Cloudflare announces public certificate authority and Cloudflare stock has a USD 321.85 target

Cloudflare announced a public certificate authority for the post-quantum web, while Cloudflare stock carried a USD 321.85 average one-year target from 33 ratings firms on October 1, 2026. The announcement expands the company narrative from cloud security toward future encryption infrastructure.

Post-quantum certificates broaden the platform

As Nasdaq reported on October 1, 2026, Cloudflare's latest press-release listing covers a public certificate authority for the post-quantum web. The company says the certificates are scheduled for early 2027, giving the initiative a longer-dated product timetable than the latest quarterly results.

The investor-relations page identifies Cloudflare as a global cloud services provider and reports that more than 45 percent of Fortune 500 companies were paying customers as of June 30, 2026. It also lists more than 4,600 large customers in the second quarter of 2026, a customer base that gives new security products an established distribution channel.

Revenue growth meets a demanding valuation

Cloudflare generated USD 696.06 million of revenue in the second quarter of 2026, up 35.9 percent from the same quarter a year earlier, according to MarketBeat. Adjusted earnings per share reached USD 0.29 versus a USD 0.27 consensus estimate, while GAAP diluted earnings per share were a loss of USD 0.48 in the same quarter.

MarketBeat's October 1, 2026 report puts the average one-year target at USD 321.85. Its analyst breakdown counts 21 buy ratings, 7 hold ratings, 4 sell ratings and 1 strong buy rating, making the consensus positive even as the target sits below the latest primary-market quote of USD 347.18.

Market value reaches USD 123.2 billion

Cloudflare's market capitalization was USD 123.2 billion as of September 30, 2026. The 52-week range stood at USD 100.25 to USD 367.43, leaving the latest primary-market quote USD 20.25 below the yearly high, or 5.51 percent below that level.