What happened
Shares of Cloudflare (NYSE:NET) have popped today, up by 11% as of 12:50 p.m. EDT, after the company received some positive comments from Wall Street. Needham analyst Alex Henderson boosted his price target on the stock from $32 to $38 while reiterating a buy rating.So what
Henderson believes that Cloudflare will enjoy strong demand for its products and services as more companies continue shifting to the cloud. It will also benefit from ongoing adoption of 5G edge computing, in Henderson's view. The analyst also points to Cloudflare's continued focus on innovation, such as recently introducing a new feature that could allow its services to process traffic 40% faster than before.Now what
Despite the increased price target, Henderson's estimates for the second quarter are below consensus, as well as Cloudflare's guidance. The analyst is modeling for the company to report a net loss per share of $0.11 in Q2, worse than the consensus estimate of $0.06 per share in red ink.The tech company's outlook for the second quarter calls for an adjusted net loss per share of $0.05 to $0.06 on revenue of $93.5 million to $94.5 million. Adjusted operating loss is forecast at $19 million to $20 million.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
谷歌翻譯:
發生了什麼
在美國東部時間12:50 pm之前，Cloudflare （NYSE：NET）的股價暴漲，該公司股價上漲了11％。Needham分析師亞歷克斯·亨德森（Alex Henderson）將其股票目標價從32美元上調至38美元，同時重申買入評級。
所以呢
亨德森認為，隨著越來越多的公司繼續向雲計算遷移，Cloudflare將對其產品和服務產生強勁的需求。亨德森認為，它還將受益於不斷採用的5G邊緣計算。分析師還指出，Cloudflare繼續致力於創新，例如最近推出了一項新功能，該功能可使其服務處理流量的速度比以前快40％。
圖片來源：GETTY IMAGES。
在上個月Needham將其估值預期從24美元提高到32美元之後，價格目標就出現了提振，理由是全球對Cloudflare產品的需求旺盛，第一季度大部分地區的強勁增長都證明了這一點。
怎麼辦
儘管提高了價格目標，但亨德森（Henderson）對第二季度的估計仍低於市場預期以及Cloudflare的指導。分析師正在為該公司建模，報告其第二季度每股淨虧損為0.11美元，低於市場普遍預期的紅色墨水每股0.06美元。
沒有留言:
張貼留言