NET
Q1 CY23 Overview Of Key Cybersecurity Players. PANW, FTNT, S, NET, ZS & SNOW
Summary
* Quarterly reviews and valuation overview.
* Key tailwinds summary for key cybersecurity players.
* Next report is revisiting the thesis on Okta.
Here are the public companies we cover – mostly cybersecurity names but a few names in adjacent markets. Cybersecurity has not been unaffected by the deteriorating economic climate, but it
Area 1 – Cloudflare’s Secret Weapon For SASE Success
Summary
* In April 2022, Cloudflare acquired next-gen email security startup, Area 1 Security.
* Area 1 has a truly cutting-edge technology stack geared toward offensive/preemptive security – similar in philosophy to shift-left but for combating email-based attacks.
* Combined with NET’s talent, culture, and global network, Area 1 has the potential
Updates - Cloudflare 4Q22
Summary
* The NET thesis recap >>> further thoughts on them becoming the first viable alternative to the hyperscalers amid the growing usage of multiclouds environments.
* We take a look at the 4Q22 ER and discuss its enterprise traction and cybersecurity challenges.
* Additionally, we discuss NET benefitting from AI
Convequity's Cybersecurity Dashboard
Updates - Cloudflare 3Q22
Summary
* Despite an overall positive 3Q22, the deceleration in QoQ growth has concerned investors who thought Cloudflare was shielded from a possible recession.
* The dual focus of cybersecurity and the enterprise segment has to a large degree helped Cloudflare maintain high growth amid economic challenges.
* In the near-term, the cybersecurity
(Free) Cloudflare: Sustained Growth & Fair Valuation
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