Fastly Stock Price, News & Analysis

Fastly's Q1 2025 Threat Insights Report reveals significant cybersecurity challenges, with commerce industry attacks doubling from 15% to 31% year-over-year. The report highlights that 37% of all internet traffic comes from bots, with 89% classified as unwanted. Commerce websites faced the highest proportion of unwanted bot traffic at 39%, while high technology organizations were the most targeted overall at 35% of observed attacks. The study, based on 6.5 trillion monthly requests across Fastly's security solutions protecting over 130,000 apps and APIs, also found that attempted logins using compromised passwords averaged 1.3 million daily in March 2025. The findings emphasize the growing importance of distinguishing between beneficial bot traffic, such as search engine crawlers (66% of wanted bots), and malicious automation that can lead to account takeovers, ad fraud, or data theft.

Cerby, a leading identity security automation platform, has secured a $40 million Series B funding round led by DTCP, with participation from Okta Ventures, Salesforce Ventures, and Two Sigma Ventures. The company plans to use the funding to expand its Cerby Application Network and scale operations in North America and EMEA regions.

Since its Series A round 20 months ago, Cerby has achieved remarkable growth, including a 10x increase in ARR and a 5x growth in customer base. The platform currently automates identity workflows across over 2,000 applications and supports more than 100 organizations worldwide, including major brands like L'Oréal, Fox, Allstate, Chime, and Dentsu.

Cerby's platform uniquely automates the full identity lifecycle for disconnected applications, working across Enterprise Password Management, Identity and Access Management, Identity Governance and Administration, and Privileged Access Management systems.

Fastly (NYSE: FSLY) has announced two key executive appointments to strengthen its leadership team. Tara Seracka joins as Chief Legal Officer, bringing nearly 20 years of experience in B2B SaaS and software businesses, previously serving as Senior Vice President and Deputy General Counsel at Cisco Systems. Albert Thong has been promoted to Chief Marketing Officer after successfully leading Fastly's Growth Marketing initiatives. Prior to Fastly, Thong held leadership positions at Check Point.

Both executives will focus on driving innovation and growth at Fastly. Seracka will lead the legal team in supporting product development and go-to-market strategies, while Thong will concentrate on building a marketing engine to accelerate growth and strengthen customer relationships for Fastly's Edge Cloud Platform.

Fastly (NYSE: FSLY) reported strong Q1 2025 financial results, with revenue reaching $144.5 million, up 8% year-over-year and exceeding guidance. The company generated positive free cash flow of $8.2 million, compared to -$2.2 million in Q1 2024. Revenue breakdown showed Network Services at $113.3M (+7% YoY), Security at $26.4M (+7% YoY), and Other revenue at $4.8M (+64% YoY). The enterprise customer count grew to 595, adding 18 customers YoY. However, GAAP net loss was $39.1M, with non-GAAP net loss at $6.6M. Based on strong performance, Fastly raised its 2025 guidance, projecting full-year revenue of $585-595M and reduced non-GAAP operating losses of $12-6M.

Fastly (NYSE: FSLY), a global edge cloud platforms leader, has scheduled its first quarter 2025 financial results announcement for Wednesday, May 7, 2025, after market close. The company will host an investor conference call at 1:30 p.m. PT / 4:30 p.m. ET to discuss the quarterly results.

Investors can access the live webcast through the company's investor relations website at investors.fastly.com under the 'Quarterly Results' section. For those joining by phone, dial-in numbers are 888-330-2022 (US/Canada) or 646-960-0690 (International) with Conference ID 7543239. A telephone replay will be available from 5:00 p.m. PT on May 7 through May 14, 2025.

Fastly (NYSE: FSLY) announced significant returns from its Application Security Solutions according to a commissioned Forrester Total Economic Impact™ study. The study revealed a 235% ROI over three years, with benefits totaling $6.04 million for a composite organization.

Key findings include a $3.7 million profit increase and 4% to 8% boost in sales conversion rates. The solution demonstrated a 3X increase in software development efficiency and a 30% reduction in security incidents. Organizations reached full blocking mode within 2-3 weeks, with a 25% reduction in false positives compared to traditional WAF products.

Fastly's Web Application and API Protection (WAAP) solutions, including Next-Gen WAF, Bot Management, API Security, and DDoS Protection, helped organizations improve site performance, enhance user engagement, and streamline operations while maintaining robust security measures.

Fastly (NYSE: FSLY) has announced significant updates to its DDoS Protection service, introducing new Attack Insights capabilities that provide real-time visibility into attack mitigation. The enhancement allows security teams to validate mitigation actions and protect applications and APIs from DDoS attacks more effectively.

The new features include:

• Events identification for individual DDoS attacks
• Event Details providing granular insights into attack attributes
• Rule Details exposing short-lived mitigation rules

The solution offers automatic threat mitigation without requiring tuning or security expertise, featuring predictable pricing with no fees for mitigated attack traffic. Yottaa's VP of Client Services, Ben Trafton, praised the solution's effectiveness and seamless operation. The Attack Insights feature is now available to Fastly DDoS Protection customers and can be enabled with one click through the control panel.

Fastly (NYSE: FSLY) has announced significant updates to its Bot Management solution, introducing three key features aimed at enhancing security while improving user experience. The update includes Dynamic Challenges, which reduces CAPTCHA dependency by applying intelligent verification methods, Advanced Client-Side Detection for identifying sophisticated bots with a single line of JavaScript code, and Compromised Credential Checking to combat account takeover attempts.

The new features allow organizations to maintain robust security without compromising user experience, addressing common issues like scraping, account takeovers, and spam. The solution automatically adjusts protection levels, allowing legitimate users to proceed smoothly while increasing difficulty for suspicious traffic. Kip Compton, Chief Product Officer at Fastly, emphasized that security teams no longer need to choose between blocking malicious bots and maintaining customer satisfaction.

Fastly (NYSE: FSLY) has released research showing that 93% of organizations implemented policy changes in the past year to address rising CISO liability concerns. 41% of companies increased CISO participation in board-level strategic decisions.

The changes come in response to new SEC regulations on cybersecurity risk management and increased focus on corporate accountability for data breaches. Key measures include:

• 38% increased scrutiny of security disclosure documentation
• 38% improved legal support for cybersecurity staff, including liability insurance
• Increased resource allocation to security

The research also revealed that 46% of organizations are unclear about ultimate cybersecurity incident responsibility, while only 36% have clearly defined roles and responsibilities within their teams. Fastly's CISO Marshall Erwin emphasizes the need for better regulatory standards and viewing accountability as a positive force for security improvement rather than just a legal shield.