Oppenheimer sets USD 35.00 target for Fastly stock

Published on 10/15/2026 at 19:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastly will report third-quarter results on November 4, 2026. Fastly stock costs EUR 21.32 on October 15, 2026 at 7:45 p.m. CEST after hours.

Analyst view and trading levels

On October 9, 2026, Oppenheimer set a USD 35.00 target for Fastly.
Fastly will release third-quarter 2026 results on November 4, 2026.
Fastly stock costs EUR 21.32 at Lang & Schwarz on October 15, 2026 at 7:45 p.m. CEST.
Fastly's market capitalization stood at USD 3.8 billion on October 15, 2026.

FSLY, US31188V1008, Illustration mit AI erstellt.

Oppenheimer set a USD 35.00 price target for Fastly on October 9, 2026, after upgrading the stock to Outperform. Based on Fastly's USD 23.95 Nasdaq price at 1:51 p.m. ET on October 15, the target stands 46.14 percent above the stock. The euro quotation stood at EUR 21.32 at Lang & Schwarz at 7:45 p.m. CEST.

Analyst target stays central

According to Yahoo Finance, analyst Param Singh based the call on larger average deal sizes, stronger security cross-selling and early monetization of agentic artificial intelligence traffic. Oppenheimer expects third-quarter revenue toward the upper end of Fastly's USD 184 million to USD 190 million guidance range, the report said.

Fastly remains below its yearly high

Fastly's Nasdaq price was USD 23.95 at 1:51 p.m. ET on October 15, 2026. The 52-week range was USD 7.74 to USD 34.82, putting the stock 31.22 percent below its high. Trading volume reached 4,512,641 shares, compared with an average volume of 6,606,728 shares.

Results date gives the next marker

Fastly lists November 4, 2026, at 4:30 p.m. ET as the date for its third-quarter 2026 financial results. The company reported USD 183.32 million in second-quarter 2026 revenue, while net income attributable to common shareholders was a loss of USD 15.59 million. Operating margin was minus 8.00 percent in that quarter.

Comparison with peers

Fastly (Nasdaq, USD): P/E minus 45.11, market capitalization USD 3.8 billion.
Cloudflare (NYSE, USD): P/E minus 532.28, market capitalization USD 110.6 billion.
Akamai Technologies (Nasdaq, USD): P/E 32.84, market capitalization USD 13.1 billion.

Fastly stock in euros

Fastly stock was trading at EUR 21.32 at Lang & Schwarz on October 15, 2026 at 7:45 p.m. CEST. The after-hours quotation gives German investors a euro-based view while the Nasdaq listing remains the primary market.