Fastly (FSLY) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.15
- Estimate
- $0.07
- Surprise
- +126.3%
- Revenue (period 2026-06-30)
- $183.3M
- Score at report (before → after)
- 5.9 → 5.9/10
Revenue source: xbrl.
How the report landed
Fastly (FSLY) beat the $0.07 estimate with diluted EPS of $0.15 — a large 126.3% upside surprise. TrendMatrix's engine moved from Hold (5.9/10) to Buy (Wait) at 5.9/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FSLY Sell at 5.8/10.
3 of the last 4 quarters beat the estimate; this quarter's +126.3% surprise compares with a +10340.6% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (3/4)
- Strong growth profile
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Sector modifier (Technology): -0.8
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.53
- Price target
- $23.49
- Stop
- $19.17
- Upside to target
- +14.4%
- Reward-to-risk
- 1.0:1
Risk check: RSI 26 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
FSLY at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $3.36B
- P/E (fwd)
- 36.2
- 52-week range
- $7.05–$34.82
- Off 52-week high
- 41.0%
- RSI (14)
- 26
- Volume vs avg
- 0.24×
- Score today
- 5.8/10