Fastly, Inc. (FSLY)
Market Cap | 2.37B |
Revenue (ttm) | 468.22M |
Net Income (ttm) | -165.46M |
Shares Out | 129.20M |
EPS (ttm) | -1.34 |
PE Ratio | n/a |
Forward PE | 769.23 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,293,677 |
Open | 18.24 |
Previous Close | 17.77 |
Day's Range | 17.89 - 18.49 |
52-Week Range | 7.15 - 24.31 |
Beta | 1.26 |
Analysts | Hold |
Price Target | 16.44 (-10.26%) |
Earnings Date | Nov 1, 2023 |
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; network services to speed up and optimize the delivery of web and application traffic; device detecti... [Read more]
Financial Performance
In 2022, Fastly's revenue was $432.73 million, an increase of 22.12% compared to the previous year's $354.33 million. Losses were -$190.77 million, -14.33% less than in 2021.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for FSLY stock is "Hold." The 12-month stock price forecast is $16.44, which is a decrease of -10.26% from the latest price.
News

Fastly Expands Domains API and TLS Capabilities with Domainr Acquisition and General Availability of Certainly Certification Authority
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced two major developments in its domain name API and Transport Layer Security (TLS) cap...

Fastly Deploys Industry-Leading Threat Intelligence Capabilities to Publish Network Effect Threat Report
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced the publication of its first threat intelligence report, the “Network Effect Threat ...

Fastly Stock Soars as Earnings Top Estimates
The content delivery network provider sees better-than-forecast growth and raises its full-year revenue outlook.

Fastly Announces Second Quarter 2023 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest edge cloud platforms, today announced financial results for its second quarter ended June 30, 2023. “I am pleased ...

Fastly Strengthens Leadership Team with Appointments of New Chief Marketing Officer, Chief Information Security Officer and General Counsel
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced two new members to its executive team, as well as a key management promotion. Peter ...

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...

Fastly to Announce Second 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 second quarter of 2023 after market close on W...
Fastly Aims for Evolution to Edge-Cloud Leader
Cloud computing firm Fastly held its annual investor day with company projections showing up to $900 million in 2026 revenue. Fastly CEO Todd Nightingale joins Ed Ludlow on "Bloomberg Technology.

Fastly Shares Stage a Rally on New Flat-Rate Pricing Model
Edge cloud computing services Fastly, Inc. NASDAQ: FSLY shares have been rallying on optimism for its OHTTP relay and current pricing strategy. Fastly's core business is as a content delivery network ...

Fastly Expands Its Market Reach with Simplified Pricing and Packages
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, today announced new, simplified pricing and packages for its core services, making it easier for com...

Fastly to Host Investor Day on June 22, 2023
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest global edge cloud platforms, will host its 2023 Investor Day on Thursday, June 22, 2023, beginning at 1:00 p.m. ET...

Fastly Announces Repurchase of 0% Convertible Senior Notes Due 2026
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest edge cloud platforms, today announced that it has entered into separate, privately negotiated transactions (the “A...

Fastly Announces First Quarter 2023 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest edge cloud platforms, today announced financial results for its first quarter ended March 31, 2023. “We are please...

These 2 Tech Stocks Are Part of the Backbone of the Internet
A Content Delivery Network (CDN) is a footprint of data center servers that deliver content such as webpages and videos to the user in a secure and fast manner. Almost every major website likely uses ...

Fastly to Announce First 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 first quarter of 2023 after market close on We...

Fastly Introduces New Partner Program to Deliver Greater Value for Customers and Partners
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), one of the world's fastest global edge cloud platforms, today announced a new partner program that significantly expands and simplifies the a...

Google Selects Fastly Oblivious HTTP Relay for Privacy Sandbox Initiative to Enhance Online Privacy for Billions of Chrome Users
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), the world's fastest global edge cloud platform, today announced it has entered into an agreement with Google LLC (NASDAQ: GOOGL) to operate a...

Fastly Launches Managed Security Service to Protect Enterprises from Rising Web Application Attacks
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), the world's fastest global edge cloud platform, today launched Fastly Managed Security Service, a premier 24/7 threat detection and response ...

Fastly Results 'Beat All Around.' The Stock Soars After Receiving Upgrades.
A strong sales outlook from Fastly has analysts upgrading the stock.

Fastly Announces Fourth Quarter and Full Year 2022 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), the world's fastest edge cloud platform, today announced financial results for its fourth quarter and full year ended December 31, 2022. “We ...

Fastly's stock is on pace for its biggest percentage gain since 2020, as analysts cite overhaul under new CEO
Shares of Fastly Inc. were on pace for their biggest percentage gain in nearly three years, after BofA analysts on Monday upgraded the stock and said that turnaround efforts under the cloud-software p...

Why is this cloud stock up 25% on Monday?
Shares of Fastly Inc (NYSE: FSLY) are up more than 25% today after a Bank of America analyst turned super bullish on the cloud computing services provider.
Fastly stock surges after Bank of America upgrades shares
Yahoo Finance Live anchors Julie Hyman and Brian Sozzi discuss the rise in stock for Fastly following a Bank of America analyst's upgrade.

Fastly Named A Gartner® Peer Insights™ Customers' Choice for Cloud Web Application and API Protection for Fifth Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), today announced it was named a 2023 Gartner® Peer Insights™ Customers' Choice for Cloud Web Application and API Protection (WAAP) for the fif...

Fastly to Announce Fourth Quarter and Full Year 2022 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), the world's fastest global edge cloud platform, will release financial results for the fourth quarter and full year 2022 after market close...