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. $16.03 +0.09 (+0.56%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$15.65▼$16.1550-Day Range$9.66▼$16.1152-Week Range$7.15▼$20.03Volume2.22 million shsAverage Volume4.16 million shsMarket Capitalization$2.01 billionP/E RatioN/ADividend YieldN/APrice Target$14.35 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Fastly MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside10.5% Downside$14.35 Price TargetShort InterestBearish10.41% of Shares Sold ShortDividend StrengthN/ASustainability-0.68Upright™ Environmental ScoreNews Sentiment0.07Based on 9 Articles This WeekInsider TradingSelling Shares$3.09 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.44) to ($1.29) 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.1.77 out of 5 starsComputer And Technology Sector507th out of 612 stocksPrepackaged Software Industry171st out of 213 stocks 2.1 Analyst's Opinion Consensus RatingFastly has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 3 buy ratings, 3 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.35, Fastly has a forecasted downside of 10.5% from its current price of $16.03.Amount of Analyst CoverageFastly has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted10.41% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Fastly has recently increased by 1.48%, indicating that investor sentiment is decreasing. 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 2.3 News and Social Media Coverage News SentimentFastly has a news sentiment score of 0.07. 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 0.52 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Fastly this week, compared to 4 articles on an average week.Search InterestOnly 48 people have searched for FSLY on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat Follows13 people have added Fastly to their MarketBeat watchlist in the last 30 days. This is an increase of 18% 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 $3,092,655.00 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 ($1.44) to ($1.29) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Fastly is -10.15, 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 -10.15, 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 2.06. 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 HeadlinesMarch 25, 2023 | americanbankingnews.comFastly, Inc. (NYSE:FSLY) Insider Sells $170,905.53 in StockMarch 24, 2023 | americanbankingnews.comBrett Shirk Sells 7,000 Shares of Fastly, Inc. (NYSE:FSLY) StockMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 23, 2023 | americanbankingnews.comFastly, Inc. (NYSE:FSLY) EVP Sells $42,354.99 in StockMarch 22, 2023 | americanbankingnews.comArtur Bergman Sells 11,163 Shares of Fastly, Inc. (NYSE:FSLY) StockMarch 20, 2023 | americanbankingnews.comFastly, Inc. (NYSE:FSLY) Receives $14.35 Average Price Target from AnalystsMarch 17, 2023 | americanbankingnews.comFastly (NYSE:FSLY) Trading Up 3%March 16, 2023 | finance.yahoo.comFastly (FSLY) Just Overtook the 20-Day Moving AverageMarch 25, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 15, 2023 | businesswire.comGoogle Selects Fastly Oblivious HTTP Relay for Privacy Sandbox Initiative to Enhance Online Privacy for Billions of Chrome UsersMarch 1, 2023 | finance.yahoo.comFastly Launches Managed Security Service to Protect Enterprises from Rising Web Application AttacksFebruary 21, 2023 | finance.yahoo.comAre Computer and Technology Stocks Lagging Fastly (FSLY) This Year?February 16, 2023 | finance.yahoo.comFastly Likely Gaining Share From Radware, Akamai, Cloudflare Under New Leadership, Analysts Say Post Q4 BeatFebruary 16, 2023 | finance.yahoo.comFastly Results ‘Beat All Around.’ The Stock Soars After Receiving Upgrades.February 14, 2023 | finance.yahoo.comIs Fastly Stock a Buy Ahead of Earnings?February 7, 2023 | finance.yahoo.comFastly Named A Gartner® Peer Insights™ Customers’ Choice for Cloud Web Application and API Protection for Fifth Consecutive YearJanuary 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?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 FinanceSee 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 Earnings11/03/2021Today3/25/2023Next Earnings (Estimated)5/03/2023Fiscal 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/AEmployees1,112Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.35 High Stock Price Forecast$25.