$210.13
7.1% vs S&P 12m
Business overview
Global edge network with Workers AI inference, R2 storage, and Zero Trust; positioning as edge AI inference platform.
Edge inference at low cost could displace some hyperscaler inference spend; AI Gateway and Workers AI are the wedge.
Products
- Workers AI
- R2
- Zero Trust
- WAF/CDN
Customers (2)
- Enterprises
- Developers
Competitors (3)
- Hyperscalers
- Akamai
- Fastly
Composite score
Higher = stronger overall research case
Fundamental71
Technical68
Valuation20
AI relevance65
Risk-adjusted (higher = safer)41
Segment-relative fundamental percentile: 92
Synthetic 1Y price action
Deterministic price series; 50d (yellow) and 200d (orange) MAs shown
3M RS: 0.8%6M RS: -7.5%12M RS: 7.1%Vol30d: 110%DD52w: -18.2%
Financial summary
Curated, illustrative
Revenue
$2.33B
Growth (YoY)
33.5%
Gross margin
73.3%
Operating margin
-9.7%
FCF
$755.00M
Capex
$0.00
Net cash / (debt)
$639.34M
ROIC
-2.7%
Customer conc.
Medium
Valuation
Market cap
$74.27B
Enterprise value
$73.63B
P/E (TTM)
—
Forward P/E
137.8x
EV / Sales
31.6x
EV / EBITDA
90.0x
P / FCF
98.4x
PEG
2.4x
Rule of 40
45.0%
Risks
Severity 1 (low) to 5 (severe)
- 4Extreme valuation
Score components
What drove the composite
Growth89
Profitability24
Cash generation93
Balance sheet86
Moat / AI relevance75
Capital intensity (higher = lighter)83
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)95
Momentum (3/6/12m)55
Relative strength72
Realized vol (higher = lower vol)21
Segment peers
Other companies in AI infra SW