Fastly, Inc. Class A (FSLY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Fastly, Inc. Class A stock $9.38, price $15.85, that is 40.8% below the price, quality 49 out of 100. Rating: strongly overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
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Fastly, Inc. Class A
FSLY · USOur calculation puts a fair price 41% below what the stock costs today.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range $5.00 – $54.39 · fair‑value band $4.63 – $15.68 · the $15.85 price screens above the $9.38 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally.
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The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.
The company offers network services to speed up and optimize the delivery of web and application traffic; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, modern protocols and performance services; staging environment; and video/ streaming solutions and services, including live streaming, live event monitoring, video on demand, cache reservation, and media shield.
It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, privacy, and compliance services; load balancing; image optimization; and origin connect.
In addition, the company offers professional services comprising managed and response security services; managed CDN; and support plans services. It serves customers operating in ecommerce, streaming media, gaming, digital publishing, and high tech to financial services industries.
The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
Stock analysis
Fastly, Inc. Class A (FSLY) currently trades at $15.85, while our model-based Fair Value estimate is $9.38, 41% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $11.27 per share, and 0 of the 7 models we run sit above the $15.85 price.
Bear case: the Asset-Based group reads lowest at $0.9700, and 7 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: $4.63 (bear) to $15.68 (bull), the price of $15.85 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 49/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Fastly, Inc. Class A Common Stock reported revenue of $624M in FY2025 versus $354M in FY2021, a compound +15.2%/yr. Reported net income was −$122M in FY2025.
Key figures
Market cap $2.5B Mid · P/S ratio 3.55 · EPS (TTM) $−0.4000 · Net margin −8.7% · Return on equity −6.5% · Return on assets (EBIT) −11.1% (5-year average) · Operating margin −5.4% · Revenue (TTM) $719M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 15 out of 100 (low confidence).
What moves the price
The share trades about 53% below its 52-week high and 99% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −41%, FSLY screens richer than that median.
Fair Value models
All 7 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 8 officers or directors sold shares worth $41.4M and none bought.
- SaleArtur BergmanChief Technology Officer, Director44× since Nov 10, 2025: 3,049,296 shares, avg. $19.29$58.8MOct 26, 2026
- SaleCharles Lacey Compton IIICEO, Director22× since Nov 18, 2025: 588,157 shares, avg. $21.24$12.5MOct 26, 2026
- SaleJeffrey FordPrincipal Accounting Officer2× since Sep 16, 2026: 82,923 shares, avg. $24.29$2.0MSep 17, 2026
- SaleScott R. LovettPresident, Go to Market13× since Nov 18, 2025: 465,632 shares, avg. $19.59$9.1MSep 17, 2026
- SaleChristopher B PaisleyDirector2× since May 29, 2026: 4,000 shares, avg. $21.49$85,960Aug 31, 202610b5-1 plan
- SaleRichard WongCFO6× since Mar 3, 2026: 217,340 shares, avg. $26.59$5.8MAug 21, 2026
- SalePaula LoopDirector7,332 shares at $30.00$219,960Aug 12, 202610b5-1 plan
- SaleRichard Devon DanielsDirector2× since Mar 6, 2026: 26,056 shares, avg. $21.74$566,581Aug 7, 2026
Plus 8 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
FSLY screens overvalued: fair value 41% below the price. Compare with SAP SE →
Recent news
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Compare Fastly, Inc. Class A Common Stock with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 630 stocks
Valuation Multiplesvs Software - Application median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Information Technology sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Price/FCF by industry
- Debt-to-equity by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Software - Application stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Adobe Inc ADBE | $239.30 | $463.72 | +94% | vs FSLY |
| Salesforce, Inc CRM | $213.65 | $342.73 | +60% | vs FSLY |
| Uber Technologies, Inc UBER | $68.59 | $101.28 | +48% | vs FSLY |
| Intuit Inc INTU | $341.50 | $459.14 | +34% | vs FSLY |
| ServiceNow, Inc NOW | $101.97 | $112.60 | +10% | vs FSLY |
| SAP SE SAP | €210.75 | €173.59 | −18% | vs FSLY |
| Cadence Design Systems, Inc CDNS | $319.92 | $225.48 | −30% | vs FSLY |
| Automatic Data Processing, Inc ADP | $303.35 | $150.40 | −50% | vs FSLY |
| Shopify Inc SHOP | $148.91 | $64.96 | −56% | vs FSLY |
| Snowflake Inc SNOW | $275.88 | $73.81 | −73% | vs FSLY |
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Frequently asked questions
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Key figures of Fastly, Inc. Class A
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