What is DA Davidson's Forecast for Fastly Q3 Earnings?

Key Points

• DA Davidson has forecasted Fastly's Q3 2025 earnings per share at ($0.16), while the consensus estimate for the full year is ($0.78) per share.
• Fastly's recent quarterly results exceeded expectations, reporting earnings of ($0.03) per share and revenue of $148.71 million, reflecting a 12.3% increase from the same quarter last year.
• Analysts have varied ratings on Fastly, with a consensus rating of "Hold" and a target price reaching up to $10.00 following recent upgrades by several firms.

Fastly, Inc. (NYSE:FSLY - Free Report) - DA Davidson issued their Q3 2025 earnings per share (EPS) estimates for Fastly in a research report issued to clients and investors on Thursday, August 7th. DA Davidson analyst R. Kessinger expects that the company will post earnings per share of ($0.16) for the quarter. The consensus estimate for Fastly's current full-year earnings is ($0.78) per share.

A number of other brokerages also recently issued reports on FSLY. Morgan Stanley increased their price target on Fastly from $7.00 to $8.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 8th. Royal Bank Of Canada increased their price target on Fastly from $6.00 to $7.00 and gave the stock a "sector perform" rating in a research report on Thursday. Piper Sandler increased their price target on Fastly from $6.00 to $7.00 and gave the stock a "neutral" rating in a research report on Thursday, May 8th. KeyCorp upgraded Fastly to a "sector weight" rating in a research report on Thursday, June 5th. Finally, Craig Hallum upgraded Fastly from a "hold" rating to a "buy" rating and set a $10.00 price target on the stock in a research report on Thursday. Nine investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $8.69.

Fastly Stock Performance

Fastly stock traded down $0.46 during midday trading on Friday, hitting $7.00. 3,623,933 shares of the company were exchanged, compared to its average volume of 2,650,578. The firm has a market capitalization of $1.03 billion, a PE ratio of -6.80 and a beta of 1.19. Fastly has a fifty-two week low of $4.65 and a fifty-two week high of $12.08. The business has a fifty day simple moving average of $7.09 and a two-hundred day simple moving average of $7.19. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.50 and a current ratio of 1.49.

Fastly (NYSE:FSLY - Get Free Report) last posted its earnings results on Wednesday, August 6th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. The firm had revenue of $148.71 million for the quarter, compared to analyst estimates of $144.86 million. Fastly had a negative return on equity of 11.98% and a negative net margin of 25.85%. Fastly's revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period last year, the company earned ($0.07) earnings per share.

Hedge Funds Weigh In On Fastly

Institutional investors have recently added to or reduced their stakes in the stock. Banque Transatlantique SA purchased a new position in Fastly during the first quarter worth approximately $38,000. GAMMA Investing LLC lifted its position in Fastly by 451.7% during the first quarter. GAMMA Investing LLC now owns 7,261 shares of the company's stock worth $46,000 after buying an additional 5,945 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in Fastly during the first quarter worth approximately $52,000. Acadian Asset Management LLC purchased a new position in Fastly during the first quarter worth approximately $78,000. Finally, Canada Pension Plan Investment Board purchased a new position in Fastly during the fourth quarter worth approximately $82,000. Hedge funds and other institutional investors own 79.71% of the company's stock.

Insider Activity

In other news, CFO Ronald W. Kisling sold 12,000 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $7.41, for a total value of $88,920.00. Following the transaction, the chief financial officer owned 635,053 shares in the company, valued at $4,705,742.73. This trade represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CRO Scott R. Lovett sold 127,608 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $6.95, for a total value of $886,875.60. Following the completion of the transaction, the executive owned 1,287,145 shares in the company, valued at approximately $8,945,657.75. This trade represents a 9.02% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 162,124 shares of company stock worth $1,138,628 over the last quarter. 6.70% of the stock is currently owned by corporate insiders.

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.