The Investor
17 Sep 2026, 15:01
Cloudflare Stock Rises 3.3% as Bernstein Raises Price Target to $181
Cloudflare shares rose 3.3% to $335.46 after Sanford C. Bernstein raised its price target on the stock to $181 from $164 while maintaining a Market Perform rating.
The new target remains well below Cloudflare’s current share price, suggesting the analyst continues to take a cautious valuation view despite lifting expectations.
Broader probable reasons behind the stock’s strength include continued investor enthusiasm around cybersecurity, edge computing and AI infrastructure. Cloudflare is positioned across content delivery, application security, zero-trust networking and developer services, areas benefiting from rising enterprise spending on cloud and AI-related workloads.
The stock may also be benefiting from strong momentum across high-growth software names, although its elevated valuation remains an important consideration for investors.
Cloudflare shares rose 3.3% to $335.46 after Sanford C. Bernstein raised its price target on the stock to $181 from $164 while maintaining a Market Perform rating.
The new target remains well below Cloudflare’s current share price, suggesting the analyst continues to take a cautious valuation view despite lifting expectations.
Broader probable reasons behind the stock’s strength include continued investor enthusiasm around cybersecurity, edge computing and AI infrastructure. Cloudflare is positioned across content delivery, application security, zero-trust networking and developer services, areas benefiting from rising enterprise spending on cloud and AI-related workloads.
The stock may also be benefiting from strong momentum across high-growth software names, although its elevated valuation remains an important consideration for investors.
