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) announced 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 the consensus estimate of $45.31 million. The business's revenue for the quarter was up 34.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.20) earnings per share. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Fastly.

Fastly updated its FY19 earnings guidance on Thursday, August, 8th. The company provided EPS 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 Wall Street analysts have issued 12-month target prices for Fastly's shares. Their forecasts range from $21.00 to $28.00. On average, they expect Fastly's stock price to reach $25.0336 in the next year. This suggests that the stock has a possible downside of 0.4%. 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 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fastly.

Media stories about FSLY stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Fastly earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Fastly.

Some companies that are related to Fastly include The Ultimate Software Group (ULTI), Tyler Technologies (TYL), Black Knight (BKI), Guidewire Software (GWRE), Coupa Software (COUP), Dropbox (DBX), UBISOFT ENTMT S/ADR (UBSFY), PTC (PTC), Mongodb (MDB), Ceridian HCM (CDAY), Alteryx (AYX), Momo (MOMO), Elastic (ESTC), HubSpot (HUBS) and Trend Micro (TMICY).

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

(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 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 initial public offering on May 17th. The total size of the offering was $180,000,000 based on an initial share price of $16.00. After the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Fastly's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Abdiel Capital Advisors LP (2.48%), Waddell & Reed Financial Inc. (1.24%), Putnam Investments LLC (1.13%), Vanguard Group Inc. (1.13%), BlackRock Inc. (0.67%) and Whale Rock Capital Management LLC (0.33%). View Institutional Ownership Trends for Fastly.

FSLY stock was bought by a variety of institutional investors in the last quarter, including Abdiel Capital Advisors LP, Waddell & Reed Financial Inc., Putnam Investments LLC, Vanguard Group Inc., BlackRock Inc., Whale Rock Capital Management LLC, Landscape Capital Management L.L.C. and UBS Oconnor LLC. View Insider Buying and Selling 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 $25.14.

Fastly has a market capitalization of $2.35 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]