We joined Yahoo Finance’s YFi PM on Friday, September 13 to provide insights into Cloudflare’s business and valuation.
A review of Cloudflare’s (NET) recently filed S-1 reveals the firm is growing paying customers at a rapid pace and partners with some of the top firms in the tech industry. However, growing expenses hint at a lack of economies of scale, which should make investors question if the firm can achieve the profit growth implied by its IPO valuation.
This article originally published on September 13, 2019.
Disclosure: David Trainer, Sam McBride, and Kyle Guske II receive no compensation to write about any specific stock, sector, style, or theme.
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