FSLY

Fastly (FSLY) reported earnings 30 days ago. What's next for the stock?

Bond yields have the entire stock market on edge. The last thing most investors are thinking about is short squeezes, which means maybe they should be something contrarian trades have on their radar.

Fastly is transforming from a struggling CDN to a high-growth edge cloud platform, with Q2 revenue up 23% YoY and record profitability. Q2 results beat and raised guidance across all lines, with gross margin at 65.8%, operating margin at 14.7%, and NRR improving to 117%. The Security and Compute segments are driving growth, now at a $200M run rate and growing 46% YoY, supporting strong operating leverage.

SAN FRANCISCO, Sept. 1, 2026 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Fastly, Inc. (NASDAQ: FSLY) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about growth and the impact of macroeconomic trends on the company's business.

Fastly (FSLY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, FSLY crossed above the 20-day moving average, suggesting a short-term bullish trend.

The transaction involved ~148,000 shares for a total value of ~$4.2 million as of the August 18, 2026 transaction date. This disposition reduced the executive's direct equity stake by 12%.

Cloud demand and AI adoption are fueling FIVN, FSLY and QLYS, with strong growth and improving earnings estimates.

Fastly (FSLY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Does Fastly (FSLY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Fastly stock went parabolic this week, hitting its highest level since May 5 this year, and 78% from its lowest point in July. It has soared by 174% this year, outperforming the broader stock market as the Nasdaq 100 and S&P 500 have jumped by less than 20% this year.