Cloudflare Inc. shares reached a new all-time high of $353.04 on Tuesday. The company’s market capitalization now stands at $125 billion. The stock has delivered a 78% year-to-date return in 2026.
UBS and TD Cowen raised their price targets for the company. Cloudflare reported 36% year-over-year revenue growth. InvestingPro data shows 28 analysts recently revised their earnings estimates upward.
CFO Thomas Seifert sold approximately $3.32 million in shares on September 17. This transaction followed a pre-arranged trading plan.