NYSE:FSLY - Fastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, FSLY shares have increased by 18.2% and is now trading at $18.05. View which stocks have been mosted impacted by Coronavirus.

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.

Fastly is scheduled to release its next quarterly earnings announcement on Thursday, May 21st 2020. View our earnings forecast for Fastly.

Fastly Inc (NYSE:FSLY) posted its quarterly earnings data on Thursday, February, 20th. The company reported ($0.15) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.16) by $0.01. The company had revenue of $58.94 million for the quarter, compared to the consensus estimate of $55.14 million. View Fastly's earnings history.

Fastly issued an update on 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 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 stock. Their forecasts range from $22.87 to $28.00. On average, they expect Fastly's share price to reach $25.61 in the next twelve months. This suggests a possible upside of 41.9% from the stock's current price. View analysts' price targets for Fastly.

News coverage about FSLY stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Fastly earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutFastly.

Some companies that are related to Fastly include SolarWinds (SWI), Smartsheet (SMAR), Nuance Communications (NUAN), RealPage (RP), Paylocity (PCTY), Momo (MOMO), Elastic (ESTC), Pivotal Software (PVTL), LogMeIn (LOGM), National Instruments (NATI), Konami (KNMCY), Cogent Communications (CCOI), Anaplan (PLAN), Everbridge (EVBG) and AppFolio (APPF).

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

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

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 $18.05.

Fastly has a market capitalization of $1.29 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]