Cloudflare's Trading Volume Drops 46.71% to $497 Million Yet Stock Price Rises to Second Consecutive Day of Gains

Generated by AI AgentAinvest Volume Radar
Friday, Jun 6, 2025 8:06 pm ET1min read

On June 6, 2025, Cloudflare's trading volume reached $497 million, marking a 46.71% decrease from the previous day. Despite this, the stock price of

(NET) rose by 1.89%, marking the second consecutive day of gains and a total increase of 5.12% over the past two days.

Cloudflare has experienced a remarkable surge in its stock value over the past year, with an impressive increase of 146.98%. This significant growth highlights the company's strong momentum in the competitive tech industry.

UBS Group recently adjusted their target price for Cloudflare shares, raising it from $135.00 to $145.00 and maintaining a "neutral" rating. This adjustment reflects the company's continued performance and market potential.

In the most recent quarter, Cloudflare reported a 27% increase in revenue, accompanied by a 77% gross margin. This financial performance underscores the company's robust growth and profitability in the cloud services sector.

Over the past three months, Cloudflare's stock has seen a 9% increase, driven by growth in AI and Zero Trust deals. However, there are concerns about slowing revenues, which investors are closely monitoring.

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