Fastly's Upgrade: Fastly (FSLY) has received a Zacks Rank #2 (Buy) upgrade, indicating a positive outlook on its earnings estimates, which could lead to increased stock prices.
Earnings Estimate Revisions: The Zacks rating system, which correlates earnings estimate revisions with stock price movements, suggests that Fastly's rising earnings estimates reflect an improvement in its underlying business.
Zacks Rank System: The Zacks Rank system classifies stocks based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating potential for market-beating returns.
Future Earnings Projections: For the fiscal year ending December 2025, Fastly is expected to earn -$0.01 per share, with analysts raising their estimates by 2.7% over the past three months, signaling investor confidence.
Wall Street analysts forecast FSLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSLY is 11.70 USD with a low forecast of 10.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast FSLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSLY is 11.70 USD with a low forecast of 10.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
7 Hold
1 Sell
Hold
Current: 9.380
Low
10.00
Averages
11.70
High
14.00
Current: 9.380
Low
10.00
Averages
11.70
High
14.00
Citi
Fatima Boolani
Neutral
downgrade
$12 -> $10
2026-01-16
Reason
Citi
Fatima Boolani
Price Target
$12 -> $10
AI Analysis
2026-01-16
downgrade
Neutral
Reason
Citi analyst Fatima Boolani lowered the firm's price target on Fastly to $10 from $12 and keeps a Neutral rating on the shares. The firm adjusted targets in the infrastructure software group as part of its 2026 outlook. It sees the sector's 2025 momentum carrying into the new year.
RBC Capital
Sector Perform
maintain
$9 -> $10
2026-01-05
Reason
RBC Capital
Price Target
$9 -> $10
2026-01-05
maintain
Sector Perform
Reason
RBC Capital raised the firm's price target on Fastly to $10 from $9 and keeps a Sector Perform rating on the shares. 2026 is likely to be a year when AI tailwinds become more evident for companies well positioned for enterprise AI adoption, while less prepared peers may remain pressured by the "AI is the death of software" narrative, the analyst tells investors in a research note. Enterprise spending appears to be stabilizing and improving in select areas, with GenAI driving innovation even as management teams remain conservative in early 2026 guidance, the firm says.
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Piper Sandler
Neutral
maintain
$10 -> $11
2026-01-05
Reason
Piper Sandler
Price Target
$10 -> $11
2026-01-05
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on Fastly to $11 from $10 and keeps a Neutral rating on the shares. The firm is raising multiple to 2.5-times from 2.25.
KeyBanc
Jackson Ader
Sector Weight -> Overweight
upgrade
$14
2025-12-15
Reason
KeyBanc
Jackson Ader
Price Target
$14
2025-12-15
upgrade
Sector Weight -> Overweight
Reason
KeyBanc analyst Jackson Ader upgraded Fastly to Overweight from Sector Weight with a $14 price target. The firm adjusted ratings in the enterprise software as part of its 2026 outlook. It has has a preference for small- and mid-cap software over large-caps heading into next year. KeyBanc says Fastly "has a product story, a financial story, and a management story."
About FSLY
Fastly, Inc. provides a programmable edge cloud platform that helps the world’s brands deliver online experiences through edge compute, delivery, security, and observability offerings, improving site performance, and enhancing security at a global scale. The Company enables developers to deliver secure Websites and apps. The edge cloud is a category of Infrastructure as a Service (IaaS) that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. The Company’s products and services includes Programmable Edge Platform, Network Services, Security, Compute, Observability, and Services. Its Network services include content delivery network, video / streaming, load balancing, image optimization, and origin connect. Its Security service includes Next-Gen WAF, bot management, DDoS protection, and others. The Company’s professional services include network services, managed security service, and response security service.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
