Fastly, Inc. (NASDAQ:FSLY) Receives $25.33 Consensus Price Target from Brokerages

Fastly, Inc. (NASDAQ:FSLY) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, six have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $25.3333.

FSLY has been the subject of a number of research analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $29.00 target price on shares of Fastly in a report on Thursday, August 6th. Canaccord Genuity Group started coverage on Fastly in a research report on Friday, July 17th. They set a “buy” rating and a $27.00 price objective on the stock. Evercore reiterated an “outperform” rating on shares of Fastly in a report on Thursday, August 6th. Piper Sandler boosted their target price on Fastly from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Finally, Citigroup upped their target price on shares of Fastly from $13.00 to $25.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th.

Fastly Trading Down 4.0%

Shares of NASDAQ FSLY opened at $22.71 on Tuesday. The stock has a market cap of $3.62 billion, a P/E ratio of -42.85 and a beta of 0.34. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.36 and a quick ratio of 3.36. Fastly has a 1 year low of $7.01 and a 1 year high of $34.82. The firm has a 50-day moving average of $21.09 and a 200 day moving average of $21.23.

Fastly (NASDAQ:FSLY) last announced its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.08. The business had revenue of $183.32 million during the quarter, compared to the consensus estimate 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. As a group, sell-side analysts expect that Fastly will post -0.29 EPS for the current fiscal year.

Insider Activity at Fastly

In other Fastly news, CEO Charles Lacey Compton III sold 34,552 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $28.60, for a total transaction of $988,187.20. Following the completion of the sale, the chief executive officer directly owned 996,040 shares in the company, valued at approximately $28,486,744. The trade was a 3.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Artur Bergman sold 32,387 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $28.60, for a total value of $926,268.20. Following the transaction, the chief technology officer directly owned 2,005,191 shares in the company, valued at $57,348,462.60. The trade was a 1.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 436,364 shares of company stock worth $10,739,032 in the last three months. 4.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Fastly

A number of large investors have recently made changes to their positions in FSLY. PNC Financial Services Group Inc. lifted its stake in shares of 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 purchasing an additional 633 shares during the period. Caitong International Asset Management Co. Ltd bought a new stake in Fastly during the fourth quarter valued at approximately $41,000. Align Financial LLC bought a new stake in Fastly during the fourth quarter valued at approximately $41,000. Sound Income Strategies LLC purchased a new stake in Fastly during the first quarter valued at approximately $44,000. Finally, Quarry LP purchased a new stake in Fastly during the third quarter valued at approximately $49,000. 79.71% of the stock is currently owned by institutional investors.

Fastly News Roundup

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly is highlighted as one of three mid-cap stocks benefiting from strong AI and cloud-computing momentum. The report points to expanding cloud demand, AI adoption and improving earnings estimates as potential long-term catalysts for FSLY. Buy 3 High-Flying Mid-Cap Stocks on Solid AI Cloud Computing Momentum
• Neutral Sentiment: Fastly’s CTO Artur Bergman sold 64,074 shares for approximately $1.71 million across August 18–19, while retaining nearly 1.97 million shares. Both transactions were conducted under a pre-arranged Rule 10b5-1 trading plan, which may reduce their significance as a discretionary signal. CTO SEC Form 4 Filing
• Neutral Sentiment: CEO Charles Lacey Compton III sold 45,750 shares for roughly $1.26 million over the same two days, leaving him with nearly 985,000 shares. The sales also followed a pre-arranged Rule 10b5-1 plan, limiting the extent to which investors should interpret them as a change in management’s outlook. CEO SEC Form 4 Filing
• Negative Sentiment: CFO Richard Wong sold 148,015 shares for approximately $4.23 million, reducing his direct ownership by nearly 12%. Another insider, Scott R. Lovett, sold 14,936 shares for about $427,000. The combined sales—along with those by the CEO and CTO—total approximately $7.84 million and could weigh on sentiment because several senior executives sold shares within a short period. CFO SEC Form 4 Filing Insider SEC Form 4 Filing
• Negative Sentiment: A valuation-focused analysis said Fastly’s shares had fallen sharply and that GF Value still viewed the stock as overvalued. That assessment may reinforce selling pressure, particularly after the stock’s substantial rise from its 52-week low. Fastly Shares Fall; GF Value Says Still Overvalued

Fastly Company Profile

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.