NYSE:FSLY - Fastly Stock Price, Forecast & News

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

Fastly Inc (NYSE:FSLY) released its quarterly earnings data on Thursday, November, 7th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.18) by $0.05. The business had revenue of $49.80 million for the quarter, compared to analyst estimates of $48.29 million. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Fastly.

Fastly issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of $-0.54--0.51 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.58. The company issued revenue guidance of $$194-198 million, compared to the consensus revenue estimate of $$192.84 million.

12 brokers have issued 12-month price targets for Fastly's stock. Their forecasts range from $22.87 to $28.00. On average, they anticipate Fastly's share price to reach $25.49 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Fastly.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fastly.

Media coverage about FSLY stock has trended positive this week, according to InfoTrie. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastly earned a coverage optimism score of 2.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Fastly.

Fastly saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 4,970,000 shares, an increase of 10.4% from the September 30th total of 4,500,000 shares. Based on an average daily volume of 1,440,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 44.0% of the shares of the stock are sold short. View Fastly's Current Options Chain.

Some companies that are related to Fastly include Momo (MOMO), Trend Micro (TMICY), Mongodb (MDB), Dropbox (DBX), UBISOFT ENTMT S/ADR (UBSFY), Dynatrace (DT), Anaplan (PLAN), Paylocity (PCTY), Alteryx (AYX), HubSpot (HUBS), Nutanix (NTNX), Konami (KNMCY), SolarWinds (SWI), Avalara (AVLR) and National Instruments (NATI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Roku (ROKU), Okta (OKTA), Alibaba Group (BABA), Shopify (SHOP), Twilio (TWLO), Trade Desk (TTD), AbbVie (ABBV), salesforce.com (CRM) and Teladoc Health (TDOC).

(FSLY) raised $170 million in an IPO 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.

Fastly's lock-up period expired on Wednesday, November 13th. Fastly had issued 11,250,000 shares in its initial public offering on May 17th. The total size of the offering was $180,000,000 based on an initial share price of $16.00. Since the expiration of Fastly's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

Fastly's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Gilder Gagnon Howe & Co. LLC (0.60%), SG Americas Securities LLC (0.13%), Tenzing Global Management LLC (0.04%), State Street Corp (0.04%), Millennium Management LLC (0.03%) and Griffin Asset Management Inc. (0.03%). Company insiders that own Fastly stock include Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Michael Mathews, Qualified Master Fund L Abdiel, Sunil Dhaliwal, W Eric Carlborg and Wolfgang Maasberg. View Institutional Ownership Trends for Fastly.

FSLY stock was sold by a variety of institutional investors in the last quarter, including Stifel Financial Corp and Tower Research Capital LLC TRC. Company insiders that have sold Fastly company stock in the last year include Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Sunil Dhaliwal, W Eric Carlborg and Wolfgang Maasberg. View Insider Buying and Selling for Fastly.

FSLY stock was acquired by a variety of institutional investors in the last quarter, including Gilder Gagnon Howe & Co. LLC, SG Americas Securities LLC, Tenzing Global Management LLC, State Street Corp, Griffin Asset Management Inc., Oppenheimer & Co. Inc., Janney Montgomery Scott LLC and Millennium Management LLC. Company insiders that have bought Fastly stock in the last two years include Michael Mathews and Qualified Master Fund L Abdiel. View Insider Buying and Selling for Fastly.

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

One share of FSLY stock can currently be purchased for approximately $19.85.

Fastly has a market capitalization of $1.86 billion. View Additional Information About Fastly.

The official website for Fastly is http://www.fastly.com/.

Fastly's mailing address is 475 BRANNAN SUITE 300, SAN FRANCISCO CA, 94107. The company can be reached via phone at 415-525-3481 or via email at [email protected]