Fastly is trading at $28.03, up +10.83%, after Oppenheimer upgraded the stock to Outperform.

  • Oppenheimer set a $35 price target, citing growing contract values, security-product cross-selling, and early monetization of agentic AI traffic.
  • The firm expects Q3 revenue near the high end of its guidance range.
  • Shares have risen sharply from Thursday’s $25.29 close.