Fastly stock slips after revenue and guidance gains

Fastly stock (ISIN US3118801041) traded at USD 20.91 on September 1, 2026, down 8.25 percent on the session, with a market capitalization of USD 3.63 billion and a 52-week range of USD 7.06 to USD 34.82. The move came after a CEO share sale and after the company had already reported stronger second-quarter 2026 numbers.

Revenue and profit improved

According to the Yahoo Finance report, Fastly posted adjusted earnings of USD 0.15 per share in second-quarter 2026, compared with a loss of USD 0.03 a year earlier. Revenue rose 23.3 percent year over year to USD 183.32 million, topping the consensus estimate of USD 173.93 million by 5.4 percent.

The same report said full-year 2026 revenue guidance increased to USD 732 million to USD 746 million, while non-GAAP earnings guidance moved to USD 0.50 to USD 0.54 per share. For third-quarter 2026, Fastly guided to revenue of USD 184 million to USD 190 million and non-GAAP operating income of USD 20 million to USD 24 million.

Insider sale adds pressure

A Form 4 filing showed CEO Charles Lacey Compton III sold 9,458 shares on September 2, 2026 at a weighted average price of USD 20.42. After the sale, he directly held 904,777 shares, a detail that helped turn the trading focus back to insider activity rather than the stronger earnings print.

Analyst sentiment also stayed mixed. MarketBeat said the consensus rating remained Hold, with an average price target of USD 25.33, while one broker raised its target to USD 28 and another kept a neutral stance. The stock price on September 1, 2026 sat well above the low end of the 52-week range, but still far below the high of USD 34.82.

Fastly edge cloud

Fastly's edge cloud platform remains the central product story behind the 2026 numbers. The quarter's USD 183.32 million revenue, the 23.3 percent yearly growth rate and the raised full-year outlook all point to faster demand for content delivery, security and edge compute services.

Price stays below the high

Fastly stock closed at USD 20.91 on September 1, 2026, after a drop of 8.25 percent. The market cap was USD 3.63 billion, and the shares remained below the 52-week high of USD 34.82 while staying above the 52-week low of USD 7.06.