Atlassian Soars 34%, Twilio Leaps 27%, Cloudflare Advances 9% in Software Stock Surge

3-line summary

• Atlassian jumped 34% to $148.09 after a stronger-than-expected quarterly report and improved fiscal 2027 outlook, according to a 24/7 Wall St. report.
• Twilio rose 27% to $245.80 on a 'beat-and-raise' second-quarter report, while Cloudflare advanced 9% to $310.06 on strong results including 36% revenue growth, according to the report.
• Bank of America upgraded Atlassian to buy and raised its price target to $175 from $105, and Goldman Sachs raised Cloudflare's target to $389, according to the report.

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