NYSE:FSLY Fastly - FSLY Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Fastly, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.03 +0.15 (+1.38%) (As of 02/7/2023 03:25 PM ET) Add Compare Share Share Today's Range$10.61▼$11.2750-Day Range$7.45▼$11.9052-Week Range$7.15▼$29.99Volume1.76 million shsAverage Volume2.93 million shsMarket Capitalization$1.36 billionP/E RatioN/ADividend YieldN/APrice Target$12.39 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Fastly MarketRank™ ForecastAnalyst RatingHold1.71 Rating ScoreUpside/Downside12.0% Upside$12.39 Price TargetShort InterestBearish9.61% of Shares Sold ShortDividend StrengthN/ASustainability-0.68Upright™ Environmental ScoreNews Sentiment0.25Based on 3 Articles This WeekInsider TradingSelling Shares$5.11 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.89) to ($1.69) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.65 out of 5 starsComputer And Technology Sector508th out of 610 stocksPrepackaged Software Industry175th out of 216 stocks 1.9 Analyst's Opinion Consensus RatingFastly has received a consensus rating of Hold. The company's average rating score is 1.71, and is based on no buy ratings, 2 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.39, Fastly has a forecasted upside of 12.0% from its current price of $11.06.Amount of Analyst CoverageFastly has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.61% of the outstanding shares of Fastly have been sold short.Short Interest Ratio / Days to CoverFastly has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fastly has recently increased by 6.29%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFastly does not currently pay a dividend.Dividend GrowthFastly does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFastly has received a 38.07% net impact score from Upright. Fastly seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data privacy tracking and control software", "Firewall software", "Antivirus software", "Quantum computing development environments", and "Data loss prevention software" products. See details.Environmental SustainabilityThe Environmental Impact score for Fastly is -0.68. Previous Next 1.8 News and Social Media Coverage News SentimentFastly has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Fastly this week, compared to 5 articles on an average week.Search Interest32 people have searched for FSLY on MarketBeat in the last 30 days. This is an increase of 1,500% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Fastly to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Fastly insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,113,437.00 in company stock.Percentage Held by InsidersOnly 8.90% of the stock of Fastly is held by insiders.Percentage Held by Institutions60.74% of the stock of Fastly is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Fastly are expected to grow in the coming year, from ($1.89) to ($1.69) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fastly is -6.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Fastly is -6.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFastly has a P/B Ratio of 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Fastly (NYSE:FSLY) StockFastly, Inc. provides real-time content delivery network services. It offers edge compute, edge delivery, edge security, edge applications like load balancing and image optimization, video on demand, and managed edge delivery. The company was founded by Artur Bergman, Tyler McMullen, Simon Wistow, and Gil Penchina in March 2011 and is headquartered in San Francisco, CA.Read More 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. Email Address FSLY Stock News HeadlinesFebruary 7, 2023 | finance.yahoo.comFastly Named A Gartner® Peer Insights™ Customers’ Choice for Cloud Web Application and API Protection for Fifth Consecutive YearFebruary 2, 2023 | americanbankingnews.comAnalyzing Red Violet (NASDAQ:RDVT) & Fastly (NYSE:FSLY)February 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…January 31, 2023 | americanbankingnews.comFastly, Inc. (NYSE:FSLY) Receives $12.39 Consensus Target Price from AnalystsJanuary 30, 2023 | americanbankingnews.comFastly, Inc. (NYSE:FSLY) Sees Large Growth in Short InterestJanuary 20, 2023 | finance.yahoo.comAre Computer and Technology Stocks Lagging Agilent Technologies (A) This Year?January 17, 2023 | finance.yahoo.comFastly to Announce Fourth Quarter and Full Year 2022 Financial ResultsJanuary 11, 2023 | finance.yahoo.comDown 77% in 2022, Is Fastly Stock a Buy in 2023?February 7, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...December 24, 2022 | reuters.comFSLY.N - Fastly Inc | Stock Price & Latest News | ReutersDecember 6, 2022 | seekingalpha.comFastly: Rapid Revenue Growth With A Huge Cloud OpportunityDecember 5, 2022 | finance.yahoo.comFastly Names Puja Jaspal as Chief People OfficerNovember 30, 2022 | finance.yahoo.comFighting Fire With Fire: Research Reveals Cybersecurity Strategies Are Suffering as a Result of ComplexityNovember 24, 2022 | finance.yahoo.comFastly (NYSE:FSLY shareholders incur further losses as stock declines 12% this week, taking one-year losses to 79%November 4, 2022 | finance.yahoo.comWhy Fastly Stock Soared TodayOctober 18, 2022 | nasdaq.comWhy MongoDB, Okta, and Fastly Rose More Than the Markets Today - NasdaqOctober 13, 2022 | finance.yahoo.com11 Best Content Delivery Network Stocks To Buy Now - Yahoo FinanceOctober 11, 2022 | fool.comWhy MongoDB, Fastly, and CrowdStrike Dropped Today - The Motley FoolOctober 6, 2022 | streetinsider.comDatabricks and Signal Sciences Executives Join Propelo's Board as Company Sees Massive Growth and Acceleration in Enterprise Market Segment - StreetInsider.comOctober 6, 2022 | finance.yahoo.comDatabricks and Signal Sciences Executives Join Propelo's Board as Company Sees Massive Growth and Acceleration in Enterprise Market Segment - Yahoo FinanceOctober 5, 2022 | businesswire.comFastly to Announce Third Quarter 2022 Financial Results - Business