Cloudflare's high P/S ratio is justified by its strong forec...
Cloudflare's high P/S ratio is justified by its strong forecasted revenue growth, outperforming the IT industry. Investors believe a decrease in revenues is remote, supporting the high P/S ratio. The share price is unlikely to fall significantly soon.
Cloudflare, Inc. (NYSE:NET) Looks Just Right With A 26% Price Jump
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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