Cloudflare (NET) surges 12% on Q4 beat, stronger 2026 guidance and AI momentum

On February 11, 2026, Cloudflare shares were up 12% for the week after topping Q4 estimates and lifting guidance. The company reported $615 million in revenue, up 34% year over year, and $0.28 EPS versus $0.27 expected, and projected Q1 revenue of $620–$621 million and full‑year $2.79–$2.80 billion as AI demand accelerated.