Fastly (NYSE:FSLY) Issues FY 2026 Earnings Guidance

Fastly (NYSE:FSLY) updated its FY 2026 earnings guidance on Thursday. 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.

Fastly Stock Up 13.8%

Shares of Fastly stock opened at $18.26 on Friday. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of -19.02 and a beta of 1.03. The company has a fifty day moving average price of $10.03 and a 200 day moving average price of $9.14. Fastly has a twelve month low of $4.65 and a twelve month high of $19.14. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16.

Wall Street Analyst Weigh In

FSLY has been the topic of several recent research reports. KeyCorp upgraded shares of Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 price target on the stock in a research report on Monday, December 15th. William Blair upgraded shares of Fastly from a “market perform” rating to an “outperform” rating in a research report on Thursday. Royal Bank Of Canada boosted 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. DA Davidson set a $13.00 price objective on Fastly in a research report on Thursday. Finally, Piper Sandler reiterated a “neutral” rating and set a $14.00 price target (up previously from $11.00) on shares of Fastly in a research note on Thursday. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Fastly presently has an average rating of “Hold” and a consensus price target of $12.00.

Insider Buying and Selling

In related news, CTO Artur Bergman sold 20,000 shares of Fastly stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $8.84, for a total value of $176,800.00. Following the completion of the sale, the chief technology officer directly owned 2,540,214 shares in the company, valued at $22,455,491.76. This trade represents a 0.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Charles Lacey Compton III sold 4,638 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $8.81, for a total value of $40,860.78. Following the sale, the chief executive officer directly owned 612,232 shares of the company’s stock, valued at $5,393,763.92. This represents a 0.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 706,530 shares of company stock valued at $7,298,947. 6.70% of the stock is currently owned by company insiders.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full?year results, first profitable year on a non?GAAP basis and stronger than expected guidance—primary catalyst for the rally. Fastly Delivers Record Q4 2025 Results, Achieves Profitability
• Positive Sentiment: Investor/analyst narratives highlight Fastly as an “agentic AI” play — expected sustained traffic and revenue tailwinds from AI workloads support higher growth expectations. The Agentic AI Revolution: Fastly’s Moment
• Positive Sentiment: Unusually large options activity (nearly 100k call contracts) and heavy share volume likely amplified the move and may reflect speculative/short?covering flows supporting the rally.
• Neutral Sentiment: Detailed earnings call and slide deck available for those who want to drill into margin drivers, product mix (in?line/edge products) and the assumptions behind guidance. Fastly Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Round?up coverage explains the move and positioning—useful for sentiment/read?through but not new company data. Why is Fastly (FSLY) stock rocketing higher today?
• Negative Sentiment: Regulatory/contest risk: multiple law?firm “investigations” / investor alerts were filed after the print—could create headline risk or shareholder litigation. Morris Kandinov LLP Investor Alert Halper Sadeh LLC Notice
• Negative Sentiment: Insider selling: CTO sold blocks of shares in recent weeks (SEC Form 4 disclosure), which some investors may view as a negative signal despite his remaining large stake. SEC Form 4 – Artur Bergman
• Negative Sentiment: Some sell?side caution remains (DA Davidson trimmed its target), underscoring remaining valuation and execution risks despite the strong quarter. Fastly price target lowered to $9 at DA Davidson

Institutional Trading of Fastly

Institutional investors and hedge funds have recently made changes to their positions in the business. Amundi boosted its position in shares of Fastly by 11.3% in the 1st quarter. Amundi now owns 46,624 shares of the company’s stock worth $277,000 after purchasing an additional 4,724 shares during the last quarter. AQR Capital Management LLC bought a new position in Fastly during the first quarter worth about $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Fastly by 1.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company’s stock valued at $2,950,000 after purchasing an additional 6,247 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Fastly by 963.6% during the 1st quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock worth $385,000 after acquiring an additional 55,118 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Fastly by 7.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock valued at $14,573,000 after purchasing an additional 165,937 shares during the last quarter. Institutional investors own 79.71% of the company’s stock.

About Fastly

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.