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Fastly Stock Forecast, Price & News

+4.00 (+4.57 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $91.46
50-Day Range
MA: $83.90
52-Week Range
Now: $91.46
Volume3.57 million shs
Average Volume6.01 million shs
Market Capitalization$8.27 billion
P/E RatioN/A
Dividend YieldN/A
Fastly Inc. provides infrastructure software. The Company offers cloud computing, image optimization, security, edge computer technology and streaming solutions. Fastly Inc. is based in San Francisco, United States.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars

Industry, Sector and Symbol

Industry Prepackaged software



Sales & Book Value

Annual Sales$200.46 million
Book Value$2.75 per share


Net Income$-51,550,000.00


Market Cap$8.27 billion
Next Earnings Date11/5/2020 (Estimated)
+4.00 (+4.57 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Fastly (NYSE:FSLY) Frequently Asked Questions

How has Fastly's stock been impacted by Coronavirus?

Fastly's stock was trading at $15.27 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FSLY shares have increased by 499.0% and is now trading at $91.46.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Fastly?

12 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Fastly

When is Fastly's next earnings date?

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

How were Fastly's earnings last quarter?

Fastly Inc (NYSE:FSLY) announced its earnings results on Wednesday, August, 5th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.09. The business earned $74.66 million during the quarter, compared to the consensus estimate of $71.65 million. Fastly had a negative net margin of 21.39% and a negative return on equity of 16.02%.
View Fastly's earnings history

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

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.

What price target have analysts set for FSLY?

12 brokers have issued 12-month price objectives for Fastly's shares. Their forecasts range from $24.00 to $110.00. On average, they expect Fastly's stock price to reach $73.09 in the next twelve months. This suggests that the stock has a possible downside of 20.1%.
View analysts' price targets for Fastly

Are investors shorting Fastly?

Fastly saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 8,140,000 shares, a decrease of 18.4% from the August 15th total of 9,970,000 shares. Based on an average trading volume of 11,500,000 shares, the days-to-cover ratio is presently 0.7 days.
View Fastly's Short Interest

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), Shopify (SHOP), Zoom Video Communications (ZM), Square (SQ), Trade Desk (TTD), Tesla (TSLA), Crowdstrike (CRWD), Teladoc Health (TDOC) and Twilio (TWLO).

When did Fastly IPO?

(FSLY) raised $170 million in an initial public offering (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.

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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.72%), Goldman Sachs Group Inc. (3.22%), First Trust Advisors LP (2.09%), FMR LLC (1.53%), FIL Ltd (1.39%) and No Street GP LP (0.83%). 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

Which major investors are selling Fastly stock?

FSLY stock was sold by a variety of institutional investors in the last quarter, including FIL Ltd, Atom Investors LP, Grantham Mayo Van Otterloo & Co. LLC, Silvercrest Asset Management Group LLC, StepStone Group LP, Advisor Group Holdings Inc., King Luther Capital Management Corp, and Gilder Gagnon Howe & Co. 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

Which major investors are buying Fastly stock?

FSLY stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., First Trust Advisors LP, FMR LLC, Goldman Sachs Group Inc., Athanor Capital LP, Bank of New York Mellon Corp, Nuveen Asset Management LLC, and California Public Employees Retirement System. 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

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Fastly's stock price today?

One share of FSLY stock can currently be purchased for approximately $91.46.

How big of a company is Fastly?

Fastly has a market capitalization of $8.27 billion and generates $200.46 million in revenue each year. The company earns $-51,550,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis.

What is Fastly's official website?

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

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 9/26/2020 by MarketBeat.com Staff

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