Barclays sets USD 400.00 target for Cloudflare stock

Published on 10/13/2026 at 17:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cloudflare reported USD 696.10 million revenue in the second quarter, up 36.00 percent year over year. Cloudflare stock costs EUR 311.85 on October 13, 2026.

Analyst target and operating figures

Barclays assigned a USD 400.00 target to Cloudflare on October 12, 2026.
Third-quarter 2026 revenue guidance is USD 736.00 million to USD 737.00 million.
Cloudflare stock costs EUR 311.85 at Lang & Schwarz on October 13, 2026 at 5:08 p.m. CEST.
Cloudflare had a USD 124.2 billion market capitalization on October 13, 2026.

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Barclays assigned a Buy rating and a USD 400.00 price target to Cloudflare on October 12, 2026, according to Business Insider. The target sits 14.28 percent above the USD 350.01 primary-exchange price quoted for Cloudflare at 11:14 a.m. ET on October 13, 2026.

Revenue keeps its growth rate

Cloudflare generated USD 696.10 million in revenue in the second quarter of 2026, up 36.00 percent year over year. Benzinga reported on October 13, 2026 that non-GAAP operating margin reached 13.80 percent in the quarter.

The same earnings-call report puts third-quarter 2026 revenue guidance at USD 736.00 million to USD 737.00 million. Full-year 2026 revenue guidance stands at USD 2.864 billion to USD 2.870 billion, giving investors a concrete benchmark for the next report.

Stock remains below its yearly high

Cloudflare's primary-exchange quote was USD 350.01 on October 13, 2026, while its 52-week range was USD 158.83 to USD 370.35. The stock therefore stood 5.49 percent below that 52-week high, calculated in US dollars from the same quote data.

Cloudflare's market capitalization was USD 124.2 billion on October 13, 2026. Its price-to-earnings ratio was minus 597.91, while the latest quarterly figures showed a GAAP net loss of USD 169.981 million and diluted earnings per share of minus USD 0.48 for the second quarter of 2026.

Comparison with peers

Cloudflare: P/E minus 597.91, market capitalization USD 124.2 billion

Akamai Technologies (NYSE, USD): P/E 35.86, market capitalization USD 14.5 billion

Fastly (NYSE, USD): P/E minus 51.13, market capitalization USD 4.2 billion

Price stays below the analyst target

Cloudflare was trading at EUR 311.85 at Lang & Schwarz on October 13, 2026 at 5:08 p.m. CEST. The Xetra close used for a percentage comparison was not available in the substantiated figures, so the euro price stands on its own.

The further course of trading is shown by the continuously updated real-time quote of Cloudflare stock.