Fastly: The Rebound Rally Is Here, And It's Just Getting Started

Gary Alexander33.33K FollowersFollow5ShareSavePlay(8min)CommentsSummaryFastly has staged a dramatic turnaround, with shares nearly doubling YTD and Q4 results highlighting accelerating revenue and improved customer expansion.FSLY is evolving from a pure CDN to a full-stack internet services provider, leveraging AI-driven compute and observability offerings for future growth.Enterprise traction is strengthening, offsetting churn in smaller accounts, with blue-chip customers like JetBlue, Duolingo, and Wayfair anchoring expansion.I reiterate a buy rating, as FSLY's margin expansion, robust backlog, and AI tailwinds support further upside from still-low valuations. TU IS/iStock via Getty Images If any investors are looking at the so-called "SaaSpocalypse" and are afraid that once growth stocks lose momentum they can never recover, Fastly, Inc. (FSLY) is a great example of the opposite. The content delivery network (CDN) was one of the hottestThis article was written byGary Alexander33.33K FollowersFollowWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood.Analyst’s Disclosure: I/we have a beneficial long position in the shares of FSLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.