Cloudflare (NET) Stock Jumps 15% Premarket After Record Q3 and Raised Outlook

TLDR Cloudflare (NET) stock rose 15% in Friday premarket trading after its Q3 report Revenue hit $782.5 million, up 39% from a year ago Adjusted EPS came in at 38 cents versus the 34 cents analysts expected Q4 revenue guidance of $845 million to $846 million topped the $796 million Wall Street forecast Goldman Sachs kept its Buy rating and $420 price target Cloudflare (NET) stock was set for a big bounce on Friday. It rose 15% in premarket trading after the company posted third-quarter results that beat Wall Street estimates. Cloudflare, Inc., NET The rally follows a rough Thursday. The stock fell about 8% that day as a broad selloff hit tech names. The Nasdaq Composite dropped 5.5%, its worst session since April 2025.

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