Fastly is expected to report Q2 2026 revenue of $173.93 million, representing 20.4% year-over-year growth, and non-GAAP EPS of $0.07, with the stock currently trading near $21.33 against an average analyst price target of $23.11.
Investors are primarily focused on the growth trajectory of the high-margin Security and Edge Computing segments as Fastly pivots away from its legacy content delivery network (CDN) roots.
While the company delivered a strong Q1 beat with security revenue surging 47%, the stock has seen volatility due to high capital expenditures required for AI infrastructure.
Analysts will be watching for confirmation that Fastly can sustain its raised full-year 2026 revenue guidance of $710 million to $720 million while moving closer to consistent GAAP profitability.