Analysts Set Fastly, Inc. (NASDAQ:FSLY) Target Price at $25.33

Shares of Fastly, Inc. (NASDAQ:FSLY) have been given an average recommendation of “Hold” by the thirteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $25.3333.

A number of research analysts have weighed in on FSLY shares. Canaccord Genuity Group assumed coverage on Fastly in a report on Friday, July 17th. They set a “buy” rating and a $27.00 target price for the company. Piper Sandler boosted their price objective on shares of Fastly from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, August 6th. Raymond James Financial reaffirmed an “outperform” rating and set a $29.00 target price on shares of Fastly in a report on Thursday, August 6th. Evercore reiterated an “outperform” rating on shares of Fastly in a research note on Thursday, August 6th. Finally, Royal Bank Of Canada raised their price target on shares of Fastly from $22.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday, August 6th.

Insiders Place Their Bets

In other Fastly news, insider Scott R. Lovett sold 34,820 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $23.85, for a total value of $830,457.00. Following the transaction, the insider directly owned 1,323,398 shares in the company, valued at $31,563,042.30. This represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Charles Compton, III sold 50,392 shares of the company’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $24.93, for a total value of $1,256,272.56. Following the completion of the transaction, the chief executive officer owned 851,949 shares in the company, valued at $21,239,088.57. This represents a 5.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 659,837 shares of company stock worth $16,630,097. 4.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FSLY. Integrated Wealth Concepts LLC bought a new stake in Fastly during the second quarter valued at approximately $48,000. IFP Advisors Inc grew its stake in Fastly by 1,621.7% in the 2nd quarter. IFP Advisors Inc now owns 1,429 shares of the company’s stock worth $26,000 after buying an additional 1,346 shares in the last quarter. Spark Investment Management LLC bought a new position in shares of Fastly in the 2nd quarter worth $340,000. Nykredit A S bought a new position in shares of Fastly in the 2nd quarter worth $77,000. Finally, AlphaGrep UK Ltd purchased a new stake in shares of Fastly during the 2nd quarter valued at $366,000. Hedge funds and other institutional investors own 79.71% of the company’s stock.

Fastly Price Performance

NASDAQ FSLY opened at $23.86 on Friday. The company has a market cap of $3.80 billion, a PE ratio of -45.02 and a beta of 0.36. Fastly has a 52 week low of $7.74 and a 52 week high of $34.82. The company has a quick ratio of 3.36, a current ratio of 3.36 and a debt-to-equity ratio of 0.33. The firm’s 50-day simple moving average is $23.10 and its two-hundred day simple moving average is $22.44.

Fastly (NASDAQ:FSLY) last posted its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.08. The firm 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. Research analysts predict that Fastly will post -0.29 earnings per share for the current year.

More Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s latest quarterly results exceeded expectations, with adjusted earnings of $0.15 per share versus the $0.07 consensus and revenue of $183.32 million versus estimates of $173.94 million. Management’s fiscal 2026 EPS guidance of $0.50–$0.54 also supports the turnaround narrative. Analysts’ average price target of $25.33 remains above the recent trading level, although the consensus rating is Hold. Fastly’s Q2 Rally Shows Investors Are Buying the Edge AI Turnaround
• Positive Sentiment: Institutional ownership remains high at approximately 79.7%, while several investment firms established or expanded positions during the second quarter. This may provide some support for the stock’s edge-cloud and artificial-intelligence growth story.
• Neutral Sentiment: Fastly’s CTO Artur Bergman sold 2,500 shares for about $62,850 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and represented only 0.16% of his holdings, its immediate signal may be limited. Fastly CTO Artur Bergman Sells 2,500 Shares
• Negative Sentiment: Multiple insiders sold significant amounts of stock: Scott Lovett sold 34,820 shares for approximately $830,000, while Jeffrey Ford sold 37,091 shares for about $884,000. The transactions reduced their holdings by 2.56% and 11.15%, respectively, adding selling pressure and potentially weakening investor confidence. Fastly Insider Sale Filing
• Negative Sentiment: Recent reports also highlight repeated insider sales by CTO Artur Bergman, including a combined 31,079-share sale on September 14 and additional transactions in recent weeks. Although some sales used 10b5-1 plans, the frequency and size of the transactions may pressure FSLY. Artur Bergman Sells Fastly Shares
• Negative Sentiment: Concerns about substantial stock-based compensation and continued GAAP losses remain an overhang. Investors may question the quality of Fastly’s adjusted profitability and the potential dilution to shareholders. Fastly: SBC Running Rampant As GAAP Profitability Remains Under Water

Fastly Company Profile

Fastly, Inc is a cloud computing company that provides an edge cloud platform for delivering, securing and accelerating digital experiences. Its platform processes and serves applications, websites, APIs, streaming media and other internet content closer to end users, helping organizations improve performance, reliability and control.

Fastly’s product portfolio includes content delivery and application performance services, application programming interface (API) security, web application and bot protection, distributed denial-of-service (DDoS) mitigation, and edge compute capabilities.