Cloudflare shares fell more than 15% in premarket trading after its quarterly revenue forecast disappointed investors expecting it to benefit materially from the AI adoption cycle. The move points to a negative reaction to guidance rather than the reported quarter itself, with the stock repricing lower on softer-than-hoped near-term expectations.
Cloudflare shares fell more than 15% in premarket trading after its quarterly revenue forecast disappointed investors expecting it to benefit materially from the AI adoption cycle. The move points to a negative reaction to guidance rather than the reported quarter itself, with the stock repricing lower on softer-than-hoped near-term expectations.
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strongly negative
Sentiment Score
-0.55
Ticker Sentiment