Analyse Cloudflare stock

Confirmed: The consensus price target of 213.92 EUR is only around 1.0% above the current price of 211.87 EUR and is therefore clearly within the required ±25% range.

Quantitative plausibility: Despite a negative P/E ratio, Cloudflare is trading on the basis of very high sales multipleand priced-in long-term growth; With a market capitalization of around 68.5 billion EUR, the valuation level is ambitious, but not obviously implausible for a high-quality infrastructure/security growth stock. The target is also well below the 52-week high of EUR 241.94 and close to the current market price, which indicates a base scenario th...