Cloudflare Lifts 2026 Revenue View to $2.87 Billion as Shares Jump 16% on AI Demand
Updated
Updated · Yahoo Finance · Aug 7
Cloudflare Lifts 2026 Revenue View to $2.87 Billion as Shares Jump 16% on AI Demand
3 articles · Updated · Yahoo Finance · Aug 7
Summary
Cloudflare forecast full-year revenue of $2.86 billion to $2.87 billion and adjusted EPS of $1.25 to $1.26, both above its prior outlook, sending the stock up 16% premarket.
Enterprise spending on AI infrastructure is lifting demand for Cloudflare’s networking, developer and security products, with its Workers platform cited as the company’s fastest-growing segment.
The company added about 2 million developers in the second quarter alone, topping the 1.5 million added in all of last year as AI-driven usage accelerated.
The results add to broader signs that AI demand is spreading beyond chipmakers into cloud software and infrastructure providers, after Amazon reported its strongest cloud growth in more than four years.