NET

SAN FRANCISCO, July 14, 2026--(BUSINESS WIRE)--Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that it will report its financial results for the second quarter ended June 30, 2026 after the U.S. market closes on Thursday, August 6, 2026. Cloudflare will host an investor conference call that day at 2:00 p.m. Pacific time (5:00 p.m. Eastern time) to discuss the results. Interested parties can access the call by dialing +1 (646) 968-2727 or toll-free at +1 (888) 596-4244 with conference ID 3723782. A live webcast of the conference call will be accessible from the Cloudflare investor relations website at cloudflare.NET. A replay will be available approximately two hours after the conclusion of the live event and will remain available for approximately one year. About Cloudflare Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business. Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe. Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com. Follow us: Blog | X | LinkedIn | Facebook | Instagram View source version on businesswire.com: https://www.businesswire.com/news/home/20260714514266/en/ Contacts Investor Relations Information Phil Winslow, [email protected] Press Contact Information Daniella [email protected]

TD Cowen expects Cloudflare to deliver 30% year-over-year revenue growth, driven by an expanding developer customer base, larger deals and continued strength in pool-of-funds transactions. Barclays also lifted its price target on Cloudflare to $300 from $250 while maintaining an ‘Overweight’ rating on the stock. Wall Street expects Cloudflare to report revenue of $666.4 million in Q2, implying a 30% increase year-on-year, while earnings per share is expected to come in at $0.27. Cloudflare Inc. (NET) heads into its second-quarter (Q2) earnings report later this month with growing support from Wall Street amid expectations of sustained revenue growth. According to TheFly, analysts at TD Cowen raised their price target for Cloudflare to $300 from $250, while keeping a ‘Buy’ rating. The new price target implies an upside potential of about 12% from Friday’s closing price. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Cloudflare shares were up nearly 1% in Monday’s pre-market trade. NET was among the top trending tickers on Stocktwits at the time of writing. TD Cowen expects Cloudflare to deliver 30% year-over-year revenue growth, driven by an expanding developer customer base, larger deals and continued strength in pool-of-funds transactions. Barclays also lifted its price target on Cloudflare to $300 from $250 while maintaining an ‘Overweight’ rating on the stock. The revision came as part of the firm's broader preview of second-quarter earnings for the software sector, with Barclays updating its price targets across the group ahead of the reporting season. Cloudflare is set to report its Q2 earnings on July 31, 2025, after the closing bell. BTIG raised its price target on Cloudflare to $314 from $269 while reaffirming its ‘Buy’ rating as part of a broader preview of Q2 results for security and infrastructure software companies. The firm said its channel checks painted a constructive picture of demand across the cybersecurity market, reinforcing its positive outlook. BTIG expects elevated cyber threats to continue supporting spending in the near term, while growing demand for technologies that protect AI agents and applications could provide an additional tailwind over the longer run. Wall Street expects Cloudflare to report revenue of $666.4 million in Q2, implying a 30% incre...

Interested in Arqit Quantum Inc.? Here are five stocks we like better. Arqit Quantum reported higher first-half fiscal 2026 revenue of $623,000 versus $67,000 a year earlier, with management saying revenue has now grown for two straight reporting periods. The company also saw more activity across 11 contracts, up from six in the prior-year period. Management says urgency around post-quantum cybersecurity is accelerating, citing Google, Cloudflare and IonQ as evidence that organizations are moving faster toward crypto migration. CEO Andy Leaver said the focus has shifted from whether to upgrade to how quickly it can be done. Arqit’s new products and partnerships are gaining traction, including the Encryption Intelligence risk tool, which landed its first contract and a first European partnership, and NetworkSecure, which is being used by Sparkle for quantum-secure networking. The company also highlighted ongoing opportunities in telecom, government and defense, including an imminent U.S. defense contract renewal discussion. Big Gains Alert: These 3 Tech Stocks Are Surging This Month Arqit Quantum (NASDAQ:ARQQ) reported higher first-half fiscal 2026 revenue and said it is seeing increased commercial activity as governments, telecom operators and defense-related customers evaluate post-quantum cybersecurity needs. Chief Executive Officer Andy Leaver told investors that the market has shifted from debating whether organizations need to upgrade cryptographic security to determining how quickly they can do so. He pointed to public comments and research from Google, Cloudflare and IonQ that, in his view, have accelerated the urgency around migration to post-quantum cryptography. → CAVA Group’s Stock Looks Delicious After Strong Earnings 3 Quantum Computing ETFs to Know—And Why 2 Don't Hold D-Wave “What has become clear in the first half of our current fiscal year is that when is becoming now,” Leaver said, referring to the timing of post-quantum security upgrades. Chief Financial Officer Nick Pointon said Arqit generated $623,000 in revenue for the first half of fiscal 2026, compared with $67,000 in the same period of fiscal 2025. He said the increase reflected revenue from a Middle East customer contract that began late in the first half of fiscal 2025, as well as activity under 11 contracts during the latest period, compared with six in the prior-year first half....

