Cloudflare shares rise after forecast tops estimates

Cloudflare

11/02/2026 07:08

MILAN, Feb 11 (Reuters) - Cloudflare NET.N shares opened 13% higher in Frankfurt on Wednesday after it forecast annual and first-quarter sales above Wall Street estimates, betting on the rapid development of artificial intelligence technology to drive demand for its cloud services.

The shares closed up 3.58% in Tuesday's regular session, having fallen by 8.7% so far in 2026.

(Reporting by Danilo Masoni; Editing by Amanda Cooper)

((Danilo.Masoni@tr.com; Reuters Messaging: danilo.masoni.thomsonreuters.com@reuters.net/))