Stifel reiterates Buy rating for Cloudflare stock at USD 260 target

Published on 10/21/2026 at 11:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 696.06 million, up 36.00 percent year over year. Cloudflare stock costs EUR 263.45 on October 21, 2026 during trading.

Growth and analyst valuation

Stifel reaffirmed its Buy rating and USD 260.00 target on October 20, 2026.
Second-quarter revenue reached USD 696.06 million, a 36.00 percent year-over-year increase.
Cloudflare stock traded at EUR 263.45 at 11:34 a.m. CEST at Lang & Schwarz on October 21, 2026.

NET, US18915M1071, Illustration mit AI erstellt.

Cloudflare (US18915M1071) stock is trading at EUR 263.45 during the regular Xetra session on October 21, 2026, while Stifel has reaffirmed a Buy rating and a USD 260.00 price target. The analyst action gives investors a fresh valuation reference after a quarter in which Cloudflare delivered USD 696.06 million in revenue, up 36.00 percent year over year.

Stifel keeps its USD 260 target

According to Investing.com on October 20, 2026, Stifel reiterated its Buy rating and USD 260.00 target for Cloudflare. The report said the firm sees continuing opportunities in artificial intelligence and zero-trust services, while the cited US market quote stood above that target.

The valuation call comes with a clear operating counterpoint. Cloudflare's second-quarter revenue rose to USD 696.06 million from the year-earlier period, according to Benzinga on October 13, 2026. Non-GAAP operating margin was 13.80 percent, and free cash flow reached USD 56.40 million.

What does Q2 growth mean?

The second-quarter figures show that scale remains the central investment argument. Cloudflare ended the quarter with 4,698 customers spending more than USD 100,000 annually, up 27.00 percent year over year, while dollar-based net retention reached 120.00 percent. The company also reported 73.10 percent gross margin for the quarter.

Three dated valuation signals

On September 17, 2026, Sanford C. Bernstein raised its target from USD 164.00 to USD 181.00 and assigned a Market Perform rating, as reported by MarketBeat. On October 5, 2026, Cantor Fitzgerald reiterated Neutral with a USD 340.00 target. Stifel's October 20, 2026 reiteration at USD 260.00 is the latest of the three signals.

Next reporting date is November 5

Cloudflare is expected to publish its third-quarter 2026 results on November 5, 2026, according to Trefis on October 19, 2026. Management's third-quarter revenue outlook is USD 736 million to USD 737 million, representing 31.00 percent year-over-year growth.

Cloudflare stock during the session

The share price was EUR 263.45 at Lang & Schwarz on October 21, 2026 at 11:34 a.m. CEST. The US listing is on the NYSE under ticker NET, and Cloudflare operates in technology software infrastructure.

The further course of trading is shown by the continuously updated real-time quote of Cloudflare stock.