Added to YB: 2026-09-29
Pitch date: 2026-09-24
FSLY [neutral]
Fastly, Inc.
-10.94%
current return
Author Info
No bio for this author
Company Info
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer’s applications in the United States, the Asia Pacific, Europe, and internationally.
Market Cap
$4.0B
Pitch Price
$28.15
Price Target
24.00 (-4%)
Dividend
N/A
EV/EBITDA
349.64
P/E
-46.91
EV/Sales
5.87
Sector
IT Services
Category
value
Muse Runs Through FSLY but What Are The Bytes Worth
FSLY (pass): Fastly’s Muse-driven rerating overprices commodity traffic: at realized rates, each user generates only $0.04-$0.13 annually, requiring roughly 100M users at a 45x earnings multiple to justify the $3.57 share-price move, versus 2.5M U.S. downloads in two weeks. Meta already multi-sources traffic and runs 19% in-house; fair value remains $18-$24 at 4-6x forward revenue. Higher-priced privacy or security services are the principal risk.
Read full article (10 min)