Fastly, Inc. (NYSE:FSLY) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Fastly has a consensus analyst rating of “Hold” from 11 brokerages, with one sell, six hold, and four buy ratings. The average 1-year price target is about $22.63.
• Several analysts have recently turned more constructive on the stock, including KeyCorp raising its target to $27 and Raymond James and Evercore issuing outperform ratings with targets in the low-to-mid $20s.
• Fastly shares opened at $20.83, below the recent 50-day average of $23.74 but above the 200-day average of $17.08. The company also saw notable insider selling, including recent sales by its CEO/CTO, which may weigh on sentiment.

Fastly, Inc. (NYSE:FSLY - Get Free Report) has been given a consensus recommendation of "Hold" by the eleven brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $22.6250.

A number of brokerages have recently issued reports on FSLY. KeyCorp upped their price objective on shares of Fastly from $14.00 to $27.00 and gave the company an "overweight" rating in a research note on Thursday, May 7th. DA Davidson set a $13.00 price objective on shares of Fastly in a research note on Thursday, February 12th. William Blair raised shares of Fastly from a "market perform" rating to an "outperform" rating in a research note on Thursday, February 12th. Evercore began coverage on shares of Fastly in a research note on Tuesday, April 14th. They issued an "outperform" rating and a $24.00 price objective for the company. Finally, Raymond James Financial raised shares of Fastly from a "market perform" rating to an "outperform" rating and set a $23.00 price objective for the company in a research note on Friday, May 8th.

Fastly Price Performance

Shares of NYSE:FSLY opened at $20.83 on Thursday. The company's fifty day moving average price is $23.74 and its 200-day moving average price is $17.08. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of -21.70 and a beta of 0.49. Fastly has a one year low of $6.29 and a one year high of $34.82. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.46 and a quick ratio of 1.46.

Trending Headlines about Fastly

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Fastly’s recent update highlighted stronger security growth, a higher 2026 revenue guidance range, and new AI-oriented tooling, reinforcing the bull case for its edge platform. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: Analysts have remained constructive, with recent price targets from firms such as KeyBanc and Piper Sandler above the current trading range, which can help attract buyers. Fastly shares jump as AI-infrastructure optimism and recent guidance raise keep buyers engaged
• Positive Sentiment: The stock’s sharp one-year run has kept momentum investors engaged, and Fastly’s conference presentation likely helped maintain visibility around the story. Fastly, Inc. (FSLY) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: One recent article questioned whether Fastly is still attractive after its big rally, reflecting a valuation debate rather than a clear change in fundamentals. Is It Too Late To Reassess Fastly (FSLY) After Its 169% One Year Surge?
• Negative Sentiment: Recent insider selling by the CEO, CTO, and a director may create some caution, even though at least one trade was made under a pre-arranged 10b5-1 plan. Fastly NYSE: FSLY Director Christopher Paisley Sells 1,000 Shares
• Negative Sentiment: Older coverage also noted that Fastly’s strong first-quarter results did not fully calm growth concerns, which may limit upside if investors demand more proof of sustained execution. Stock Market Today, May 7: Fastly Shares Plunge After Record Q1 Results Fail to Ease Growth Concerns

Insider Buying and Selling at Fastly

In other Fastly news, insider Scott R. Lovett sold 19,622 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.96, for a total transaction of $332,789.12. Following the completion of the sale, the insider owned 1,469,413 shares of the company's stock, valued at $24,921,244.48. This represents a 1.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Artur Bergman sold 6,225 shares of the stock in a transaction on Friday, May 29th. The shares were sold at an average price of $16.96, for a total transaction of $105,576.00. Following the sale, the chief technology officer directly owned 2,046,527 shares of the company's stock, valued at $34,709,097.92. The trade was a 0.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 591,860 shares of company stock worth $12,511,360 over the last 90 days. Company insiders own 6.70% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in FSLY. Divisadero Street Capital Management LP bought a new position in shares of Fastly in the 3rd quarter worth about $21,174,000. Vanguard Group Inc. increased its stake in shares of Fastly by 3.4% in the 3rd quarter. Vanguard Group Inc. now owns 16,666,672 shares of the company's stock worth $142,500,000 after acquiring an additional 554,909 shares in the last quarter. Picton Mahoney Asset Management bought a new position in shares of Fastly in the 3rd quarter worth about $781,000. Algert Global LLC increased its stake in Fastly by 288.8% during the 3rd quarter. Algert Global LLC now owns 1,521,733 shares of the company's stock valued at $13,011,000 after purchasing an additional 1,130,293 shares in the last quarter. Finally, Penserra Capital Management LLC bought a new stake in Fastly during the 3rd quarter valued at about $61,864,000. 79.71% of the stock is currently owned by institutional investors.

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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