Cloudflare's stock is trading higher after the company announced it was named a "Leader" in The Forrester Waveâ„¢ report for Edge Development Platforms for Q1 2026.

  • The influential report recognized Cloudflare with the highest possible scores in 12 criteria, including Vision, Innovation, Roadmap, and AI Application Development.
  • Forrester's analysis stated that Cloudflare is a "strong fit" for organizations seeking edge-first applications and highlighted its "robust, accelerating investment in AI application development".
  • The positive news is also supported by a broader tech sector rally, with the NASDAQ Composite up 0.93%.