Why Cloudflare, Inc. (NET) stock rose 12.1% intraday on Friday, November 6, 2026
Cloudflare, Inc. (NET) traded at $274.07 as of 11:31 AM ET, up 12.09% on Friday, November 6, 2026, on volume of 4,751,034 shares (1.4× its 3-month average); market value about $97.60B.
NET was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.
What happened: primary sources
Events Nexqual found for NET on Friday, November 6, 2026 or the trading day before (November 5, 2026):
- Nov 5, 2026: Reported Q3 2026 results: adjusted EPS $0.38 vs consensus $0.34 (beat), revenue $782.5M vs consensus $739.7M (beat). Guidance: For Q4 2026, revenue is expected to be $845.0 to $846.0 million. source
- Nov 6, 2026: Keybanc: Reiterated, Overweight, price target $375
- Nov 6, 2026: Piper Sandler: Target raised, Overweight, price target $333 → $337
- Nov 6, 2026: Guggenheim: Target raised, Sell, price target $160 → $190
- Nov 6, 2026: Cantor Fitzgerald: Target lowered, Neutral, price target $340 → $310
- Nov 6, 2026: Needham: Target lowered, Buy, price target $380 → $365
- Nov 6, 2026: One of 3 Software - Infrastructure stocks among the day's biggest gainers (INFQ, AEVA, NET), with no comparable group among the biggest losers
These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.
More on NET
NET stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: NET results, November 5, 2026. Other big moves that day: November 6, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:31 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 10, 2026 at 16:31 UTC. This page is informational and not investment advice.
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