{"id":41142,"date":"2025-06-29T11:37:32","date_gmt":"2025-06-29T11:37:32","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/29\/cloudflare-stock-price-forecast-eying-ath-after-flipping-key-resistance\/"},"modified":"2025-06-29T11:37:32","modified_gmt":"2025-06-29T11:37:32","slug":"cloudflare-stock-price-forecast-eying-ath-after-flipping-key-resistance","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/06\/29\/cloudflare-stock-price-forecast-eying-ath-after-flipping-key-resistance\/","title":{"rendered":"Cloudflare stock price forecast: eying ATH after flipping key resistance"},"content":{"rendered":"<div><\/div>\n<p>Cloudflare stock price has gone parabolic and crossed an important resistance level as demand for its services and its market share soared. NET jumped to a high of $195, its highest level since November 2021, and 410% above its lowest point in 2022, giving it a market cap of over $60 billion.<\/p>\n<h2 class=\"wp-block-heading\">Cloudflare demand is surging<\/h2>\n<p>Cloudflare is one of the biggest and most important companies globally, powering most websites and applications that people use today. Its main product is a Content Delivery Network (CDN), a system of distributed servers that ensure that pages load faster.<\/p>\n<p>CDNs store cached versions of content on servers located globally. As a result, when users request content, the CDN company routes them to the nearest server, reducing latency and boosting load terms.&nbsp;<\/p>\n<p>Cloudflare has the biggest market share in the CDN industry, with over 40% share. This explains why you mostly see its service whenever you visit most websites today. Other solutions are jsDelivr, Amazon CloudFront, Akamai Technologies, Fastly, Google, and Microsoft.&nbsp;<\/p>\n<p>Cloudflare\u2019s business has done well in the past few years, with its annual revenue jumping from $430 million in 2020 to $1.6 billion last year.&nbsp;<\/p>\n<p>This growth happened as it enrolled more clients, including highly trafficked websites like Walmart, Shopify, and Coinbase. It now has over 250,000 paying customers.<\/p>\n<h2 class=\"wp-block-heading\">NET growth continues<\/h2>\n<p>The most recent results showed that <a href=\"https:\/\/invezz.com\/news\/2025\/01\/03\/cloudflare-stock-is-on-the-verge-of-a-bullish-breakout\/\">Cloudflare\u2019s growth<\/a> continued surging in the first quarter. Its first-quarter revenue jumped by 27% in Q1 to $471 million, a strong figure for a company started in 2010.<\/p>\n<p>This growth happened as the company\u2019s large customers paying it over $100,000 a year jumped to 3,527, up from 2,156 in Q1\u201923. The company will likely continue doing well as the total addressable market jumped from $32 billion in 2018 to over $231 billion today.<\/p>\n<p>The key benefit for the Cloudflare stock is that it has a high retention of 111% since most companies don\u2019t switch their CDN service.&nbsp;<\/p>\n<p>Further, the company is able to upsell its customers new products, especially in the cybersecurity space. For example, it has become a big player in the DDoS protection, and website application firewalls.<\/p>\n<p>The company is also expected to boost its profitability this year. Its earnings per share is expected to be 80 cents, up from 75 cents a year earlier.&nbsp;<\/p>\n<p>Analysts are also <a target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/quote\/NET\/analysis\/\">optimistic<\/a> that its double-digit revenue growth will accelerate this year. The average estimate is that its revenue will grow by 25.5% this year to $2.1 billion, followed by $2.65 billion in 2026.&nbsp;<\/p>\n<p>The risk, however, is that the company has become highly overvalued, even based on the rule-of-40 metric. This is a popular metric that looks at a company\u2019s revenue growth and margins.&nbsp;<\/p>\n<p>Cloudflare has a forward revenue growth of about 25% and a forward operating margin of 13%. This gives it a forward rule-of-40 metric of about 38%, slightly below 40<\/p>\n<h2 class=\"wp-block-heading\">Cloudflare stock price technical analysis<\/h2>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><figcaption class=\"wp-element-caption\">NET stock price chart | Source: <a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/NYSE-NET\/\">TradingView<\/a><\/figcaption><\/figure>\n<p>The weekly chart shows that the NET stock price has surged in the past few months. It move above the crucial resistance point at $177.50, the highest swing in February. Moving above that resistance level invalidated the double-top pattern.&nbsp;<\/p>\n<p>Cloudflare share price has moved above the 50-week and 100-week Exponential Moving Averages (EMA). Further, the Relative Strength Index (RSI) and the MACD continued rising.&nbsp;<\/p>\n<p>Therefore, the stock will likely continue rising as bulls target the key resistance level at $220, the highest point in November 2021. A drop below the support at $177.50 will invalidate the bullish forecast.&nbsp;<\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/06\/28\/cloudflare-stock-price-forecast-eying-ath-after-flipping-key-resistance\/\">Cloudflare stock price forecast: eying ATH after flipping key resistance<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloudflare stock price has gone parabolic and crossed an important resistance level as demand for its services and its market share soared. NET jumped to a high of $195, its highest level since November 2021, and 410% above its lowest point in 2022, giving it a market cap of over $60 billion. Cloudflare demand is <\/p>\n","protected":false},"author":1,"featured_media":41143,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-41142","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=41142"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/41142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/41143"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=41142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=41142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=41142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}