products and services in China. The company offers a wide range of products and services,…
Engineering & ConstructionIntrinsic ValueInvesting Tip

Quanta Services to Invest $24 Million in Upgrading Electric Grids

$NYSE:PWR

Trending News 🌥️ Quanta Services Stock Intrinsic Value – Quanta Services ($NYSE:PWR), Inc. is a company that provides specialty contracting services around the world and operates in three segments: Electric Power Infrastructure, Renewable Energy Infrastructure,…
Corporate ActionCredit ServicesIntrinsic Value

LendingClub to acquire $1. 05 billion loan portfolio

$NYSE:LC

Trending News 🌥️ Lendingclub Corporation Stock Intrinsic Value – LENDINGCLUB ($NYSE:LC): LendingClub is a financial technology company that operates an online lending marketplace. The company has agreed to acquire a loan portfolio worth $1. 05…
Intrinsic ValueMedical Devices

OrthoPediatrics Corp. Publishes Slide Deck on Kids' Investor Presentation

$NASDAQ:KIDS

Trending News 🌥️ Orthopediatrics Corp Intrinsic Value – ORTHOPEDIATRICS ($NASDAQ:KIDS): OrthoPediatrics Corp. is a leading provider of paediatric orthopaedic solutions. The company designs, develops, and markets a comprehensive range of surgical and non-surgical products used…
Intrinsic ValueMarket PriceRecreational Vehicles

Brunswick Corporation's Stock Price Continues to Decline

$NYSE:BC

Trending News 🌥️ Brunswick Corporation Intrinsic Value – Brunswick Corporation ($NYSE:BC) is a publicly traded company with its headquarters in Illinois, USA. The company is engaged in the design, manufacture and marketing of recreation products,…
Intrinsic ValueOther Industrial Metals & Mining

Materion Corporation releases new investor presentation

$NYSE:MTRN

Trending News 🌥️ Materion Corporation Stock Fair Value – Materion Corporation ($NYSE:MTRN) is a company that manufactures and supplies advanced materials used in a variety of industries and applications. Some of the industries that Materion…
Electrical Equipment & PartsIntrinsic ValueProfitability

EOS Energy Backlog Gives Revenue Growth Visibility: Stifel

$NASDAQ:EOSE

Trending News ☀️ EOSE Intrinsic Value – Eos Energy Enterprises ($NASDAQ:EOSE) is a company that is involved in the development, manufacturing, and marketing of batteries and energy storage systems. The company has a strong focus…
Intrinsic ValueSoftware - Application

CleanSpark Maintains BTC Lead in May

$NASDAQ:CLSK

Trending News 🌥️ Cleanspark Intrinsic Value – CLEANSPARK ($NASDAQ:CLSK): CleanSpark is a leading provider of Bitcoin mining services. In May, the company mined 8 BTC, bringing the total for the month to 535 BTC. Compared…
BiotechnologyIntrinsic Value

Cidara Therapeutics: Investor Presentation Slideshow

$NASDAQ:CDTX

Trending News 🌥️ Cidara Therapeutics Intrinsic Stock Value – Cidara Therapeutics ($NASDAQ:CDTX) is a clinical stage biotechnology company focused on the development of novel anti-infectives. Rezafungin is a novel echinocandin in development for the treatment…
DividendsIntrinsic ValueRental & Leasing Services

Herc Holdings stock dividend - Herc Holdings announces quarterly dividend payment

$NYSE:HRI

Trending News 🌥️ Herc Holdings Stock Fair Value – Herc Holdings ($NYSE:HRI) Inc., through its subsidiaries, provides equipment rental and related services to a variety of customers, including the construction, industrial, energy, and governmental sectors,…