Fastly (NYSE:FSLY) Reaches New 12-Month High – Still a Buy?

Shares of Fastly, Inc. (NYSE:FSLY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $13.13 and last traded at $15.2430, with a volume of 4440063 shares trading hands. The stock had previously closed at $9.31.

Fastly News Summary

Here are the key news stories impacting Fastly this week:

• Positive Sentiment: Record Q4 and full‑year results, first profitable year on a non‑GAAP basis and stronger than expected guidance—primary catalyst for the rally. Fastly Delivers Record Q4 2025 Results, Achieves Profitability
• Positive Sentiment: Investor/analyst narratives highlight Fastly as an “agentic AI” play — expected sustained traffic and revenue tailwinds from AI workloads support higher growth expectations. The Agentic AI Revolution: Fastly’s Moment
• Positive Sentiment: Unusually large options activity (nearly 100k call contracts) and heavy share volume likely amplified the move and may reflect speculative/short‑covering flows supporting the rally.
• Neutral Sentiment: Detailed earnings call and slide deck available for those who want to drill into margin drivers, product mix (in‑line/edge products) and the assumptions behind guidance. Fastly Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Round‑up coverage explains the move and positioning—useful for sentiment/read‑through but not new company data. Why is Fastly (FSLY) stock rocketing higher today?
• Negative Sentiment: Regulatory/contest risk: multiple law‑firm “investigations” / investor alerts were filed after the print—could create headline risk or shareholder litigation. Morris Kandinov LLP Investor Alert Halper Sadeh LLC Notice
• Negative Sentiment: Insider selling: CTO sold blocks of shares in recent weeks (SEC Form 4 disclosure), which some investors may view as a negative signal despite his remaining large stake. SEC Form 4 – Artur Bergman
• Negative Sentiment: Some sell‑side caution remains (DA Davidson trimmed its target), underscoring remaining valuation and execution risks despite the strong quarter. Fastly price target lowered to $9 at DA Davidson

Wall Street Analysts Forecast Growth

FSLY has been the subject of several recent analyst reports. DA Davidson set a $13.00 price target on Fastly in a research note on Thursday. Citigroup lifted their price objective on Fastly from $10.00 to $13.00 and gave the stock a “neutral” rating in a report on Friday. William Blair raised Fastly from a “market perform” rating to an “outperform” rating in a research report on Thursday. Royal Bank Of Canada upped their target price on shares of Fastly from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Thursday. Finally, Wall Street Zen upgraded shares of Fastly from a “hold” rating to a “buy” rating in a research note on Saturday, November 15th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.00.

Fastly Trading Up 13.8%

The stock has a 50 day simple moving average of $10.03 and a 200-day simple moving average of $9.14. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm has a market capitalization of $2.73 billion, a P/E ratio of -19.02 and a beta of 1.03.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Fastly

Large investors have recently made changes to their positions in the business. Byrne Asset Management LLC purchased a new stake in shares of Fastly during the third quarter worth about $43,000. Quarry LP purchased a new position in Fastly in the 3rd quarter worth approximately $49,000. Geneos Wealth Management Inc. bought a new position in Fastly in the 1st quarter worth approximately $52,000. C M Bidwell & Associates Ltd. purchased a new stake in Fastly during the 4th quarter valued at approximately $54,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Fastly during the third quarter valued at approximately $56,000. 79.71% of the stock is currently owned by hedge funds and other 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.