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Cloudflare (NYSE:NET) Hits New 1-Year High – Still a Buy?
['Shane Hupp']
Ticker Report
Cloudflare, Inc. (NYSE:NET – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday .
Key Cloudflare NewsHere are the key news stories impacting Cloudflare this week:Get Cloudflare alerts:Positive Sentiment: New AI security tools expand Cloudflare’s addressable market.
Analysts are looking for second-quarter revenue growth near 30% and a path toward mid-30% growth by the end of 2026.
Insider Activity at CloudflareIn other Cloudflare news, CEO Matthew Prince sold 52,422 shares of Cloudflare stock in a transaction that occurred on Wednesday, July 1st.
Institutional Investors Weigh In On CloudflareSeveral hedge funds and other institutional investors have recently bought and sold shares of NET.