Fastly (FSLY) Receives Upgrade to Buy: Key Information You Need to Know
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.
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Citi Cuts Price Targets for Atlassian, Datadog, and Fastly, Impacting Stock Prices
- Atlassian Price Target Cut: Citi reduced Atlassian's price target from $240 to $210, citing persistent concerns about financial model complexity, AI disruption, and executive turnover, which have led to a 33% drop in its stock price in 2025.
- Datadog Underperformance: While Citi maintains a Buy rating on Datadog, fears of category commoditization, pricing pressures, and OpenAI's concentrated power have resulted in mixed investor sentiment, negatively impacting its stock performance.
- Fastly Rebuilding Credibility: Citi holds a Neutral rating on Fastly, noting that while the company has steadily improved sales efficiency, execution missteps and high customer concentration temper enthusiasm for its future performance, indicating more work is needed.
- Overall Industry Decline: Enterprise software stocks are generally experiencing market downturns, with AppLovin and Unity leading declines, reflecting a broader pessimistic sentiment towards the software sector.

Fastly CTO Artur Bergman Sells 40,000 Shares for $409,200
- Executive Sale: Fastly's CTO Artur Bergman sold 40,000 shares for approximately $409,200 on December 29, 2025, reflecting his trading capacity after a sustained reduction in direct holdings, indicating confidence in the company's future.
- Holding Status: Post-transaction, Bergman retains 2,730,579 shares directly and 4,450,249 shares indirectly through six trust entities, demonstrating a continued positive outlook on Fastly's long-term growth.
- Market Performance: Fastly's stock reached a 52-week high of $12.59 shortly before Bergman's sale, driven by the company's record revenue of $158.2 million in Q3, a 10.9% increase from the previous year, despite an operating loss of $28.8 million.
- Trading Plan: The sale was executed under an established Rule 10b5-1 trading plan, indicating that Bergman's transaction was not based on insider information but rather a strategic asset allocation during a period of rising stock prices.









