Cloudflare is trading at $273.42, up 12.24%, after Q3 revenue and adjusted EPS beat analysts’ expectations.

  • On November 6, revenue was $782.5 million, up 39% year over year; adjusted EPS was $0.38.
  • Management raised its 2026 revenue outlook to $2.963–$2.964 billion and forecast Q4 revenue of $845–$846 million, both ahead of consensus.
  • Company-specific earnings and guidance news is the clearest catalyst, contrasting with broader software-sector weakness.