NYSE:FSLYFastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FSLY shares have increased by 487.0% and is now trading at $89.64.
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10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 3 sell ratings, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Fastly is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
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Fastly Inc (NYSE:FSLY) released its earnings results on Wednesday, August, 5th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.09.
View Fastly's earnings history.

Fastly issued an update on its FY20 earnings guidance on Wednesday, August, 5th. The company provided earnings per share (EPS) guidance of $(0.06)-(0.01) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.13). The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $287.28 million.

10 brokerages have issued 1 year target prices for Fastly's shares. Their forecasts range from $24.00 to $105.00. On average, they anticipate Fastly's stock price to reach $67.11 in the next year. This suggests that the stock has a possible downside of 25.1%.
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Media headlines about FSLY stock have been trending very positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastly earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next few days.
View the latest news about Fastly.

Some companies that are related to Fastly include Twilio (TWLO), Splunk (SPLK), Cadence Design Systems (CDNS), Synopsys (SNPS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Crowdstrike (CRWD), Atlassian (TEAM), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP), Citrix Systems (CTXS), Paycom Software (PAYC) and SS&C Technologies (SSNC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Trade Desk (TTD), Alibaba Group (BABA), Roku (ROKU), Walt Disney (DIS), Shopify (SHOP), Zoom Video Communications (ZM), Twilio (TWLO), salesforce.com (CRM) and Teladoc Health (TDOC).

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

Fastly's stock is owned by a number of retail and institutional investors. Top institutional investors include First Trust Advisors LP (2.09%), Swiss National Bank (0.15%), Miracle Mile Advisors LLC (0.06%), Raymond James Financial Services Advisors Inc. (0.04%), Russell Investments Group Ltd. (0.04%) and Calamos Advisors LLC (0.04%). Company insiders that own Fastly stock include Abdiel Capital Management, Llc, Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Kelly Wright, Michael Mathews, Paul Luongo, 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 Raymond James Financial Services Advisors Inc., Hamilton Lane Advisors LLC, Relyea Zuckerberg Hanson LLC, Sage Rhino Capital LLC, Banque Cantonale Vaudoise, Perigon Wealth Management LLC, Endurance Wealth Management Inc., and Winslow Evans & Crocker Inc.. 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, Kelly Wright, Paul Luongo, Sunil Dhaliwal, W Eric Carlborg, and Wolfgang Maasberg.
View insider buying and selling activity for Fastly.

FSLY stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Swiss National Bank, Miracle Mile Advisors LLC, Russell Investments Group Ltd., Calamos Advisors LLC, CHURCHILL MANAGEMENT Corp, Comerica Bank, and Mackay Shields LLC. Company insiders that have bought Fastly stock in the last two years include Abdiel Capital Management, Llc, Michael Mathews, and Qualified Master Fund L Abdiel.
View insider buying and selling activity 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 $89.64.

Fastly has a market capitalization of $9.15 billion and generates $200.46 million in revenue each year.

The official website for Fastly is 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]