RBC Capital Raises FSLY Price Target to $7 Despite Maintaining Sector Perform Rating.

RBC Capital analyst Rishi Jaluria raised the price target for Fastly (FSLY) from $6 to $7, a 16.67% increase, while maintaining a "Sector Perform" rating. This adjustment aligns with previous ratings and actions from other analysts, with an average target price of $7.17 and a high estimate of $8.00. The estimated GF Value for Fastly in one year is $13.39, suggesting a potential upside of 78.41% from the current price.

Title: RBC Capital Raises Fastly Price Target to $7, Reflecting Positive Analyst Sentiment

Royal Bank of Canada (RBC) has raised its price target for Fastly Inc. (NYSE: FSLY) from $6.00 to $7.00, signaling a 16.67% increase in the stock's valuation. This adjustment aligns with recent positive analyst ratings and actions, with an average target price of $7.17 and a high estimate of $8.00. The estimated GF Value for Fastly in one year is $13.39, suggesting a potential upside of 78.41% from the current price.

RBC Capital's analyst, Rishi Jaluria, maintained a "Sector Perform" rating while raising the price target. This move follows similar adjustments by other analysts, such as Morgan Stanley, Piper Sandler, and KeyCorp, who have also increased their price targets and ratings for Fastly. The positive sentiment is driven by the company's strong third-quarter earnings guidance and robust financial performance.

Fastly reported its Q3 2025 earnings guidance, forecasting an earnings per share (EPS) between -$0.020 and -$0.02, which outpaced the consensus estimate of -$0.004. The company also projected revenues of $149.0 million to $153.0 million, exceeding the $147.2 million consensus. This guidance has led to a 17.3% increase in Fastly's stock price, reaching $7.65.

The stock's performance is further bolstered by its strong market position, with institutional investors and hedge funds owning 79.71% of the company's stock. Insiders have also been active in their trading, with CFO Ronald W. Kisling and CRO Scott R. Lovett selling shares recently. However, these sales represent a small portion of the total shares outstanding, indicating a positive outlook among key stakeholders.

Fastly's edge cloud platform has been gaining traction, processing, serving, and securing customer applications at the edge of the internet. The company's ability to deliver digital experiences efficiently has positioned it as a leader in the edge cloud market.

In summary, RBC Capital's price target increase for Fastly reflects a positive outlook among analysts, driven by the company's strong earnings guidance and robust financial performance. The estimated GF Value suggests a significant upside potential for investors.

References:
1. [MarketBeat - Fastly (FSLY) Price Target Raised by RBC Capital](https://www.marketbeat.com/instant-alerts/fastly-nysefsly-given-new-700-price-target-at-royal-bank-of-canada-2025-08-07/)
2. [Investing.com - RBC Capital Raises Brookfield Corporation Price Target](https://www.investing.com/news/analyst-ratings/brookfield-corporation-price-target-raised-to-83-by-rbc-capital-93CH-4180988)
3. [MarketBeat - Fastly (FSLY) Releases Q3 2025 Earnings Guidance](https://www.marketbeat.com/instant-alerts/fastly-nysefsly-releases-q3-2025-earnings-guidance-2025-08-07/)