Fastly Stock Forecast, Price & News

$54.53
-2.92 (-5.08 %)
(As of 06/15/2021 04:39 PM ET)
Add
Compare
Today's Range
$54.26
$58.10
50-Day Range
$39.98
$71.92
52-Week Range
$39.47
$136.50
Volume4.15 million shs
Average Volume4.99 million shs
Market Capitalization$5.77 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.11
30 days | 90 days | 365 days | Advanced Chart
Receive FSLY News and Ratings via Email

Sign-up to receive the latest news and ratings for Fastly and its competitors with MarketBeat's FREE daily newsletter.


Fastly logo

About Fastly

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery. The company offers [email protected]; developer hub that includes solution library patterns and recipes, API and language references, change logs, and Fastly Fiddle solutions; device detection and geolocation, edge dictionaries, edge access control lists, and edge authentication services; full site delivery services, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, real-time logging and stats, and cloud optimizer services; and streaming solutions and services, including live streaming, media shield, and origin connect. It also provides edge security solutions, such as DDoS protection, edge web application firewall (WAF), transport layer security (TLS), platform TLS, and compliance services; unified web application and API protection solutions that includes runtime self-application protection, advanced rate limiting, API protection, account takeover protection, bot management, and next generation WAF. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and managed edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail, travel and hospitality, and financial technology services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was founded in 2011 and is headquartered in San Francisco, California.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.06 out of 5 stars

Computer And Technology Sector

70th out of 1,586 stocks

Prepackaged Software Industry

17th out of 311 stocks

Analyst Opinion: 3.9Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.6 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Fastly (NYSE:FSLY) Frequently Asked Questions

Is Fastly a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 4 sell ratings, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Fastly stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSLY, but not buy additional shares or sell existing shares.
View analyst ratings for Fastly
or view top-rated stocks.

What stocks does MarketBeat like better than Fastly?

Wall Street analysts have given Fastly a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Fastly wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Fastly's next earnings date?

Fastly is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Fastly
.

How were Fastly's earnings last quarter?

Fastly, Inc. (NYSE:FSLY) released its quarterly earnings data on Wednesday, May, 5th. The company reported ($0.39) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.29) by $0.10. The firm had revenue of $84.85 million for the quarter, compared to the consensus estimate of $85.15 million. Fastly had a negative trailing twelve-month return on equity of 14.53% and a negative net margin of 43.04%.
View Fastly's earnings history
.

How has Fastly's stock price been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, FSLY shares have increased by 257.1% and is now trading at $54.53.
View which stocks have been most impacted by COVID-19
.

What guidance has Fastly issued on next quarter's earnings?

Fastly updated its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided earnings per share (EPS) guidance of -0.440--0.350 for the period, compared to the Thomson Reuters consensus estimate of $-0.390. The company issued revenue guidance of $380 million-$390 million, compared to the consensus revenue estimate of $381.52 million.

What price target have analysts set for FSLY?

14 Wall Street analysts have issued 1 year target prices for Fastly's stock. Their forecasts range from $47.00 to $95.00. On average, they expect Fastly's stock price to reach $71.69 in the next year. This suggests a possible upside of 31.5% from the stock's current price.
View analysts' price targets for Fastly
or view top-rated stocks among Wall Street analysts.

Who are Fastly's key executives?

Fastly's management team includes the following people:
  • Mr. Artur Bergman, Co-Founder, Exec. Chairman & Chief Architect (Age 41, Pay $504.05k)
  • Mr. Joshua Bixby, CEO & Director (Age 43, Pay $425k)
  • Mr. Paul Luongo, Gen. Counsel & Sr. VP of Trust (Age 49, Pay $465.34k)
  • Mr. Adriel G. Lares, Chief Financial Officer (Age 48)
  • Mr. Bill Kaufmann, Chief Operations Officer
  • Mr. Tyler McMullen, Chief Technology Officer
  • Ms. Maria Salazar Lukens, VP of Investor Relations
  • Ms. Dana Wolf, Sr. VP of Product & Marketing
  • Ms. Erica Perkins, VP of People
  • Ms. Doniel N. Sutton, Chief People Officer (Age 47)

What is Joshua Bixby's approval rating as Fastly's CEO?

16 employees have rated Fastly CEO Joshua Bixby on Glassdoor.com. Joshua Bixby has an approval rating of 100% among Fastly's employees. This puts Joshua Bixby in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Fastly's key competitors?

What other stocks do shareholders of Fastly own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), DocuSign (DOCU), Square (SQ), Shopify (SHOP), Tesla (TSLA), Zoom Video Communications (ZM), The Trade Desk (TTD), CrowdStrike (CRWD), Teladoc Health (TDOC) and Twilio (TWLO).

When did Fastly IPO?

(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 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.

What is Fastly's stock symbol?

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

Who are Fastly's major shareholders?

Fastly's stock is owned by many different institutional and retail investors. Top institutional shareholders include Morgan Stanley (12.35%), Abdiel Capital Advisors LP (10.73%), BlackRock Inc. (3.62%), Allianz Asset Management GmbH (2.67%), Sumitomo Mitsui Trust Holdings Inc. (1.62%) and Nikko Asset Management Americas Inc. (1.62%). Company insiders that own Fastly stock include Abdiel Capital Management, Llc, Adriel G Lares, Artur Bergman, August Capital Management Vi,, Christopher B Paisley, 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
.

Which major investors are selling Fastly stock?

FSLY stock was sold by a variety of institutional investors in the last quarter, including Bank Julius Baer & Co. Ltd Zurich, Allianz Asset Management GmbH, Must Asset Management Inc., Man Group plc, Gilder Gagnon Howe & Co. LLC, Mirae Asset Global Investments Co. Ltd., Brevan Howard Capital Management LP, and Treasurer of the State of North Carolina. Company insiders that have sold Fastly company stock in the last year include Adriel G Lares, Artur Bergman, Christopher B Paisley, Joshua Bixby, Kelly Wright, Paul Luongo, and Sunil Dhaliwal.
View insider buying and selling activity for Fastly
or view top insider-selling stocks.

Which major investors are buying Fastly stock?

FSLY stock was acquired by a variety of institutional investors in the last quarter, including Abdiel Capital Advisors LP, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., ARK Investment Management LLC, Morgan Stanley, Citigroup Inc., Thrivent Financial for Lutherans, and Barclays PLC. 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
or or view top insider-buying stocks.

How do I buy shares of Fastly?

Shares of FSLY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastly's stock price today?

One share of FSLY stock can currently be purchased for approximately $54.53.

How much money does Fastly make?

Fastly has a market capitalization of $5.77 billion and generates $290.87 million in revenue each year. The company earns $-95,930,000.00 in net income (profit) each year or ($0.80) on an earnings per share basis.

How many employees does Fastly have?

Fastly employs 993 workers across the globe.

What is Fastly's official website?

The official website for Fastly is www.fastly.com.

Where are Fastly's headquarters?

Fastly is headquartered at 475 BRANNAN SUITE 300, SAN FRANCISCO CA, 94107.

How can I contact Fastly?

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]


This page was last updated on 6/15/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.