Fastly, Inc. Class A Stock News

It's been a wild ride for the stock market through the first five months of 2025. As of mid-February, Wall Street's major stock indexes could do no wrong, with the benchmark S&P 500 vaulting to an all-time record-closing high.

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Research: Commerce Industry Attacks Double as Bots Represent More Than One-Third of All Traffic.

Cerby to use new capital to further innovate its entire solution suite and scale operations in North America and EMEA region. Round was led by DTCP with participation from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures.

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Appoints Tara Seracka as Chief Legal Officer and Albert Thong as Chief Marketing Officer.

I'm upgrading Fastly to a neutral rating after the company showcased improving revenue growth trends. Q1 results showcased 8% y/y revenue growth, driven by improved sales processes and up from 2% in Q4. Fastly also raised its outlook for FY25, a rarity in this economy. The stock trades at a cheap ~2x forward revenue multiple.

Among the numerous tech sector winners this earnings season has been edge computing company Fastly (FSLY 26.62%). Buoyed by encouraging quarterly results and subsequent analyst price target bumps, the company's stock was up by a muscular 30% week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence.

Shares of Fastly (FSLY 23.71%), an edge-computing specialist, rose rapidly today after the company reported first-quarter sales and earnings that outpaced Wall Street's consensus estimates. A handful of analysts raised their price targets for Fastly stock as a result, boosting investor sentiment further.

Fastly, Inc. (NYSE:FSLY ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Vernon Essi - Investor Relations Todd Nightingale - Chief Executive Officer Ronald Kisling - Chief Financial Officer Conference Call Participants Param Singh - Oppenheimer Jonathan Ho - William Blair Sanjit Singh - Morgan Stanley Rishi Jaluria - RBC Capital Markets James Fish - Piper Sandler R...