Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
> Down 6% after hours, for reasons that I don't understand
"Buy on the rumors, sell on the news". Sell on the news part I think
Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
The stock market is not about buying ownership in long-term stable, profitable companies, unless you zoom wwaaaaaaaaaaay out on the charts.
Day to day it's about riding hype up and jumping off before anyone else.
Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
Revenue is $125m this quarter, about 50% over last year. P/S is around 60, which might be too high to many people and therefore the correction.
Before 0% interest and euphoria, 20-40x was a good SaaS NTM/Revenue multiplier. SNOW is upwards of 200x at this point I believe
Does Cloudflare have any defensible moat? If Google or Microsoft decided to muscle Cloudflare out of business tomorrow, what’s to stop them? In comparison, we already know that Google can’t take out Facebook.
The major Cloudflare products (namely the CDN, WAF, DDoS protection, DNS management, and even serverless workers) are already replicated in AWS, GCP, and Azure. AFAIK the main thing that draws people to Cloudflare instead is "it's easier to use than bloated AWS/etc." And while that might be a completely valid value proposition, I'm not sure if it's a long term winner, especially as more and more companies migrate to…
I wouldn't call Cloudfront bloated. It is under featured if anything, the product has seen little change in the past few years.
Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
Cloudflare seems like a promising stock, but the dual-class shares really put me off. It doesn't even look like Class B is even traded; at least for, say, Google, you can buy their Class B stock.
Class A shares (GOOGL) have one vote, Class C shares (GOOG) have 0 votes
The whole market is overvalued. It has become a kind of bitcoin. Fundamentals don't matter anymore. It's positioning and volume.
> The whole market is overvalued. This is actually fake news and I'll tell you why. Bond yields have never been this low. No other alternatives to park capital if you are seeking yield/return. The market is actually correctly valued if you take M2 money circulation/supply into account as well. Something like that. I read it on r/investing. You have to sift through the weed/penny stock posts to find the good informati…
The whole market is overvalued. It has become a kind of bitcoin. Fundamentals don't matter anymore. It's positioning and volume.
> The whole market is overvalued. This is actually fake news and I'll tell you why. Bond yields have never been this low. No other alternatives to park capital if you are seeking yield/return. The market is actually correctly valued if you take M2 money circulation/supply into account as well. Something like that. I read it on r/investing. You have to sift through the weed/penny stock posts to find the good informati…
I've been thinking about this for a while. Let's say that the USD is indeed 40% devalued and the market melted up significantly as a result of this -- does this not make "value" stocks a massive bargain? That is, if something was at a PE of 10 before the money printing, has maintained reasonable fundamentals, and remains at a PE of 10, isn't it stunningly undervalued if the same money printing is used to justify "growth" stock rallies?
Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
It's a mantra of stock trading to buy on rumor and sell on news. This report was likely already priced in based on estimates.
Down 6% after hours, for reasons that I don't understand. Personally, I'm more-sure that Cloudflare will be around in 25 years than I am that Facebook will be around in 25 years. Their customers are real-valuable customers paying for a real-valuable service, and that's not going away anytime soon. Meanwhile, their serverless stuff is very cool and unique. I think their durable objects are going to go mainstream somed…
The valuation is based on hyper-aggressive growth expectations that compound over time. If you shave even a few percent off the growth projections stock takes a hit. It’s hard to switch your CDN provider in the short term, but it’s feasible that Amazon, MSFT or Google could bump them out of every large enterprise in the long term.
> It’s hard to switch your CDN provider in the short term, but it’s feasible that Amazon, MSFT or Google could bump them out of every large enterprise in the long term. That's what I'd worry about, too: for a large company, there's a fairly large cost to dealing with each new vendor. Once Amazon, Microsoft, Google, etc. has a CDN which is competitive for your needs someone is going to ask whether the extra benefits a…
So next step for cloudflare is to provide a cloud.