Cloudflare (NET) Stock Analysis 2021 | High Growth SaaS Stock (Q2 Earnings)
Cloudflare beat earnings yet again this quarter and grew 53% in the last year. In this video I analyze NET stock to see how they performed during earnings and how the stock my perform going forward.
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Cloudflare recently reported earnings for Q2 2021, and as usual, they beat both their own forecast and analyst estimates. Cloudflare is a company that is making the internet itself better, taking this 1980s technology we use every day and bringing it into the future. They are also moving from a niche service provider into a full-on cloud competitor, winning contracts with Fortune 500 companies and even governments around the world.
In this video I look at how Cloudflare got to where it is today, analyze their most recent earnings from Q2 2021 (and compare this to my own earnings prediction from my last video), and talk about how the company may perform going forward into Q3 and beyond.
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I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.