The Zhitong Finance App learned that Cloudflare (NET.US) announced financial results for the second quarter of the 2026 fiscal year ending June 30. Various core indicators completely crushed Wall Street expectations, and revenue growth accelerated for the second consecutive quarter. Boosted by this, the stock surged more than 16% before the market. After the financial report was released, a number of Wall Street institutions quickly raised their Cloudflare target prices, up to 42%.

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