Needham Initiates Cloudflare(NET.US) With Buy Rating, Announces Target Price $110

Needham首次給予Cloudflare(NET.US)買入評級，目標價110美元

moomoo資訊 · 2024/11/11 19:31 · 評級/大行評級

Needham analyst Mike Cikos initiates coverage on $Cloudflare (NET.US)$ with a buy rating, and sets the target price at $110.

According to TipRanks data, the analyst has a success rate of 54.1% and a total average return of 12.0% over the past year.

AnalystRecentRatingAutoNews_77919296888810_20241111_5500f8c5e01e4e61d501f8302a2eb50ee3a45730_1731411024293703_mm_en

Furthermore, according to the comprehensive report, the opinions of $Cloudflare (NET.US)$'s main analysts recently are as follows:

Cloudflare's third quarter was described as 'mixed', with the observation that a number of significant deals within the Americas were deferred to the fourth quarter, influenced by changes in the company's leadership for 2024. The process of enhancing the sales team to seize both the enterprise opportunity and a broader product opportunity, particularly in Security, is expected to be a gradual and non-linear endeavor.
Cloudflare's third-quarter results were deemed solid, yet they fell short of the heightened anticipations. The perception is that the company's current valuation aligns with its prospects for mid-to-high-20s percentage revenue growth, an upward trend in margins, and an attractive narrative surrounding artificial intelligence.
Cloudflare delivered a robust performance in Q3, yet the Q4 revenue outlook fell short of expectations. Even with the acknowledgment of some major U.S. deals being deferred due to shifts in market strategy, confidence in Cloudflare's potential across multiple areas of focus has grown.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Needham分析師Mike Cikos首次給予$Cloudflare (NET.US)$買入評級，目標價110美元。

根據TipRanks數據顯示，該分析師近一年總勝率為54.1%，總平均回報率為12.0%。

AnalystRecentRatingAutoNews_77919296888810_20241111_5500f8c5e01e4e61d501f8302a2eb50ee3a45730_1731411024293703_mm_tc

此外，綜合報道，$Cloudflare (NET.US)$近期主要分析師觀點如下：

Cloudflare的第三季度被描述爲「喜憂參半」，據觀察，受公司2024年領導層變動的影響，美洲境內的許多重大交易被推遲到第四季度。加強銷售團隊以抓住企業機遇和更廣泛的產品機會（尤其是在安全領域）的過程預計將是一項漸進的非線性工作。
Cloudflare的第三季度業績被認爲穩健，但沒有達到更高的預期。人們認爲，該公司目前的估值與其20年代中高位收入增長百分比、利潤率上升趨勢以及圍繞人工智能的引人入勝的敘事的前景一致。
Cloudflare在第三季度表現強勁，但第四季度的收入前景不及預期。儘管承認由於市場戰略的轉變，一些美國重大交易被推遲，但人們對Cloudflare在多個重點領域的潛力的信心有所增強。

提示:

TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。

TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。

分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。

總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。

声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。更多信息

Needham Initiates Cloudflare(NET.US) With Buy Rating, Announces Target Price $110

Needham Initiates Cloudflare(NET.US) With Buy Rating, Announces Target Price $110

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