Fastly, Inc. (FSLY) Stock Price & Analysis
Fastly, Inc. (FSLY) closed at USD 27.03 on Wednesday, October 28, 2026, down 1.24% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 27.37; the Oct 28, 2026 session ranged USD 26.53–28.14 on volume of 3,314,411 shares. Market capitalization is $4.31B, with a 52-week range of USD 7.87–34.82 (NMS). Source: Nexqual, retrieved October 29, 2026 at 06:06 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FSLY.md
Key facts (FSLY)
- Last four reported quarters (through Jun 30, 2026): revenue $687M, net income -$81.1M (-11.8% margin), free cash flow $50.7M (SEC filings).
- Analysts: Hold (mean 2.58 on a 1–5 scale) (12 analysts), mean target USD 28.55 (range 22–37).
- Total return with dividends: 1Y +237.0% vs S&P 500 +13.6%; 5Y -46.6% vs S&P 500 +79.8%.
- Next earnings: 2026-11-04, EPS estimate USD 0.12, revenue estimate $188M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FSLY)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $354M | $433M | $506M | $544M | $624M | $687M |
| Gross profit | $187M | $210M | $266M | $296M | $356M | — |
| Operating income | -$219M | -$246M | -$198M | -$168M | -$119M | -$82.2M |
| Net income | -$223M | -$191M | -$133M | -$158M | -$122M | -$81.1M |
| EPS (diluted) | -$1.92 | -$1.57 | -$1.03 | -$1.14 | -$0.83 | — |
| Free cash flow | -$73.3M | -$89.6M | -$10.6M | $6.1M | $65.8M | $50.7M |
| Gross margin | 52.9% | 48.5% | 52.6% | 54.4% | 57.1% | — |
| Operating margin | -61.8% | -56.9% | -39.1% | -30.9% | -19.1% | -12.0% |
| Net margin | -62.9% | -44.1% | -26.3% | -29.1% | -19.5% | -11.8% |
| Revenue growth | +21.8% | +22.1% | +16.9% | +7.4% | +14.8% | — |
| Cash + short-term investments | $528M | $518M | $323M | $296M | $362M | — |
| Total debt | $933M | $705M | $344M | $338M | $362M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FSLY)
P/S 6.3x · EV/Sales 6.3x · P/FCF 85.0x · P/B 4.3x · FCF yield 1.18% · Earnings yield -1.88% · Net cash $13.5M · EV $4.29B
Analysts (FSLY)
Consensus Hold (mean 2.58 on a 1–5 scale), 12 analysts; mean target USD 28.55 (low 22, high 37).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Oppenheimer | Upgrade | Perform → Outperform | $35 |
| 2026-09-24 | DA Davidson | Maintained | Neutral | $23 |
| 2026-09-23 | Freedom Broker | Target raised | Buy | $32 → $37 |
| 2026-09-23 | DA Davidson | Target raised | Neutral | $21 → $23 |
| 2026-09-23 | B of A Securities | Target raised | Underperform | $20 → $22 |
| 2026-08-06 | RBC Capital | Target raised | Sector Perform | $22 → $28 |
| 2026-08-06 | Piper Sandler | Target raised | Neutral | $27 → $28 |
| 2026-08-06 | Keybanc | Target raised | Overweight | $27 → $30 |
| 2026-07-17 | Freedom Broker | Initiated | Buy | $27 |
| 2026-07-17 | Canaccord Genuity | Initiated | Buy | $27 |
Total return (dividends reinvested) (FSLY)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +237.0% | -46.6% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +238.4% | -11.8% |
| Volatility (annualized) | 118.4% | 88.6% |
| Max drawdown | -51.6% (Apr 2026→Jun 2026) | -89.8% (Oct 2021→Mar 2025) |
FSLY earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.15 | $0.07 | Beat +114.3% | — |
| — | Quarter ended Mar 31, 2026 | $0.13 | $0.09 | Beat +44.4% | — |
| — | Quarter ended Dec 31, 2025 | $0.12 | $0.06 | Beat +100.0% | — |
| — | Quarter ended Sep 30, 2025 | $0.07 | $0.00 | Beat +$0.07 | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
FSLY recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Aug 17, 2026 | 8-K | Entered a material agreement; New debt or off-balance-sheet obligation “On August 17, 2026, Fastly, Inc. (the "Company") entered into a Fourth Amendment to Credit Agreement (the "Fourth Amendment") to its Credit Agreement dated as of February 16, 2021, among the Company, as borrower, the lenders from time to time party thereto, and Silicon Valley Bank, a division of First-Citizens Bank & Trust Company (the "Agent"), as administrative agent, issuing lender, and swingline lender (as amended, restated, supplemented, or modified prior to the Fourth Amendment, the "Credit Agreement" and as…” |
