Cloudflare is trading at $279.80, up +14.43%, in pre-market after Q3 results topped analyst expectations and the company raised its outlook.

  • November 5 results showed Q3 revenue of $782.5 million, up 39% year over year, and adjusted EPS of $0.38, topping expectations.
  • Cloudflare raised its 2026 revenue outlook to $2.963–$2.964 billion and forecast Q4 revenue of $845–$846 million, above analyst estimates.
  • Gross-margin compression remains a counterpoint.