Is Fastly, Inc. (NASDAQ:FSLY) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Fastly, Inc. at current levels.
Edge compute is finally becoming a real second act at Fastly, and the market is still pricing this like a CDN also-ran.
Where FSLY is headed
By early 2028, Fastly looks less like the wounded CDN that mismanaged a Shopify outage in 2021 and more like a full-stack edge compute and security vendor with roughly $800M in revenue, mid-teens operating margins, and free cash flow closer to $180M. The story isn't bandwidth pricing anymore. It's Compute@Edge running production workloads for retailers, media companies, and AI inference customers who want latency measured in single-digit milliseconds and don't want to pay AWS Lambda's tax to get it. Security is the sleeper. The Signal Sciences acquisition, dismissed as expensive when it happened, is now the fastest-growing part of the business, and the Next-Gen WAF plus bot management stack competes credibly with Cloudflare on capability while undercutting Akamai on price.
Read the full Compass Direction on FSLY
The complete destination call, the overlooked angle, milestones, and bull, base, and bear price scenarios (around $25.29).
See the full FSLY analysisGet calls like this, free
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Frequently asked questions
Is Fastly, Inc. (NASDAQ:FSLY) a buy in 2026?
Yes, on balance. The Compass leans toward accumulating Fastly, Inc. at current levels. Edge compute is finally becoming a real second act at Fastly, and the market is still pricing this like a CDN also-ran.
What is FSLY's Compass Score?
Fastly, Inc. scores 71/100 on Alexandria's Compass, placing it in the "Favorable" tier. Scores blend eight factors and update weekly.
What is the price target for FSLY?
Alexandria's full Compass Direction includes bull, base, and bear price scenarios with the valuation math behind each. Read the full breakdown on the FSLY page.
Compass verdicts are AI-generated, forward-looking editorial research from publicly available data, not investment advice or a recommendation regarding any security. Scores and verdicts update as the data changes.