Cloudflare expects Q2 revenue growth acceleration and plans to raise full-year outlook, targeting mid-30% growth by 2026 end.

Cloudflare is anticipated to accelerate its revenue growth in the second quarter, with guidance pointing to about 30% year-over-year growth. Jefferies expects the company to beat this guidance, potentially reaching 33.6% growth, and to raise its full-year revenue outlook accordingly. Investors will watch for updates on the impact of a recent 20% workforce reduction and the search for a new chief revenue officer. Despite some near-term risks, Cloudflare remains well positioned for growth driven by AI demand and cybersecurity trends, aiming for a mid-30% growth rate by the end of 2026.