Archived explainer. For the current picture see today's FSLY page.
FASTLY INC A (FSLY) is up +17.07% in the latest session. Our newswire has captured 1 story on FSLY across 1 source in the last 36 hours, with AI sentiment reading bullish (avg 73/100).
FASTLY INC A (FSLY) surged 17.07% to $26.88 in morning trading on Monday, driven by the company's second-quarter earnings report which highlighted record revenue and improved profitability. The stock opened at $22.88 and reached an intraday high of $27.08 at 10:35 AM ET. The rally came as Fastly raised its full-year 2026 revenue outlook and demonstrated stronger customer adoption of its network, security, and Compute products.
The company reported record second-quarter revenue with a 20.4% year-over-the-year increase in trailing twelve-month revenue. Despite remaining unprofitable with an EPS of -0.53 for the trailing twelve months, Fastly showed improved profitability and raised its full-year revenue guidance. The stock's sharp rise reflects investor optimism about the company’s growth trajectory and product expansion. Coverage of the earnings call and revised guidance has been limited to a single story from one source in the last 36 hours.
FSLY opened at $22.88 and traded as low as $22.42 shortly after the market opened. The stock has traded in a 52-week range of $6.70 to $34.82, with a current market cap of $3.6 billion. Trading volume has reached 3.0 million shares, which is 0.3 times the 3-month daily average. Recent analyst activity includes RBC Capital and Piper Sandler raising their price targets to $28, while Keybanc raised its target to $30. Over the past 90 days, insiders have sold a total of $3.3 million worth of shares, with no insider purchases recorded.
Investors should monitor Fastly’s upcoming earnings reports for further confirmation of its growth trajectory. The company’s ability to maintain profitability and expand its product offerings will be key factors in determining the stock’s longer-term direction.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Fastly (NYSE:FSLY) reported record second-quarter revenue and improved profitability as customers expanded their use of its network, security and Compute products. The company also raised its full-year 2026 revenue and operating-profit outlook. Revenue for the second quarter rose 23% year over year
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Earlier FSLY move explainers: 2026-08-10 · 2026-07-17