Fastly (NASDAQ: FSLY) recently received a number of ratings updates from brokerages and research firms:
- 8/7/2026 – Fastly had its “sell (d-)” rating reaffirmed by Weiss Ratings.
- 8/6/2026 – Fastly had its price target raised by Piper Sandler from $27.00 to $28.00. They now have a “neutral” rating on the stock.
- 8/6/2026 – Fastly had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $29.00 price target on the stock.
- 8/6/2026 – Fastly had its “outperform” rating reaffirmed by Evercore Inc.
- 8/6/2026 – Fastly had its price target raised by Royal Bank Of Canada from $22.00 to $28.00. They now have a “sector perform” rating on the stock.
- 8/6/2026 – Fastly had its price target raised by KeyCorp from $27.00 to $30.00. They now have an “overweight” rating on the stock.
- 7/17/2026 – Fastly is now covered by Canaccord Genuity Group Inc.. They set a “buy” rating and a $27.00 price target on the stock.
- 7/16/2026 – Fastly was upgraded by Freedom Capital to “strong-buy”.
Insider Buying and Selling at Fastly
In other Fastly news, CFO Richard Wong sold 148,015 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $28.61, for a total transaction of $4,234,709.15. Following the sale, the chief financial officer directly owned 1,091,286 shares of the company’s stock, valued at $31,221,692.46. The trade was a 11.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Artur Bergman sold 31,687 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $24.72, for a total transaction of $783,302.64. Following the completion of the transaction, the chief technology officer owned 1,973,504 shares of the company’s stock, valued at approximately $48,785,018.88. This trade represents a 1.58% 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 sold 436,364 shares of company stock worth $10,739,032 over the last quarter. Insiders own 4.20% of the company’s stock.
Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.
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