NYSE:FSLYFastly Stock Price, Forecast & News

Fastly's stock was trading at $15.27 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FSLY shares have increased by 436.1% and is now trading at $81.87. View which stocks have been most impacted by Coronavirus.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fastly in the last year. There are currently 3 sell ratings, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Fastly.

Fastly is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Fastly.

Fastly will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Fastly Inc (NYSE:FSLY) released its quarterly earnings results on Wednesday, May, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.17) by $0.11. The business earned $63 million during the quarter, compared to analysts' expectations of $59.40 million. The company's quarterly revenue was up 38.2% compared to the same quarter last year. View Fastly's earnings history.

Fastly updated its FY20 earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of ($0.15)-($0.08) for the period, compared to the Thomson Reuters consensus estimate of ($0.40). The company issued revenue guidance of $280-$290 million, compared to the consensus revenue estimate of $259.62 million.

9 Wall Street analysts have issued 1 year price objectives for Fastly's stock. Their forecasts range from $24.00 to $90.00. On average, they anticipate Fastly's stock price to reach $38.00 in the next year. This suggests that the stock has a possible downside of 53.6%. View analysts' price targets for Fastly.

News stories about FSLY stock have trended extremely negative on Wednesday, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Fastly earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the stock's share price in the near future. View the latest news about Fastly.

Some companies that are related to Fastly include Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Crowdstrike (CRWD), Atlassian (TEAM), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP), Tableau Software (DATA), Tyler Technologies (TYL) and SS&C Technologies (SSNC). View all competitors.

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

(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.

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

Fastly's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Harel Insurance Investments & Financial Services Ltd. (0.02%), Teamwork Financial Advisors LLC (0.01%), Relyea Zuckerberg Hanson LLC (0.01%), Symphony Financial Ltd. Co. (0.00%), Nadler Financial Group Inc. (0.00%) and Atticus Wealth Management LLC (0.00%). Company insiders that own Fastly stock include Abdiel Capital Management, Llc, Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Kelly Wright, Michael Mathews, Paul Luongo, Qualified Master Fund L Abdiel, Sunil Dhaliwal, W Eric Carlborg and Wolfgang Maasberg. View institutional ownership trends for Fastly.

FSLY stock was sold by a variety of institutional investors in the last quarter, including Relyea Zuckerberg Hanson LLC, and Endurance Wealth Management Inc.. Company insiders that have sold Fastly company stock in the last year include Adriel G Lares, Artur Bergman, August Capital Management Vi,, David Hornik, Joshua Bixby, Kelly Wright, Paul Luongo, Sunil Dhaliwal, W Eric Carlborg, and Wolfgang Maasberg. View insider buying and selling activity for Fastly.

FSLY stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Teamwork Financial Advisors LLC, Symphony Financial Ltd. Co., Nadler Financial Group Inc., Atticus Wealth Management LLC, Engrave Wealth Partners LLC, and Global Retirement Partners LLC. Company insiders that have bought Fastly stock in the last two years include Abdiel Capital Management, Llc, Michael Mathews, and Qualified Master Fund L Abdiel. View insider buying and selling activity 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 $81.87.

Fastly has a market capitalization of $8.36 billion and generates $200.46 million in revenue each year.

The official website for Fastly is 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]