Fastly (NASDAQ:FSLY) Stock Price Down 7.4% – Should You Sell?

Posted by Brenda Bartman on Oct 14th, 2026

Shares of Fastly, Inc. (NASDAQ:FSLY – Get Free Report) fell 7.4% during mid-day trading on Monday. The stock traded as low as $27.40 and last traded at $27.1440. Approximately 1,118,331 shares were traded during trading, a decline of 88% from the average session volume of 9,148,887 shares. The stock had previously closed at $29.30.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Fastly in a report on Wednesday, September 23rd. Bank of America boosted their target price on shares of Fastly from $20.00 to $22.00 and gave the stock an “underperform” rating in a research report on Wednesday, September 23rd. Canaccord Genuity Group assumed coverage on shares of Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 price objective for the company. Oppenheimer raised Fastly from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research report on Friday. Finally, Freedom Broker lifted their price target on Fastly from $32.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $27.42.

Check Out Our Latest Stock Report on Fastly

Fastly Trading Up 2.5%

The stock has a 50-day moving average of $24.92 and a 200 day moving average of $22.71. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.36 and a current ratio of 3.36.

Fastly (NASDAQ:FSLY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to analysts’ expectations of $173.94 million. Fastly had a negative net margin of 11.80% and a negative return on equity of 6.31%. Fastly has set its FY 2026 guidance at 0.500-0.540 EPS and its Q3 2026 guidance at 0.110-0.130 EPS. On average, research analysts predict that Fastly, Inc. will post -0.29 earnings per share for the current year.

Insiders Place Their Bets

In other Fastly news, insider Jeffrey Ford sold 45,832 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $24.65, for a total transaction of $1,129,758.80. Following the completion of the transaction, the insider owned 249,861 shares in the company, valued at $6,159,073.65. The trade was a 15.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Scott Lovett sold 41,815 shares of Fastly stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $24.64, for a total value of $1,030,321.60. Following the sale, the insider directly owned 1,281,583 shares of the company’s stock, valued at $31,578,205.12. This trade represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,243,371 shares of company stock worth $33,335,165. Corporate insiders own 4.20% of the company’s stock.

Institutional Investors Weigh In On Fastly

A number of institutional investors and hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its stake in Fastly by 84.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,381 shares of the company’s stock worth $40,000 after buying an additional 633 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Fastly by 1,621.7% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock valued at $26,000 after purchasing an additional 1,346 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Fastly by 38.4% in the 3rd quarter. GAMMA Investing LLC now owns 1,510 shares of the company’s stock worth $39,000 after buying an additional 419 shares during the period. Sound Income Strategies LLC purchased a new stake in Fastly during the first quarter worth approximately $44,000. Finally, EverSource Wealth Advisors LLC raised its position in Fastly by 39.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,204 shares of the company’s stock valued at $64,000 after purchasing an additional 627 shares during the period. 79.71% of the stock is owned by hedge funds and other institutional investors.

Fastly Company Profile

(Get Free Report)

Fastly, Inc (NASDAQ: FSLY) is a technology company that provides an edge cloud platform designed to help businesses deliver, secure and operate digital applications and content closer to end users. Its platform supports websites, mobile applications, APIs, streaming media and other internet services by processing data at the edge of the network, helping organizations improve performance, scalability and reliability.

Fastly’s products and services include content delivery, edge computing, application programming interface (API) services, cloud security and observability tools.