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) posted its quarterly earnings data on Thursday, August, 8th. The company reported ($0.16) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.03. The company had revenue of $46.17 million for the quarter, compared to analysts' expectations of $45.31 million. The business's revenue for the quarter was up 34.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.20) earnings per share. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for Fastly.

Fastly issued an update on its first quarter earnings guidance on Thursday, February, 20th. The company provided earnings per share guidance of ($0.13) - $0.11) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.11). The company issued revenue guidance of $58-60 million, compared to the consensus revenue estimate of $58.14 million.

12 Wall Street analysts have issued 1-year price targets for Fastly's stock. Their forecasts range from $22.87 to $28.00. On average, they anticipate Fastly's stock price to reach $25.61 in the next twelve months. This suggests a possible upside of 23.8% 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 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fastly.

Headlines about FSLY stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastly earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Fastly.

Some companies that are related to Fastly include Anaplan (PLAN), Paylocity (PCTY), Trend Micro (TMICY), Nutanix (NTNX), Avalara (AVLR), Nuance Communications (NUAN), Cloudflare (NET), Momo (MOMO), RealPage (RP), Smartsheet (SMAR), National Instruments (NATI), SolarWinds (SWI), Elastic (ESTC), Konami (KNMCY) and Manhattan Associates (MANH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Roku (ROKU), Okta (OKTA), Trade Desk (TTD), Alibaba Group (BABA), Walt Disney (DIS), Shopify (SHOP), Twilio (TWLO), salesforce.com (CRM) 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 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's stock is owned by a number of of retail and institutional investors. Top institutional investors include Abdiel Capital Advisors LP (4.20%), FMR LLC (2.46%), Goldman Sachs Group Inc. (2.25%), FIL Ltd (0.93%), Alyeska Investment Group L.P. (0.27%) and Berylson Capital Partners LLC (0.24%). Company insiders that own Fastly stock include 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 State Street Corp and Benjamin F. Edwards & Company 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 for Fastly.

FSLY stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, FIL Ltd, Berylson Capital Partners LLC, Alyeska Investment Group L.P., Eaton Vance Management, Bank of America Corp DE and Creative Planning. 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 $20.69.

Fastly has a market capitalization of $1.94 billion and generates $200.46 million in revenue each year. 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]