A number of firms have modified their ratings and price targets on shares of Fastly (NASDAQ: FSLY) recently:
- 11/9/2026 – Fastly had its price target lowered by Freedom Broker from $37.00 to $35.00. They now have a “buy” rating on the stock.
- 11/6/2026 – Fastly had its price target lowered by Citigroup from $27.00 to $25.00. They now have a “neutral” rating on the stock.
- 11/5/2026 – Fastly had its “outperform” rating reaffirmed by Raymond James Financial. They now have a $24.00 price target on the stock.
- 11/5/2026 – Fastly had its price target lowered by Royal Bank Of Canada from $25.00 to $19.00. They now have a “sector perform” rating on the stock.
- 11/5/2026 – Fastly had its “neutral” rating reaffirmed by Piper Sandler. They now have a $24.00 price target on the stock, down from $28.00.
- 11/4/2026 – Fastly had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 10/9/2026 – Fastly was upgraded by Oppenheimer from “market perform” to “outperform”. They now have a $35.00 price target on the stock.
- 9/23/2026 – Fastly had its “sector perform” rating reaffirmed by Royal Bank Of Canada. They now have a $25.00 price target on the stock.
- 9/23/2026 – Fastly had its price target raised by Bank of America from $20.00 to $22.00. They now have an “underperform” rating on the stock.
- 9/23/2026 – Fastly had its “outperform” rating reaffirmed by Evercore.
- 9/23/2026 – Fastly had its “outperform” rating reaffirmed by Raymond James Financial.
- 9/23/2026 – Fastly had its price target raised by Freedom Broker from $32.00 to $37.00. They now have a “buy” rating on the stock.
- 9/23/2026 – Fastly had its price target raised by DA Davidson from $21.00 to $23.00. They now have a “neutral” rating on the stock.
- 9/18/2026 – Fastly had its “overweight” rating reaffirmed by KeyCorp. They now have a $30.00 price target on the stock.
Fastly Trading Up 6.3%
Fastly stock opened at $17.26 on Thursday. The business has a 50 day moving average price of $23.62 and a two-hundred day moving average price of $21.63. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.32. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of -43.15 and a beta of 0.22. Fastly, Inc. has a 12 month low of $7.87 and a 12 month high of $34.82.
Fastly (NASDAQ:FSLY – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.12 by $0.05. The firm had revenue of $190.19 million for the quarter, compared to the consensus estimate of $187.82 million. Fastly had a negative net margin of 8.74% and a negative return on equity of 4.53%. As a group, equities analysts forecast that Fastly, Inc. will post -0.27 EPS for the current year.
Insider Activity at Fastly
In other news, CEO Charles Compton, III sold 8,941 shares of the stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $24.98, for a total value of $223,346.18. Following the completion of the transaction, the chief executive officer directly owned 822,559 shares of the company’s stock, valued at approximately $20,547,523.82. This represents a 1.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Artur Bergman sold 37,039 shares of the firm’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $25.48, for a total value of $943,753.72. Following the transaction, the chief technology officer owned 1,024,239 shares of the company’s stock, valued at $26,097,609.72. This trade represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,323,893 shares of company stock worth $35,452,889. Corporate insiders own 4.20% of the company’s stock.
Fastly, Inc. provides an edge cloud platform that helps businesses deliver and secure websites, applications, and digital content. Its services include content delivery, web application and API protection, DDoS mitigation, bot management, and tools for monitoring and analyzing internet traffic. The company also offers edge computing through Fastly Compute, which lets developers run code closer to users. Fastly’s platform is designed to help organizations improve the speed, reliability, and security of online services, and it serves customers across multiple industries and geographies.
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