Fastly, Inc. Hits New 52-Week High of $28.97, Up 277% Year-Over-Year

Fastly, Inc., a small-cap player in the Computers - Software & Consulting industry, has reached a significant milestone by hitting a new 52-week high of USD 28.97 on March 24, 2026. This achievement marks a remarkable turnaround for the company, which has seen its stock price soar by 277.07% over the past year, significantly outperforming the S&P 500's gain of 13.68%. With a market capitalization of USD 3,460 million, Fastly has positioned itself as a notable entity within its sector. Despite being loss-making, the company maintains a low debt-to-equity ratio of 0.03, indicating a conservative approach to leveraging. However, its return on equity stands at -13.12%, reflecting ongoing challenges in profitability. The stock's price-to-book ratio is currently at 3.72, suggesting that investors are valuing the company at a premium relative to its book value. As Fastly continues to navigate the competitive landscape of software and consulting, this new high underscores its recent performance and market dynamics.