Fastly (FSLY)

• Market cap: $1.3B
• 1 day: 1.85%
• 5 days: 11.97%
• 1 month: 24.15%
• 3 months: 29.26%
• 6 months: 24.15%
• Year to date: -4.56%
• 1 year: 24.86%
• 5 years: -89.51%
• 10 years: -63.36%
• Sector: Technology
• Industry: Software - Application

About: Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2024.

Employees: 1,100

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 46

14% more capital invested

Capital invested by funds: $619M [Q1] → $706M (+$87.2M) [Q2]

3% more funds holding

Funds holding: 227 [Q1] → 234 (+7) [Q2]

6% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 64

0.41% more ownership

Funds ownership: 68.74% [Q1] → 69.14% (+0.41%) [Q2]

8% less call options, than puts

Call options by funds: $18.7M | Put options by funds: $20.2M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $7
• Avg. target: $7
• High target: $7

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

RBC Capital Rishi Jaluria

$7

Sector Perform Maintained

7 Aug 2025