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Cloudflare, Inc. (NET): A Bull Case Theory

We came across a bullish thesis on Cloudflare, Inc. (NET) on Substack by Northwest Frontier Capital. In this article, we will summarize the bulls’ thesis on NET. Cloudflare, Inc. (NET)'s share was trading at $154.49 as of May 14th. NET’s forward P/E was 185.19 according to Yahoo Finance.

[caption id="attachment_518921" align="aligncenter" width="750"] Copyright: hywards / 123RF Stock Photo[/caption]

Cloudflare’s Q1 earnings signal a pivotal transformation from a disruptive startup into a vital enterprise platform, driven by strong revenue growth and deepening enterprise...