Rating Change
Canaccord Genuity analysts initiated coverage on Fastly, Inc. (NASDAQ:FSLY) with a Buy rating on July 17, 2026.
new coverageNASDAQ:FSLY
Canaccord Genuity Initiates Coverage on Fastly, Inc. (FSLY) with Buy
Rating Change Canaccord Genuity analysts initiated coverage on Fastly, Inc. (NASDAQ:FSLY) with a Buy rating on July 17, 2026. Market Context Fastly, Inc.
Market Context
Fastly, Inc. operates in the Technology sector. The stock currently trades at $20.72 with a market capitalization of $1.6B. The stock has gained 202.5% over the past 52 weeks.
Analyst coverage from Canaccord Genuity provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Fastly, Inc..
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Fastly, Inc.
Among the 10 most recent ratings: 4 Buy, 6 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Jul 17, 2026 | Freedom Broker | Buy | N/A |
| Jul 17, 2026 | Canaccord Genuity | Buy | N/A |
| May 07, 2026 | Citigroup | Neutral | N/A |
| May 07, 2026 | RBC Capital | Sector Perform | N/A |
| May 07, 2026 | Keybanc | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View FSLY Stock Page
Frequently Asked Questions
What does a Buy rating mean for FSLY?
A Buy rating from Canaccord Genuity reflects the analyst's outlook on Fastly, Inc. (NASDAQ:FSLY). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FSLY forecast page.