0850 ET - Fastly surges premarket after posting strong 4Q earnings and a robust 2026 guide, showing that "the business reset management has been pursuing is gaining traction," say Raymond James analysts Frank Louthan and Rob Palmisano. The company has started asking for revenue commitments from customers, which has given it a much higher degree of confidence in its guide, the analysts say. Fastly has also been cross-selling more aggressively, which is "driving improved relationships and deeper knowledge of customers' operations," according to the analysts. "The net result is an improved level of business across the board, particularly with the company's largest customers." Fastly jumps 41% premarket. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

February 12, 2026 08:50 ET (13:50 GMT)

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