On September 23, Cloudflare, Inc. rose 3.05% in regular trading, trading at $363.36/share, with turnover of $184 million. The rally was driven by growing momentum around the company's newly launched \"Disallow AI Training\" feature, which has secured pledges of support from Apple, Google, and Microsoft.
The feature enables website administrators to permit search engine crawling while blocking their content from being used for AI model training. Google plans to roll out a URL-level transparency tool for Google-Extended in coming weeks, Apple is developing its own URL-level tool, and Microsoft intends to support robots.txt-based AI training refusal by early next year. The endorsement from all three tech giants solidifies Cloudflare's leadership position in the emerging AI traffic governance space.
At the industry level, JPMorgan projects that AI-driven incremental cybersecurity spending could exceed $430 billion over three years, as AI transforms network security from discretionary IT spend into mandatory infrastructure investment. The bullish sector sentiment provided further tailwind. Oppenheimer recently raised its price target on Cloudflare to $380, citing upside from unprecedented growth in agentic AI traffic, reinforcing the company's strategic positioning at the intersection of AI infrastructure and cybersecurity.
(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.)
Comments