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 114,173 tech employees have lost their jobs in 2026.

With a short float of 2.71% and upside potential of 21.60%, Cloudflare, Inc. (NYSE:NET) earns a place on our list of the best cloud stocks to buy as Azure growth hits 40%. Cloudflare, Inc. (NYSE:NET)’s first-quarter results came in ahead of expectations, but the market’s reaction told a mixed story. Cloudflare, Inc. (NYSE:NET) had climbed over 30% YTD heading into earnings but pulled back more than 23% since Q1 results on May 7, settling at $197.56 on May 15, 2026. Despite that move, roughly 25 of 37 covering analysts remain bullish on the shares. On May 8, 2026, Bernstein cut its price target to $136 from $146, keeping a “Market Perform” rating, and said the quarter essentially delivered a growth rate consistent with the fourth quarter rather than the acceleration some had hoped for following strong results at AWS and Datadog. Net revenue retention fell to 118%, and while the beat relative to guidance was normal, Bernstein kept a more measured tone. Susquehanna saw it differently. On May 11, 2026, analyst Shyam Patil raised the firm’s price target to $200 from $190, maintaining a “Neutral” rating, and described the quarter as a fine one, with strength particularly visible among large customers. Patil also noted Cloudflare, Inc. (NYSE:NET)’s announcement of a significant headcount reduction as it pivots toward an AI-first operating structure aimed at driving efficiency and productivity, and flagged the more conservative second-quarter guidance as prudent rather than alarming. The company’s first-quarter revenue came in at $639.8 million, well ahead of the $621.9 million estimate, with adjusted earnings of 25 cents per share, beating the 23-cent consensus. Second-quarter revenue was guided at $664 million to $665 million, just below the $665.3 million Wall Street estimate, and adjusted earnings are expected at 27 cents per share . Cloudflare, Inc. (NYSE:NET) is a leading connectivity cloud company that specializes in improving the security, performance, and reliability of websites and applications. While we acknowledge the potential of NET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stoc...

Block (NYSE:XYZ) cut 4,000+ employees in February 2026 and posted Q1 2026 adjusted diluted EPS growth of 51.8%, with guidance calling for 62% year-over-year full-year EPS growth. 100% of employees use AI tools, and production code changes per engineer increased 2.5x. Cloudflare (NYSE:NET) announced a 20% workforce cut citing an agentic AI-first operating model, and Coinbase (NASDAQ:COIN) cut 14% of staff (700 people) alongside reporting a GAAP loss of $1.49 per share. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Block wasn't one of them. Get them here FREE. Jason Calacanis used Block (NYSE:XYZ) as a case study on a recent This Week in Startups episode to argue that AI-driven productivity gains have become a prisoner's dilemma for every public company CEO. Block cut over 4,000 people in February 2026, taking headcount from over 10,000 to under 6,000. Three months later, the company posted Q1 2026 adjusted diluted EPS growth of 51.8% ($0.85 against $0.56 in the prior-year quarter), and raised full-year 2026 adjusted EPS guidance from $3.66 to $3.85, a 62% year-over-year growth target. The stock closed at $74.85 on May 8, up 6.72% on the day and up 19.13% over the prior month. The point is, companies are increasingly seeing that reducing headcount increases profits. Even if they don't want to slash jobs, their hand can eventually be forced because they'll otherwise lose to a competitor with a better cost structure. Calacanis framed the structural argument bluntly: "If there is a gain to be had, you have no choice but to take it. That's capitalism. Because if you don't take it, your competitor takes it. Their earnings go up. They can attract the best talent. You can't." As of early April, 100% of Block employees are using AI tools to do their work, and production code changes per engineer are up more than 2.5x since the start of the year. Builderbot, Block's internal AI agent, is reviewing more than 90% of production code change requests. CEO Jack Dorsey told analysts, "a significantly smaller team, using the tools we are building, can do more and do it better." The analyst who called NVIDIA in 2010 just named his top 10 stocks and Block wasn't one of them. Get them here FREE. The same week brought parallel moves across the sector. Cloudflare (NYSE:NET) announced a 20% workforce cut, with CEO Matthew Prince citing an "agentic AI-first o...

