-6%

est. 2Y upside i

DevOps & Infra

Edge cloud platform for content delivery security and compute

Rank

#3248

Sector

Cloud Computing

Est. Liquidity

~1Y

Data Quality

Data: Low

Equity upside is negative (-6.1% expected) due to intense competition from Cloudflare and hyperscalers, slowing 20% growth, and a high incumbent threat.

Last updated: July 3, 2026

Bull (10%)+68%

AI edge computing demand accelerates; Fastly gains share with high-performance WAF and programmable edge, driving exit multiple to 12x revenue. Projected revenue $448M yields enterprise value $5.38B.

Base (55%)+4%

Revenue grows to $448M but multiple compresses to 8x from current ~8.3x, yielding $3.58B value. Modest 24% gross upside before 20% dilution.

Bear (35%)-43%

Cloudflare, AWS, and Akamai pressure market share; revenue growth underwhelms. Multiple contracts to 5x, enterprise value $2.24B, below entry. Preference stack $224M absorbs some losses, common stock recovers -42.7%.

Est. time to liquidity~0.5 years
Adjusted for competitive dynamics: -16% (raw: -6%, adjustment: -9%)

Preference Stack Risk

low

Funding Intensity

770%

Total funding $224M is 7.7% of $2.9B valuation, so preference stack is thin and unlikely to impair common in most scenarios.

Dilution Risk

moderate

Public company may issue shares for working capital or acquisitions; 15-25% dilution assumed over 2 years.

Secondary Liquidity

active

Fastly is publicly traded on Nasdaq, so RSUs and options are liquid after vesting.

Other — 56 roles

View all 56 open roles at Fastly →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Fastly's data — designed to show you've done your homework.

  • 1

    “How does Fastly plan to differentiate against Cloudflare's expanding AI product suite?”

  • 2

    “What is the expected revenue growth trajectory and path to profitability given high competition?”

  • 3

    “Given the ongoing shareholder lawsuits, how does the board assess risk management and disclosure practices?”

Community

Valuation Sentiment

Our model estimates -6% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.