Fastly (NYSE:FSLY) Hits New 12-Month High – Here’s What Happened

Shares of Fastly, Inc. (NYSE:FSLY) reached a new 52-week high during trading on Thursday . The company traded as high as $13.13 and last traded at $15.2430, with a volume of 4440063 shares. The stock had previously closed at $9.31.

Key Fastly News

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full‑year results: Fastly reported record revenue, improved gross margin and operating profit, and flagged momentum at year‑end — the core fundamental catalyst for the move. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
• Positive Sentiment: Management issued strong FY‑2026 and Q1 guidance (EPS and revenue well above consensus), which materially shifts 2026 forward expectations and underpins the rally. Fastly stock pops on quarterly earnings beat, strong guidance
• Positive Sentiment: AI/edge narrative: multiple outlets profile Fastly as an “underrated AI play” and argue sustained LLM/agentic AI traffic can drive continued revenue and usage growth. Fastly Stock Soars 34% After Earnings. Why It’s an Underrated AI Play.
• Neutral Sentiment: Analysis pieces and highlights outline the Q4 metrics (in‑line vs. in‑line product mix, margin drivers); useful for investors digging into sustainability of the beat. Fastly Inc (FSLY) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Media framing and trading dynamics: outlets note a rapid move and heavy volume, with some coverage calling the price action a short‑squeeze — these technical flows can amplify moves but aren’t a guarantee of sustained fundamental recovery. Fastly stock dubbed an ‘underappreciated AI play’ after blockbuster Q4 earnings
• Negative Sentiment: Potential legal/governance overhang: Halper Sadeh LLC is urging shareholders to contact the firm to discuss rights — could signal potential shareholder litigation/activism risk. Halper Sadeh LLC Encourages Fastly, Inc Shareholders to Contact the Firm
• Negative Sentiment: Insider selling: CTO Artur Bergman has sold multiple blocks recently (small % of holdings), which some investors view as a negative signal even if sales appear routine. SEC Form 4 – Artur Bergman
• Negative Sentiment: Analyst caution remains: some firms trimmed targets ahead of the print (DA Davidson cut its target), a reminder valuation and execution risks still concern parts of the sell‑side. Fastly price target lowered to $9 from $11.50 at DA Davidson

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Citigroup dropped their target price on Fastly from $12.00 to $10.00 and set a “neutral” rating for the company in a research report on Friday, January 16th. Piper Sandler restated a “neutral” rating and set a $14.00 price objective (up previously from $11.00) on shares of Fastly in a report on Thursday. KeyCorp upgraded Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 target price on the stock in a research note on Monday, December 15th. Royal Bank Of Canada boosted their target price on shares of Fastly from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Thursday. Finally, Oppenheimer started coverage on shares of Fastly in a report on Monday, November 17th. They issued a “market perform” rating on the stock. Three 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.57.

Fastly Stock Up 81.1%

The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm has a market cap of $2.52 billion, a PE ratio of -17.79 and a beta of 1.03. The business’s 50-day simple moving average is $9.79 and its 200 day simple moving average is $9.01.

Insider Buying and Selling

In other news, insider Scott R. Lovett sold 42,118 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $10.10, for a total value of $425,391.80. Following the completion of the transaction, the insider directly owned 1,002,137 shares of the company’s stock, valued at approximately $10,121,583.70. The trade was a 4.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Artur Bergman sold 62,828 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $10.48, for a total value of $658,437.44. Following the sale, the chief technology officer owned 2,975,730 shares of the company’s stock, valued at $31,185,650.40. This trade represents a 2.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 706,530 shares of company stock valued at $7,298,947 in the last three months. 6.70% of the stock is currently owned by insiders.

Institutional Trading of Fastly

Hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Fastly by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 16,976,906 shares of the company’s stock worth $172,825,000 after buying an additional 310,234 shares during the last quarter. Legal & General Group Plc boosted its stake in Fastly by 3.4% in the second quarter. Legal & General Group Plc now owns 8,943,224 shares of the company’s stock valued at $63,139,000 after acquiring an additional 291,617 shares in the last quarter. Penserra Capital Management LLC purchased a new position in Fastly in the third quarter worth $61,864,000. Dimensional Fund Advisors LP increased its position in shares of Fastly by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company’s stock worth $35,380,000 after purchasing an additional 117,213 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Fastly by 7.2% during the 4th quarter. Geode Capital Management LLC now owns 3,477,675 shares of the company’s stock valued at $35,408,000 after purchasing an additional 233,184 shares during the last quarter. 79.71% of the stock is owned by hedge funds and other institutional investors.

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.