Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

NYSE:FSLY

Fastly Inc. (FSLY)

18.55
-0.33 (1.75%)
as of Jun 12, 2026, 8:00:00 pm Market Open.
59 watching
0
BUY ON WEAKNESS
It was once a hot stock. After hours today it lost 25% of its value. It's a next-generation content deliverer, the best in class. So, what happened? It's frothy, surging this month on no news or catalyst. The company warned on its Q3 revenue after today's close; its biggest customer TikTok's usage of Fastly did not meet expectations which slammed revenues, so the stocked pulled back. (Trump hates TikTok and this was a factor.). But this sell-off has gone too far. It's now a buying opportunity. In July, the stock rose too high and the target price fell. Fastly may very well sell off tomorrow or a few more days before it rebounds. History shows that is often rebounds. Buy it in the $70s.
TOP PICK

Cloud computing services provider. Edge cloud platform provider, where both storage and resources are at the edge of the network instead of at the centre. One of biggest clients is Shopify. Another is TikTok, so there's been a pullback. He has a price target of $95. No dividend. (Analysts’ price target is $92.89)

Showing 16 to 17 of 17 entries