S&P 500   3,585.62 (-1.51%)
DOW   28,725.51 (-1.71%)
QQQ   267.26 (-1.70%)
AAPL   138.20 (-3.00%)
MSFT   232.90 (-1.94%)
META   135.68 (-0.54%)
GOOGL   95.65 (-1.82%)
AMZN   113.00 (-1.57%)
TSLA   265.25 (-1.10%)
NVDA   121.39 (-0.66%)
NIO   15.77 (+1.22%)
BABA   79.99 (+1.18%)
AMD   63.36 (-1.22%)
T   15.34 (-1.22%)
MU   50.10 (+0.18%)
CGC   2.73 (-1.80%)
F   11.20 (-2.35%)
GE   61.91 (-1.31%)
DIS   94.33 (-3.20%)
AMC   6.97 (-1.83%)
PYPL   86.07 (-2.97%)
PFE   43.76 (-0.91%)
NFLX   235.44 (-1.78%)
S&P 500   3,585.62 (-1.51%)
DOW   28,725.51 (-1.71%)
QQQ   267.26 (-1.70%)
AAPL   138.20 (-3.00%)
MSFT   232.90 (-1.94%)
META   135.68 (-0.54%)
GOOGL   95.65 (-1.82%)
AMZN   113.00 (-1.57%)
TSLA   265.25 (-1.10%)
NVDA   121.39 (-0.66%)
NIO   15.77 (+1.22%)
BABA   79.99 (+1.18%)
AMD   63.36 (-1.22%)
T   15.34 (-1.22%)
MU   50.10 (+0.18%)
CGC   2.73 (-1.80%)
F   11.20 (-2.35%)
GE   61.91 (-1.31%)
DIS   94.33 (-3.20%)
AMC   6.97 (-1.83%)
PYPL   86.07 (-2.97%)
PFE   43.76 (-0.91%)
NFLX   235.44 (-1.78%)
S&P 500   3,585.62 (-1.51%)
DOW   28,725.51 (-1.71%)
QQQ   267.26 (-1.70%)
AAPL   138.20 (-3.00%)
MSFT   232.90 (-1.94%)
META   135.68 (-0.54%)
GOOGL   95.65 (-1.82%)
AMZN   113.00 (-1.57%)
TSLA   265.25 (-1.10%)
NVDA   121.39 (-0.66%)
NIO   15.77 (+1.22%)
BABA   79.99 (+1.18%)
AMD   63.36 (-1.22%)
T   15.34 (-1.22%)
MU   50.10 (+0.18%)
CGC   2.73 (-1.80%)
F   11.20 (-2.35%)
GE   61.91 (-1.31%)
DIS   94.33 (-3.20%)
AMC   6.97 (-1.83%)
PYPL   86.07 (-2.97%)
PFE   43.76 (-0.91%)
NFLX   235.44 (-1.78%)
S&P 500   3,585.62 (-1.51%)
DOW   28,725.51 (-1.71%)
QQQ   267.26 (-1.70%)
AAPL   138.20 (-3.00%)
MSFT   232.90 (-1.94%)
META   135.68 (-0.54%)
GOOGL   95.65 (-1.82%)
AMZN   113.00 (-1.57%)
TSLA   265.25 (-1.10%)
NVDA   121.39 (-0.66%)
NIO   15.77 (+1.22%)
BABA   79.99 (+1.18%)
AMD   63.36 (-1.22%)
T   15.34 (-1.22%)
MU   50.10 (+0.18%)
CGC   2.73 (-1.80%)
F   11.20 (-2.35%)
GE   61.91 (-1.31%)
DIS   94.33 (-3.20%)
AMC   6.97 (-1.83%)
PYPL   86.07 (-2.97%)
PFE   43.76 (-0.91%)
NFLX   235.44 (-1.78%)

Fastly - FSLY Stock Forecast, Price & News

$9.16
+0.18 (+2.00%)
(As of 09/30/2022 05:36 PM ET)
Add
Compare
Today's Range
$8.95
$9.53
50-Day Range
$8.19
$13.21
52-Week Range
$8.12
$58.62
Volume
3.78 million shs
Average Volume
4.62 million shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$14.25

Fastly MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
55.6% Upside
$14.25 Price Target
Short Interest
Bearish
10.77% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.07mentions of Fastly in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$858,196 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.89) to ($1.78) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.89 out of 5 stars

Computer And Technology Sector

513th out of 650 stocks

Prepackaged Software Industry

186th out of 227 stocks

FSLY stock logo

About Fastly (NYSE:FSLY) Stock

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery. The company offers [email protected]; developer hub that includes solution library patterns and recipes, API and language references, change logs, and Fastly Fiddle solutions; device detection and geolocation, edge dictionaries, edge access control lists, and edge authentication services; full site delivery services, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, real-time logging and stats, cloud optimizer, programmatic control, edge databases, content compression, reliability, and modern protocols and performance services; and streaming solutions and services, including live streaming, media shield, and origin connect. It also provides edge security solutions, such as DDoS protection and cloud, edge web application firewall (WAF), transport layer security (TLS), platform TLS, and compliance services; unified web application and API protection solutions that includes runtime self-application protection, advanced rate limiting, API and ATO protection, account takeover protection, bot protection, and next generation WAF. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and managed edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

Receive FSLY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Fastly and its competitors with MarketBeat's FREE daily newsletter.

