Cloudflare stock may move 11% on Nov. 5 earnings report

Cloudflare Inc. Class A shares could move 11% when the company releases its earnings report on Nov. 5 after the market close, based on options data compiled by Bloomberg.

The stock has exceeded the options-implied move in three of the past eight earnings announcements. On Oct. 30, 2025, shares moved 20.2% while options indicated a 10.4% move. On Feb. 6, 2025, the stock moved 22.1% against an 11% implied move.

Most recently on Aug. 6, Cloudflare shares moved 11.1%, slightly above the 10.8% implied move. On May 7, the stock fell 7.5% against a 12.3% implied move, and on Feb. 10, shares rose 3.8% compared to an 11.6% implied move.

In five of the eight previous earnings releases, the actual price movement fell short of the options market expectations.