Fastly, Inc. (FSLY)

NYSE: FSLY · IEX Real-Time Price · USD
8.70
-0.19 (-2.14%)
May 17, 2024, 4:00 PM EDT - Market closed
-2.14%
Market Cap 1.18B
Revenue (ttm) 521.94M
Net Income (ttm) -131.83M
Shares Out 136.60M
EPS (ttm) -0.99
PE Ratio n/a
Forward PE 769.23
Dividend n/a
Ex-Dividend Date n/a
Volume 2,499,699
Open 8.84
Previous Close 8.89
Day's Range 8.61 - 8.97
52-Week Range 7.83 - 25.87
Beta 1.20
Analysts Hold
Price Target 14.61 (+67.93%)
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 67.93% from the latest price.

Price Target
$14.61
(67.93% upside)
Analyst Consensus: Hold
Stock Forecasts

News

IMPORTANT SHAREHOLDER 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 18, 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...

17 hours ago - Accesswire

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

LOS ANGELES, CA / ACCESSWIRE / May 17, 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...

1 day ago - Accesswire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Fastly, Inc. (FSLY) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Fastly, Inc. (“Fastly” or the “Company”) (NYSE: FSLY) investors concerning the Company's possible...

1 day ago - Business Wire

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Fastly, Inc. (FSLY) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Fastly, Inc. (“Fa...

2 days ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Fastly, Inc. (FSLY) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Fastly, Inc. (“Fastly” or the “Company”) (NYSE: FSLY) on behalf of investors concerning the Company's possi...

2 days ago - Business Wire

SHAREHOLDER ACTION 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 16, 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...

2 days ago - Accesswire

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 15, 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...

3 days 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.

Other symbols: NETRPDSPTTDC
9 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...

11 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.

12 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...

16 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.

17 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.

17 days ago - Market Watch

Fastly Announces First Quarter 2024 Financial Results

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

17 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.

18 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.

19 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,...

6 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.

2 months 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