Fastly Stock Price, News & Analysis (NYSE:FSLY)

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

Fastly Inc (NYSE:FSLY) issued its earnings results on Thursday, August, 8th. The company reported ($0.16) EPS for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.03. The company earned $46.17 million during the quarter, compared to analysts' expectations of $45.31 million. The firm's revenue was up 34.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.20) EPS. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Fastly.

Fastly will be holding an earnings conference call on Thursday, November 7th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

12 equities research analysts have issued 12 month price targets for Fastly's stock. Their forecasts range from $22.87 to $28.00. On average, they anticipate Fastly's share price to reach $25.31 in the next twelve months. This suggests a possible upside of 13.4% 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 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fastly.

Media coverage about FSLY stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastly earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Fastly.

Fastly saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 4,910,000 shares, a decrease of 5.6% from the August 30th total of 5,200,000 shares. Based on an average daily trading volume, of 1,450,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 43.5% of the shares of the company are short sold. View Fastly's Current Options Chain.

Some companies that are related to Fastly include Dropbox (DBX), Mongodb (MDB), PTC (PTC), Alteryx (AYX), Momo (MOMO), UBISOFT ENTMT S/ADR (UBSFY), Ceridian HCM (CDAY), HubSpot (HUBS), Trend Micro (TMICY), Elastic (ESTC), Anaplan (PLAN), Konami (KNMCY), RealPage (RP), SolarWinds (SWI) and Medidata Solutions (MDSO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include Okta (OKTA), Trade Desk (TTD), Shopify (SHOP), Alibaba Group (BABA), NVIDIA (NVDA), Roku (ROKU), Twilio (TWLO), Arista Networks (ANET), Alteryx (AYX) and Veeva Systems (VEEV).

(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.

Fastly's lock-up period expires on Wednesday, November 13th. Fastly had issued 11,250,000 shares in its IPO on May 17th. The total size of the offering was $180,000,000 based on an initial share price of $16.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

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 $22.32.

Fastly has a market capitalization of $2.09 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]