Fastly, Inc. FSLY investors have had a difficult run. Since the company released its first-quarter 2026 results in early May, the stock has fallen nearly 42%, even though the results were better than expected. With this, the company’s shares have declined 21.7% over the past month. The decline is even more disappointing when compared with the broader market. Over the same time frame, FSLY has underperformed the industry’s decline of 3.9% and lagged the broader Zacks Computer and Technology sector and the S&P 500’s respective increases of 10.8% and 6%. Other technology players, including Zscaler, Inc. ZS, Akamai Technologies, Inc. AKAM and Cloudflare, Inc. NET, have gained 16.2%, 78.3% and 1.3%, respectively. Image Source: Zacks Investment Research The sharp underperformance shows that investors are looking beyond Fastly’s headline numbers. The company reported record revenues, strong growth in security and improved adjusted profitability. However, the market remains worried about slower growth in its core business, rising infrastructure costs and tough competition. The biggest concern is the slowdown in Fastly’s core Network Services business. This segment still contributes the majority of the company’s revenues, making its performance critical to overall growth. In the first quarter, Network Services revenues increased 11% year over year. While the growth was solid, it was lower than what investors typically expect from a high-growth technology company. Management attributed some of the moderation to tough comparisons with a particularly strong fourth quarter, which benefited from holiday e-commerce traffic and gaming downloads. However, investors remain cautious about the long-term growth trajectory of the company’s legacy CDN business. Pricing pressure is another challenge. Fastly noted that pricing erosion in Network Services remained in the mid-single-digit range. This is common across the CDN industry, where customers receive higher discounts as traffic volumes grow. While Fastly continues to add traffic and customers, pricing dynamics could continue limiting revenue acceleration. At the same time, Fastly is investing heavily in infrastructure to support future growth opportunities tied to AI workloads, edge computing and security offerings. The company expects infrastructure capital expenditures to rise meaningfully in 2026. Although these investments...

Technology giant Cisco is cutting nearly 4,000 jobs, or around 5% of its workforce, despite reporting better-than-expected profit and revenue in its fiscal third quarter. The networking equipment maker said it is reducing its headcount in order to change its “cost structure” and invest in AI and cybersecurity. Cisco’s decision follows a recent trend of tech companies increasingly citing a priority on AI spending as a reason to let employees go. Cloudflare and General Motors have both laid off staff in recent days, despite reporting strong financial results. Cisco said it plans to invest more in cybersecurity, as the company continues to contend with a slew of security vulnerabilities in its routers and firewalls that have allowed hackers to break into the networks of its corporate customers, including the U.S. government. Cisco last year also experienced a data breach in which customers’ personal information was affected. In a blog post published Wednesday, Cisco’s chief executive Chuck Robbins touted the company’s “record revenue” and “double-digit growth,” while acknowledging that Cisco was making strategic investments “in our employees’ use of AI across the company.” According to public filings, Robbins was slated to earn more than $52 million in executive compensation during 2025. When reached by TechCrunch, a Cisco spokesperson did not comment beyond Robbins’ statement, or say, when asked, if Robbins plans to reduce his compensation. This is the latest round of job cuts at Cisco in recent years. The company laid off thousands of employees during two separate layoffs in 2024 and cut over 150 jobs in 2025.

