Aug. 7 at 4:14 PM
$FSLY
Just finished the earnings call.
IMO Compton was less impressive with the specifics and Q&A than he’s been at other tech conferences but since this is also his first one, I’ll say he deserves a pass.
He’s also had a tough sell.
Simultaneously he needed to show Wall Street he’s positioning the co. for better returns in the future while also taking credit for some of the positive changes
$FSLY has already seen in 2025.
Imo the major roadblocks for Fastly’s share price right now comes down to 3 issues
1. U.S./China TikTok deal
Wall Street is going to be able to keep beating down rallies until the dust is settled and TikTok’s U.S. future (one that includes Fastly) is clear.
2. Regain Trust of Wall Street
Some WS analysts & investors were burned badly by the incompetent management of Todd “What’s Shareholder Value?” Nightingale in 2024 & are reluctant to put more capital to work given the macro. A new mgmt team is a good start but it’s not overnight
