I’ve been following Fastly (FSLY) since their IPO hype in 2019, and honestly, I’m starting to wonder if the whole edge computing narrative is just another tech bubble waiting to pop. Sure, they’ve got partnerships with big names like Pinterest and grown revenue to $500M+ last year, but with net losses piling up and competition from Akamai and Cloudflare eating their lunch, is this stock really positioned for a turnaround in 2024? Analysts keep throwing around “buy” ratings based on AI-driven traffic surges, but I’ve seen this playbook before-remember the dot-com era? What’s the real moat here beyond buzzwords? Anyone crunching the numbers on their path to profitability, or am I just being too cynical after holding through those 80% drops?
