Fastly, Inc. (FSLY)

NYSE: FSLY · Real-Time Price · USD
6.48
-0.23 (-3.43%)
Nov 20, 2024, 4:00 PM EST - Market closed
-3.43%
Market Cap 909.14M
Revenue (ttm) 540.87M
Net Income (ttm) -148.56M
Shares Out 140.30M
EPS (ttm) -1.09
PE Ratio n/a
Forward PE 589.01
Dividend n/a
Ex-Dividend Date n/a
Volume 1,684,972
Open 6.70
Previous Close 6.71
Day's Range 6.45 - 6.75
52-Week Range 5.52 - 25.87
Beta 1.23
Analysts Hold
Price Target 7.94 (+22.53%)
Earnings Date Nov 6, 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 $7.94, which is an increase of 22.53% from the latest price.

Price Target
$7.94
(22.53% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

1 day ago - Seeking Alpha

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...

2 days ago - Business Wire

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.

2 days ago - Business Wire

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 ...

5 days ago - Seeking Alpha

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 ...

13 days ago - Invezz

Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript

Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

Fastly Announces Third Quarter 2024 Financial Results

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

14 days ago - Business Wire

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...

15 days ago - Invezz

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...

16 days ago - Business Wire

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.

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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 ...

7 weeks ago - GuruFocus

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...

7 weeks ago - Business Wire

Fastly Research: Bad Bots Cost Organizations Millions

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Research: Bad Bots Cost Organizations Millions.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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.

3 months ago - Invezz

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.

3 months ago - Invezz

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.

Other symbols: INTCDISMODGTXT
3 months ago - Benzinga

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.

Other symbols: FROGMCKWBD
3 months ago - Benzinga

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...

3 months ago - Seeking Alpha

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.

3 months ago - Barrons

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 ...

3 months ago - Seeking Alpha

Fastly Announces Second Quarter 2024 Financial Results

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

3 months ago - Business Wire

The Schall Law Firm Calls Shareholders Who Sustained Losses In Fastly Inc To Begin Conversation Please Be Aware Of The Deadline In This Case

LOS ANGELES, CA / ACCESSWIRE / July 22, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Fastly, Inc. ("Fastly" or "the C...

4 months ago - Accesswire

Fastly, Inc. Sued for Securities Law Violations - Contact The Rosen Law Firm Before July 23, 2024 to Discuss Your Rights - FSLY

NEW YORK , July 22, 2024 /PRNewswire/ -- Why: New York, N.Y., July 20, 2024.

4 months ago - PRNewsWire