Raymond James has reiterated a Market Perform rating on Fastly Inc., maintaining its positive stance on the content delivery network provider. The stock has shown strong recent momentum, rising 17.3% over the past week. While no price target was provided, current analyst estimates range from $6 to $10, and InvestingPro suggests the stock may be undervalued at its $1.1 billion market cap. Raymond James highlights Fastly's expansion of self-service onboarding to support developer-led adoption as a key strategic move, aligning with product-led growth trends. Fastly also recently upgraded its stock rating from Hold to Buy by Craig-Hallum, citing strong financial performance, including year-over-year doubling of billings and growth in security and delivery sectors. The company announced leadership changes, appointing Richard Wong as Chief Financial Officer effective August 2025, Kip Compton as new Chief Executive Officer (succeeding Todd Nightingale), Albert Thong as Chief Marketing Officer, and Tara Seracka as Chief Legal Officer. Todd Nightingale will remain as an advisor until mid-2025 before joining Arista Networks. Piper Sandler maintained a Neutral rating amid these changes.

Raymond James has reiterated a Market Perform rating on Fastly Inc., maintaining its stance on the content delivery network provider. The stock has gained 17.3% in the past week, with analysts noting potential undervaluation at its $1.1 billion market cap. Fastly has also announced leadership changes, including new CEO Kip Compton, CFO Richard Wong, and CMO Albert Thong, alongside strategic shifts toward product-led growth.

Cloudflare reported Q2 2025 revenue of $512.3 million, a 28% year-over-year increase, driven by 27% growth in paying customers and strong customer retention. The company raised full-year 2025 revenue guidance to $2.115 billion, highlighting confidence in AI-driven demand. Its AI initiatives, including content monetization and agentic web infrastructure, position it as a leader in edge computing and AI-native infrastructure, outperforming competitors like Akamai, Fastly, and Amazon CloudFront.

The article highlights seven leading edge computing companies in 2025, emphasizing their roles in AI, 5G, cybersecurity, and real-time infrastructure. Key players include Nvidia, Qualcomm, Super Micro, Fastly, Edgewise Networks, Marvell, and Cloudflare, each with notable stock performance and technological advancements in edge computing.

The article highlights five under-the-radar SaaS companies—Phreesia, Duolingo, Blackline, Fastly, and Sprinklr—detailing their Q1 2025 financial performance, growth metrics, and strategic initiatives, emphasizing their potential for portfolio investment.