FSLY Stock News Headlines

Fastly Inc. Cl A
The NEW US – RUSSIA COLD WAR
In response to Putin's invasion of Ukraine, the US dusted off a Cold War-era power and invoked the 1950's Defense Production Act. It calls for the support of mining and manufacturing of critical minerals such as copper, to speed up the transition to green energy. But with Russia sitting on the world's third-largest reserves of copper, new sources of mining are desperately needed.
Brett Shirk Sells 7,000 Shares of Fastly, Inc. (NYSE:FSLY) Stock
The NEW US – RUSSIA COLD WAR
In response to Putin's invasion of Ukraine, the US dusted off a Cold War-era power and invoked the 1950's Defense Production Act. It calls for the support of mining and manufacturing of critical minerals such as copper, to speed up the transition to green energy. But with Russia sitting on the world's third-largest reserves of copper, new sources of mining are desperately needed.
See More Headlines
Receive FSLY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Fastly and its competitors with MarketBeat's FREE daily newsletter.

FSLY Company Calendar

Last Earnings
11/03/2021
Today
9/30/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
976
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.25
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+55.6%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
8 Analysts

Profitability

Net Income
$-222,700,000.00
Pretax Margin
-49.87%

Debt

Sales & Book Value

Annual Sales
$354.33 million
Book Value
$8.63 per share

Miscellaneous

Free Float
111,142,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
1.43

Key Executives

  • Mr. Artur BergmanMr. Artur Bergman (Age 42)
    Co-Founder, Exec. Chairman & Chief Architect
    Comp: $532.64k
  • Mr. Joshua BixbyMr. Joshua Bixby (Age 44)
    CEO & Director
    Comp: $532.98k
  • Mr. Ronald W. KislingMr. Ronald W. Kisling (Age 61)
    Chief Financial Officer
    Comp: $663.17k
  • Mr. Brett ShirkMr. Brett Shirk (Age 55)
    Chief Revenue Officer
    Comp: $692.84k
  • Mr. Bill Kaufmann
    Chief Operations Officer
  • Mr. Tyler McMullen
    Chief Technology Officer
  • Ms. Maria Salazar Lukens
    VP of Investor Relations
  • Ms. Margaret Arakawa
    Chief Marketing Officer
  • Ms. Erica Perkins
    VP of People
  • Ms. Doniel N. Sutton (Age 48)
    Chief People Officer













FSLY Stock - Frequently Asked Questions

Should I buy or sell Fastly stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FSLY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSLY, but not buy additional shares or sell existing shares.
View FSLY analyst ratings
or view top-rated stocks.

What is Fastly's stock price forecast for 2022?

8 analysts have issued twelve-month price targets for Fastly's shares. Their FSLY share price forecasts range from $9.00 to $25.00. On average, they expect the company's share price to reach $14.25 in the next year. This suggests a possible upside of 58.7% from the stock's current price.
View analysts price targets for FSLY
or view top-rated stocks among Wall Street analysts.

How have FSLY shares performed in 2022?

Fastly's stock was trading at $35.45 at the start of the year. Since then, FSLY stock has decreased by 74.7% and is now trading at $8.98.
View the best growth stocks for 2022 here
.

Are investors shorting Fastly?

Fastly saw a increase in short interest in August. As of August 31st, there was short interest totaling 13,080,000 shares, an increase of 22.1% from the August 15th total of 10,710,000 shares. Based on an average trading volume of 4,150,000 shares, the days-to-cover ratio is presently 3.2 days.
View Fastly's Short Interest
.

When is Fastly's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our FSLY earnings forecast
.

How were Fastly's earnings last quarter?

Fastly, Inc. (NYSE:FSLY) released its quarterly earnings data on Wednesday, November, 3rd. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.45) by $0.34. The company earned $86.74 million during the quarter, compared to the consensus estimate of $84.23 million. Fastly had a negative trailing twelve-month return on equity of 22.21% and a negative net margin of 49.93%. During the same period in the previous year, the company earned ($0.15) earnings per share.

What guidance has Fastly issued on next quarter's earnings?

Fastly issued an update on its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of -$0.18--$0.15 for the period, compared to the consensus EPS estimate of -$0.14. The company issued revenue guidance of $102.00 million-$105.00 million, compared to the consensus revenue estimate of $100.42 million.

What is Joshua Bixby's approval rating as Fastly's CEO?

16 employees have rated Fastly Chief Executive Officer Joshua Bixby on Glassdoor.com. Joshua Bixby has an approval rating of 100% among the company's employees. This puts Joshua Bixby in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Fastly own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fastly investors own include NVIDIA (NVDA), DocuSign (DOCU), Block (SQ), Shopify (SHOP), Tesla (TSLA), Zoom Video Communications (ZM), Trade Desk (TTD), CrowdStrike (CRWD), Teladoc Health (TDOC) and Twilio (TWLO).

When did Fastly IPO?

(FSLY) raised $170 million in an 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 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.

What is Fastly's stock symbol?

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

How do I buy shares of Fastly?

Shares of FSLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Fastly's stock price today?

One share of FSLY stock can currently be purchased for approximately $8.98.

How much money does Fastly make?

Fastly (NYSE:FSLY) has a market capitalization of $1.10 billion and generates $354.33 million in revenue each year. The company earns $-222,700,000.00 in net income (profit) each year or ($1.65) on an earnings per share basis.

How many employees does Fastly have?

The company employs 976 workers across the globe.

How can I contact Fastly?

Fastly's mailing address is 475 BRANNAN SUITE 300, SAN FRANCISCO CA, 94107. The official website for the company is www.fastly.com. The company can be reached via phone at (415) 604-5348 or via email at ir@fastly.com.

This page (NYSE:FSLY) was last updated on 9/30/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.