WireOctober 5, 2022 | uk.finance.yahoo.comDDOS-Cyber Attack Solutions Global Market Report 2022 - Yahoo Finance UKOctober 3, 2022 | nasdaq.comWe Think Fastly (NYSE:FSLY) Has A Fair Chunk Of DebtOctober 3, 2022 | seekingalpha.comFastly Stock: Staggering From One Issue To The Next (NYSE:FSLY) - Seeking AlphaSeptember 29, 2022 | seekingalpha.comZIM Integrated Stock: The Rebound Is Near (Technical Analysis) (NYSE:ZIM) - Seeking AlphaSeptember 29, 2022 | wsj.comFastly Inc. Cl ASeptember 27, 2022 | seekingalpha.comFastly Stock: Too Cheap To Ignore (NYSE:FSLY) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address FSLY Company Calendar Last Earnings11/03/2021Today2/07/2023Next Earnings (Confirmed)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:FSLY CUSIPN/A CIK1517413 Webwww.fastly.com Phone(844) 432-7859FaxN/AEmployees976Year FoundedN/APrice Target and Rating Average Stock Price Forecast$12.39 High Stock Price Forecast$25.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+12.3%Consensus RatingHold Rating Score (0-4)1.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.69) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-222,700,000.00 Net Margins-49.05% Pretax Margin-48.96% Return on Equity-22.82% Return on Assets-11.09% Debt Debt-to-Equity Ratio0.75 Current Ratio4.41 Quick Ratio4.41 Sales & Book Value Annual Sales$354.33 million Price / Sales3.83 Cash FlowN/A Price / Cash FlowN/A Book Value$8.63 per share Price / Book1.28Miscellaneous Outstanding Shares123,000,000Free Float112,053,000Market Cap$1.36 billion OptionableOptionable Beta1.37 Key ExecutivesArtur BergmanExecutive Chairman & Chief ArchitectTodd NightingalePresident, Chief Executive Officer & DirectorRonald Wayne KislingChief Financial OfficerTyler McMullenChief Technology OfficerMike JohnsonChief Information Security OfficerKey CompetitorsKingsoft CloudNASDAQ:KCEverbridgeNASDAQ:EVBGDoceboNASDAQ:DCBOEnfusionNYSE:ENFNAvid TechnologyNASDAQ:AVIDView All CompetitorsInsiders & InstitutionsProfund Advisors LLCSold 4,998 shares on 2/2/2023Ownership: 0.034%SG Americas Securities LLCBought 8,491 shares on 2/2/2023Ownership: 0.020%Wealth Effects LLCSold 37,523 shares on 2/2/2023Ownership: 0.019%Simplex Trading LLCSold 35,200 shares on 2/2/2023Ownership: 0.000%ProShare Advisors LLCBought 1,127 shares on 2/2/2023Ownership: 0.013%View All Insider TransactionsView All Institutional Transactions FSLY Stock - Frequently Asked Questions Should I buy or sell Fastly stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 4 sell ratings, 2 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 2023? 7 equities research analysts have issued 1-year target prices for Fastly's stock. Their FSLY share price forecasts range from $8.00 to $25.00. On average, they expect the company's share price to reach $12.39 in the next twelve months. This suggests a possible upside of 13.9% 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 2023? Fastly's stock was trading at $8.19 at the beginning of 2023. Since then, FSLY shares have increased by 32.8% and is now trading at $10.88. View the best growth stocks for 2023 here. Are investors shorting Fastly? Fastly saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 11,820,000 shares, an increase of 6.3% from the December 31st total of 11,120,000 shares. Based on an average trading volume of 3,190,000 shares, the days-to-cover ratio is currently 3.7 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, February 15th 2023. View our FSLY earnings forecast. How can I listen to Fastly's earnings call? Fastly will be holding an earnings conference call on Wednesday, February 15th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "7543239". How were Fastly's earnings last quarter? Fastly, Inc. (NYSE:FSLY) issued its earnings results on Wednesday, November, 3rd. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.45) by $0.34. The company had revenue of $86.74 million for the quarter, compared to the consensus estimate of $84.23 million. Fastly had a negative trailing twelve-month return on equity of 22.82% and a negative net margin of 49.05%. During the same quarter in the previous year, the business earned ($0.15) EPS. What guidance has Fastly issued on next quarter's earnings? Fastly issued an update on its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of -$0.15--$0.11 for the period, compared to the consensus estimate of -$0.10. The company issued revenue guidance of $112.00 million-$116.00 million, compared to the consensus revenue estimate of $113.12 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 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. What is Fastly's stock symbol? Fastly trades on the New York Stock Exchange (NYSE) under the ticker symbol "FSLY." Who are Fastly's major shareholders? Fastly's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wolverine Asset Management LLC (0.00%), Lane Generational LLC (0.17%), Versor Investments LP (0.07%), Profund Advisors LLC (0.03%), SG Americas Securities LLC (0.02%) and Wealth Effects LLC (0.02%). Insiders that own company stock include Abdiel Capital Management, Llc, Adriel G Lares, Adriel G Lares, Artur Bergman, August Capital Management Vi,, Brett Shirk, Christopher B Paisley, David Hornik, John S Marr Jr, Joshua Bixby, Kelly Wright, Mark A Ledoux, Paul Luongo, Richard Devon Daniels, Robert Eugene Watson, Ronald W Kisling, Sunil Dhaliwal, Todd Nightingale, W Eric Carlborg and Wolfgang Maasberg. View institutional ownership trends. 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 $10.88. How much money does Fastly make? Fastly (NYSE:FSLY) has a market capitalization of $1.34 billion and generates $354.33 million in revenue each year. The company earns $-222,700,000.00 in net income (profit) each year or ($1.69) 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 (844) 432-7859 or via email at ir@fastly.com. This page (NYSE:FSLY) was last updated on 2/7/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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