Fastly (FSLY) stock price jumps 72% after guidance as traders eye AI traffic and capex
Fastly shares surged about 72% in after-hours trading to $16.04 after forecasting 2026 revenue of $700 million to $720 million. The company reported fourth-quarter revenue of $172.6 million, beating analyst estimates. Remaining performance obligations rose 55% to $353.8 million. CFO Rich Wong cautioned that revenue remains tied to customer usage, which can fluctuate.