What is KeyCorp’s Estimate for Fastly FY2026 Earnings?

Fastly, Inc. (NASDAQ:FSLY) – Research analysts at KeyCorp issued their FY2026 earnings estimates for shares of Fastly in a note issued to investors on Wednesday, November 4th. KeyCorp analyst J. Ader expects that the company will post earnings per share of ($0.24) for the year. KeyCorp currently has an “Overweight” rating and a $30.00 price target on the stock. The consensus estimate for Fastly’s current full-year earnings is ($0.28) per share. KeyCorp also issued estimates for Fastly’s Q4 2026 earnings at ($0.04) EPS and FY2027 earnings at ($0.22) EPS.

Other equities analysts also recently issued research reports about the company. Oppenheimer raised Fastly from a “market perform” rating to an “outperform” rating and set a $35.00 target price on the stock in a research report on Friday, October 9th. Raymond James Financial reiterated an “outperform” rating and set a $24.00 price objective on shares of Fastly in a research report on Thursday, November 5th. Piper Sandler reissued a “neutral” rating and issued a $24.00 target price (down from $28.00) on shares of Fastly in a research note on Thursday, November 5th. Freedom Broker dropped their price target on shares of Fastly from $37.00 to $35.00 and set a “buy” rating for the company in a research note on Monday. Finally, DA Davidson upped their price target on shares of Fastly from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $26.00.

Fastly Stock Down 0.4%

NASDAQ:FSLY opened at $17.19 on Friday. Fastly has a 1 year low of $7.87 and a 1 year high of $34.82. The business has a 50 day simple moving average of $23.56 and a 200-day simple moving average of $21.67. The company has a quick ratio of 3.07, a current ratio of 3.07 and a debt-to-equity ratio of 0.32.

Fastly (NASDAQ:FSLY) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.05. Fastly had a negative return on equity of 4.53% and a negative net margin of 8.74%. The company had revenue of $190.19 million for the quarter, compared to analysts’ expectations of $187.82 million.

Insiders Place Their Bets

In other news, CEO Charles Compton, III sold 8,941 shares of the company’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $24.98, for a total value of $223,346.18. Following the transaction, the chief executive officer directly owned 822,559 shares in the company, valued at approximately $20,547,523.82. This represents a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Artur Bergman sold 37,039 shares of the firm’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $25.48, for a total transaction of $943,753.72. Following the completion of the transaction, the chief technology officer directly owned 1,024,239 shares in the company, valued at $26,097,609.72. This represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,323,893 shares of company stock valued at $35,452,889 over the last three months. Insiders own 4.20% of the company’s stock.

Institutional Trading of Fastly

A number of large investors have recently modified their holdings of the company. Advisors Asset Management Inc. bought a new position in Fastly during the 3rd quarter worth about $470,000. Private Advisor Group LLC purchased a new position in Fastly during the 3rd quarter valued at about $224,000. Ieq Capital LLC bought a new stake in shares of Fastly in the 3rd quarter valued at about $208,000. Proem Advisors LLC bought a new stake in shares of Fastly in the 3rd quarter valued at about $3,337,000. Finally, Voya Investment Management LLC lifted its position in shares of Fastly by 126.0% in the 3rd quarter. Voya Investment Management LLC now owns 5,509,813 shares of the company’s stock worth $141,437,000 after purchasing an additional 3,071,858 shares during the period. Hedge funds and other institutional investors own 79.71% of the company’s stock.

Fastly News Roundup

Investors following FSLY have been watching these news items:

• Positive Sentiment: KeyCorp maintains an Overweight rating and a $30 price target. Its 2027 quarterly estimates imply improving results over the year, from a projected $0.07 loss per share in Q1 to a $0.04 loss in Q4.
• Negative Sentiment: Fastly reportedly remains down about 40% over the past month despite beating estimates and raising guidance. The article points to customer concentration as a key concern behind the sharp market reaction, contributing to uncertainty about whether shares can recover. Fastly Is Still Down 40% in the Past Month: Can FSLY Stock Get Back to $30?
• Negative Sentiment: Freedom Broker cut its price target on Fastly, adding to pressure on investor sentiment. Fastly Stock Price Target Cut by Freedom Broker

Fastly Company Profile

Fastly, Inc. provides an edge cloud platform that helps businesses deliver and secure websites, applications, and digital content. Its services include content delivery, web application and API protection, DDoS mitigation, bot management, and tools for monitoring and analyzing internet traffic. The company also offers edge computing through Fastly Compute, which lets developers run code closer to users. Fastly’s platform is designed to help organizations improve the speed, reliability, and security of online services, and it serves customers across multiple industries and geographies.