Fastly, Inc. (FSLY) Reports Fourth-Quarter Revenue of $172.61 million, Ahead of Consensus

Core Insights - Fastly, Inc. reported fourth-quarter revenue of $172.61 million, exceeding the consensus estimate of $161.36 million, indicating strong performance and growth potential for the company [2][6] - The CEO highlighted that the quarter marked an inflection point in Fastly's growth, with record revenue, gross margin, and operating profit, and noted that AI is expected to be a significant growth driver in 2026 [2] - Fastly projects fiscal 2026 revenue between $700 million and $720 million, surpassing consensus estimates of $667.79 million, reflecting confidence in future growth [2] Analyst Ratings - DA Davidson lowered its price target for Fastly to $9 from $11.50 while maintaining a Neutral rating, citing positive indicators from recent share price movements and management discussions [3] - Citi analyst Fatima Boolani also reduced her price target for Fastly to $10 from $12, keeping a Neutral rating, as part of a broader outlook for the infrastructure software sector [3] Company Overview - Fastly operates an edge cloud platform that processes, delivers, and secures applications across both the United States and international markets, positioning itself as a key player in the cloud services industry [4]