Fastly (NYSE:FSLY) Releases Q2 2025 Earnings Guidance

Fastly (NYSE:FSLY - Get Free Report) updated its second quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of -0.080--0.040 for the period, compared to the consensus earnings per share estimate of -0.050. The company issued revenue guidance of $143.0 million-$147.0 million, compared to the consensus revenue estimate of $144.5 million. Fastly also updated its FY 2025 guidance to -0.130--0.070 EPS.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FSLY. Royal Bank Of Canada boosted their price objective on shares of Fastly from $5.00 to $6.00 and gave the company a "sector perform" rating in a research report on Thursday, May 8th. Oppenheimer began coverage on shares of Fastly in a report on Thursday, March 20th. They set a "market perform" rating on the stock. Piper Sandler upped their price target on shares of Fastly from $6.00 to $7.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. Morgan Stanley lifted their price objective on Fastly from $7.00 to $8.00 and gave the company an "equal weight" rating in a research report on Thursday, May 8th. Finally, KeyCorp upgraded Fastly to a "sector weight" rating in a research note on Thursday, June 5th. Ten analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $8.28.

Fastly Stock Performance

Shares of NYSE FSLY traded up $0.04 during trading hours on Thursday, hitting $6.89. 1,681,021 shares of the stock were exchanged, compared to its average volume of 3,097,432. The firm has a market capitalization of $996.19 million, a P/E ratio of -6.32 and a beta of 1.29. Fastly has a one year low of $4.65 and a one year high of $12.08. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.50 and a quick ratio of 1.50. The company's 50 day moving average is $6.95 and its 200 day moving average is $7.85.

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. The company had revenue of $144.47 million during the quarter, compared to analysts' expectations of $138.40 million. Fastly had a negative net margin of 27.73% and a negative return on equity of 12.29%. The business's quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.05) earnings per share. On average, research analysts expect that Fastly will post -0.78 EPS for the current year.

Insider Activity at Fastly

In other Fastly news, CEO Todd Nightingale sold 12,547 shares of the company's stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $7.19, for a total value of $90,212.93. Following the sale, the chief executive officer now directly owns 1,904,388 shares in the company, valued at $13,692,549.72. This represents a 0.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Ronald W. Kisling sold 12,000 shares of Fastly stock in a transaction on Monday, March 31st. The shares were sold at an average price of $6.32, for a total value of $75,840.00. Following the transaction, the chief financial officer now directly owns 671,035 shares of the company's stock, valued at approximately $4,240,941.20. The trade was a 1.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 177,283 shares of company stock worth $1,227,657 in the last 90 days. 6.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Fastly

Several institutional investors have recently added to or reduced their stakes in the company. Amundi increased its holdings in shares of Fastly by 11.3% during the first quarter. Amundi now owns 46,624 shares of the company's stock worth $277,000 after buying an additional 4,724 shares in the last quarter. AQR Capital Management LLC bought a new stake in Fastly during the 1st quarter worth approximately $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Fastly by 1.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company's stock valued at $2,950,000 after purchasing an additional 6,247 shares in the last quarter. Jones Financial Companies Lllp raised its position in Fastly by 963.6% in the 1st quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company's stock valued at $385,000 after purchasing an additional 55,118 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Fastly by 7.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company's stock valued at $14,573,000 after purchasing an additional 165,937 shares during the last quarter. 79.71% of the stock is owned by institutional investors.

About Fastly

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.