Cloudflare stock: TD Cowen lifted target to USD 375 for Cloudflare stock

Published on 10/20/2026 at 16:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloudflare revenue reached USD 696.10 million in Q2 2026, up 36.00 percent year over year. Cloudflare stock costs EUR 262.55 on October 20, 2026.

Target and reporting date

TD Cowen lifted its Cloudflare target to USD 375 on October 13, 2026.
Second-quarter 2026 revenue reached USD 696.10 million, up 36.00 percent year over year.
Cloudflare stock was at EUR 262.55 at Lang & Schwarz on October 20, 2026 at 4:35 p.m. CEST.
Cloudflare will report third-quarter 2026 results on November 5, 2026.
Cloudflare had a USD 105.4 billion market capitalization as of October 20, 2026.

NET, US18915M1071, Illustration mit AI erstellt.

Cloudflare (ISIN US18915M1071) remains on the analyst radar after TD Cowen lifted its price target from USD 355.00 to USD 375.00 on October 13, 2026, while keeping a Buy rating, according to Investing.com. Cloudflare stock was at EUR 262.55 at Lang & Schwarz on October 20, 2026 at 4:35 p.m. CEST.

Revenue growth remains substantial

Cloudflare reported USD 696.10 million in revenue for the second quarter of 2026, a 36.00 percent increase from the second quarter of 2025. The figure came with a GAAP operating loss of USD 205.70 million and operating cash flow of USD 117.56 million, according to the company release carried by Business Wire.

Stock remains below its yearly high

On the Nasdaq, Cloudflare last traded at USD 296.01 on October 20, 2026 at 10:43 a.m. ET. Its 52-week range was USD 158.83 to USD 370.35, placing the quote 20.07 percent below the high. The company had a USD 105.4 billion market capitalization and traded 729,730 shares at that time.

The analyst target implies 26.69 percent upside from the Nasdaq quote of USD 296.01. TD Cowen linked its target increase to demand for AI security and web application firewall products, while its estimate called for third-quarter 2026 revenue of USD 737.00 million, according to Investing.com.

What dates matter next?

Cloudflare will report financial results for the third quarter ended September 30, 2026 after the US market closes on November 5, 2026, with a conference call at 5:00 p.m. ET, according to Business Wire. On October 19, 2026, CFO Thomas J. Seifert sold 12,500 shares in seven transactions under a Rule 10b5-1 plan, as StockTitan reported.

Cloudflare keeps growth and valuation in view

For investors, the next report will test whether Cloudflare can approach the USD 737.00 million third-quarter revenue estimate while maintaining its recent growth rate. The latest quarter combined 36.00 percent revenue growth with a USD 205.70 million GAAP operating loss, making execution and operating leverage central figures for the November update. The further course of trading is shown by the continuously updated real-time quote of Cloudflare stock.