Cloudflare receives highest score among all WAF providers in current offering category Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, has been named by Forrester Research, Inc. as a Leader in The Forrester Wave™: Web Application Firewall Solutions, Q1 2025 report. Cloudflare's Web Application Firewall (WAF) received the highest possible score in 15 out of 22 criteria including Innovation, Detection models, Product security, Partner ecosystem and more. "Since our founding, Cloudflare's WAF has been a cornerstone offering for millions of customers who depend on us to buy valuable time to patch their systems before hackers can find and exploit vulnerable applications,"

Advanced suite of AI security capabilities provides an easy, safe, and reliable way for companies of all sizes to protect AI model deployment, data, and integrity Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today unveiled Cloudflare for AI, a suite of tools to provide comprehensive visibility, security and control for AI applications–from model deployment to usage and defense against abuse. Now, Cloudflare customers will be able to protect themselves against the most pressing threats facing today's AI models, including employee misuse of tools, toxic prompts, personally identifiable information (PII) leakage, and other emerging vulnerabilities. AI is rapidly resha

Customers can tap into insights from Cloudflare's global network – one of the largest in the world – which blocked an average of 227 billion cyber threats each day during Q4 2024 Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today launched the Cloudforce One threat events platform to provide real-time intelligence on cyberattacks occurring across the Internet. Based on telemetry from Cloudflare's massive global network, Cloudforce One's threat events platform helps security teams get more done with the same resources by spotting issues faster, responding to threats quickly and staying one step ahead of how cybercriminals operate and what systems they target. Every d

New capabilities will help organizations address threats fast and efficiently–without adding unnecessary vendors or costs Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the general availability of Cloudflare's integrated Security Posture Management to help businesses quickly identify and fix security risks across all of their email solutions, SaaS and cloud infrastructure and web applications from a single, unified platform. Now, organizations can see all of their technology in a single dashboard, understand the potential threats and provide immediate actions to reduce their risk quickly and efficiently. The average enterprise today uses more than a t

Sets a new industry standard with the only quantum-ready zero trust network access solution with broader protocol support coming mid-2025 Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it is expanding end-to-end support for post-quantum cryptography to its Zero Trust Network Access solution. Available immediately, organizations can securely route communications from web browsers to corporate web applications to gain immediate, end-to-end quantum-safe connectivity. By mid-2025, Cloudflare will extend this support to include all IP protocols, significantly broadening compatibility across most corporate applications and devices. With this, organizati

Fourth quarter revenue totaled $459.9 million, representing an increase of 27% year-over-year; fiscal year 2024 revenue totaled $1,669.6 million, representing an increase of 29% year-over-year GAAP loss from operations of $34.7 million, or 7.5% of total revenue, and non-GAAP income from operations of $67.2 million, or 14.6% of total revenue Customers spending more than $1 million grew to 173, representing a 47% increase year-over-year Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. "We had a very strong end of 2024. We saw record growth in our largest customers,

Cloudflare pursues federal security certifications across US, Australia, and secures certification from Spain to protect, connect, and accelerate critical public sector missions Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the intent to achieve FedRAMP High authorization for the United States and to complete an InfoSec Registered Assessors Program (IRAP) PROTECTED assessment for Australia. This comes on the heels of achieving Esquema Nacional de Seguridad (ENS) certification for Spain, demonstrating Cloudflare's commitment to meeting the most stringent security standards across key government and critical infrastructure sectors. "Cloudflare is com

Industry-first solution now allows publishers and media organizations to preserve the digital history of their images across Cloudflare's global network Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced a new, one-click solution for content creators and publishers to seamlessly preserve the digital history of an image—from how an image was created, and by whom, to edits and resizes—across the Cloudflare network. By attaching this digital ‘nutrition label,' or Content Credentials, directly to an image, creators can be credited for their work and consumers can easily verify the origin and alterations of digital content. Content Credentials is based on stan

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will report its financial results for the fourth quarter ended December 31, 2024 after the U.S. market closes on Thursday, February 6, 2025. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (877) 400-4517 from the United States or (332) 251-2620 internationally with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours afte

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will host an Investor Day on Wednesday, March 12, 2025. The event is expected to start at 1:00 p.m. Eastern time (10:00 a.m. Pacific time) and conclude at approximately 3:30 p.m. Eastern time (12:30 p.m. Pacific time). This event will be held at the New York Stock Exchange in New York, NY. A live webcast will also be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay of the presentations will be available following the completion of the event. About Cloudflare Cloudflare, Inc. (NYSE:NET) is the leading connectivity cloud company. It empowers organizations to

Oppenheimer resumed coverage of Cloudflare with a rating of Outperform and set a new price target of $150.00

Morgan Stanley resumed coverage of Cloudflare with a rating of Overweight

DZ Bank downgraded Cloudflare from Hold to Sell and set a new price target of $145.00

Oppenheimer downgraded Cloudflare from Outperform to Perform

Robert W. Baird downgraded Cloudflare from Outperform to Neutral and set a new price target of $140.00 from $125.00 previously

