|Bid||46.00 x 1000|
|Ask||46.19 x 1000|
|Day's range||43.52 - 47.04|
|52-week range||37.37 - 170.40|
|Beta (5Y monthly)||1.01|
|PE ratio (TTM)||N/A|
|Earnings date||08 Feb 2023 - 13 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||66.67|
The consensus price target hints at a 53% upside potential for Cloudflare (NET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
With GDP growth returning and the Federal Reserve potentially slowing the pace of rate hikes, growth stocks are looking good.
Airbnb, Datadog, Ceridian HCM Holding, Cloudflare and Unity Software are part of the Zacks top Analyst Blog.