Fastly, Inc. (FSLY)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-14
$24.30-2.25%
Close 2026-09-15 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-14
Research Workspace
Put FSLY beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Application Software is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Operating loss narrows toward -$23.9M in Q1 2026: Q2 FY26 Non-GAAP EPS +0.15 vs consensus -0.14; FY26 EPS guidance raised to $0.52.
View ThesisRevenue growth is accelerating — up about 20% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 38%, softest on returns on capital.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — the market is pricing in about 149% growth a year, above the roughly 16% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 4% on a typical day and fell roughly 52% in its worst 12-month stretch.
View RiskFastly's growth relies on expanding its security offerings and AI demand. Revenue grew 23% year over year, and the latest quarter beat expectations. It trades at 5.3× price-to-sales versus a peer median of 3.4×. The market is pricing in more growth than forecasted, indicating expectations look full. The primary risk is the potential for a credibility hit if guidance is cut after recent raises. Peer multiples imply a price about 145% below where it trades. Our read is provisional.
Trailing returns as of 2026-09-15. FSLY is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 12 analysts currently covering FSLY (as of Sep 2026).
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
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Compare FSLY with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| FSLY Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 3 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Application Software — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put FSLY next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Achieve revenue growth
Q2 earnings indicate strong revenue growth performance.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-15. EPS is implied from price ÷ P/E. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Achieve revenue growth
Accelerating growth aligns with revenue growth objective.
Advances: Achieve revenue growth
Edge push gains traction supports revenue growth objective.
Advances: Achieve revenue growth
Record Q2 indicates strong revenue growth trajectory.
CFO's sale raises concerns about leadership stability.
Advances: Achieve revenue growth
Q2 rally indicates strong revenue growth potential.
Advances: Achieve revenue growth
Security expansion and AI demand support revenue growth.
Advances: Achieve revenue growth
AI traffic growth supports revenue growth objective.
