Fastly (FSLY) Stock News

Oppenheimer upgraded Fastly to Outperform from Perform with a $35 target. Analyst Param Singh highlighted cross-selling of new cybersecurity products, early monetization from rising AI agent traffic, and a nearly $10 million revenue boost from the GTA VI release. Singh expects Fastly to hit the top end of Q3 revenue guidance ($184M-$190M) and raise its fiscal 2026 forecast when it reports on Nov. 4.

Oppenheimer upgraded its rating on Fastly from Perform to Outperform.

Fastly's software now runs on Comcast's edge network to improve streaming capacity and efficiency for Peacock's live sports. The model uses Comcast's 200+ AI-powered edge compute centers to bring content closer to viewers.

The SEC received filings of insider sales totaling at least $250,000 each from late Friday through early Monday. Notable sales include CrowdStrike CFO Burt Podbere selling 480,000 shares at $261.44, Fastly officer Artur Bergman selling 379,602 shares at $30.16, and Datadog officer Alexis Le-Quoc selling 43,224 shares at $252.17. Other sales include Qualcomm CEO Cristiano Amon, Natera director, and United Therapeutics chairman.