KeyBanc Capital Markets initiated coverage of Fastly with a rating of Sector Weight

Oppenheimer resumed coverage of Fastly with a rating of Perform

Oppenheimer upgraded Fastly from Perform to Outperform and set a new price target of $12.00

Raymond James downgraded Fastly from Strong Buy to Mkt Perform

Piper Sandler downgraded Fastly from Overweight to Neutral and set a new price target of $6.00 from $10.00 previously

DA Davidson downgraded Fastly from Buy to Neutral and set a new price target of $8.50 from $24.00 previously

BofA Securities downgraded Fastly from Buy to Underperform and set a new price target of $8.00 from $18.00 previously

Piper Sandler upgraded Fastly from Neutral to Overweight and set a new price target of $16.00 from $19.00 previously

Craig Hallum downgraded Fastly from Buy to Hold and set a new price target of $20.00

Citigroup upgraded Fastly from Sell to Neutral and set a new price target of $20.00 from $11.00 previously

Fastly, Inc. (NYSE:FSLY) a leader in global edge cloud platforms, today announced that Kip Compton, Fastly's current Chief Product Officer, has been appointed CEO of the company and named to the Board of Directors, effective immediately. Compton succeeds Todd Nightingale, who has stepped down as CEO, President, and as a Director of the Board. Nightingale will remain with the company as an advisor until June 30, 2025, and will then be pursuing an external opportunity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250616704301/en/Fastly Appoints Kip Compton as Chief Executive Officer. "We want to thank Todd for his leadership, pr

Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today released its Q1 2025 Threat Insights Report, providing an overview of security trends, attack vectors and threat activity across the application security landscape. The report reveals that the commerce industry's attack volume doubled from 15% in Q1 2024 to 31% in Q1 2025, signaling a shift in attacker focus. Additionally, the report found that 37% of all observed internet traffic is from automated traffic or bots, with 89% of that bot traffic classified as unwanted, further illustrating the challenges faced by online businesses. Identifying wanted and unwanted bot traffic is crucial for businesses. Unwanted bot traf

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, May 28, 2025 /PRNewswire/ -- Cerby, the fastest-growing platform for identity security automation globally, has announced today a $40 million Series B funding round. The round was led by DTCP with participation from existing backers including Okta Ventures, Salesforce Ventures, and Two Sigma Ventures. As SaaS, cloud, mobile, and on-prem

Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced the appointments of Albert Thong as Chief Marketing Officer and Tara Seracka as Chief Legal Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515486782/en/Fastly appoints Albert Thong as Chief Marketing Officer. "I am excited to welcome Tara to Fastly as our new Chief Legal Officer and appoint Albert as our Chief Marketing Officer," said Todd Nightingale, CEO of Fastly. "Tara is a strategic legal partner with expertise scaling operationally effective organizations, enabling product innovation, and delivering on a seamless revenue motion. A

Record Revenue of $144.5 million above high-end of guidance range Generates positive free cash flow of $8.2 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its first quarter ended March 31, 2025. "Fastly outperformed our revenue and operating loss guidance in the first quarter, delivering positive free cash flow," said Todd Nightingale, CEO of Fastly. "We made great progress in our go-to-market transformation, product release velocity, and growing traffic share with our large enterprise customers which all drove upside in our results." "We are raising our financial guidance for 2025 and plan to enrich our current revenue m

Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2025 after market close on Wednesday, May 7, 2025. Fastly will host an investor conference call that day to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET. Date: Wednesday, May 7, 2025 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.fastly.com Dial-in: 888-330-2022 (US/CA) or 646-960-0690 (Intl.) Conf. ID#: 7543239 Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live webcast of the call will be available at https://investors.fastly.com where listeners may log on to the event by se

Study shows Fastly provides enhanced security, improved user experiences, and significant cost savings Fastly, Inc. (NYSE:FSLY), a leading global edge cloud platform, announced today the findings of a commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Fastly. It found that a composite organization representative of interviewed customers with experience using Fastly Application Security Solutions experienced benefits of $6.04 million over three years – a return on investment of 235%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250410309307/en/ The Forrester study revealed that the co

New capabilities provide deeper visibility into attack mitigation, helping organizations validate the efficacy of their automated DDoS protection Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, has announced key updates to Fastly DDoS Protection that deliver unprecedented visibility into attack mitigation. Fastly DDoS Protection can mitigate attacks in seconds. Now with Fastly DDoS Protection's Attack Insights, security teams gain real-time insights into DDoS events, empowering them to validate mitigation actions and confidently protect applications and APIs from DDoS attacks. DDoS, or Distributed Denial of Service attacks, can quickly disrupt services with distributed

Latest Fastly Bot Management update reduces CAPTCHA reliance, enhances bot detection, and highlights compromised credentials Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced a new update to Fastly Bot Management, delivering three key features that help organizations defend against scraping, account takeovers, and spam. For too long, websites have relied on frustrating CAPTCHAs to combat these threats, leading to poor user experiences and lost conversions. Fastly's update gives organizations the chance to break free from the CAPTCHA cycle while helping to prevent fraud, protect customer accounts, and allow legitimate users to complete logins and checkouts w

Increasing CISO involvement in strategic decisions at the board level and improving legal support for cybersecurity staff among the corporate policy changes Following a year that thrust Chief Information Security Officer (CISO) accountability into the spotlight, research from Fastly, Inc. (NYSE:FSLY), a leading global edge cloud platform provider, reveals that 93% of organizations made policy changes over the preceding 12 months to address concerns about increased personal liability for CISOs. This includes two in five organizations (41%) increasing CISO participation in strategic decisions at the board level. This press release features multimedia. View the full release here: https://ww