Fastly is trading 10.8% up at $25.45 after investors continued rewarding its August 5 earnings report, which showed revenue of $183.3 million, adjusted EPS of $0.15, record gross margin, and 117% net retention.
- Management raised full-year 2026 revenue guidance to $732 million–$746 million and nearly doubled its adjusted EPS outlook to $0.50–$0.54.
- Fastly’s scheduled KeyBanc investor forum on August 10 and recently higher analyst targets add supportive near-term catalysts.