RBC Capital Keeps a Sector Perform Rating on Fastly, Inc. (FSLY)

Fastly, Inc. (NASDAQ:FSLY) is among the 12 Best Performing Stocks in February.

On March 2, RBC Capital boosted Fastly, Inc. (NASDAQ:FSLY)’s price objective to $20 from $12 while maintaining a Sector Perform rating. The analyst noted improved execution and potential multiple expansion after holding investor meetings with the company's management team.

On February 25, 2026, Fastly, Inc. (NASDAQ:FSLY) released its fourth annual Global Security Research Report, which examined cybersecurity concerns faced by AI-first enterprises. The research found that companies that integrate AI into core operations take roughly seven months on average to recover from cybersecurity incidents, which is around 80 days longer than non-AI-first firms. These firms also face breaches that cost more than 135% higher than others. Nearly 44% of AI-first participants said that attackers used AI in their most recent security incident, compared to 6% of non-AI-first firms. According to Fastly CISO Marshall Erwin, fast AI adoption necessitates the simultaneous modernization of security infrastructure to handle expanding attack surfaces and increased operational risks.

Fastly, Inc. (NASDAQ:FSLY) offers real-time content delivery network services. It provides edge compute, edge delivery, edge security, edge applications, including load balancing and image optimization, video on demand, and managed edge delivery.

While we acknowledge the potential of FSLY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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