Fastly (NASDAQ: FSLY) has recently received a number of price target changes and ratings updates:
- 10/9/2026 – Fastly was upgraded by Oppenheimer Holdings, Inc. from “market perform” to “outperform”. They now have a $35.00 price target on the stock.
- 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.
Insider Activity
In related news, insider Scott R. Lovett sold 41,815 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider directly owned 1,281,583 shares in the company, valued at $31,578,205.12. This trade represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Artur Bergman sold 3,961 shares of the firm’s stock in a transaction that occurred on Tuesday, September 29th. The stock was sold at an average price of $25.26, for a total value of $100,054.86. Following the transaction, the chief technology officer owned 1,101,319 shares in the company, valued at approximately $27,819,317.94. The trade was a 0.36% 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. In the last quarter, insiders sold 1,243,371 shares of company stock valued at $33,335,165. Insiders own 4.20% of the company’s stock.
Fastly’s products and services include content delivery, edge computing, application programming interface (API) services, cloud security and observability tools.
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