Fastly’s Analyst Day Takeaways
<p>RBC Capital analysts provided their key takeaways from <a href='https://financialmodelingprep.com/financial-summary/FSLY'>Fastly (NYSE:FSLY)</a> Analyst Day, where management provided 2026 targets implying accelerating revenue growth and a significant margin turnaround. </p>
<p>While outlined growth drivers seem encouraging (broadening opportunity, enhanced product innovation, packaged offerings), the analysts exercise caution given Fastly remains #3 in a low-growth market with persistent pricing pressure and potential for ongoing initiatives to take time to drive substantial change. </p>
<p>According to the analysts, the margin targets seem more reasonable given newfound operational discipline and clear low-hanging fruit for cost reduction. However, maintaining a 600 bps of annual margin improvement might be challenging while balancing growth acceleration aspirations.</p>
<p>The analysts raised their price target to $11 from $9 while keeping their Underperform rating unchanged.</p>

NYSE:FSLY