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside-10.5%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($1.58) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-190,770,000.00 Net Margins-44.09% Pretax Margin-44.06% Return on Equity-22.10% Return on Assets-10.93% Debt Debt-to-Equity Ratio0.75 Current Ratio4.18 Quick Ratio4.18 Sales & Book Value Annual Sales$432.73 million Price / Sales4.65 Cash FlowN/A Price / Cash FlowN/A Book Value$7.77 per share Price / Book2.06Miscellaneous Outstanding Shares125,400,000Free Float114,239,000Market Cap$2.01 billion OptionableOptionable Beta1.28 Key ExecutivesArtur BergmanExecutive Chairman & Chief ArchitectTodd NightingalePresident, Chief Executive Officer & DirectorRonald Wayne KislingChief Financial OfficerTyler McMullenChief Technology OfficerMike JohnsonChief Information Security OfficerKey CompetitorsEverCommerceNASDAQ:EVCMJFrogNASDAQ:FROGBlackBerryNYSE:BBForgeRockNYSE:FORGHello GroupNASDAQ:MOMOView All CompetitorsInsiders & InstitutionsArtur BergmanSold 11,163 sharesTotal: $170,905.53 ($15.31/share)Brett ShirkSold 7,000 sharesTotal: $107,170.00 ($15.31/share)Artur BergmanSold 11,163 sharesTotal: $175,817.25 ($15.75/share)Brett ShirkSold 2,907 sharesTotal: $42,354.99 ($14.57/share)Artur BergmanSold 32,388 sharesTotal: $491,973.72 ($15.19/share)View All Insider TransactionsView All Institutional Transactions FSLY Stock - Frequently Asked Questions Should I buy or sell Fastly stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last twelve months. There are currently 3 sell ratings, 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 10 equities research analysts have issued 12-month 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 $14.35 in the next twelve months. This suggests that the stock has a possible downside of 10.5%. 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 the year. Since then, FSLY shares have increased by 95.7% and is now trading at $16.03. View the best growth stocks for 2023 here. Are investors shorting Fastly? Fastly saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 12,870,000 shares, an increase of 10.8% from the January 31st total of 11,620,000 shares. Based on an average daily volume of 4,350,000 shares, the days-to-cover ratio is presently 3.0 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, May 3rd 2023. View our FSLY earnings forecast. How were Fastly's earnings last quarter? Fastly, Inc. (NYSE:FSLY) posted its earnings results 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 22.10% and a negative net margin of 44.09%. During the same quarter in the prior year, the business posted ($0.15) earnings per share. What ETFs hold Fastly's stock? ETFs with the largest weight of Fastly (NYSE:FSLY) stock in their portfolio include Roundhill MEME ETF (MEME), SPDR S&P Internet ETF (XWEB), WisdomTree Cybersecurity Fund (WCBR), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), Direxion Moonshot Innovators ETF (MOON), Global X Cloud Computing ETF (CLOU), First Trust Cloud Computing ETF (SKYY) and WisdomTree Cloud Computing Fund (WCLD). What guidance has Fastly issued on next quarter's earnings? Fastly updated its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of -$0.12--$0.08 for the period, compared to the consensus estimate of -$0.12. The company issued revenue guidance of $114.00 million-$117.00 million, compared to the consensus revenue estimate of $115.52 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 many different retail and institutional investors. Top institutional investors include Legal & General Group Plc (5.37%), First Trust Advisors LP (5.16%), Point72 Asset Management L.P. (4.24%), Alyeska Investment Group L.P. (3.06%), Morgan Stanley (2.52%) and Geode Capital Management LLC (1.68%). Insiders that own company stock include Abdiel Capital Management, Llc, Adriel G Lares, Adriel G Lares, Artur Bergman, 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 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 $16.03. How much money does Fastly make? Fastly (NYSE:FSLY) has a market capitalization of $2.01 billion and generates $432.73 million in revenue each year. The company earns $-190,770,000.00 in net income (profit) each year or ($1.58) on an earnings per share basis. How many employees does Fastly have? The company employs 1,112 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 3/25/2023 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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