Fastly, Inc. (FSLY)
NYSE: FSLY · Real-Time Price · USD
7.52
+0.02 (0.27%)
At close: Sep 26, 2024, 4:00 PM
7.50
-0.02 (-0.26%)
After-hours: Sep 26, 2024, 5:24 PM EDT
Fastly Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Fastly stock have an average target of 7.81, with a low estimate of 6.00 and a high estimate of 10. The average target predicts an increase of 3.86% from the current stock price of 7.52.
Analyst Consensus: Hold
* Price targets were last updated on Aug 27, 2024.
Analyst Ratings
The average analyst rating for Fastly stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 5 | 6 | 6 | 5 | 6 | 6 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $12 → $7 | Hold | Maintains | $12 → $7 | -6.91% | Aug 27, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $13 → $8 | Strong Buy | Maintains | $13 → $8 | +6.38% | Aug 8, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $10 → $6 | Hold | Maintains | $10 → $6 | -20.21% | Aug 8, 2024 |
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $10 → $6 | Buy → Hold | Downgrades | $10 → $6 | -20.21% | Aug 8, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +32.98% | Jul 15, 2024 |
Financial Forecast
Revenue This Year
545.71M
from 505.99M
Increased by 7.85%
Revenue Next Year
575.70M
from 545.71M
Increased by 5.50%
EPS This Year
-0.15
from -1.03
EPS Next Year
0.05
from -0.15
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 567.7M | 607.6M | 673.0M | ||
| Avg | 545.7M | 575.7M | 616.8M | ||
| Low | 519.4M | 528.7M | 554.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 11.3% | 16.9% | ||
| Avg | 7.9% | 5.5% | 7.1% | ||
| Low | 2.7% | -3.1% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.13 | 0.14 | 0.34 | ||
| Avg | -0.15 | 0.05 | 0.14 | ||
| Low | -0.19 | -0.02 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 585.1% | ||
| Avg | - | - | 194.1% | ||
| Low | - | - | -6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.