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.84%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.35%. June E-mini S&P futures (ESM26) rose +0.79%, and June E-mini Nasdaq futures (NQM26) rose +2.37%. Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting new record highs. Chipmaker and AI-infrastructure stocks led the overall market higher on Friday, offsetting concerns about the Iran war. Stronger-than-expected corporate earnings are pushing stocks higher. Weakness in software stocks on Friday weighed on the Dow Jones Industrial Average. As CPUs Steal the Show, AMD Stock Just Got a New Street-High Price Target How Intel Stock Could Be the Biggest Winner from AMD’s Explosive Earnings Win Cathie Wood Dumps More AMD Shares Despite Its Massive 108% Rally. Here's Why. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Stock indexes also found support today on signs of resiliency in the US labor market after April nonfarm payrolls rose more than expected and March nonfarm payrolls were revised upward. Stocks rallied on Friday despite a larger-than-expected decline in US consumer sentiment to a record low. US Apr nonfarm payrolls rose by +115,000, stronger than expectations of +65,000, and Mar nonfarm payrolls were revised upward to +185,000 from the previously reported +178,000. The Apr unemployment rate was unchanged at 4.3%, right on expectations. US Apr average hourly earnings rose +0.2% m/m and +3.6% y/y, weaker than expectations of +0.3% m/m and +3.8% y/y. The University of Michigan’s US May consumer sentiment index fell -1.6 to a record low of 48.2 (data from 1978), weaker than expectations of 49.5. The University of Michigan US May 1-year inflation expectations rate unexpectedly eased to +4.5% from +4.7% in Apr, weaker than expectations of an increase to 4.8%. The May 5-10 year inflation expectations rate unexpectedly eased to +3.4%, weaker than expectations of no change at +3.5%. In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other milita...

Most tech companies talk about AI transformation as something that is coming. Cloudflare, Inc. (NET) is living it right now, and the numbers CEO Matthew Prince shared on the first-quarter earnings call are some of the most striking data points I have seen from any company this earnings season. Internal AI usage at Cloudflare increased 600% in just three months, and 97% of the company's engineers are using AI coding tools. This isn't a forecast. It's already happening. The technology company, headquartered in San Francisco, added one million new developers in the quarter, bringing the total to 5.5 million, according to the earnings call transcript compiled by The Motley Fool. These aren't customer metrics. They describe what is happening inside Cloudflare's own walls. And that distinction matters enormously, because it tells you something about where this company is genuinely going rather than where it says it is going. "AI is driving a fundamental re-platforming of the Internet and a paradigm shift in how software is created and consumed," Prince said on the earnings call. "It's shaping up to be the biggest tailwind we've ever seen in Cloudflare's history." Cloudflare, Inc. (NET) closed May 7, earnings day, up 3.30% to $256.79. It is also up 30.25% year to date and 110.99% over the past year, according to Yahoo Finance. Three-year return sits at 482.69%, while its five-year return is at 258.55%. Isn’t that impressive? We all know it is. Cloudflare reported the following financial results for the first quarter of 2026, according to the company's May 7 earnings release. Revenue of $639.8 million, up 34% year over year Non-GAAP operating income of $73.1 million, up 31% year over year Free cash flow of $84.1 million, or 13% of revenue, up from 11% in Q1 2025 Current remaining performance obligations up 34% year over year 4,416 customers paying more than $100,000 annually, up 25%, now representing 72% of total revenue, according to The Motley Fool Dollar-based net retention of 118%, according to The Motley Fool Source: Cloudflare First Quarter 2026 Financial Results and The Motley Fool My review of the large deal numbers is particularly telling. Deals over $1 million grew 73% year over year. Customers spending $5 million or more grew 50%, with a record number of new additions. Gross retention reached its highest level in four years. These are not the metrics of a...

The stock market hit fresh highs as crude oil prices tumbled below $100 on Iran hopes. Earnings were mostly strong, though there were big losers too

Dow Jones futures: President Donald Trump says a U.S.-Iran ceasefire is intact despite clashes. Rocket Lab, Cloudflare and IREN are big earnings movers.