Fastly, Inc. Class A (FSLY)

Fastly's stock price has experienced significant movements in the past six months. Fastly announced its intention to transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. Fastly reported its fourth-quarter and full-year 2025 financial results, which significantly exceeded market expectations, leading to a substantial surge in FSLY's stock price. Fastly's stock plummeted following the launch of Claude Managed Agents by Anthropic, intensifying concerns about AI competition.

Fastly's business model is primarily usage-based, meaning its revenue scales with the amount of data customers process and code they execute on Fastly's servers. The demand for instantaneous data delivery is increasingly influenced by the rise of "Agentic AI". Fastly does offer DDoS Protection and Mitigation Services for "short term and seasonal events". The company's focus on high-traffic enterprise customers and the growth in AI traffic imply a consistent, growing demand for its services.

Fastly, Inc. is a technology company that provides an edge cloud platform to enhance the speed, security, and scalability of digital experiences. It operates in the CDN, edge computing, and cybersecurity industries, serving organizations that require high-performance, low-latency delivery of web and application content. Fastly's platform processes data closer to end-users, enabling real-time content delivery, application logic execution, and security enforcement at the network edge. Fastly's major products and services include Edge Cloud Platform, Content Delivery Network (CDN) Services, Cloud Security Services, Edge Compute, Observability Solutions and AI-driven offerings.

Fastly, Inc. is headquartered in San Francisco, California, USA, and operates a global network spanning North America, Europe, Asia-Pacific, and parts of South America. Its edge infrastructure is strategically deployed in major internet exchange points and metropolitan areas to minimize latency and improve performance for its customers worldwide. While the United States remains its primary market, international markets contribute a significant portion of Fastly's revenue, with the Asia Pacific region showing particularly strong growth.

In the past year, Fastly was named a Leader in "The Forrester Wave™: Edge Development Platforms, Q1 2026 report". Fastly's Global Security Research Report highlighted that AI-First Businesses are incurring an "AI Speed Tax" when recovering from cybersecurity incidents. Fastly appointed Joan Jenkins as Chief Marketing Officer. Fastly teamed up with LALIGA on joint innovation to combat piracy.

Fastly, Inc.'s ownership structure is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the company's stock. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Legal & General Group Plc. Abdiel Capital Management LLC is the largest individual shareholder, and Artur Bergman is the founder.