Fastly, Inc. (FSLY) - Stock Analysis

Last updated: Sep 5, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Short-term catalyst strength from the 2026-08-05/08-06 Q2 report: revenue and earnings beat, revenue grew 23%, margins hit a record, and full-year revenue and operating-profit guidance was raised. Stock broke out roughly 44% over 21 days, supported by AI and security demand commentary.

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Idea window: 8/12/2026 – 8/19/2026Sector: Technology

AI Analyst Overview

Last Price
$23.16
Market Cap
$3.62B
1D Return
+1.98%
YTD Return
+108.27%

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Valuation Metrics

P/E
-43.7
P/B
3.7
P/S
5.3
EV/EBITDA
-944.4
Div Yield
—

Fundamental Analysis

6.0

Key Financial Insights: • Margin Improvement • Strong Liquidity • Ongoing Losses FSLY shows improving margins, EBITDA, liquidity, and leverage, but persistent operating losses, weak returns, high costs, and an elevated valuation warrant caution.

Turnaround
ValuationRisk

Price Behavior

4.0

Key Price Behavior Insights: • Persistent downtrend • Support holding • Resistance overhead Support Level: $20.40–$20.80 Resistance Level: $22.70–$23.30 FSLY remains technically weak over the last month, with support at $20.40–$20.80 and a sustained move above $23.30 needed to signal easing downside momentum.

Cautious
TechnicalView

Sentiment & News

6.0

Key News Insights: • Earnings beat • Raised guidance • Legal overhang Fastly beat Q2 expectations and raised guidance on security and AI demand, but volatility, valuation concerns, and a legal probe cloud the outlook.

Fastly
LegalRisk
AI

AI Summary

5.0
Neutral

Fastly has shifted from a turnaround hope to a proof-of-durability story: expanding margins, positive EBITDA, and raised guidance support upside, but investors should wait for sustained operating profitability and free-cash-flow conversion before underwriting its premium valuation amid legal and dilution risks.

Turnaround
ValuationRisk
Watchlist
AI summary updated 6 days ago

Description

Fastly, Inc. operates an edge cloud platform that processes, serves, and protects customer applications and content worldwide, providing compute-at-edge, developer tools, content delivery, streaming, and managed delivery services. Its offerings include performance and caching features, security controls such as DDoS mitigation, web application and API protection, and transport security, along with edge-hosted applications like load balancing and image optimization. The company supports customers across digital publishing, media, technology, e-commerce, travel, and financial services and is headquartered in San Francisco, California.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Aug 12Aug 19FSLYFastly, Inc.
Short-term catalyst strength from the 2026-08-05/08-06 Q2 report: revenue and earnings beat, revenue grew 23%, margins hit a record, and full-year revenue and operating-profit guidance was raised. Stock broke out roughly 44% over 21 days, supported by AI and security demand commentary.
Closed-17.1%
Jul 30Aug 6FSLYFastly, Inc.
Short-term software momentum candidate: the stock is up about 15.6% over 21 trading days, above its 21-day moving average, and at a new 21-day high. Upcoming Q2 earnings on 2026-08-05 plus AI-agent and edge-partnership headlines provide near-term catalysts.
Closed+5.2%
Apr 6Apr 13FSLYFastly, Inc.
Assessed as a short-term "hot" idea: raised 2026 revenue guidance, strong Q4 security/edge growth, Forrester "Leader" recognition and AI/security positioning underpin a sharp ~58% 21-day price surge with price ~20% above its 21-day SMA. Momentum traders can target a move toward resistance (~33.5) over the next days while managing legal/insider-selling risk.
Closed-22.7%
Mar 13Mar 20FSLYFastly, Inc.
Turnaround/AI edge play with fresh earnings catalyst: Q4/FY25 showed revenue acceleration, margin improvement and raised guidance, with RPO reportedly up ~55% to $354M and AI/edge messaging catching investor attention. The stock has rallied ~57% over 21 days and trades ~26% above its 21‑day SMA. Despite legal overhang and ongoing losses, the combination of a recent beat, upgraded outlook and strong price action makes FSLY a tactical short‑term momentum candidate.
Closed+2.5%
Feb 19Feb 26FSLYFastly, Inc.
Q4 marked a fundamental inflection (record revenue, margin expansion, first full year of non-GAAP profitability, rising RPO and AI-edge product traction), triggering a ~200% 3–4 week surge; analyst upgrades and short-covering support continued near-term momentum if price holds above short-term support.
Closed-0.6%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.