Screened 2026-08-26 · the tape above runs as of 22:12 UTC · 11 Sep · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Fastly, Inc. holds its Distribution at $23.29. Consolidating, no directional conviction, held for 14 days.
As held on the ledger · 2026-08-26
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 14 days
Price at the screen
$23.29
Valuation
N/A trailing · 39.89 forward price to earnings
Values screen
PASS· score 70.0
Beta
0.36
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
28.69%
Below 33%
Interest-bearing debt is just 28.7% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
12.08%
Below 33%
Cash held in interest-bearing accounts and securities is 12.1% of assets, under the one-third limit.
Pass
Receivables
19.91%
Below 49%
Money owed to the company is 19.9% of assets, under the 49% limit.
Pass
Revenue purity
1.97%
Below 5%
Only 2.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-08-26 screen. The gold marker is the market price at the same screen. The price runs 10.5% above the base estimate.
Third-party analyst targets: 10 covering, consensus Buy. The average target sits +18% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-08-26 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Edge platform still paying for growth
Picture a developer pushing code live and needing it to load instantly in Tokyo or Berlin without a central server bottleneck. Fastly built the pipes for that kind of speed, yet the business still burns cash while revenue grows only 20 percent. At 52.5 times forward earnings the market is paying a premium for a company that posted a 16 percent negative profit margin and negative 11 percent return on equity.
We pass because the numbers do not support the price. Fair value sits 21 percent below the current level and the opportunity rating is none, even though the ethical screen clears. High multiples on unprofitable growth leave little room for the execution slips common in this corner of infrastructure software.
The main risks are continued losses and the chance that bigger cloud providers simply absorb the edge workload. Analyst targets sit higher, yet those forecasts have not yet translated into sustainable returns for shareholders. Analysis, not advice.
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
FSLY trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-08-30Markup$23.29+12.4%Entry 5
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 12.4% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 19% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 127%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (8 analysts) rates it buy, with a mean price target of $24.
2026-07-30Markup · changed$20.72+11.7%Entry 4
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 11.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 19% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 127%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (8 analysts) rates it buy, with a mean price target of $24.
2026-07-18Distribution$18.55+0.0%Entry 3
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 19% above its long-term trend line with momentum reading bearish. Over the past year the shares are up 127%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (8 analysts) rates it buy, with a mean price target of $24.
2026-07-03Distribution$18.55+0.0%Entry 2
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02Distribution$18.55Entry 1
The framework reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.