Fastly (NASDAQ: FSLY) recently received a number of ratings updates from brokerages and research firms:
- 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 Corporation 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 Inc.
- 9/23/2026 – Fastly had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
- 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.
- 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.
Insider Transactions at Fastly
In other news, insider Jeffrey Ford sold 45,832 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $24.65, for a total value of $1,129,758.80. Following the completion of the sale, the insider owned 249,861 shares of the company’s stock, valued at approximately $6,159,073.65. The trade was a 15.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Scott Lovett sold 41,815 shares of the stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $24.64, for a total transaction of $1,030,321.60. Following the sale, the insider owned 1,281,583 shares in the company, valued at $31,578,205.12. The trade was a 3.16% 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 90 days, insiders sold 826,730 shares of company stock worth $20,967,633. 4.20% of the stock is currently owned by insiders.
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.
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