The recent downgrades and lowered price targets by multiple analysts indicate a bearish sentiment towards Fastly. The significant drop in the average price target from $17.67 to $10.08 suggests that analysts have reduced their expectations for the company's future performance. Additionally, Fastly's financial metrics, such as net margin, ROE, and ROA, are below industry averages, indicating challenges in profitability and returns. Despite notable revenue growth, these factors are likely to negatively impact the stock price in the short term.