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NYSE:FSLY

Fastly (FSLY) Stock Price, News & Analysis

$8.20
+0.11 (+1.36%)
(As of 07/26/2024 ET)
Today's Range
$8.06
$8.32
50-Day Range
$6.99
$8.78
52-Week Range
$6.77
$25.87
Volume
2.04 million shs
Average Volume
2.51 million shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.69

Fastly MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
66.8% Upside
$13.69 Price Target
Short Interest
Bearish
11.91% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.16mentions of Fastly in the last 14 days
Based on 17 Articles This Week
Insider Trading
Selling Shares
$1.18 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.08) to ($0.94) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Computer And Technology Sector

189th out of 612 stocks

Prepackaged Software Industry

60th out of 202 stocks

FSLY stock logo

About Fastly Stock (NYSE:FSLY)

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. The company offers network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, privacy, and modern protocols and performance services; and video/ streaming solutions and services, including live streaming, video on demand, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, and compliance services; load balancing; image optimization; transport layer security (TLS), platform TLS, and certainly; and origin connect. It serves customers operating in digital publishing, media and entertainment, technology, online education, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

FSLY Stock Price History

FSLY Stock News Headlines

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FSLY Jul 2024 12.000 put (FSLY240726P00012000)
3 No-Brainer Stocks to Buy With $20 Right Now
This TSLA short trade is on a nine win hot streak
Most Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,207
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.69
High Stock Price Target
$25.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+66.8%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$-133,090,000.00
Pretax Margin
-25.26%

Debt

Sales & Book Value

Annual Sales
$505.99 million
Book Value
$7.49 per share

Miscellaneous

Free Float
127,483,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.13
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FSLY Stock Analysis - Frequently Asked Questions

How have FSLY shares performed this year?

Fastly's stock was trading at $17.80 on January 1st, 2024. Since then, FSLY shares have decreased by 53.9% and is now trading at $8.2050.
View the best growth stocks for 2024 here
.

How were Fastly's earnings last quarter?

Fastly, Inc. (NYSE:FSLY) issued its quarterly earnings results on Wednesday, May, 1st. The company reported ($0.28) EPS for the quarter, beating analysts' consensus estimates of ($0.30) by $0.02. The company earned $133.52 million during the quarter, compared to the consensus estimate of $133.01 million. Fastly had a negative trailing twelve-month return on equity of 15.82% and a negative net margin of 25.26%.

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

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

When did Fastly IPO?

Fastly (FSLY) raised $170 million in an 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 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.

Who are Fastly's major shareholders?

Fastly's top institutional shareholders include Bank of New York Mellon Corp (0.93%), Raymond James & Associates (0.15%), SG Americas Securities LLC (0.09%) and 180 Wealth Advisors LLC (0.04%). Insiders that own company stock include Artur Bergman, Todd Nightingale, Joshua Bixby, Ronald W Kisling, Brett Shirk, David Hornik, Christopher B Paisley, Richard Devon Daniels and Paul Luongo.
View institutional ownership trends
.

How do I buy shares of Fastly?

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

What other stocks do shareholders of Fastly own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fastly investors own include NVIDIA (NVDA), DocuSign (DOCU), Block (SQ), Shopify (SHOP), Tesla (TSLA), Zoom Video Communications (ZM) and Trade Desk (TTD).

This page (NYSE:FSLY) was last updated on 7/27/2024 by MarketBeat.com Staff

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