Fastly (NYSE:FSLY) Releases Q1 2026 Earnings Guidance

Posted by Chris Copeland on Feb 12th, 2026

Fastly (NYSE:FSLY – Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.070-0.100 for the period, compared to the consensus earnings per share estimate of -0.030. The company issued revenue guidance of $168.0 million-$174.0 million, compared to the consensus revenue estimate of $161.4 million. Fastly also updated its FY 2026 guidance to 0.230-0.290 EPS.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FSLY shares. William Blair upgraded Fastly from a “market perform” rating to an “outperform” rating in a report on Thursday. Citigroup cut their price objective on Fastly from $12.00 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, January 16th. KeyCorp upgraded Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 target price for the company in a research report on Monday, December 15th. Wall Street Zen raised shares of Fastly from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Finally, Piper Sandler reaffirmed a “neutral” rating and issued a $14.00 price target (up previously from $11.00) on shares of Fastly in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $10.71.

Read Our Latest Report on FSLY

Fastly Stock Up 62.4%

Shares of FSLY stock traded up $5.81 on Thursday, hitting $15.12. The stock had a trading volume of 36,644,340 shares, compared to its average volume of 4,903,654. Fastly has a one year low of $4.65 and a one year high of $15.65. The business has a 50 day moving average price of $9.79 and a 200 day moving average price of $9.01. The company has a market cap of $2.26 billion, a PE ratio of -15.84 and a beta of 1.03. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.16.

Insider Activity

In other news, CTO Artur Bergman sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $8.84, for a total value of $176,800.00. Following the completion of the sale, the chief technology officer owned 2,540,214 shares of the company’s stock, valued at approximately $22,455,491.76. This represents a 0.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Lacey Compton III sold 4,638 shares of Fastly stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $8.81, for a total transaction of $40,860.78. Following the transaction, the chief executive officer directly owned 612,232 shares in the company, valued at approximately $5,393,763.92. The trade was a 0.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 706,530 shares of company stock valued at $7,298,947. Company insiders own 6.70% of the company’s stock.

Key Headlines Impacting Fastly

Here are the key news stories impacting Fastly this week:

Positive Sentiment: Management issued upbeat FY2026 guidance — EPS of $0.23–$0.29 (consensus -$0.17) and revenue $700M–$720M (consensus ~$646M), signaling a stronger profitability and revenue trajectory than expected. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Management gave stronger Q1 2026 guidance — EPS $0.07–$0.10 (consensus -$0.03) and revenue $168M–$174M (consensus ~$161M), reducing near-term execution risk and supporting a re-rating. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Company reported record Q4 and full‑year revenue, gross margin and operating profit — the quarter beat expectations and is the core catalyst behind the stock strength. Fastly Announces Both Record Fourth Quarter and Full Year 2025 Financial Results
Positive Sentiment: Street commentary positions Fastly as an “underrated AI play,” with analysts pointing to LLM-driven traffic and edge compute demand as secular support for revenue/usage growth. Fastly Stock Soars 34% After Earnings. Why It’s an Underrated AI Play.
Neutral Sentiment: Post‑earnings writeups and the full call transcript are available — investors should review management commentary on margin drivers, in‑line product revenue trends and assumptions behind the guidance. Fastly, Inc. (FSLY) Q4 2025 Earnings Call Transcript
Neutral Sentiment: Broader market context: U.S. futures were firmer following the jobs report, providing a supportive tape for technology names on the day. Stock Market Today: Dow Jones, S&P 500 Futures Gain After Strong Job Report—Micron, Novocure, Fastly In Focus
Negative Sentiment: Some analysts remain cautious — DA Davidson trimmed its target to $9 (from $11.50) before the print, reflecting lingering concerns on valuation and execution cadence despite the beat. Fastly price target lowered to $9 from $11.50 at DA Davidson
Negative Sentiment: Insider selling: CTO Artur Bergman sold 20,000 shares on Feb. 9 (part of a series of recent sales). It’s a modest ownership reduction but worth noting for investor optics. SEC Form 4 – Artur Bergman

Hedge Funds Weigh In On Fastly

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its position in shares of Fastly by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 4,137,808 shares of the company’s stock valued at $35,380,000 after buying an additional 117,213 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Fastly by 7.2% during the 4th quarter. Geode Capital Management LLC now owns 3,477,675 shares of the company’s stock worth $35,408,000 after acquiring an additional 233,184 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Fastly by 7.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock valued at $14,573,000 after acquiring an additional 165,937 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Fastly by 3.7% in the third quarter. CANADA LIFE ASSURANCE Co now owns 1,928,436 shares of the company’s stock valued at $16,719,000 after acquiring an additional 69,290 shares in the last quarter. Finally, Balyasny Asset Management L.P. boosted its stake in Fastly by 3,941.1% in the second quarter. Balyasny Asset Management L.P. now owns 1,329,006 shares of the company’s stock valued at $9,383,000 after acquiring an additional 1,296,119 shares in the last quarter. Hedge funds and other institutional investors 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.