Cloudflare Inc. (NET)
Tech layoffs this week: Cloudflare, Coinbase, Upwork, and others point to AI as they slash jobs
April was not a good month for the tech industry in terms of job losses. Last month, major firms—including Microsoft, Meta Platforms, and Snap—all announced significant workforce reductions.
Cloudflare Says It Plans to Cut 20% of Staff as AI Reshapes Work. The Stock Is Plunging.
Cloudflare's stock could be set to lose one-quarter of its value in a single session after the web security company announced a big round of layoffs, citing AI.
Cloudflare, Inc. (NET) Q1 2026 Earnings Call Transcript
Cloudflare, Inc. (NET) Q1 2026 Earnings Call Transcript
Piper Sandler Hikes Cloudflare Price Target to $250 Despite 15% After-Hours Drop: Buy the Dip?
Piper Sandler analyst James Fish raised his price target on Cloudflare (NYSE:NET | NET Price Prediction) to $250 from $222, keeping an Overweight rating, even as the stock cratered after Q1 FY2026 earnings.
Cloudflare shares tumble on weak guidance, AI-driven restructuring
Cloudflare (NYSE:NET) reported first-quarter 2026 results on May 7, beating analyst expectations for both revenue and earnings, but shares fell sharply after the company issued softer near-term guidance and announced a significant restructuring tied to an AI-focused operating model shift. Shares of Cloudflare were down more than 21% at about $202 on Friday morning.
Cloudflare Q1 Earnings Top, Revenues Soar on Large Customer Additions
NET beats Q1 EPS and revenue estimates as large enterprise additions surge, lifts its FY26 outlook and unveils an agentic AI workforce cut.
Cloudflare (NET) Q1 Earnings and Revenues Beat Estimates
Cloudflare (NET) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.16 per share a year ago.
Bloodbath at Silicon Valley giant as CEO's savage memo to staff emerges
The internet security and cloud networking firm revealed the massive cuts on Thursday.
Cloudflare stock sinks 18% after earnings as company cuts 1,100 employees due to AI changes
Cloudflare shares plummeted after-hours Thursday as the company announced it is cutting over one-fifth of its workforce. The company's first-quarter earnings beat analysts' expectations.
Cloudflare to Slash 1,100 Jobs Due to AI-Driven Restructuring Plan
The cuts are a response to artificial intelligence triggering a “paradigm shift” in the software industry, said Chief Executive Matthew Prince.
Cloudflare to Post Q1 Earnings: What's in Store for the Stock?
NET gears up for Q1 earnings with strong AI, enterprise demand tailwinds - but macro pressures and deal delays can weigh on results.
Is Cloudflare Overvalued at 182x Earnings? Analysts Still See 12% Upside
Cloudflare (NYSE:NET | NET Price Prediction) currently trades around $207.07, while the average Wall Street price target sits at $231.85, implying roughly 12% upside.