Citigroup upgraded Cloudflare from Neutral to Buy and set a new price target of $145.00 from $95.00 previously

Cantor Fitzgerald initiated coverage of Cloudflare with a rating of Neutral and set a new price target of $111.00

RBC Capital Mkts reiterated coverage of Cloudflare with a rating of Outperform and set a new price target of $123.00 from $99.00 previously

Goldman upgraded Cloudflare from Sell to Buy and set a new price target of $140.00 from $77.00 previously

Stifel upgraded Cloudflare from Hold to Buy and set a new price target of $136.00 from $95.00 previously

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Industry veteran with track record of driving innovation at scale across multiple enterprise technology companies to accelerate next chapter of growth Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the appointment of Chirantan "CJ" Desai as President of Product & Engineering to further accelerate the company's next phase of growth to $5 billion in annual recurring revenue and beyond. Desai's 25+ years of experience spans product innovation, go-to-market strategies, and operational efficiency—all key in building high-performing teams and driving sustained business growth at scale. Desai most recently served as President and Chief Operating Officer at S

Acquisition adds more proactive controls to Cloudflare One so businesses can better secure every interaction when using major cloud providers Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the acquisition of Kivera, a cloud security, data protection, and compliance platform. The combination of Kivera and the Cloudflare One platform will put preventive controls directly into the cloud deployment process, or ‘inline', preventing security issues and risks before they happen to create a cloud journey that is faster, simpler, and more secure. Gartner® estimates that, "through 2027, 99% of records compromised in cloud environments will be the result of user

USA News Group  CommentaryIssued on behalf of Avant Technologies Inc. VANCOUVER, BC, June 21, 2024 /PRNewswire/ -- USA News Group – Several big winners have been made already in the ongoing artificial intelligence (AI) revolution. However, there's clearly none bigger than chipmaking giant NVIDIA Corporation (NASDAQ:NVDA), which just surpassed two of its big tech peers to become the most valued publicly-traded company on the planet. To put it into perspective, NVIDIA's market cap is currently larger than each of Europe's largest stock markets, while lucky investors who bet $1000 on NVIDIA stock just ten years ago would be sitting on an extra $297,600 today. Now as analysts are predicting that

Acquisition adds secure remote infrastructure access to Cloudflare One, safeguarding customers' most critical systems Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the acquisition of BastionZero, a Zero Trust infrastructure access platform, to further strengthen remote access to core IT systems for customers of Cloudflare One, the company's secure access service edge (SASE) platform. Combined with existing Cloudflare One capabilities, the acquisition of BastionZero gives IT and security teams Zero Trust controls for infrastructure like servers, Kubernetes clusters, and databases. This expands the scope of Cloudflare's VPN replacement solution beyon

Industry veteran with proven track record of scaling revenue across multiple enterprise technology companies to accelerate next chapter of growth Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced the appointment of Mark Anderson, a current member of Cloudflare's Board of Directors, as President of Revenue to further accelerate the company's next phase of growth at scale to $5 billion in annual recurring revenue and beyond. Anderson most recently served as the CEO of Alteryx (NYSE:AYX) and brings 25+ years of experience building high performing teams and scaling revenue at multiple enterprise technology companies. Prior to his role at Alteryx, Anderson

Cloudflare, Inc. (NYSE:NET), the security, performance, and reliability company helping to build a better Internet, today announced the appointment of Phil Winslow as Vice President of Strategic Finance, Treasury, and Investor Relations. Winslow previously covered Cloudflare as a financial analyst at Credit Suisse, where he was the global head of the software team, and at Wells Fargo. "Phil has extensive expertise in the software industry, and we have developed a relationship with him prior to this search, as he has covered Cloudflare for years," said Matthew Prince, CEO and co-founder, Cloudflare. "As someone who has been following our growth even before our IPO, welcoming him to Cloudfla

The company continues to expand in Latin America with a new appointment, its growing team and operations, and global network Cloudflare, Inc. (NYSE:NET), the security, performance, and reliability company helping to build a better Internet, today announced the appointment of Carlos Torales Montero as Vice President, Head of Sales, Latin America, to build upon its global network and growing customer base in the region. Carlos brings more than twenty years of experience in the technology sector, specifically in go-to-market strategy and talent development efforts in new markets, to drive growth, and scale high-performance organizations. Carlos comes to Cloudflare from Cisco, where he managed

tZERO, a leader in blockchain innovation and liquidity for digital assets, announced today it will appoint David Goone, currently the Chief Strategy Officer of Intercontinental Exchange, Inc. (NYSE:ICE), to become tZERO's new Chief Executive Officer. Related to Goone's appointment, tZERO also announced that it has completed an additional strategic funding round from new and existing investors. Participants in the financing include NYSE parent company ICE, which will become a significant minority shareholder of tZERO, Overstock.com, Inc. (NASDAQ:OSTK), an original investor in tZERO, and Medici Ventures, L.P., a blockchain-focused fund whose general partner is an entity affiliated with Pelion

