Fastly (NYSE: FSLY) has recently received a number of price target changes and ratings updates:
- 5/8/2026 – Fastly was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”. They now have a $23.00 price target on the stock.
- 5/7/2026 – Fastly had its price target lowered by Royal Bank Of Canada to $18.00. They now have a “sector perform” rating on the stock.
- 5/7/2026 – Fastly had its price target raised by KeyCorp from $14.00 to $27.00. They now have an “overweight” rating on the stock.
- 5/7/2026 – Fastly had its price target lowered by Piper Sandler to $27.00. They now have a “neutral” rating on the stock.
- 5/7/2026 – Fastly had its price target raised by Citigroup Inc. from $13.00 to $25.00. They now have a “neutral” rating on the stock.
- 4/14/2026 – Fastly was downgraded by Craig Hallum from “buy” to “hold”. They now have a $24.00 price target on the stock.
- 4/14/2026 – Fastly is now covered by Evercore Inc. They set an “outperform” rating and a $24.00 price target on the stock.
- 4/14/2026 – Fastly is now covered by Evercore Inc. They set an “outperform” rating and a $24.00 price target on the stock.
Insider Activity
In other news, CEO Charles Lacey Compton III sold 73,206 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $20.94, for a total value of $1,532,933.64. Following the completion of the transaction, the chief executive officer owned 875,831 shares of the company’s stock, valued at $18,339,901.14. The trade was a 7.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Scott R. Lovett sold 73,715 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $21.06, for a total transaction of $1,552,437.90. Following the completion of the sale, the insider owned 1,580,513 shares of the company’s stock, valued at approximately $33,285,603.78. The trade was a 4.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,133,578 shares of company stock valued at $23,937,086 over the last 90 days. Insiders own 6.70% of the company’s stock.
Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.
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