Where Will Cloudflare Stock Be in 1 Year?

The cloud software company is struggling to grow into its premium valuations.Cloudflare's (NET -0.13%) stock sank 17% after it posted its first quarter report on May 2. The cloud-based content delivery network (CDN) provider's revenue rose 30% year over year to $379 million and exceeded analysts' estimates by $5 million. Its adjusted EPS doubled to $0.16 and cleared the consensus forecast by three cents.Those headline numbers were healthy, but Cloudflare's stock might have been due for a breather after more ...