Fastly, Inc. Class A Common Stock
FSLYFastly, Inc. is a cloud computing services company specializing in content delivery network (CDN) solutions, edge computing, and security services. Founded in 2011, it provides businesses with tools to deliver rapid, secure, and scalable digital content and applications by leveraging its global edge cloud platform. Fastly's technology enables real-time data processing and helps improve website performance, security, and reliability.
Company News
AppLovin demonstrates significantly stronger revenue growth than Fastly, with Q1 2026 revenue reaching $1.8 billion (59% YoY growth) compared to Fastly's $173 million (20% YoY growth). AppLovin trades at a premium valuation (P/S ratio of 28) while Fastly trades at a lower multiple (P/S ratio of 4), though Fastly achieved record gross margins of 6...
Fastly President of Go to Market Scott R. Lovett sold 41,716 shares worth approximately $741,000 on June 17, 2026. The sale was part of a pre-arranged Rule 10b5-1 trading plan and represented only 2.91% of his holdings, leaving him with over 1.3 million shares. Analysts note this is not a red flag as Lovett maintains substantial equity in the com...
Fastly stock plunged 38.23% to $19.50 despite posting record Q1 results with 20% sales growth and raised 2026 guidance. The sell-off was driven by concerns about slowing core networking services growth (11% vs. market expectations), though the company's Security and Compute segments showed strong growth of 67% and 47% respectively. The stock trad...
U.S. tech stocks reached record highs on May 7, 2026, as crude oil tumbled nearly 3% on hopes Iran will accept a U.S. memorandum to reopen the Strait of Hormuz. The Nasdaq 100 gained 0.4% to 28,706 while the S&P 500 rose 0.2% to 7,376. Earnings drove significant stock-specific moves, with major winners including AAON (+36%), Datadog (+30%), and H...
Fastly stock dropped 14% on Tuesday following conflicting analyst reports. Craig-Hallum downgraded the stock to 'hold' citing fair valuation and soaring hardware costs, while Evercore initiated coverage at 'outperform' highlighting strong AI edge computing demand. Investors favored the bearish outlook despite Fastly's 345% gain over the past year.
