Fastly (NYSE:FSLY) Releases Q1 2026 Earnings Guidance

Posted by Teresa Graham on Feb 12th, 2026

Fastly (NYSE:FSLY – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.070-0.100 for the period, compared to the consensus estimate of -0.030. The company issued revenue guidance of $168.0 million-$174.0 million, compared to the consensus revenue estimate of $161.4 million. Fastly also updated its FY 2026 guidance to 0.230-0.290 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on FSLY. DA Davidson cut their price target on Fastly from $11.50 to $9.00 and set a “neutral” rating for the company in a research note on Monday. Citigroup dropped their price objective on Fastly from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Friday, January 16th. Oppenheimer started coverage on Fastly in a research report on Monday, November 17th. They set a “market perform” rating for the company. William Blair raised Fastly from a “market perform” rating to an “outperform” rating in a report on Thursday. Finally, Wall Street Zen raised shares of Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $10.71.

Check Out Our Latest Stock Report on Fastly

Fastly Price Performance

NYSE FSLY traded up $5.81 during trading on Thursday, hitting $15.12. 36,644,340 shares of the stock traded hands, compared to its average volume of 4,903,654. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. Fastly has a 12-month low of $4.65 and a 12-month high of $15.65. The firm has a 50-day simple moving average of $9.79 and a 200-day simple moving average of $9.01. The company has a market capitalization of $2.26 billion, a P/E ratio of -15.84 and a beta of 1.03.

Insider Buying and Selling at Fastly

In other news, CEO Charles Lacey Compton III sold 4,638 shares of the business’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $8.81, for a total value of $40,860.78. Following the sale, the chief executive officer directly owned 612,232 shares in the company, valued at $5,393,763.92. The trade was a 0.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Artur Bergman sold 20,000 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $8.84, for a total transaction of $176,800.00. Following the completion of the transaction, the chief technology officer directly owned 2,540,214 shares of the company’s stock, valued at approximately $22,455,491.76. The trade was a 0.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 706,530 shares of company stock worth $7,298,947 in the last 90 days. 6.70% of the stock is currently owned by company insiders.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Management issued upbeat FY2026 guidance — EPS of $0.23–$0.29 (consensus -$0.17) and revenue $700M–$720M (consensus ~$646M), signaling a stronger profitability and revenue trajectory than expected. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Management gave stronger Q1 2026 guidance — EPS $0.07–$0.10 (consensus -$0.03) and revenue $168M–$174M (consensus ~$161M), reducing near-term execution risk and supporting a re-rating. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Company reported record Q4 and full‑year revenue, gross margin and operating profit — the quarter beat expectations and is the core catalyst behind the stock strength. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Street commentary positions Fastly as an “underrated AI play,” with analysts pointing to LLM-driven traffic and edge compute demand as secular support for revenue/usage growth. Fastly Stock Soars 34% After Earnings. Why It’s an Underrated AI Play.
Neutral Sentiment: Post‑earnings writeups and the full call transcript are available — investors should review management commentary on margin drivers, in‑line product revenue trends and assumptions behind the guidance. Fastly, Inc. (FSLY) Q4 2025 Earnings Call Transcript
Neutral Sentiment: Broader market context: U.S. futures were firmer following the jobs report, providing a supportive tape for technology names on the day. Stock Market Today: Dow Jones, S&P 500 Futures Gain After Strong Job Report—Micron, Novocure, Fastly In Focus
Negative Sentiment: Some analysts remain cautious — DA Davidson trimmed its target to $9 (from $11.50) before the print, reflecting lingering concerns on valuation and execution cadence despite the beat. Fastly price target lowered to $9 from $11.50 at DA Davidson
Negative Sentiment: Insider selling: CTO Artur Bergman sold 20,000 shares on Feb. 9 (part of a series of recent sales). It’s a modest ownership reduction but worth noting for investor optics. SEC Form 4 – Artur Bergman

Hedge Funds Weigh In On Fastly

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP lifted its position in Fastly by 2.9% in the third quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company’s stock worth $35,380,000 after buying an additional 117,213 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Fastly by 7.2% in the fourth quarter. Geode Capital Management LLC now owns 3,477,675 shares of the company’s stock valued at $35,408,000 after acquiring an additional 233,184 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of Fastly by 7.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock valued at $14,573,000 after acquiring an additional 165,937 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in shares of Fastly by 3.7% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 1,928,436 shares of the company’s stock worth $16,719,000 after acquiring an additional 69,290 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in shares of Fastly by 3,941.1% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,329,006 shares of the company’s stock worth $9,383,000 after purchasing an additional 1,296,119 shares during the period. Institutional investors own 79.71% of the company’s stock.

About Fastly

(Get Free Report)

Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly’s real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.

Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.