Fastly Stock Price, Forecast & Analysis (NYSE:FSLY)

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

Fastly Inc (NYSE:FSLY) issued its earnings results on Thursday, August, 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.13) by $0.03. The company had revenue of $46.17 million for the quarter, compared to analyst estimates of $45.31 million. The business's revenue was up 34.0% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.20) EPS. 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 FY19 earnings guidance on Thursday, November, 7th. The company provided earnings per share (EPS) guidance of ($0.54)-($0.51) for the period, compared to the Thomson Reuters consensus estimate of ($0.58). The company issued revenue guidance of $194-198 million, compared to the consensus revenue estimate of $192.88 million.

12 equities research analysts have issued 12 month price targets for Fastly's stock. Their forecasts range from $22.87 to $28.00. On average, they expect Fastly's stock price to reach $25.49 in the next year. This suggests a possible upside of 19.9% 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 headlines about FSLY stock have been trending very positive recently, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Fastly earned a news sentiment score of 3.6 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Fastly.

Fastly saw a increase in short interest in 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 trading volume, of 1,440,000 shares, the short-interest ratio is currently 3.5 days. Approximately 44.0% of the company's stock are short sold. View Fastly's Current Options Chain.

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

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

(FSLY) raised $170 million in an initial public offering (IPO) on Friday, May 17th 2019. The company issued 11,300,000 shares at $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 IPO on May 17th. The total size of the offering was $180,000,000 based on an initial share price of $16.00. Shares of the company owned by major shareholders and company insiders are now eligible to be traded as a result of the expiration of the lock-up period.

Fastly's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include SG Americas Securities LLC (0.13%), Griffin Asset Management Inc. (0.03%), Oppenheimer & Co. Inc. (0.01%), Janney Montgomery Scott LLC (0.01%), Kovack Advisors Inc. (0.01%) and Creative Planning (0.01%). Company insiders that own Fastly stock include Adriel G Lares, Artur Bergman, August Capital Management Vi,, Joshua Bixby, Michael Mathews, Qualified Master Fund L Abdiel and Wolfgang Maasberg. View Institutional Ownership Trends for Fastly.

FSLY stock was sold by a variety of institutional investors in the last quarter, including 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,, Joshua Bixby and Wolfgang Maasberg. View Insider Buying and Selling for Fastly.

FSLY stock was bought by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, Griffin Asset Management Inc., Oppenheimer & Co. Inc., Janney Montgomery Scott LLC, Kovack Advisors Inc., Creative Planning, Focused Wealth Management Inc and Benjamin F. Edwards & Company Inc.. 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 $21.25.

Fastly has a market capitalization of $1.99 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]