Atlassian Corporation Plc (NASDAQ:TEAM), a leading provider of team collaboration and productivity software, today announced it has appointed Michelle Zatlyn to its board of directors. Michelle is the co-Founder, COO, and President of Cloudflare, Inc. (NYSE:NET), the security, performance, and reliability company helping to build a better Internet. "When Michelle and her fellow co-founders started Cloudflare 11 years ago, they began with the mission to help build a better Internet," said Mike Cannon-Brookes, Atlassian's co-founder and co-CEO. "That core ethos has been central to Cloudflare's incredible growth to a public company with 16 global offices and over 2,000 employees. We are thril

SINGAPORE--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced the appointment of Jonathon Dixon as Vice President and General Manager, Asia Pacific, bringing with him more than 20 years of enterprise leadership experience in the IT industry, working for companies including IBM, Cisco and Amazon Web Services. In his last role, Jonathon was responsible for the enterprise business segment at Amazon Web Services for Asia Pacific & Japan. Jonathon is based in Singapore, where Cloudflare’s APAC headquarters are located. Cloudflare first invested in APAC nearly a decade ago, expanding its ne

Fourth quarter revenue totaled $459.9 million, representing an increase of 27% year-over-year; fiscal year 2024 revenue totaled $1,669.6 million, representing an increase of 29% year-over-year GAAP loss from operations of $34.7 million, or 7.5% of total revenue, and non-GAAP income from operations of $67.2 million, or 14.6% of total revenue Customers spending more than $1 million grew to 173, representing a 47% increase year-over-year Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. "We had a very strong end of 2024. We saw record growth in our largest customers,

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will report its financial results for the fourth quarter ended December 31, 2024 after the U.S. market closes on Thursday, February 6, 2025. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (877) 400-4517 from the United States or (332) 251-2620 internationally with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours afte

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will host an Investor Day on Wednesday, March 12, 2025. The event is expected to start at 1:00 p.m. Eastern time (10:00 a.m. Pacific time) and conclude at approximately 3:30 p.m. Eastern time (12:30 p.m. Pacific time). This event will be held at the New York Stock Exchange in New York, NY. A live webcast will also be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay of the presentations will be available following the completion of the event. About Cloudflare Cloudflare, Inc. (NYSE:NET) is the leading connectivity cloud company. It empowers organizations to

Third quarter revenue totaled $430.1 million, representing an increase of 28% year-over-year GAAP loss from operations of $30.8 million, or 7% of revenue, and non-GAAP income from operations of $63.5 million, or 15% of revenue Operating cash flow of $104.7 million, or 24% of revenue, and free cash flow of $45.3 million, or 11% of revenue Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced financial results for its third quarter ended September 30, 2024. "I am pleased with our results for the third quarter—exceeding expectations for revenue, operating margin, and free cash flow while also reaching a key inflection point in the transformation of our go

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will report its financial results for the third quarter ended September 30, 2024 after the U.S. market closes on Thursday, November 7, 2024. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (877) 400-4517 from the United States or (332) 251-2620 internationally with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours after

Second quarter revenue totaled $401.0 million, representing an increase of 30% year-over-year GAAP loss from operations of $34.7 million, or 9% of revenue, and non-GAAP income from operations of $57.0 million, or 14% of revenue Operating cash flow of $74.8 million, or 19% of revenue, and free cash flow of $38.3 million, or 10% of revenue Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced financial results for its second quarter ended June 30, 2024. "We had a strong second quarter, crossing $1.6 billion in annualized revenue and growing 30% year-over-year. The world is still complicated, but our team remained focused on execution and delivered te

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will report its financial results for the second quarter ended June 30, 2024 after the U.S. market closes on Thursday, August 1, 2024. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (877) 400-4517 from the United States or (332) 251-2620 internationally with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours after the

First quarter revenue totaled $378.6 million, representing an increase of 30% year-over-year GAAP loss from operations of $54.6 million, or 14% of revenue, and non-GAAP income from operations of $42.4 million, or 11% of revenue Operating cash flow of $73.6 million, or 19% of revenue, and free cash flow of $35.6 million, or 9% of revenue Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced financial results for its first quarter ended March 31, 2024. "The first quarter marked a strong start to the year, as we grew revenue 30% year-over-year to $378.6 million—fueled by a record number of net-new customers year-over-year spending more than $100,000,

Cloudflare enters new market; acquisition will enhance observability tools within Cloudflare's developer platform to keep pace with the evolving needs of modern web applications Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced an entrance into the observability market with the acquisition of Baselime, the cloud-native observability platform. By integrating Baselime's technology with Cloudflare's developer platform, Cloudflare will be uniquely positioned to bring deep knowledge of serverless platforms and developer experience together to solve the challenges of observability for serverless apps. Today, entire applications are built on serverless architec

Cloudflare, Inc. (NYSE:NET), the leading connectivity cloud company, today announced that it will report its financial results for the first quarter ended March 31, 2024 after the U.S. market closes on Thursday, May 02, 2024. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing (877) 400-4517 from the United States or (332) 251-2620 internationally with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours after the co

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