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Fastly Announces New CEO Amid Leadership Transition

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Fastly Announces New CEO Amid Leadership Transition

Confident Investing Starts Here:

An announcement from Fastly ( (FSLY) ) is now available.

On June 13, 2025, Fastly, Inc. announced the resignation of Todd Nightingale as CEO and President, effective June 16, 2025, with his advisory role continuing until June 30, 2025. Charles ‘Kip’ Compton, previously the Chief Product Officer, has been appointed as the new CEO, bringing over 25 years of senior leadership experience in cloud, video, and networking. The transition is expected to strengthen Fastly’s business and maintain its strategic momentum, as Compton has been instrumental in accelerating the company’s portfolio strategy and growth. Fastly also reaffirmed its financial guidance for the second quarter and full year 2025.

The most recent analyst rating on (FSLY) stock is a Hold with a $7.00 price target. To see the full list of analyst forecasts on Fastly stock, see the FSLY Stock Forecast page.

Spark’s Take on FSLY Stock

According to Spark, TipRanks’ AI Analyst, FSLY is a Neutral.

Fastly’s overall stock score reflects revenue growth and a strong earnings call performance, with improved cash flow and guidance. However, profitability challenges, valuation issues, and geopolitical uncertainties pose significant risks.

To see Spark’s full report on FSLY stock, click here.

More about Fastly

Fastly, Inc. is a leader in global edge cloud platforms, providing powerful and programmable solutions that enhance online experiences through edge compute, delivery, security, and observability. The company’s platform is designed to improve site performance, enhance security, and empower innovation at a global scale, serving top brands such as Reddit, Neiman Marcus, Universal Music Group, and SeatGeek.

Average Trading Volume: 2,685,756

Technical Sentiment Signal: Sell

Current Market Cap: $1.02B

See more insights into FSLY stock on TipRanks’ Stock Analysis page.

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