Signal Sciences Fastly

signalsciences.com →

-65%

est. 2Y upside i

Cybersecurity

Rank

#4174

Sector

Cybersecurity

Est. Liquidity

~2Y

Data Quality

Data: High

Fastly presents a risky equity opportunity due to its current market valuation of approximately $3.1 billion, which is significantly above the average analyst 12-month price targets of around $13.

Last updated: March 10, 2026

Bull (15%)+75%

Fastly's security segment, including Signal Sciences, continues its strong 32% YoY growth, driven by AI innovations and API security enhancements, capturing significant market share from competitors. This, combined with sustained non-GAAP profitability and improved operating leverage, pushes Fastly's market capitalization to approximately $5.4 billion, reflecting a higher revenue multiple as the market recognizes its competitive differentiation.

Base (22%)-10%

Fastly maintains its position in the edge cloud and security markets, with overall revenue growth aligning with its 2026 guidance of 14%. However, intense competition from incumbents like Akamai and Cloudflare limits significant multiple expansion, and the stock experiences a modest correction to align closer with analyst price targets, resulting in a market capitalization of approximately $2.8 billion.

Bear (63%)-45%

Fastly struggles to overcome intense competitive pressure and pricing compression in the CDN market, while the Altman Z-Score's distress signal materializes into sustained financial underperformance or missed guidance. Customer concentration risks also impact revenue, leading to a significant re-rating of the stock and a market capitalization decline to approximately $1.7 billion, wiping out a substantial portion of recent gains.

Est. time to liquidity~2.0 years

Preference Stack Risk

low

Funding Intensity

8%

As a publicly traded company, common stock holders do not face liquidation preferences from preferred shareholders.

Dilution Risk

moderate

Dilution can occur through ongoing stock-based compensation for employees and potential future equity raises to fund growth initiatives, as evidenced by insider selling activity.

Secondary Liquidity

active

As a publicly traded company on NASDAQ (FSLY), employees can sell vested RSUs or exercised options on the open market.

Other — 1 role

View all 1 open roles at Signal Sciences Fastly →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given the intense competition from Akamai and Cloudflare, how does Fastly plan to sustain and expand its market share in the web application and API protection (WAAP) space, particularly leveraging the Signal Sciences technology?”

  • 2

    “Fastly achieved non-GAAP profitability in FY2025, but the Altman Z-Score still indicates financial distress. What specific strategies are in place to improve GAAP profitability and strengthen the overall financial health of the company over the next two years?”

  • 3

    “With Fastly being a public company, what is the typical vesting schedule for RSUs, and how does the company communicate its long-term equity strategy and potential for share price appreciation to employees, especially given current analyst price targets?”

Community

Valuation Sentiment

Our model estimates -65% 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.