Fastly (NYSE:FSLY – Get Free Report) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $173.9380 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 4:30 PM ET.
Fastly Trading Up 3.8%
NYSE:FSLY opened at $20.80 on Wednesday. Fastly has a 52 week low of $6.29 and a 52 week high of $34.82. The firm has a 50-day moving average price of $18.65 and a two-hundred day moving average price of $19.31. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.46 and a current ratio of 1.46. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of -21.67 and a beta of 0.34.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on the company. Royal Bank Of Canada decreased their price target on Fastly to $18.00 and set a “sector perform” rating for the company in a research report on Thursday, May 7th. Canaccord Genuity Group assumed coverage on Fastly in a research note on Friday, July 17th. They set a “buy” rating and a $27.00 target price on the stock. Citigroup raised their price objective on shares of Fastly from $13.00 to $25.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Piper Sandler dropped their target price on shares of Fastly to $27.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. Finally, Freedom Capital upgraded shares of Fastly to a “strong-buy” rating in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $23.11.
Insider Activity
In other Fastly news, CFO Richard Wong sold 2,500 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $16.48, for a total value of $41,200.00. Following the sale, the chief financial officer directly owned 1,239,301 shares in the company, valued at $20,423,680.48. This represents a 0.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Scott R. Lovett sold 41,716 shares of the firm’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $17.77, for a total transaction of $741,293.32. Following the completion of the transaction, the insider directly owned 1,392,778 shares of the company’s stock, valued at approximately $24,749,665.06. The trade was a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 274,529 shares of company stock valued at $4,761,780. Corporate insiders own 4.20% of the company’s stock.
Institutional Investors Weigh In On Fastly
Large investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC boosted its position in shares of Fastly by 8.4% during the 4th quarter. Kestra Advisory Services LLC now owns 11,970 shares of the company’s stock valued at $122,000 after acquiring an additional 930 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in Fastly in the 2nd quarter worth approximately $116,000. Kemnay Advisory Services Inc. bought a new position in shares of Fastly in the 4th quarter worth $115,000. XTX Topco Ltd purchased a new stake in shares of Fastly during the 2nd quarter valued at $106,000. Finally, Parallax Volatility Advisers L.P. raised its position in shares of Fastly by 13.8% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 12,095 shares of the company’s stock valued at $103,000 after buying an additional 1,465 shares in the last quarter. Institutional investors own 79.71% of the company’s stock.
Fastly Company Profile
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.
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