Fastly, Inc. (FSLY)

NYSE: FSLY · IEX Real-Time Price · USD
11.66
-0.49 (-4.00%)
Aug 16, 2022 11:35 AM EDT - Market open
-4.00%
Market Cap 1.42B
Revenue (ttm) 389.35M
Net Income (ttm) -194.42M
Shares Out 122.00M
EPS (ttm) -2.01
PE Ratio n/a
Forward PE 769.23
Dividend n/a
Ex-Dividend Date n/a
Volume 1,483,010
Open 11.97
Previous Close 12.14
Day's Range 11.41 - 12.03
52-Week Range 9.50 - 58.62
Beta 1.37
Analysts Sell
Price Target 16.09 (+38.1%)
Earnings Date Aug 3, 2022

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. It is a programmable platform designed for web and application delivery. The company offers Compute@Edge; developer hub that includes solution library patterns and recipes, API and language references, chang... [Read more...]

Industry IT Services
IPO Date May 17, 2019
CEO Joshua Bixby
Employees 976
Stock Exchange NYSE
Ticker Symbol FSLY
Full Company Profile

Financial Performance

In 2021, Fastly's revenue was $354.33 million, an increase of 21.82% compared to the previous year's $290.87 million. Losses were -$222.70 million, 132.1% more than in 2020.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for FSLY stock is "Sell." The 12-month stock price forecast is 16.09, which is an increase of 38.05% from the latest price.

Price Target
$16.09
(38.05% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Why Fastly Stock Is Falling Today

Fastly's second-quarter financial results fell below investors' expectations.

Fastly (FSLY) Reports Q2 Loss, Tops Revenue Estimates

Fastly (FSLY) delivered earnings and revenue surprises of -43.75% and 0.65%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Fastly Names Cisco Exec Nightingale as CEO. Sales Top Forecast but Earnings Miss.

The content delivery network company announced second-quarter results that showed better-than-expected revenue growth, but narrowing gross margins.

Fastly stock declines following outlook, new CEO

Fastly Inc. FSLY, +7.31% shares declined in the extended session Wednesday after the cloud-software company forecast a weaker-than-expected outlook and announced a new chief executive. Fastly shares dec...

Fastly Appoints Todd Nightingale as CEO

SAN FRANCISCO--(BUSINESS WIRE)--Fastly Appoints Todd Nightingale as CEO

Fastly Announces Second Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Fastly Announces Second Quarter 2022 Financial Results

4 Software Stocks Poised to Top Estimates This Earnings Season

Here we pick four software stocks, FSLY, INTU, TEAM and U, which are likely to pull off a beat this earnings season.

Other symbols: INTUTEAMU

Fastly Partners with HUMAN Security to Protect Customers from Bot Attacks and Fraud

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Fastly Partners with HUMAN Security to Protect Customers from Bot Attacks and Fraud

Fastly (FSLY) Expected to Beat Earnings Estimates: Should You Buy?

Fastly (FSLY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mercedes-AMG PETRONAS Formula 1™ Team Selects Fastly to Drive Ultimate Digital Performance

SAN FRANCISCO & BRACKLEY, England--(BUSINESS WIRE)--Mercedes-AMG PETRONAS Formula 1™ Team Selects Fastly to Drive Ultimate Digital Performance

Top 5 Technology Stocks Poised to Beat on Earnings

Five technology companies will report earnings results within the next couple of weeks. These are: WCC, AZPN, DOCN, FSLY and CAMT.

Other symbols: AZPNCAMTDOCNWCC

7 Small-Cap Stocks to Buy on the Dip

Although small-cap stocks to buy are risky, they can also yield tremendous gains as they're largely focused on growth narratives. The post 7 Small-Cap Stocks to Buy on the Dip appeared first on Investor...

Other symbols: EROHRTGHYFMRADUPWRBY

Fastly Names Vaughan Woods To Spearhead ASEAN Growth

SINGAPORE--(BUSINESS WIRE)--Fastly Names Vaughan Woods To Spearhead ASEAN Growth

Fastly Shares Drop On Rating Downgrade: Read To Know

RBC Capital analyst Rishi Jaluria downgraded Fastly, Inc (NYSE: FSLY) to Underperform from Sector Perform with a price target of $9 (22% downside), down from $17.50. The analyst attributed the downgrade...

Here's Why Fastly Stock Slipped Today

One analyst believes it has about 20% more downside.

Fastly (FSLY) Recently Broke Out Above the 50-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?

Fastly could see 'disproportionate impact' in a downturn, analyst says in bearish downgrade

Shares of Fastly Inc. were falling 4% in premarket trading Tuesday after RBC Capital Markets turned bearish on the cloud-computing stock. "Fastly scores low on our five-factor recession framework, there...

2 Software Stocks to Buy Hand Over Fist, and 1 To Avoid

The bear market has made many--but not all--tech stocks a buy.

Other symbols: DUOLROKU

Fastly Should Beat Guidance Again.That Should Boost Shares.

These reports, excerpted and edited by Barron's, were issued recently by investment and research firms. The reports are a sampling of analysts' thinking; they should not be considered the views or recom...

Can Fastly (FSLY) Climb 93% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 93.5% upside potential for Fastly (FSLY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate rev...

Why Is Fastly (FSLY) Stock Down 15% Today?

FSLY stock is down big on an analyst downgrade, representing huge challenges for Fastly and the content delivery network sector. The post Why Is Fastly (FSLY) Stock Down 15% Today?

Why Fastly Stock Fell Today

Analyst expectations keep coming down as the price per share plummets.

5 Reasons Why This Analyst Downgraded Fastly

There is lower visibility into Fastly Inc.'s (NYSE: FSLY) performance heading into the second half of the year, and execution risks appear elevated. The Fastly Analyst: Morgan Stanley analyst Sanjit Sin...

Fastly to Announce Second Quarter 2022 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Fastly to Announce Second Quarter 2022 Financial Results

Better Buy: Fastly vs. Cloudflare

Which edge networking play is a better investment?

Other symbols: NET