NET · Cloudflare Inc.
AI read · Good for NET
The AI's read
Cloudflare crushed Q2. Adjusted EPS $0.29 beat and revenue $696.06M topped estimates while management raised FY26 revenue and EPS guidance. The stock popped ~6.6% today and already ran hard after the initial release, so some upside looks priced. RSI sits low at 33, and multiple analysts hiked targets, which supports follow-through. Our take: we lean bullish. Beats, raised guidance, and analyst target lifts give a clear bullish setup, but size positions carefully since the move has momentum and some is priced in.