5h agoThe FlyBULLISH 63General
Archived explainer. For the current picture see today's FSLY page.
Why Is FASTLY INC A (FSLY) Stock Up Today?
By the Top Tier Newswire AI Desk · October 9, 2026 at 11:04 AM ET · reviewed against 10 wire stories
FASTLY INC A (FSLY) is up +13.35% in the latest session. Our newswire has captured 10 stories on FSLY across 7 sources in the last 36 hours, with AI sentiment reading bullish (avg 60/100).
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Fastly Inc (FSLY) shares climbed 13.35% to $28.67 on Friday, driven primarily by an upgrade from Oppenheimer. The firm raised its rating to Outperform with a $35 price target, citing AI traffic monetization and security cross-sell opportunities.
What Happened
Oppenheimer initiated coverage of the stock with a positive outlook, highlighting solid industry checks and the potential for agentic AI to drive growth. The upgrade was a significant catalyst, as the firm noted that Fastly’s security offerings and ability to monetize AI traffic are key growth drivers. This move followed a period of increased analyst attention, with the stock already showing momentum over the previous week.
The company also announced its third-quarter 2026 earnings date, scheduled for November 4, 2026. Results will be released after market close, followed by an investor conference call at 4:30 p.m. ET. This upcoming date provides a near-term focal point for investors assessing the company’s progress against the new analyst expectations.
What The Data Shows
Intraday trading showed a strong start, with the stock opening at $26.66, a 5.4% gap up from the prior close of $25.29. The session high reached $28.78 at 11:00 AM ET, while the low was $26.54 at 9:40 AM ET. Volume stood at 4.2 million shares, which was 0.7 times the three-month daily average. Over the last eight sessions, the stock has gained 7.4%, moving from $26.66 to $28.63.
Fundamentals indicate a market cap of $4.0 billion. The company remains unprofitable with a trailing twelve-month EPS of -$0.53 and a net margin of -11.8%, though revenue has grown 20.4% year-over-year. The stock’s 52-week range spans $7.74 to $34.82. Recent insider activity shows 29 sells totaling $33.9 million over the last 90 days, with no buys recorded. The most recent sale was filed on September 30, 2026.
What To Watch
Investors will look to the third-quarter 2026 earnings release on November 4, 2026, for updates on revenue growth and margin improvements. The market will also monitor how the stock reacts to the new $35 price target and whether the recent insider selling activity influences near-term sentiment.
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.
FSLY by the numbers
Last: $28.67Session: +13.35%7 sessions: +7.37%Coverage: 10 stories / 7 sourcesAI sentiment: 60/100 (bullish)Mkt cap: $4.0B52w: $7.74 to $34.82
The headlines behind the move
7h agoInvesting.com Analyst RatingsBULLISH 64Analyst
Oppenheimer upgrades Fastly stock rating on security growth
Oppenheimer upgrades Fastly stock rating on security growth
8h agoSeeking AlphaBULLISH 64Analyst
Fastly pops on back of Oppenheimer upgrade
Fastly (FSLY) jumps on Oppenheimer upgrade: $35 target, AI traffic monetization and security cross-sell driving growth.
8h ago24/7 Wall St.BULLISH 55Analyst
Here Are Friday’s Top Wall Street Analyst Research Calls: American Express, Archer Aviation, Fastly, Jack Henry & Associates, Joby Aviation, Lockheed Martin, Palantir, Rocket Lab, SpaceX and More
Pre-Market Stock Futures: Futures are trading higher this morning after another day of back-and-forth trading across Wall Street, driven by the same two elements: interest rates and energy prices. Another big fly hit the ointment on Thursday: OpenAI posted disappointing revenue figures, and technology was hit hard, especially AI stocks, which are rebounding early Friday. […]
8h agoInvesting.com MarketsBULLISH 63General
Why is Fastly stock rallying today?
Why is Fastly stock rallying today?
8h agoInvesting.com MarketsBULLISH 67Analyst
Oppenheimer upgrades Fastly to Outperform with $35 target on AI traffic
Oppenheimer upgrades Fastly to Outperform with $35 target on AI traffic
9h agoMarketChameleonNEUTRAL 50General
Fastly sets Nov. 4, 2026 earnings date, putting focus on Q3 updates at 4:30 p.m. ET October 9, 2026
Fastly (FSLY) said it will release third-quarter 2026 financial results after market close on Wednesday, Nov. 4, 2026, followed by a 4:30 p.m. ET investor conference call. The announcement also outlines how to access the call and webcast replay, while reiterating Fastly’s positioning around edge compute, delivery, security, and observability.
10h agoThe FlyBULLISH 64Analyst
Oppenheimer upgrades Fastly on solid industry checks, agentic AI opportunity
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More on FSLY: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier FSLY move explainers: 2026-10-09 · 2026-09-25 · 2026-09-24 · 2026-09-23 · 2026-09-22 · 2026-09-21 · 2026-09-18 · 2026-09-09 · 2026-09-02 · 2026-09-01 · 2026-08-25 · 2026-08-24 · 2026-08-20 · 2026-08-19 · 2026-07-17