Fastly Inc. (NASDAQ:FSLY) is one of the 7 Worst Cloud Stocks To Buy According to Short Sellers. On June 5, William Blair ***** yst Jonathan Ho reiterated a Buy rating on Fastly Inc. (NASDAQ:FSLY) without ***** igning any price target to the stock. In contrast to William Blair, Raymond James ***** yst Frank Louthan had upgraded the stock to Outperform from Market Perform on May 8. He also ***** igned a price target of $23 to the stock. The ***** yst believes demand for the company's network capabilities will stay strong going forward. As AI inference takes center stage and requires better data center interconnection, Fastly's products are going to stay in demand, according to the ***** yst.
Fastly Inc. (NASDAQ:FSLY) reported its first-quarter fiscal 2026 earnings on May 6. The market reacted negatively to the report, with the stock down over 37% after the announcement. This negative sentiment comes as a surprise, considering the company not only raised its outlook but also had a positive ***** yst sentiment after the earnings.
For the full year 2026, FSLY has raised its revenue guidance to between $710 million and $725 million. This translates to an EPS of $0.27 to $0.33. Despite competitors raising prices, management intends to stick to the pricing it has already agreed with its customers.
Fastly Inc. (NASDAQ:FSLY) operates a programmable, high-performance edge cloud platform that delivers faster, safer, and more scalable sites and apps to customers. The company is based in San Francisco, California.
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