NYSE:FSLYFastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FSLY stock has increased by 436.1% and is now trading at $81.87. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 3 sell ratings, 2 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 Wednesday, August 5th 2020. View our earnings forecast for Fastly.

Fastly will be holding an earnings conference call on Wednesday, August 5th 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 Inc (NYSE:FSLY) issued its earnings results on Wednesday, May, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.11. The company had revenue of $63 million for the quarter, compared to analysts' expectations of $59.40 million. The firm's revenue 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 EPS guidance of ($0.15)-($0.08) for the period, compared to the Thomson Reuters consensus estimate of ($0.40). The company issued revenue guidance of $280-$290 million, compared to the consensus revenue estimate of $259.62 million.

9 brokerages have issued 12 month price targets for Fastly's stock. Their forecasts range from $24.00 to $90.00. On average, they expect Fastly's share price to reach $38.00 in the next twelve months. This suggests that the stock has a possible downside of 53.6%. View analysts' price targets for Fastly.

News headlines about FSLY stock have trended somewhat negative this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. 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 coverage optimism score of -1.5 on InfoTrie's scale. They also assigned news headlines 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 immediate future. View the latest news about Fastly.

Some companies that are related to Fastly include Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP) and Tableau Software (DATA). 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 (IPO) 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 a number of institutional and retail investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (0.02%), Teamwork Financial Advisors LLC (0.01%), Relyea Zuckerberg Hanson LLC (0.01%), Symphony Financial Ltd. Co. (0.00%), Nadler Financial Group Inc. (0.00%) and Global Retirement Partners LLC (0.00%). 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 Relyea Zuckerberg Hanson 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 acquired by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Teamwork Financial Advisors LLC, Symphony Financial Ltd. Co., Nadler Financial Group Inc., and Global Retirement Partners 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 $81.87.

Fastly has a market capitalization of $8.36 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]