| Aug 14, 2026 | Schedule 13G/A | Legal & General Group Plc, Legal & General Investment Management Ltd: 2.8% of shares, passive 5%+ holder (amended) |
| Aug 12, 2026 | Schedule 13G | Capital World Investors: 5.3% of shares, passive 5%+ holder |
| Aug 6, 2026 | Schedule 13G/A | FMR LLC, Abigail P. Johnson: 7.7% of shares, passive 5%+ holder (amended) |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 5, 2026 | 8-K | Quarterly results; Regulation FD disclosure |
| Jul 30, 2026 | Schedule 13G/A | BlackRock, Inc.: 8.9% of shares, passive 5%+ holder (amended) |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
FSLY revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Network Services | $133.9M | 73.0% | +16.6% |
| Security | $41.7M | 22.8% | +42.6% |
| Other | $7.7M | 4.2% | +68.6% |
| Total revenue | $183.3M | 100% | — |
FSLY revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $128.7M | 70.2% | +14.2% |
| All other countries | $54.6M | 29.8% | +51.8% |
| Total revenue | $183.3M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
FSLY suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Microsoft (MSFT) | “We rely on third-party services such as Amazon Web Services (AWS), Google Cloud Platform (GCP), Microsoft (Azure), and other cloud providers such as object storage providers, that facilitate our platform.” |
| Customer | Amazon (AMZN) | “DevOps-friendly: We make it easy for customers to integrate Fastly into their DevOps workflows through rich APIs and support for platforms like Terraform, Amazon S3, and Google Cloud Storage.” |
| Customer | Alphabet (Google) (GOOGL) | “DevOps-friendly: We make it easy for customers to integrate Fastly into their DevOps workflows through rich APIs and support for platforms like Terraform, Amazon S3, and Google Cloud Storage.” |
| Customer | ByteDance | “TikTok was one of our largest customers for the year ended December 31, 2025 and remains a customer of ours.” |
Quoted from the company's 10-K filed Feb 25, 2026.
FSLY customer concentration
In the period ended Jun 30, 2026, a single direct customer accounted for 11% of revenue, per the company's 10-Q filed Aug 5, 2026. The company does not name it.
FSLY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.12 | $0.06 | +114.1% | $187.8M | 12 |
| Next quarter (ends Dec 2026) | $0.13 | $0.07 | +71.6% | $196.9M | 12 |
| Current fiscal year (ends Dec 2026) | $0.53 | $0.33 | +61.1% | $741.0M | 12 |
| Next fiscal year (ends Dec 2027) | $0.64 | $0.40 | +62.2% | $855.2M | 12 |
Key Statistics (as of October 29, 2026 at 06:06 UTC)
| Price | USD 27.03 |
|---|---|
| Change | ▼ 1.24% (down) |
| Previous Close | USD 27.37 |
| Open | USD 27.31 |
| Day Range | USD 26.53 – 28.14 |
| 52-Week Range | USD 7.87 – 34.82 |
| Volume | 3,314,411 shares |
| Market Cap | $4.31B |
| Exchange | NMS |
Technical Analysis (FSLY)
Nexqual's technical model rates FSLY "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 29, 2026 at 06:06 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 57.23 (neutral) |
| vs SMA50 | Above (USD 24.42) |
| MACD | 0.16 (positive) |
Analyst Ratings (FSLY)
Wall Street analysts rate FSLY "Hold" based on 12 analysts, with a mean price target of USD 28.55 (range USD 22–37), per Nexqual as of October 29, 2026 at 06:06 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 12 |
| Mean Target | USD 28.55 |
| High Target | USD 37 |
| Low Target | USD 22 |
| Buy / Hold / Sell | 6 / 5 / 1 |
Earnings (FSLY)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.12 |
| Revenue Estimate | $187.80M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.15 vs est 0.07 ▲ beat |
| 2026-03-31 | USD 0.13 vs est 0.09 ▲ beat |
| 2025-12-31 | USD 0.12 vs est 0.06 ▲ beat |
| 2025-09-30 | USD 0.07 vs est 0 ▲ beat |
Source: Nexqual, October 29, 2026 at 06:06 UTC.
