NYSE:FSLY - Fastly Stock Price, Forecast & News

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

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

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, May 21st 2020. View Earnings Estimates for Fastly.

Fastly updated its first quarter earnings guidance on Thursday, February, 20th. The company provided EPS guidance of ($0.13) - $0.11) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.11). The company issued revenue guidance of $58-60 million, compared to the consensus revenue estimate of $58.14 million.

12 Wall Street analysts have issued 12 month target prices for Fastly's shares. Their forecasts range from $22.87 to $28.00. On average, they anticipate Fastly's stock price to reach $25.61 in the next twelve months. This suggests a possible upside of 24.9% 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 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fastly.

News headlines about FSLY stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. 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 news impact score of 1.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Fastly.

Some companies that are related to Fastly include HubSpot (HUBS), Trend Micro (TMICY), Paylocity (PCTY), Nutanix (NTNX), Avalara (AVLR), Nuance Communications (NUAN), Cloudflare (NET), Momo (MOMO), RealPage (RP), Elastic (ESTC), SolarWinds (SWI), Smartsheet (SMAR), National Instruments (NATI), Konami (KNMCY) and Manhattan Associates (MANH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), Roku (ROKU), Okta (OKTA), Trade Desk (TTD), Alibaba Group (BABA), Walt Disney (DIS), Shopify (SHOP), Twilio (TWLO), salesforce.com (CRM) and Alteryx (AYX).

(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 served 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 stock is owned by a number of of retail and institutional investors. Top institutional investors include Abdiel Capital Advisors LP (4.20%), FMR LLC (2.46%), Goldman Sachs Group Inc. (2.25%), FIL Ltd (0.93%), Alyeska Investment Group L.P. (0.27%) and Berylson Capital Partners LLC (0.24%). Company insiders that own Fastly stock include Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Kelly Wright, Michael Mathews, 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 State Street Corp and Benjamin F. Edwards & Company Inc.. 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, Sunil Dhaliwal, W Eric Carlborg and Wolfgang Maasberg. View Insider Buying and Selling for Fastly.

FSLY stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., FMR LLC, FIL Ltd, Berylson Capital Partners LLC, Alyeska Investment Group L.P., Eaton Vance Management, Bank of America Corp DE and Creative Planning. Company insiders that have bought Fastly stock in the last two years include Michael Mathews and Qualified Master Fund L Abdiel. 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 $20.51.

Fastly has a market capitalization of $1.92 billion and generates $200.46 million in revenue each year. 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]