Fastly's shares dropped 7% over two days following its Investor Day, despite a strong 138% gain year-to-date. The company outlined a platform strategy targeting $1.3 billion revenue by 2029, focusing on security and AI-related products. The sell-off reflects investors reassessing expectations after the long-term guidance, while the company’s pivot aligns with broader cloud and AI trends. Investors face a choice to lock in profits or hold for potential growth as Fastly’s next key report is its Q3 2026 earnings.
Fastly's shares have surged 138% this year but are currently down 7.36% in a single day on Pluang as of Sep 23, 2026 21:23 WIB. The stock trades at USD 24.16 with a market cap of $4.16 billion, while 83% of Pluang orders are selling. This notable sell-off on Pluang coincides with the company's recent Investor Day and strategic shift, highlighting investor caution despite the strong year-to-date gains.
RBC Capital assigned Fastly a "Sector Perform" rating, signaling a neutral investment outlook. Fastly aims to grow its revenue to $1.1-$1.3 billion by 2029, driven by steady operational improvements and a $22 billion market opportunity. The company i...
Fastly reported record Q2 2026 revenue of $183.3 million, up 23% year-over-year, and non-GAAP EPS of $0.15, both exceeding analyst expectations. The company raised its 2026 revenue guidance to $739 million and EPS to $0.52, citing improved operating ...
Fastly's stock fell 7% following its Investor Day event despite no negative news, suggesting profit taking after a strong prior run. Meanwhile, peers Cloudflare and Akamai saw their shares rise, indicating the sell-off was specific to Fastly rather t...
Fastly's stock surged 14% following the launch of new AI traffic control products, including an AI Firewall designed to block attacks on large language models. This move sparked gains in related edge security and AI infrastructure stocks, with Cloudf...
