Fastly (NYSE:FSLY) Updates FY 2026 Earnings Guidance

Fastly (NYSE:FSLY) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.230-0.290 for the period, compared to the consensus estimate of -0.170. The company issued revenue guidance of $700.0 million-$720.0 million, compared to the consensus revenue estimate of $645.8 million. Fastly also updated its Q1 2026 guidance to 0.070-0.100 EPS.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Piper Sandler reaffirmed a “neutral” rating and set a $14.00 price objective (up previously from $11.00) on shares of Fastly in a research report on Thursday. DA Davidson set a $13.00 price target on shares of Fastly in a research note on Thursday. Wall Street Zen upgraded shares of Fastly from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Royal Bank Of Canada upped their price objective on shares of Fastly from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, William Blair raised shares of Fastly from a “market perform” rating to an “outperform” rating in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.57.

Fastly Stock Performance

Shares of Fastly stock traded up $1.39 on Friday, reaching $17.43. The stock had a trading volume of 12,794,525 shares, compared to its average volume of 7,928,733. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The business’s 50-day moving average price is $9.88 and its two-hundred day moving average price is $9.06. The stock has a market cap of $2.60 billion, a P/E ratio of -18.14 and a beta of 1.03. Fastly has a fifty-two week low of $4.65 and a fifty-two week high of $17.86.

Insiders Place Their Bets

In other Fastly news, insider Scott R. Lovett sold 42,118 shares of the company’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $10.10, for a total transaction of $425,391.80. Following the completion of the sale, the insider directly owned 1,002,137 shares in the company, valued at $10,121,583.70. This represents a 4.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Artur Bergman sold 62,828 shares of Fastly stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $10.48, for a total value of $658,437.44. Following the completion of the transaction, the chief technology officer owned 2,975,730 shares in the company, valued at $31,185,650.40. The trade was a 2.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 706,530 shares of company stock valued at $7,298,947. Company insiders own 6.70% of the company’s stock.

Trending Headlines about Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full‑year results — Fastly reported record revenue, improved gross margin and operating profit, and delivered adjusted Q4 EPS that beat estimates; management also raised guidance for Q1 and FY‑2026, which is the core catalyst for the rally. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: AI/agentic‑AI narrative — multiple analysts and media pieces are reclassifying Fastly as an underappreciated AI/edge play as LLM traffic and “agentic” AI use cases boost edge compute and CDN demand. This sentiment is helping multiple buy‑side flows. The Agentic AI Revolution: Fastly’s Moment
• Positive Sentiment: Heavy call buying and retail/institutional flows — unusually large options activity (nearly 100k calls reported) and coverage pieces highlighting the beat+raise appear to have amplified a short‑covering move. Why is Fastly (FSLY) stock rocketing higher today?
• Neutral Sentiment: Earnings transcript & metrics to parse — the full call/transcript provides detail on margin drivers, “in‑line” product trends and assumptions behind guidance; investors should read management’s color on AI customer wins and cadence. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Legal/investigations headlines — two law firms have posted investor alerts encouraging shareholder contact, which can create headline risk even if currently procedural. Morris Kandinov LLP investor alert
• Negative Sentiment: Insider selling — CTO Artur Bergman sold 20,000 shares (small relative to total holdings); while common, insider sales can be noticed by investors during volatile moves. SEC Form 4 – Artur Bergman
• Negative Sentiment: Some analysts remain cautious — at least one shop trimmed its price target before the print, underscoring lingering valuation and execution concerns despite the beat. Price target lowered at DA Davidson

Hedge Funds Weigh In On Fastly

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Quarry LP acquired a new position in Fastly during the 3rd quarter valued at $49,000. Advisors Asset Management Inc. acquired a new stake in Fastly in the 4th quarter worth $83,000. Geneos Wealth Management Inc. bought a new position in shares of Fastly during the 1st quarter worth about $52,000. Oxford Asset Management LLP acquired a new position in shares of Fastly during the second quarter valued at about $83,000. Finally, Parallax Volatility Advisers L.P. raised its position in shares of Fastly by 13.8% during the third quarter. Parallax Volatility Advisers L.P. now owns 12,095 shares of the company’s stock valued at $103,000 after buying an additional 1,465 shares during the last quarter. Institutional investors own 79.71% of the company’s stock.

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.