capital · May 16, 2026
Fastly Stock Plunges 42% After Q1 Earnings
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Fastly shares fell 42% following Q1 2026 earnings released in early May 2026. The company reported revenue of $173 million up 20% year-over-year and raised 2026 guidance. Pricing erosion in Network Services remained in the mid-single-digit range. Shares have declined 21.7% over the past month compared to gains in Zscaler, Akamai and Cloudflare.
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