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) posted its earnings results on Thursday, November, 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.18) by $0.05. The business had revenue of $49.80 million for the quarter, compared to analyst estimates of $48.29 million. View Fastly's Earnings History.

Fastly is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Fastly.

Fastly updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $-0.54--0.51 for the period, compared to the Thomson Reuters consensus estimate of $-0.58. The company issued revenue guidance of $$194-198 million, compared to the consensus revenue estimate of $$192.84 million.

12 equities research analysts have issued 12 month target prices for Fastly's stock. Their forecasts range from $22.87 to $28.00. On average, they expect Fastly's stock price to reach $25.49 in the next year. This suggests a possible upside of 4.4% 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.

Media headlines about FSLY stock have trended somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastly earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Fastly.

Some companies that are related to Fastly include UBISOFT ENTMT S/ADR (UBSFY), Mongodb (MDB), Alteryx (AYX), Momo (MOMO), HubSpot (HUBS), Dynatrace (DT), Anaplan (PLAN), Dropbox (DBX), Paylocity (PCTY), Trend Micro (TMICY), Nutanix (NTNX), Avalara (AVLR), National Instruments (NATI), Elastic (ESTC) and SolarWinds (SWI).

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

(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 many different of institutional and retail investors. Top institutional shareholders include Clear Creek Financial Management LLC (0.10%), Relyea Zuckerberg Hanson LLC (0.02%), Winslow Evans & Crocker Inc. (0.01%) and FNY Investment Advisers LLC (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Clear Creek Financial Management LLC, Relyea Zuckerberg Hanson LLC, Winslow Evans & Crocker Inc. and FNY Investment Advisers LLC. 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 $24.41.

Fastly has a market capitalization of $2.29 billion. 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]