NYSE:FSLYFastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FSLY shares have increased by 390.9% and is now trading at $74.96.
View which stocks have been most impacted by COVID-19.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 3 sell ratings, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Fastly.

Fastly is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Fastly.

Fastly Inc (NYSE:FSLY) announced its quarterly earnings data on Wednesday, August, 5th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.09.
View Fastly's earnings history.

Fastly issued an update on its FY20 earnings guidance on Wednesday, August, 5th. The company provided earnings per share (EPS) guidance of $(0.06)-(0.01) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.13). The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $287.28 million.

10 brokerages have issued twelve-month target prices for Fastly's shares. Their forecasts range from $24.00 to $105.00. On average, they expect Fastly's share price to reach $67.11 in the next twelve months. This suggests that the stock has a possible downside of 10.5%.
View analysts' price targets for Fastly.

Media headlines about FSLY stock have trended extremely negative on Thursday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastly earned a news impact score of -4.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about Fastly.

Fastly saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,070,000 shares, an increase of 19.5% from the April 30th total of 2,570,000 shares. Based on an average trading volume of 3,150,000 shares, the days-to-cover ratio is currently 1.0 days.
View Fastly's Short Interest.

Some companies that are related to Fastly include Splunk (SPLK), Cadence Design Systems (CDNS), Synopsys (SNPS), ANSYS (ANSS), Okta (OKTA), Datadog (DDOG), Crowdstrike (CRWD), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Citrix Systems (CTXS), SS&C Technologies (SSNC) and Symantec (SYMC).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Trade Desk (TTD), Square (SQ), Shopify (SHOP), Crowdstrike (CRWD), Zoom Video Communications (ZM), Docusign (DOCU), Paypal (PYPL), Alibaba Group (BABA) and salesforce.com (CRM).

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

Fastly's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.22%), First Trust Advisors LP (2.09%), Bank of New York Mellon Corp (0.46%), California Public Employees Retirement System (0.16%), Swiss National Bank (0.15%) and New York State Common Retirement Fund (0.12%). Company insiders that own Fastly stock include Abdiel Capital Management, Llc, 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 StepStone Group LP, King Luther Capital Management Corp, Blair William & Co. IL, Macquarie Group Ltd., Raymond James Financial Services Advisors Inc., Hamilton Lane Advisors LLC, Relyea Zuckerberg Hanson LLC, and Sage Rhino Capital LLC. 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 activity for Fastly.

FSLY stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Goldman Sachs Group Inc., Bank of New York Mellon Corp, California Public Employees Retirement System, New York State Common Retirement Fund, Barclays PLC, State Board of Administration of Florida Retirement System, and Swiss National Bank. 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.

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 $74.96.

Fastly has a market capitalization of $6.78 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]