Why Cloudflare (NET) Stock Rose 18.47% in 10 Minutes After Q3 Earnings on Nov 5, 2026
Adjusted EPS of $0.38 came in above the $0.34 estimate; revenue of $782.51 million came in above the $738.53 million estimate.
- NET rose 18.47% in the 10 minutes after the 16:15:03 ET headline, from $243.53 to $288.50.
- The 18.47% gain was larger than any reaction MoveSurge measured after Cloudflare headlines between Aug 7, 2026 and Nov 4, 2026; the largest of those was +0.81% in 10 minutes, on Oct 29, 2026.
- 384,490 shares changed hands in those 10 minutes.
16:15:03 ET
Reaction by asset (real prices)
| Asset | 2m before | At release | +1m | +10m | +1m % | +10m % |
|---|---|---|---|---|---|---|
| NET | 243.53 | 243.53 | 299.00 | 288.50 | +22.78% | +18.47% |
Cloudflare (NET) shares rose 18.47% in the 10 minutes after its Q3 results reached the MoveSurge news feed at 16:15:03 ET on Thursday, November 5, 2026. Adjusted EPS of $0.38 came in above the $0.34 estimate; revenue of $782.51 million came in above the $738.53 million estimate.
NET in the first 10 minutes
The line that crossed at 16:15:03 ET: “NET (Cloudflare) Q3: adj. EPS 0.38 vs 0.34 est”
From a reference price of $243.53 just before the headline, the stock was up 22.78% after one minute and up 18.47%, at $288.50, after 10 minutes. Part of the first-minute move came back by the 10-minute mark. 384,490 shares changed hands in those 10 minutes. The headline crossed in after-hours trading, 15 minutes after the 4:00 ET close.
Cloudflare Q3 results against estimates
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Adjusted EPS | $0.38 | $0.34 | Beat |
| Revenue | $782.51 million | $738.53 million | Beat |
Cloudflare FY26 guidance
| Measure | New range | Prior range | Estimate | Change |
|---|---|---|---|---|
| Adjusted EPS | $1.35 | $1.25 to $1.26 | $1.28 | Raised |
| Revenue | $2.96 billion to $2.96 billion | $2.86 billion to $2.87 billion | $2.87 billion | Raised |
| Adjusted EPS | $0.43 | — | $0.38 | — |
| Revenue | $845 million to $846 million | — | $797.67 million | — |
How NET traded after earlier earnings releases
| Report | EPS vs estimate | Revenue vs estimate | First move |
|---|---|---|---|
| May 7, 2026 | $0.25 vs $0.23 | $639.8 million vs $620.8 million | not measured |
Earlier NET headlines and the measured reaction
The 18.47% gain was larger than any reaction MoveSurge measured after Cloudflare headlines between Aug 7, 2026 and Nov 4, 2026; the largest of those was +0.81% in 10 minutes, on Oct 29, 2026.
- Oct 29, 2026, 09:33 ET: “CrowdStrike falls 4.6%, Palo Alto Networks drops 5%, Cloudflare declines 4.9% and Okta loses 7.1%.” (+0.81% in 10 minutes)
- Oct 21, 2026, 10:11 ET: “Cloudflare says it is working with the PHP Foundation, OpenAI, Wiz and others on coordinated measures to protect the internet” (+0.75% in 10 minutes)
Cloudflare at a glance
| Sector | Technology |
| Industry | Computer Software: Prepackaged Software |
| Market value | $94.92 billion (as of Nov 5, 2026) |
Prices are closes of 1-minute bars. Each move on this page is measured from the last completed bar before its headline.
How did Cloudflare stock react to its Q3 earnings on November 5, 2026?
The stock rose 18.47% in the 10 minutes after its Q3 results crossed at 16:15:03 ET. Adjusted EPS of $0.38 came in above the $0.34 estimate; revenue of $782.51 million came in above the $738.53 million estimate.
How far did NET move after the headline?
From $243.53 just before the headline to $288.50 10 minutes later, a +18.47% move.
What did Cloudflare guide for adjusted EPS?
Adjusted EPS guidance of $1.35, replacing $1.25 to $1.26; the estimate was $1.28 (raised).
What else has moved NET stock recently?
The two largest measured reactions before November 5, 2026: Oct 29, 2026, CrowdStrike falls 4.6%, Palo Alto Networks drops 5%, Cloudflare declines 4.9% and Okta loses 7.1%. (+0.81% in 10 minutes); Oct 21, 2026, Cloudflare says it is working with the PHP Foundation, OpenAI, Wiz and others on coordinated measures to protect the internet (+0.75% in 10 minutes).
Sources
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NET headline and measured reaction, Nov 5, 2026
— MoveSurge
The headline as it crossed, its timestamp, and the measured price reaction reported on this page.
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