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 stock has increased by 209.5% and is now trading at $47.26. View which stocks have been most impacted by Coronavirus.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fastly.

Fastly is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Fastly.

Fastly Inc (NYSE:FSLY) issued its quarterly earnings results on Wednesday, May, 6th. The company reported ($0.06) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.17) by $0.11. The firm earned $63 million during the quarter, compared to the consensus estimate of $59.40 million. The business's revenue for the quarter was up 38.2% on a year-over-year basis. View Fastly's earnings history.

Fastly issued an update on its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of ($0.15)-($0.08) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.40). The company issued revenue guidance of $280-$290 million, compared to the consensus revenue estimate of $259.62 million.

13 brokerages have issued 12 month price targets for Fastly's shares. Their forecasts range from $22.87 to $36.00. On average, they anticipate Fastly's share price to reach $28.86 in the next twelve months. This suggests that the stock has a possible downside of 38.9%. View analysts' price targets for Fastly.

Media headlines about FSLY stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastly earned a news impact score of -3.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutFastly.

Some companies that are related to Fastly include Check Point Software Technologies (CHKP), Coupa Software (COUP), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), SS&C Technologies (SSNC), Tyler Technologies (TYL), Tableau Software (DATA), Symantec (SYMC), Mongodb (MDB), NortonLifeLock (NLOK), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Ceridian HCM (CDAY), Dropbox (DBX) and Alteryx (AYX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Trade Desk (TTD), Alibaba Group (BABA), Roku (ROKU), Walt Disney (DIS), Shopify (SHOP), Zoom Video Communications (ZM), Twilio (TWLO), salesforce.com (CRM) and Teladoc Health (TDOC).

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

Fastly's stock is owned by many different institutional and retail investors. Top institutional investors include Morgan Stanley (3.97%), Morgan Stanley (2.99%), Deutsche Bank AG (1.87%), Grantham Mayo Van Otterloo & Co. LLC (0.83%), Alyeska Investment Group L.P. (0.80%) and Ensign Peak Advisors Inc (0.60%). 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 Ensign Peak Advisors Inc, Athanor Capital LP, Clear Creek Financial Management LLC, UBS Group AG, StepStone Group LP, JPMorgan Chase & Co., Griffin Asset Management Inc., and Creative Planning. 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 bought by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Deutsche Bank AG, Atom Investors LP, Alyeska Investment Group L.P., Driehaus Capital Management LLC, Wells Fargo & Company MN, and Silvercrest Asset Management Group LLC. 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 $47.26.

Fastly has a market capitalization of $4.55 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]