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Cloudflare (NET) to Offer Enterprise-Grade Email Security to All
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Cloudflare (NET - Free Report) recently announced that it will offer email security to all of its enterprise customers to protect them from phishing and malware attacks. The company stated that it intends to secure all enterprise plan customers with its email security tools after closing the Area 1 Security buyout.
Area 1 Security’s email protection will offer enterprise customers a simplified and effective email security solution implementable in just a click. Integrated with Cloudflare’s Zero Trust approach suite, the email security solution will enable the company’s customers to block malicious emails at the source. It will also allow customers to augment their existing email security solutions.
The latest move will also enable enterprise customers to add additional control, customize, and conduct advanced visibility through analytics. This includes displaying phishing insights within the Cloudflare Security Center and automatically routing suspicious links through remote browser isolation.
The email security solutions will be available for the other paid customers in the upcoming months.
Cloudflare is benefitting from solid demand for security solutions, which became imperative due to aggravated cyberattacks, work and learn from home policies and a zero-trust approach. The company reported revenues of $193.6 million in its latest quarterly report.
In fiscal 2021, Clouflare added 588 large customers (customers with Annualized Revenue greater than $100,000), totaling 1,416 large customers. Notably, large customers represented 54% of 2021 revenues. This uptrend, which has prevailed over the past few quarters, is driven by elevated demand for its cloud-based solutions amid the pandemic-led remote-working wave.
Zacks Rank & Key Picks
Cloudflare currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the broader computer and technology sector are Advanced Micro Devices (AMD - Free Report) , sporting a Zacks Rank #1 (Strong Buy), Axcelis Technologies (ACLS - Free Report) and Analog Devices (ADI - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for AMD’s first-quarter fiscal 2022 earnings has been revised upward by 23 cents to 91 cents per share over the past 60 days. For fiscal 2022, AMD’s earnings estimates have moved south by a penny to $3.99 per share in the past 30 days.
AMD’s earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 17%. Shares of AMD have gained 24% in the past year.
The Zacks Consensus Estimate for Axcelis’ first-quarter 2022 earnings has been revised a couple of cents upward to 89 cents per share over the past 60 days. For 2022, Axcelis’ earnings estimates have moved north by 12.4% to $3.99 per share in the past 60 days.
Axcelis’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 30.3%. Shares of ACLS have rallied 44.7% in the past year.
The Zacks Consensus Estimate for Analog Devices’ second-quarter fiscal 2022 earnings has been revised upward by 23 cents to $2.08 per share over the past 30 days. For fiscal 2022, Analog Devices’ earnings estimates have moved north by 79 cents to $8.32 per share in the past 30 days.
Analog Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have declined 3.5% in the past year.
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Cloudflare (NET) to Offer Enterprise-Grade Email Security to All
Cloudflare (NET - Free Report) recently announced that it will offer email security to all of its enterprise customers to protect them from phishing and malware attacks. The company stated that it intends to secure all enterprise plan customers with its email security tools after closing the Area 1 Security buyout.
Area 1 Security’s email protection will offer enterprise customers a simplified and effective email security solution implementable in just a click. Integrated with Cloudflare’s Zero Trust approach suite, the email security solution will enable the company’s customers to block malicious emails at the source. It will also allow customers to augment their existing email security solutions.
The latest move will also enable enterprise customers to add additional control, customize, and conduct advanced visibility through analytics. This includes displaying phishing insights within the Cloudflare Security Center and automatically routing suspicious links through remote browser isolation.
The email security solutions will be available for the other paid customers in the upcoming months.
Cloudflare, Inc. Price and Consensus
Cloudflare, Inc. price-consensus-chart | Cloudflare, Inc. Quote
Cloudflare is benefitting from solid demand for security solutions, which became imperative due to aggravated cyberattacks, work and learn from home policies and a zero-trust approach. The company reported revenues of $193.6 million in its latest quarterly report.
In fiscal 2021, Clouflare added 588 large customers (customers with Annualized Revenue greater than $100,000), totaling 1,416 large customers. Notably, large customers represented 54% of 2021 revenues. This uptrend, which has prevailed over the past few quarters, is driven by elevated demand for its cloud-based solutions amid the pandemic-led remote-working wave.
Zacks Rank & Key Picks
Cloudflare currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks from the broader computer and technology sector are Advanced Micro Devices (AMD - Free Report) , sporting a Zacks Rank #1 (Strong Buy), Axcelis Technologies (ACLS - Free Report) and Analog Devices (ADI - Free Report) , both carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for AMD’s first-quarter fiscal 2022 earnings has been revised upward by 23 cents to 91 cents per share over the past 60 days. For fiscal 2022, AMD’s earnings estimates have moved south by a penny to $3.99 per share in the past 30 days.
AMD’s earnings beat the Zacks Consensus Estimate in the preceding four quarters, the average surprise being 17%. Shares of AMD have gained 24% in the past year.
The Zacks Consensus Estimate for Axcelis’ first-quarter 2022 earnings has been revised a couple of cents upward to 89 cents per share over the past 60 days. For 2022, Axcelis’ earnings estimates have moved north by 12.4% to $3.99 per share in the past 60 days.
Axcelis’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 30.3%. Shares of ACLS have rallied 44.7% in the past year.
The Zacks Consensus Estimate for Analog Devices’ second-quarter fiscal 2022 earnings has been revised upward by 23 cents to $2.08 per share over the past 30 days. For fiscal 2022, Analog Devices’ earnings estimates have moved north by 79 cents to $8.32 per share in the past 30 days.
Analog Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 6%. Shares of ADI have declined 3.5% in the past year.