DA Davidson Estimates Fastly's Q2 Earnings (NYSE:FSLY)

Fastly, Inc. (NYSE:FSLY - Free Report) - Research analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of Fastly in a research note issued to investors on Thursday, May 8th. DA Davidson analyst R. Kessinger forecasts that the company will earn ($0.24) per share for the quarter. The consensus estimate for Fastly's current full-year earnings is ($0.78) per share. DA Davidson also issued estimates for Fastly's FY2025 earnings at ($0.83) EPS and FY2026 earnings at ($0.85) EPS.

Fastly (NYSE:FSLY - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.06) by $0.01. Fastly had a negative net margin of 29.07% and a negative return on equity of 12.75%. The firm had revenue of $144.47 million for the quarter, compared to analysts' expectations of $138.40 million. During the same quarter last year, the company earned ($0.05) EPS. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year.

FSLY has been the topic of a number of other research reports. Royal Bank of Canada raised their price objective on Fastly from $5.00 to $6.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. Oppenheimer started coverage on shares of Fastly in a research note on Thursday, March 20th. They issued a "market perform" rating for the company. Piper Sandler raised their price objective on shares of Fastly from $6.00 to $7.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Morgan Stanley raised their price objective on shares of Fastly from $7.00 to $8.00 and gave the stock an "equal weight" rating in a report on Thursday, May 8th. Finally, Citigroup lifted their target price on shares of Fastly from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Friday, January 17th. Nine analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $8.28.

Fastly Price Performance

FSLY stock traded down $0.08 during midday trading on Monday, reaching $7.97. The stock had a trading volume of 1,016,358 shares, compared to its average volume of 3,117,947. The company's fifty day simple moving average is $6.28 and its 200 day simple moving average is $7.95. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.36. The company has a market cap of $1.15 billion, a price-to-earnings ratio of -6.98 and a beta of 1.47. Fastly has a 52-week low of $4.65 and a 52-week high of $12.08.

Insiders Place Their Bets

In related news, CTO Artur Bergman sold 12,821 shares of the business's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $8.04, for a total value of $103,080.84. Following the sale, the chief technology officer now directly owns 3,374,012 shares in the company, valued at $27,127,056.48. The trade was a 0.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ronald W. Kisling sold 11,269 shares of the business's stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $8.04, for a total transaction of $90,602.76. Following the completion of the transaction, the chief financial officer now directly owns 508,543 shares of the company's stock, valued at $4,088,685.72. The trade was a 2.17% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 92,903 shares of company stock worth $692,827. Corporate insiders own 6.70% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FSLY. Alyeska Investment Group L.P. acquired a new position in shares of Fastly during the 4th quarter valued at about $35,334,000. Penserra Capital Management LLC boosted its stake in shares of Fastly by 83.1% during the 1st quarter. Penserra Capital Management LLC now owns 7,177,688 shares of the company's stock valued at $45,434,000 after buying an additional 3,256,629 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of Fastly during the 4th quarter valued at approximately $7,618,000. Point72 Asset Management L.P. bought a new position in Fastly during the fourth quarter worth $7,088,000. Finally, Two Sigma Investments LP lifted its stake in Fastly by 179.3% during the fourth quarter. Two Sigma Investments LP now owns 1,101,329 shares of the company's stock worth $10,397,000 after purchasing an additional 707,053 shares during the last quarter. Institutional investors and hedge funds own 79.71% of the company's stock.

Fastly Company Profile

Fastly, Inc operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.