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 is also expanding into artificial intelligence with new AI Firewall and AI Runtime Control tools to secure and manage AI systems, positioning itself to benefit from the growing AI market. Despite positive growth metrics and cash flow, Fastly's stock remains volatile, reflecting market uncertainty.
Fastly's stock is trading at USD 24.70 on Pluang as of Sep 23, 2026 21:13 WIB, down 5.29% in one day. This price is closer to its 52-week low of USD 7.86 than its 52-week high of USD 33.50, indicating significant volatility despite its $4.16 billion market cap. The typical hold time of 26 days and a high sell order activity of 83% on Pluang reflect cautious investor sentiment around Fastly amid its growth and AI expansion efforts.
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 ...
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...
