Fastly, Inc. (FSLY)
| Market Cap | 1.41B |
| Revenue (ttm) | 540.87M |
| Net Income (ttm) | -148.56M |
| Shares Out | 140.30M |
| EPS (ttm) | -1.09 |
| PE Ratio | n/a |
| Forward PE | 896.89 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,109,048 |
| Open | 9.89 |
| Previous Close | 9.98 |
| Day's Range | 9.68 - 10.47 |
| 52-Week Range | 5.52 - 25.87 |
| Beta | 1.27 |
| Analysts | Hold |
| Price Target | 8.61 (-14.58%) |
| Earnings Date | Feb 12, 2025 |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for FSLY stock is "Hold." The 12-month stock price forecast is $8.61, which is a decrease of -14.58% from the latest price.
News
Fastly AI Accelerator Helps Developers Unleash the Power of Generative AI
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly AI Accelerator Helps Developers Unleash the Power of Generative AI.
Fastly, Inc. (FSLY) UBS Global Technology and AI Conference (Transcript)
Fastly, Inc. (NYSE:FSLY) UBS Global Technology and AI Conference Call December 4, 2024 10:15 AM ET Company Participants Todd Nightingale - Chief Executive Officer Ron Kisling - Chief Financial Office...
Fastly Announces Issuance of 7.75% Convertible Senior Notes due 2028 and Repurchases of a Portion of its Existing 0.00% Convertible Senior Notes due 2026
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced that on December 2, 2024, it entered into separate, privately negotiated subscriptio...
Fastly, Inc. (FSLY) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)
Fastly, Inc. (NYSE:FSLY) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference November 19, 2024 10:40 AM ET Company Participants Ron Kisling - CFO Vernon Essi - IR...
Long Road to Recovery: Fastly Research Reveals Businesses Taking 25% Longer to Recover From Cybersecurity Incidents Than Expected
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #cybersecurity--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, has launched its latest annual Global Security Research Report, revealing a...
Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024.
Fastly: Watch Out, Enterprise Customers Are Leaving (Rating Downgrade)
Fastly has struggled with poor sales execution, intense competition, and large customer defections, leading to a 60% YTD decline. Downgrading Fastly to a sell rating. Despite new sales leadership and ...
Is Fastly stock a ‘Buy' after Q3 earnings?
Following Fastly Inc (NYSE: FSLY)'s mixed Q3 earnings yesterday, Piper Sandler raised its price target from $6 to $8, expressing cautious optimism despite keeping a Neutral rating. Analyst James Fish ...
Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript
Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript
Fastly Announces Third Quarter 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Announces Third Quarter 2024 Financial Results.
Fastly stock: this fallen angel may jump 35% after earnings
Fastly (FSLY) stock has been one of the worst-performers this year as the company's growth has decelerated and losses have mounted. It has crashed by over 57% this year, while the Nasdaq 100 and S&P 5...
Fastly to Present at Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced that management will be participating in fireside chats at the following investor co...
Fastly Unveils New DDoS Protection Solution to Defend Against Disruptive Application DDoS Attacks
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Unveils New DDoS Protection Solution to Defend Against Disruptive Application DDoS Attacks.
Fastly to Announce Third 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 third quarter of 2024 after market close on Wednesday, Novemb...
Fastly (FSLY) Stock Surges by 5.01%, Driven by Latest Financial Performance
Fastly, Inc. (FSLY, Financial) witnessed a significant stock price increase of 5.01%, bringing the share price to $7.54 with a trading volume of 1.344 million shares and a turnover rate of 0.97%. The ...
Dexory Secures $80M Funding to Drive Global Expansion Goals and Development of Groundbreaking Technology
LONDON--(BUSINESS WIRE)--Dexory, the leading robotics and data intelligence company, today announced it has successfully closed an $80 million Series B funding round. The round was led by DTCP, with p...
Fastly Research: Bad Bots Cost Organizations Millions
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Research: Bad Bots Cost Organizations Millions.
New Fastly Threat Research Reveals 91% of Cyberattacks Targeted Multiple Organizations Using Mass Scanning to Uncover and Exploit Vulnerabilities
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--New Fastly Threat Research Reveals 91% of Cyberattacks Targeted Multiple Organizations Using Mass Scanning to Uncover and Exploit Vulnerabilities.
Fastly stock price is down 96% from ATH: still overvalued
Fastly (NASDAQ: FSLY) stock price has become a fallen angel after dropping to a record low. It was trading at $5.67 on Monday, a big drop from its 2020 high of $136.
Fastly shares fall to all-time low of $5.52: Is it time to buy?
Fastly Inc. (NYSE: FSLY) experienced a significant downturn this week, with its stock price falling to an all-time low of $5.52 and closing down 14.33% on Thursday.
This Intel Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
McKesson Reports Weak Sales, Joins JFrog, Fastly, Warner Bros. Discovery And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.2% on Thursday.
Fastly: Less Demand, More Competition
Fastly's stock dropped sharply after the company lowered guidance for the remainder of 2024. The company attributed this to macro headwinds, with some larger customers looking to cut costs in the face...
Fastly Stock Tanks After Guidance Cut. Why Analysts Are Downbeat.
Fastly stock tumbled on Thursday after the cloud-computing company slashed its end-of-year guidance.
Fastly, Inc. (FSLY) Q2 2024 Earnings Call Transcript
Fastly, Inc. (NYSE:FSLY) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Vernon Essi - Investor Relations Todd Nightingale - Chief Executive Officer & Director Ronald ...