Fastly (NYSE:FSLY) Issues FY 2026 Earnings Guidance

06 May 2026, 22:06 by Teresa Graham · The Cerbat Gem

Fastly (NYSE:FSLY – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.270-0.330 for the period. The company issued revenue guidance of $710.0 million-$725.0 million. Fastly also updated its Q2 2026 guidance to 0.050-0.080 EPS.

Analysts Set New Price Targets

A number of brokerages recently commented on FSLY. Evercore began coverage on Fastly in a research report on Tuesday, April 14th. They issued an “outperform” rating and a $24.00 target price for the company. DA Davidson set a $13.00 target price on Fastly in a research report on Thursday, February 12th. Citigroup boosted their target price on Fastly from $10.00 to $13.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. Royal Bank Of Canada boosted their target price on Fastly from $12.00 to $20.00 and gave the company a “sector perform” rating in a research report on Monday, March 2nd. Finally, William Blair raised Fastly from a “market perform” rating to an “outperform” rating in a research report on Thursday, February 12th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.25.

Check Out Our Latest Stock Analysis on Fastly

Fastly Stock Down 2.4%

FSLY stock traded down $0.79 during mid-day trading on Wednesday, reaching $31.57. 16,105,832 shares of the company traded hands, compared to its average volume of 11,849,789. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of -32.89 and a beta of 0.49. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16. Fastly has a fifty-two week low of $5.84 and a fifty-two week high of $34.82. The firm’s 50 day moving average price is $25.48 and its 200 day moving average price is $15.83.

Insider Buying and Selling at Fastly

In other Fastly news, CTO Artur Bergman sold 275,234 shares of Fastly stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $20.56, for a total transaction of $5,658,811.04. Following the completion of the transaction, the chief technology officer owned 1,909,901 shares in the company, valued at approximately $39,267,564.56. The trade was a 12.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Scott R. Lovett sold 73,715 shares of Fastly stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $21.06, for a total value of $1,552,437.90. Following the transaction, the insider owned 1,580,513 shares of the company’s stock, valued at $33,285,603.78. This trade represents a 4.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,374,553 shares of company stock worth $28,180,823. Insiders own 6.70% of the company’s stock.

Key Stories Impacting Fastly

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Record Q1 results: Fastly reported record revenue, gross margin and remaining performance obligations, and highlighted 47% year‑over‑year security revenue growth — a key growth driver investors liked. Fastly Announces Record First Quarter 2026 Financial Results
Positive Sentiment: Raised guidance: Fastly updated Q2 EPS guidance to $0.05–$0.08 (well above the ~$0.01 consensus) and set FY‑2026 EPS of $0.27–$0.33, signaling improving profitability that supports re-rating. (Guidance included in the company’s Q1 materials.) Fastly (FSLY) Q1 2026 Earnings Transcript
Positive Sentiment: Pre-earnings enthusiasm and options buying: Fastly shares jumped into the print as investors bet on an AI/edge-infrastructure lift; unusually heavy call buying amplified the run-up ahead of results. Fastly (FSLY) Climbs 17.7%, Investors Upbeat on Earnings
Neutral Sentiment: Detail checks vs. estimates: Analysts are parsing headline results vs. Street models (revenue, margins, subscription metrics) to see whether beats are durable; readouts compare key metrics to expectations. Compared to Estimates, Fastly (FSLY) Q1 Earnings: A Look at Key Metrics
Neutral Sentiment: Investor materials filed: The company furnished the press release, financial tables and an investor presentation in an 8‑K — useful for modeling but not market-moving by itself. Fastly (FSLY) Q1 2026 Earnings Transcript
Negative Sentiment: Question about sustainability and valuation: Some coverage flags “AI‑fueled” optimism and asks whether the security/AI tailwinds will translate into consistent margin expansion — leaving the stock vulnerable to profit-taking after a fast rally. Is Fastly’s (FSLY) AI-Fueled Earnings Hype Redefining Its Path to Sustainable Profitability?

Hedge Funds Weigh In On Fastly

Hedge funds have recently added to or reduced their stakes in the stock. Align Financial LLC acquired a new position in Fastly during the 4th quarter valued at about $41,000. Quarry LP purchased a new position in shares of Fastly in the 3rd quarter worth approximately $49,000. Geneos Wealth Management Inc. purchased a new position in shares of Fastly in the 1st quarter worth approximately $52,000. C M Bidwell & Associates Ltd. purchased a new position in shares of Fastly in the 4th quarter worth approximately $54,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Fastly in the 1st quarter worth approximately $78,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

About Fastly

(Get Free Report)

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.