Financials & Fundamentals (FSLY)
| Total Revenue | $687.17M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +23.30% |
| Gross Margin | +61.47% |
| Operating Margin | -7.87% |
| Profit Margin | -11.80% |
| ROE | -8.39% |
| Debt / Equity | 0.4 |
| Current Ratio | 3.36 |
| Total Cash | $337.50M |
| Total Debt | $398.29M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $50.68M (7.4% of revenue) |
Source: Nexqual, October 29, 2026 at 06:06 UTC.
Financial Health Score (FSLY)
Nexqual rates Fastly, Inc.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 06:06 UTC.
| Growth | Solid — Revenue +15% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 61%, operating -12% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $337M cash and investments vs $324M debt (Jun 2026, SEC), net cash |
| Cash Flow | Solid — FCF $51M (last 4 quarters to Jun 2026, SEC), 7% margin |
| Efficiency | Critical — ROE -8%, ROA -5.4% (last 4 quarters, SEC) |
Ownership (FSLY)
| Insider Ownership | +4.53% |
|---|---|
| Institutional Ownership | +95.20% |
| Shares Outstanding | 159.30M |
| Float | 152.47M |
| Short % of Float | +15.02% |
Source: Nexqual, October 29, 2026 at 06:06 UTC.
Leadership (FSLY)
Fastly, Inc. is led by Charles Compton, CEO & Director, per Nexqual as of October 29, 2026 at 06:06 UTC.
| CEO & Director | Charles Compton |
|---|---|
| Founder, CTO & Director | Artur Bergman |
| Chief Financial Officer | Richard H. Wong |
| President of Go to Market | Scott R. Lovett |
| Chief Marketing Officer | Joan Jenkins |
Major Backers & Investors (FSLY)
Notable institutional backers of Fastly, Inc. include FMR, LLC, SmallCap World Fund Inc, Capital Group, according to Nexqual as of October 29, 2026 at 06:06 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 7.96% |
| SmallCap World Fund Inc | 5.65% |
| Capital Group | 5.51% |
| First Trust Advisors LP | 5.14% |
| Shaw D.E. & Co., Inc. | 4.43% |
| Two Sigma Investments, LP | 4.06% |
| Fidelity | 3.92% |
| Penserra Capital Management LLC | 3.09% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 10.8% |
| BlackRock | 10.19% |
Source: Nexqual, October 29, 2026 at 06:06 UTC.
From Fastly, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Our platform represents the convergence of the Content Delivery Network ("CDN") with functionality that has traditionally been delivered by hardware-centric appliances such as Application Delivery Controllers ("ADC"), Web Application Firewalls ("WAF"), API Management, Bot Detection, Distributed Denial of Service ("DDoS"), Web Application and API Protection ("WAAP"), and infrastructure protection.
- When unexpected volumetric events occur, our proprietary Adaptive Threat Engine leverages advanced, automated pattern analysis—including machine-learning–style behavior modeling—to determine legitimacy.
- Organizations of all sizes, including Fortune 500 companies that run 24/7 operations, leverage our edge cloud platform for a diverse range of critical functions that benefit from processing at the edge, including enhancing user experience, scaling agentic AI workloads, and powering core commerce capabilities to drive conversion and customer success.
- DevOps-friendly: We make it easy for customers to integrate Fastly into their DevOps workflows through rich APIs and support for platforms like Terraform, Amazon S3, and Google Cloud Storage.
Legal & Regulatory Risks (Item 1A, quoted)
- We are, and may in the future be, involved in class-action lawsuits and other litigation matters that are expensive and time-consuming. If resolved adversely, lawsuits and other litigation matters could seriously harm our business.
- Failure to comply with United States and foreign governmental laws and regulations could harm our business.
- We may at times fail (or be perceived to have failed) in our efforts to comply with our privacy and data security obligations or other laws and regulations with respect to the Internet. Moreover, despite our efforts, our personnel or third parties on whom we rely may fail to comply with such obligations, which could negatively impact our business operations.
- Regulatory and legislative developments on the development and deployment of AI technologies could adversely affect our use of such technologies in our business operations or our products and services.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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| TTAN | ServiceTitan, Inc. | USD 80.86 | ▼ 0.93% |
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 06:06 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt