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S&P 500   4,299.70
DOW   33,666.34
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Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
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The Justice Department Is Suing eBay, Alleging Unlawful Sales of Over 371,000 Products
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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Is NVIDIA Leading a "Magnificent Seven Bubble"? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
Are "The Magnificent Seven" the Next Sears? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
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Are "The Magnificent Seven" the Next Sears? (Ad)
The Justice Department Is Suing eBay, Alleging Unlawful Sales of Over 371,000 Products
3 Reasons Micron is a Buy on Market Weakness
S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
Is NVIDIA Leading a "Magnificent Seven Bubble"? (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
Are "The Magnificent Seven" the Next Sears? (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Liverpool owner FSG announces minority investment by New York equity firm
Are "The Magnificent Seven" the Next Sears? (Ad)
The Justice Department Is Suing eBay, Alleging Unlawful Sales of Over 371,000 Products
3 Reasons Micron is a Buy on Market Weakness

Fastly (FSLY) Stock Forecast, Price & News

$18.73
+0.41 (+2.24%)
(As of 09/28/2023 ET)
Compare
Today's Range
$18.09
$19.40
50-Day Range
$16.44
$24.11
52-Week Range
$7.15
$24.31
Volume
2.54 million shs
Average Volume
2.16 million shs
Market Capitalization
$2.42 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.83

Fastly MarketRank™ Forecast

Analyst Rating
Hold
2.10 Rating Score
Upside/​Downside
10.1% Downside
$16.83 Price Target
Short Interest
Bearish
10.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
-0.28mentions of Fastly in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$7.81 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.32) to ($1.16) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.22 out of 5 stars

Computer And Technology Sector

580th out of 599 stocks

Prepackaged Software Industry

199th out of 208 stocks


FSLY stock logo

About Fastly (NYSE:FSLY) Stock

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. It is a programmable platform designed for web and application delivery. The company offers Compute@Edge; network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability, and modern protocols and performance services; and streaming solutions and services, including live streaming and media shield. It also provides edge security solutions, such as DDoS protection, next-gen WAF, bot protection, API and ATO protection, advanced rate limiting, and compliance services; transport layer security (TLS) and platform TLS; and origin connect. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail and education, SaaS, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

FSLY Price History

FSLY Stock News Headlines

U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Fastly (NYSE:FSLY) Trading Down 5.1% on Insider Selling
Analyzing Fastly (NYSE:FSLY) and China Digital TV (OTCMKTS:STVVY)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Momentum Is Now On Fastly's Side
Check Out What Whales Are Doing With FSLY
Robert W. Baird Keeps Their Hold Rating on Fastly (FSLY)
This Is What Whales Are Betting On Fastly
Why Fastly Popped 19% This Week
Fastly: Don't Get Too Excited
Why Fastly Stock Jumped on Thursday
See More Headlines
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FSLY Company Calendar

Last Earnings
8/02/2023
Today
9/29/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,112
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$16.83
High Stock Price Forecast
$26.50
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
-10.1%
Consensus Rating
Hold
Rating Score (0-4)
2.10
Research Coverage
10 Analysts

Profitability

Net Income
$-190,770,000.00
Pretax Margin
-35.31%

Debt

Sales & Book Value

Annual Sales
$432.73 million
Book Value
$7.77 per share

Miscellaneous

Free Float
119,381,000
Market Cap
$2.42 billion
Optionable
Optionable
Beta
1.21
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Key Executives

  • Mr. Todd Nightingale (Age 43)
    CEO & Director
    Comp: $1.34M
  • Mr. Artur  BergmanMr. Artur Bergman (Age 43)
    Co-Founder, Chief Architect & Director
    Comp: $479.63k
  • Mr. Ronald W. KislingMr. Ronald W. Kisling (Age 62)
    Chief Financial Officer
    Comp: $601.17k
  • Mr. Brett  ShirkMr. Brett Shirk (Age 56)
    Chief Revenue Officer
    Comp: $1.34M
  • Mr. Bill Kaufmann
    Chief Operations Officer
  • Mr. Tyler McMullen
    Chief Technology Officer
  • Mr. Vernon P. Essi Jr.
    Head of IR
  • Ms. Karen Greenstein
    Gen. Counsel
  • Mr. Peter Alexander
    Chief Marketing Officer
  • Ms. Puja Jaspal
    Chief People Officer













FSLY Stock - Frequently Asked Questions

Should I buy or sell Fastly stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FSLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSLY, but not buy additional shares or sell existing shares.
View FSLY analyst ratings
or view top-rated stocks.

What is Fastly's stock price forecast for 2023?

10 Wall Street research analysts have issued 1-year price targets for Fastly's stock. Their FSLY share price forecasts range from $10.00 to $26.50. On average, they anticipate the company's stock price to reach $16.83 in the next year. This suggests that the stock has a possible downside of 10.1%.
View analysts price targets for FSLY
or view top-rated stocks among Wall Street analysts.

How have FSLY shares performed in 2023?

Fastly's stock was trading at $8.19 at the beginning of 2023. Since then, FSLY stock has increased by 128.7% and is now trading at $18.73.
View the best growth stocks for 2023 here
.

When is Fastly's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our FSLY earnings forecast
.

How were Fastly's earnings last quarter?

Fastly, Inc. (NYSE:FSLY) released its quarterly earnings data on Wednesday, August, 2nd. The company reported ($0.32) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.36) by $0.04. The company had revenue of $122.83 million for the quarter, compared to analysts' expectations of $118.69 million. Fastly had a negative net margin of 35.34% and a negative trailing twelve-month return on equity of 18.05%.

What guidance has Fastly issued on next quarter's earnings?

Fastly issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of -$0.09--$0.07 for the period, compared to the consensus estimate of -$0.05. The company issued revenue guidance of $125.00 million-$128.00 million, compared to the consensus revenue estimate of $126.14 million.

What is Joshua Bixby's approval rating as Fastly's CEO?

16 employees have rated Fastly Chief Executive Officer Joshua Bixby on Glassdoor.com. Joshua Bixby has an approval rating of 100% among the company's employees. This puts Joshua Bixby in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Fastly own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), DocuSign (DOCU), Block (SQ), Shopify (SHOP), Tesla (TSLA), Zoom Video Communications (ZM), Trade Desk (TTD), CrowdStrike (CRWD), Teladoc Health (TDOC) and Twilio (TWLO).

When did Fastly IPO?

(FSLY) raised $170 million in an initial public offering on Friday, May 17th 2019. The company issued 11,300,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Credit Suisse and Citigroup acted as the underwriters for the IPO and William Blair, Raymond James, Baird, Oppenheimer, Craig-Hallum Capital Group and D.A. Davidson & Co. were co-managers.

What is Fastly's stock symbol?

Fastly trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSLY."

How do I buy shares of Fastly?

Shares of FSLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastly's stock price today?

One share of FSLY stock can currently be purchased for approximately $18.73.

How much money does Fastly make?

Fastly (NYSE:FSLY) has a market capitalization of $2.42 billion and generates $432.73 million in revenue each year. The company earns $-190,770,000.00 in net income (profit) each year or ($1.34) on an earnings per share basis.

How many employees does Fastly have?

The company employs 1,112 workers across the globe.

How can I contact Fastly?

Fastly's mailing address is 475 BRANNAN SUITE 300, SAN FRANCISCO CA, 94107. The official website for the company is www.fastly.com. The company can be reached via phone at (844) 432-7859 or via email at ir@fastly.com.

This page (NYSE:FSLY) was last updated on 9/29/2023 by MarketBeat.com Staff

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