TD Cowen raises target for Cloudflare stock from USD 355.00 to USD 375.00

Published on 10/19/2026 at 09:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloudflare posted USD 696.10 million in second-quarter revenue, up 36.00 percent year over year. Cloudflare stock has third-quarter results due November 5, 2026.

Growth and valuation signals

On October 13, 2026, TD Cowen lifted its Cloudflare target from USD 355.00 to USD 375.00.
Second-quarter 2026 revenue reached USD 696.10 million, up 36.00 percent year over year.
Cloudflare stock was trading at EUR 269.15 at 9:31 a.m. CEST at Lang & Schwarz on October 19, 2026.
Cloudflare expects third-quarter 2026 revenue of USD 736.00 million to USD 737.00 million.

NET, US18915M1071, Illustration mit AI erstellt.

Cloudflare (ISIN US18915M1071) stock is trading at EUR 269.15 at Lang & Schwarz on October 19, 2026 at 9:31 a.m. CEST. Investing.com reported on October 13, 2026 that TD Cowen raised its Cloudflare target from USD 355.00 to USD 375.00 and maintained a Buy rating.

Target raise meets strong growth

The latest analyst move builds on Cloudflare's second-quarter performance. According to Benzinga, revenue reached USD 696.10 million in the second quarter of 2026, up 36.00 percent year over year. Non-GAAP operating margin was 13.80 percent, while the company ended the quarter with 4,698 customers spending more than USD 100,000 annually.

Three dates frame the stock

Cloudflare reported second-quarter earnings on August 6, 2026, with quarterly revenue of USD 696.06 million, according to MarketBeat. On October 13, 2026, TD Cowen raised its target to USD 375.00. On October 19, 2026, the stock was trading at EUR 269.15 in Berlin trading.

What does the target raise mean?

TD Cowen linked its view to demand for AI security and web application firewalls, while its third-quarter revenue estimate was USD 737.00 million. Cloudflare's own third-quarter guidance is USD 736.00 million to USD 737.00 million, with full-year 2026 revenue guidance of USD 2.864 billion to USD 2.870 billion. The comparison puts the analyst estimate at the upper end of management's range.

Next results arrive November 5

The next scheduled company event is third-quarter 2026 results on November 5, 2026, according to MarketBeat. The report will test whether demand described by TD Cowen is translating into results at the upper end of Cloudflare's guidance.

Cloudflare stock stays tied to execution

Cloudflare was trading at EUR 269.15 at Lang & Schwarz on October 19, 2026 at 9:31 a.m. CEST. The upcoming report therefore provides the next concrete test for the company's AI security and developer-platform growth narrative. The further course of trading is shown by the continuously updated real-time quote of Cloudflare stock.