On July 7, Cloudflare rose 4.9% in regular trading, trading at approximately $256.88/share, with turnover of $86.01 million.

On the news front, Scotiabank released a research report upgrading Cloudflare from Sector Perform to Sector Outperform, while raising its target price significantly from $225 to $300, reflecting strong confidence in the company's future growth prospects. The new target implies approximately 17% upside from current levels.

Additionally, Cloudflare announced on July 1 a refined web crawler blocking policy that will default-block AI agents and training crawlers from accessing ad-containing web pages starting September 15, while introducing a usage-based paid crawling model. The market views this policy as strengthening Cloudflare's strategic position as an internet traffic gatekeeper, potentially opening new AI traffic monetization revenue streams supporting its $5 billion revenue target by 2028.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)