NYSE:FSLYFastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, FSLY shares have increased by 453.4% and is now trading at $84.51. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fastly.

Fastly is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Fastly.

Fastly Inc (NYSE:FSLY) announced its earnings results on Wednesday, May, 6th. The company reported ($0.06) earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $0.11. The business had revenue of $63 million for the quarter, compared to the consensus estimate of $59.40 million. The firm's quarterly revenue was up 38.2% compared to the same quarter last year. View Fastly's earnings history.

Fastly issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of ($0.15)-($0.08) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.40). The company issued revenue guidance of $280-$290 million, compared to the consensus revenue estimate of $259.62 million.

8 Wall Street analysts have issued 1 year price objectives for Fastly's stock. Their forecasts range from $24.00 to $36.00. On average, they expect Fastly's share price to reach $30.63 in the next twelve months. This suggests that the stock has a possible downside of 63.8%. View analysts' price targets for Fastly.

Headlines about FSLY stock have trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing 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 closest to five being the most favorable. Fastly earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect 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), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), Okta (OKTA), ANSYS (ANSS), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP), Paycom Software (PAYC), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP) and Tableau Software (DATA). View all competitors.

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

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 $84.51.

Fastly has a market capitalization of $8.63 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]