TD Cowen raises target for Cloudflare stock from USD 355 to USD 375

Published on 10/16/2026 at 10:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Cowen raised its target to USD 375.00 on October 13, 2026. Cloudflare stock costs EUR 285.90 on October 16, 2026 during trading.

Analyst targets and upcoming results

TD Cowen lifted its Cloudflare target to USD 375.00 on October 13, 2026.
Second-quarter revenue reached USD 696.06 million, up 35.90 percent year over year.
Cloudflare stock trades at EUR 285.90 at 10:40 a.m. CEST at Lang & Schwarz on October 16, 2026.
Cloudflare will report third-quarter results on November 5, 2026.

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Cloudflare stock is priced at EUR 285.90 at Lang & Schwarz on October 16, 2026, after TD Cowen raised its target from USD 355.00 to USD 375.00. MarketBeat reported the analyst action dated October 13, 2026.

Revenue growth meets a loss

Cloudflare generated USD 696.06 million in revenue in the second quarter of 2026, up 35.90 percent from USD 512.32 million in the second quarter of 2025. The company also reported a GAAP net loss of USD 169.98 million, compared with a GAAP net loss of USD 50.45 million one year earlier, according to Business Insider.

Cloudflare said its platform served more than 4,600 large customers as of June 30, 2026, while more than 45 percent of Fortune 500 companies were paying customers. Those figures point to a broad enterprise base as analysts reassess the growth profile.

Three target changes set the timeline

On October 6, 2026, BTIG Research raised its target from USD 382.00 to USD 413.00 while keeping a Buy rating, according to MarketBeat. Oppenheimer then lifted its target from USD 380.00 to USD 430.00 on October 9, 2026, followed by TD Cowen raising its target from USD 355.00 to USD 375.00 on October 13, 2026, as reported by MarketBeat.

When are the next results due?

Cloudflare will report results for the third quarter ended September 30, 2026, after the U.S. market closes on November 5, 2026. The company scheduled its conference call for 5:00 p.m. Eastern time, according to Business Wire.

Valuation stays above the growth test

Cloudflare had a market capitalization of USD 112.6 billion as of October 15, 2026. Its primary exchange is the New York Stock Exchange, where the 52-week range was USD 120.46 to USD 370.35 on the same date. For investors, the next report will test whether the 36.00 percent revenue growth recorded in the second quarter can support the valuation.

Cloudflare was trading at EUR 285.90 at Lang & Schwarz on October 16, 2026 at 10:40 a.m. CEST.

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