---
title: "Weekly Recap | CloudFlare +3.4%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301469732.md"
description: "Cloudflare (NET) rose 3.4% this week to close at $360.93 on a 9.5% weekly range. It was not a straight-line advance. The stock pushed toward $366 on Monday, hit a week high of $370.35 on Tuesday, then pulled back on Wednesday and Thursday to a low of $337 before rebounding sharply on Friday to finish near the week’s high. Average daily volume was about 2.63m shares, roughly 14% below the 60-day median."
datetime: "2026-10-10T07:14:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301469732.md)
  - [en](https://longbridge.com/en/news/301469732.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301469732.md)
generator: "portal-rs"
---

# Weekly Recap | CloudFlare +3.4%

## The Week

Cloudflare (NET) rose 3.4% this week to close at $360.93 on a 9.5% weekly range. It was not a straight-line advance. The stock pushed toward $366 on Monday, hit a week high of $370.35 on Tuesday, then pulled back on Wednesday and Thursday to a low of $337 before rebounding sharply on Friday to finish near the week’s high. Average daily volume was about 2.63m shares, roughly 14% below the 60-day median.

## Key Events

The week’s story was mainly one of shifting broker views. On Tuesday, BTIG lifted its target to $413 and the stock marked a record intraday high. On Thursday, an analyst said fourth-quarter revenue could reach $800m. On Friday, JPMorgan named Cloudflare among its top software picks as the sector rallied, and the company said it had already prepared for the October 2026 DNS root key rollover. By late Friday, Oppenheimer had raised its target to $430, and the shares spiked.

## Analyst Ratings

Coverage stands at 34 firms: 7 strong buy, 16 buy, 7 overweight, 8 hold, 2 underweight and 1 sell. That is 30 at buy or overweight and 3 at underweight or sell. The consensus rating is buy, with a consensus target of $341.32, about 5.4% below the latest close of $360.93. The target range is unusually wide, from $160 to $430. Within the cloud and data-centre industry, Cloudflare ranks 6th out of 30 names.

## The Week Ahead

Next week brings several US macro releases. Tuesday has the NFIB small-business optimism index and existing-home sales; Wednesday is the main event with CPI and core CPI. With no company earnings on the visible calendar, Cloudflare’s near-term direction may remain tied to software-sector sentiment and the inflation data’s effect on rate expectations.

## In Short

This week’s move was driven by broker rating updates, with the stock touching record intraday highs even as the consensus target sits below the spot price. The wide target range points to a genuine split among analysts on valuation. In the latest session, large and medium orders were net sellers while small orders were net buyers. What matters next is whether next week’s inflation data shifts rate expectations, and whether the valuation gap among analysts narrows or widens further.

*This article is generated by LongbridgeAI from market data, for information only and not investment advice.*

### Related Stocks

- [NET.US](https://longbridge.com/en/quote/NET.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**