NYSE:FSLY - Fastly Stock Price, News & Analysis

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

Fastly Inc (NYSE:FSLY) released its quarterly earnings results on Thursday, August, 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.03. The business had revenue of $46.17 million for the quarter, compared to the consensus estimate of $45.31 million. Fastly's revenue for the quarter was up 34.0% on a year-over-year basis. During the same period last year, the business earned ($0.20) EPS. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Fastly.

Fastly issued an update on its FY19 earnings guidance on Thursday, August, 8th. The company provided earnings per share (EPS) guidance of ($0.59-0.51) for the period, compared to the Thomson Reuters consensus estimate of ($0.51). The company issued revenue guidance of $191-195 million, compared to the consensus revenue estimate of $191.28 million.

12 brokers have issued twelve-month price objectives for Fastly's shares. Their predictions range from $21.00 to $28.00. On average, they anticipate Fastly's share price to reach $25.0336 in the next year. This suggests a possible upside of 0.1% 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 positive on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fastly earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Fastly.

Some companies that are related to Fastly include Docusign (DOCU), PTC (PTC), Guidewire Software (GWRE), Anaplan (PLAN), Dropbox (DBX), Micro Focus International (MFGP), Dynatrace (DT), Trend Micro (TMICY), Momo (MOMO), Avalara (AVLR), Elastic (ESTC), FalconStor Software (FALC), RealPage (RP), Konami (KNMCY) and Paylocity (PCTY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include Alibaba Group (BABA), Cisco Systems (CSCO), Home Depot (HD), Johnson & Johnson (JNJ), Verizon Communications (VZ), NVIDIA (NVDA), Okta (OKTA), Workday (WDAY), salesforce.com (CRM) and Shopify (SHOP).

(FSLY) raised $170 million in an initial public offering 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 expires 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. After the end of Fastly's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Fastly's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Abdiel Capital Advisors LP (2.48%), Waddell & Reed Financial Inc. (1.24%), Putnam Investments LLC (1.13%), Vanguard Group Inc. (1.13%), BlackRock Inc. (0.67%) and Whale Rock Capital Management LLC (0.33%). View Institutional Ownership Trends for Fastly.

FSLY stock was acquired by a variety of institutional investors in the last quarter, including Abdiel Capital Advisors LP, Waddell & Reed Financial Inc., Putnam Investments LLC, Vanguard Group Inc., BlackRock Inc., Whale Rock Capital Management LLC, Landscape Capital Management L.L.C. and UBS Oconnor LLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of FSLY stock can currently be purchased for approximately $25.00.

Fastly has a market capitalization of $2.34 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]