RBC keeps USD 25.00 target for Fastly stock

Published on 10/17/2026 at 19:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastly posted USD 183.32 million revenue in its second quarter, up 23.00 percent. Fastly stock last traded at USD 22.47 on October 16, 2026.

Analyst target and reporting date

RBC Capital analyst Rishi Jaluria maintained a Hold rating and set a USD 25.00 target on October 15, 2026.
Fastly posted USD 183.32 million in second-quarter revenue, up 23.00 percent year over year.
Fastly stock last traded at USD 22.47 at 4:00 p.m. ET on Nasdaq on October 16, 2026, down 10.37 percent versus the Nasdaq prior close.
Fastly will report third-quarter 2026 results on November 4, 2026.

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RBC Capital analyst Rishi Jaluria maintained a Hold rating on Fastly and set a USD 25.00 price target on October 15, 2026, according to Markets Insider. The target is 11.27 percent above Fastly's USD 22.47 Nasdaq price on October 16, 2026, calculated from the same currency.

Fastly's second-quarter revenue reached USD 183.32 million, up 23.00 percent from the year-earlier period. The result came with a GAAP net loss of USD 15.59 million, compared with a GAAP net loss of USD 37.54 million in the year-earlier quarter, according to Yahoo Finance.

Fastly stock in the range

Fastly last traded at USD 22.47 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 10.37 percent versus the Nasdaq prior close. Its 52-week range was USD 7.87 to USD 34.82, placing the latest price 35.47 percent below the high. Trading volume was 7,074,403 shares against an average of 6,541,278.

Valuation and the next date

Fastly's market capitalization was USD 3.6 billion on October 16, 2026, while its trailing P/E ratio was minus 42.40. The company will release third-quarter 2026 results after the US market close on November 4, 2026, with a conference call at 4:30 p.m. ET, according to Fastly.

Comparison with peers

Fastly (Nasdaq, USD): minus 10.37 percent, P/E minus 42.40, market capitalization USD 3.6 billion
Cloudflare (NYSE, USD): minus 6.39 percent, P/E minus 507.84, market capitalization USD 105.4 billion
Akamai Technologies (Nasdaq, USD): minus 4.89 percent, P/E 31.59, market capitalization USD 12.6 billion

Euro closing reference

The Xetra closing price was EUR 20.09 on October 16, 2026 at 5:35 p.m. CEST. The Nasdaq price and the Xetra close are separate venue readings in different currencies, so the comparison is descriptive rather than a combined daily return.