StocksMediumUpdated×4•Originally published 5 November 2026•Updated 6 November 2026•
1 min read
Cloudflare Stock Jumps 17% as Developer Base Doubles and AI Bot Revenue Begins
Key Facts
1Cloudflare forecast revenue of between $845.0 million and $846.0 million for the fourth quarter of fiscal 2026.
2Annualized revenue at the quarter’s run rate topped $3 billion, according to the CEO.
3Non-GAAP net income was $143.7 million, or $0.38 per diluted share.
4Current remaining performance obligations rose 37% year over year.
Cloudflare stock opened 17% higher on November 6, 2026, after the company doubled its active developer base to 10 million. The company also recorded its first revenue from AI bot traffic, coinciding with record third-quarter financial results and robust growth forecasts for the final quarter of the year.
Cloudflare shares closed at $244.51 on November 5, 2026, prior to the surge in the following session. The company reported third-quarter non-GAAP net income of $143.7 million, up from $102.6 million in the same period of 2025. For the fourth quarter, the company issued revenue guidance between $845.0 million and $846.0 million, supported by a 37% year-over-year increase in current remaining performance obligations.