TD Cowen raises Cloudflare stock target to USD 375.00

Published on 10/15/2026 at 10:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloudflare stock costs EUR 280.45 on October 15, 2026 at Lang & Schwarz. Q3 results are due November 5, 2026 after USD 696.10 million Q2 revenue.

Analyst view and operating momentum

TD Cowen lifted its Cloudflare target from USD 355.00 to USD 375.00 on October 13, 2026.
Cloudflare reported USD 696.10 million in second-quarter revenue, up 36.00 percent year over year.
Cloudflare stock traded at EUR 280.45 at 10:42 a.m. CEST at Lang & Schwarz on October 15, 2026.

NET, US18915M1071, Illustration mit AI erstellt.

Cloudflare stock (ISIN US18915M1071) is tied to a USD 375.00 price target after TD Cowen lifted its target from USD 355.00 on October 13, 2026, according to Investing.com. Cloudflare stock was trading at EUR 280.45 at Lang & Schwarz on October 15, 2026 at 10:42 a.m. CEST.

Target rises before Q3 report

The analyst action came ahead of Cloudflare's third-quarter report. Investing.com said TD Cowen kept its Buy rating and projected third-quarter revenue of USD 737.00 million, a 31.00 percent year-over-year increase.

The next report is scheduled for November 5, 2026, after the US market closes, with the conference call set for 5:00 p.m. ET, according to MarketBeat.

What does the target raise mean

Cloudflare's second-quarter figures explain why growth remains central to the valuation debate. The company reported USD 696.10 million of revenue for the second quarter of 2026, up 36.00 percent from the same period a year earlier, while non-GAAP operating margin reached 13.80 percent, according to Benzinga.

The same call showed 4,698 customers spending more than USD 100,000 annually, up 27.00 percent year over year. Management guided for third-quarter revenue of USD 736.00 million to USD 737.00 million and full-year 2026 revenue of USD 2.864 billion to USD 2.870 billion, while warning that usage-based contracts can make quarter-to-quarter forecasting less predictable.

Three dated operating markers

On August 6, 2026, Cloudflare reported second-quarter revenue of USD 696.06 million and adjusted earnings per share of USD 0.29, according to MarketBeat. On October 13, 2026, TD Cowen raised its target from USD 355.00 to USD 375.00. On October 13, 2026, Cloudflare announced November 5, 2026 as the date for its third-quarter results.

Next date for investors

The next substantiated company date is November 5, 2026, when Cloudflare is due to publish third-quarter results after the US market closes and hold its earnings call at 5:00 p.m. ET.

Valuation remains demanding

Cloudflare's USD 115.0 billion market capitalization and USD 158.83 to USD 370.35 52-week range, both as of October 14, 2026, show the scale of the valuation investors are assessing. The range places the latest US quote below its yearly high, while the target increase keeps expected growth at the center of the debate.

Cloudflare stock was trading at EUR 280.45 at Lang & Schwarz on October 15, 2026 at 10:42 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Cloudflare stock.