Fastly, Inc. (FSLY)

NYSE: FSLY · IEX Real-Time Price · USD
9.07
+0.37 (4.25%)
At close: May 14, 2024, 4:00 PM
8.94
-0.13 (-1.43%)
Pre-market: May 15, 2024, 4:06 AM EDT
4.25%
Market Cap 1.24B
Revenue (ttm) 521.94M
Net Income (ttm) -131.83M
Shares Out 136.60M
EPS (ttm) -0.99
PE Ratio n/a
Forward PE 1,385.07
Dividend n/a
Ex-Dividend Date n/a
Volume 5,029,863
Open 8.80
Previous Close 8.70
Day's Range 8.80 - 9.39
52-Week Range 7.83 - 25.87
Beta 1.20
Analysts Hold
Price Target 14.61 (+61.08%)
Earnings Date May 1, 2024

About FSLY

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. The company offers network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin... [Read more]

Sector Technology
IPO Date May 17, 2019
Employees 1,207
Stock Exchange NYSE
Ticker Symbol FSLY
Full Company Profile

Financial Performance

In 2023, Fastly's revenue was $505.99 million, an increase of 16.93% compared to the previous year's $432.73 million. Losses were -$133.09 million, -30.24% less than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for FSLY stock is "Hold." The 12-month stock price forecast is $14.61, which is an increase of 61.08% from the latest price.

Price Target
$14.61
(61.08% upside)
Analyst Consensus: Hold
Stock Forecasts

News

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Fastly, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. ("Fas...

19 hours ago - Accesswire

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Cloudflare (NYSE:NET)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

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5 days ago - Benzinga

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Fastly, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. ("Fast...

7 days ago - Accesswire

Fastly Boosts Managed Security Service with Bot Management and Industry-Leading SLA

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Boosts Managed Security Service with Bot Management and Industry-Leading SLA.

8 days ago - Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces it is Investigating Claims Against Fastly, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 2, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Fastly, Inc. ("Fast...

12 days ago - Accesswire

Fastly (FSLY) stock price analysis: is it safe to buy this dip?

Fastly (NYSE: FSLY) stock price has collapsed after the company's growth slowed. It peaked at $136.45 in October 2020 to a low of $12.9 on Wednesday.

13 days ago - Invezz

Fastly shares sink 30% on weaker guidance

Fastly shares FSLY, +2.21% dived 30% in afterhours trading following guidance for the second-quarter and 2024.

13 days ago - Market Watch

Fastly Announces First Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Announces First Quarter 2024 Financial Results.

13 days ago - Business Wire

Hawcx Launches Cutting-edge Passwordless Authentication Platform, Appointing Lakshmi Sharma, Former CPO of Fastly, as Chief Product Officer

LOS ALTOS, Calif.--(BUSINESS WIRE)-- #cybersecurity--Hawcx unveils its advanced passwordless authentication platform, appoints Lakshmi Sharma as their first Chief Product Officer.

14 days ago - Business Wire

Fastly Recognized as a GartnerⓇ Peer Insights™ Customers' Choice for Cloud Web Application and API Protection for Sixth Consecutive Year

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Recognized as a GartnerⓇ Peer Insights™ Customers' Choice for Cloud Web Application and API Protection for Sixth Consecutive Year.

15 days ago - Business Wire

Fastly to Announce First Quarter 2024 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2024 after market close on Wednesday, May 1,...

5 weeks ago - Business Wire

Fastly Unveils New Bot Management Solution to Help Detect and Block Threats at the Edge

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Unveils New Bot Management Solution to Help Detect and Block Threats at the Edge.

6 weeks ago - Business Wire

Fastly Launches New Global Event Series: Xcelerate 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Launches New Global Event Series: Xcelerate 2024.

7 weeks ago - Business Wire

Rampant API Growth Causing Cybersecurity Risks for Businesses

LONDON--(BUSINESS WIRE)--A recent survey of 235 IT and cybersecurity decision-makers commissioned by Fastly, Inc. (NYSE: FSLY), one of the world's fastest edge cloud platforms, has found that - despit...

2 months ago - Business Wire

Fastly's stock tanks 20% on mixed quarter for cloud-computing company

Fastly Inc.'s stock dropped nearly 20% in the extended session Wednesday after the cloud-computing company showed Wall Street a mixed fourth quarter, with revenue coming in below expectations.

3 months ago - Market Watch

Fastly Announces Fourth Quarter and Full Year 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Announces Fourth Quarter and Full Year 2023 Financial Results.

3 months ago - Business Wire

Fastly to Present at Upcoming Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest global edge cloud platforms, today announced that management will be participating in fireside chats at the follow...

3 months ago - Business Wire

Fastly to Announce Fourth Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest global edge cloud platforms, will release financial results for the fourth quarter of 2023 after market close on W...

4 months ago - Business Wire

Fastly Names Kip Compton as Chief Product Officer

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Names Kip Compton as Chief Product Officer.

5 months ago - Business Wire

Fastly Named a Leader for Edge Development Platforms 2023 by Independent Research Firm

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Named a Leader for Edge Development Platforms 2023 by Independent Research Firm.

6 months ago - Business Wire

The Race to Adapt: Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, has today launched its new annual global cybersecurity report, uncovering the staggering impacts of ...

6 months ago - Business Wire

Fastly's stock is up 10% on better-than-expected earnings, revenue

Shares of Fastly Inc. FSLY were popping 10% in after-hours trading Wednesday after the cloud-computing company reported quarterly results that edged analyst forecasts. Fastly posted a fiscal third-qua...

6 months ago - Market Watch

Fastly Announces Third Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Today Fastly announced its Q3 FY2023 earnings.

6 months ago - Business Wire

Fastly stock price: strong fundamentals meet weak technicals

Fastly (NYSE: FSLY) stock price continued its sell-off this week as technology equities plunged. The shares plunged to a low of $16 on Thursday, the lowest level since July 10th of this year.

7 months ago - Invezz

Fastly to Announce Third Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest global edge cloud platforms, will release financial results for the third quarter of 2023 after market close on We...

7 months ago - Business Wire