Fastly, Inc. (FSLY)
|Net Income (ttm)||-194.42M|
|Day's Range||11.41 - 12.03|
|52-Week Range||9.50 - 58.62|
|Price Target||16.09 (+38.1%)|
|Earnings Date||Aug 3, 2022|
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...]
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
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.
Fastly's second-quarter financial results fell below investors' expectations.
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?
The content delivery network company announced second-quarter results that showed better-than-expected revenue growth, but narrowing gross margins.
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...
SAN FRANCISCO--(BUSINESS WIRE)--Fastly Appoints Todd Nightingale as CEO
SAN FRANCISCO--(BUSINESS WIRE)--Fastly Announces Second Quarter 2022 Financial Results
Here we pick four software stocks, FSLY, INTU, TEAM and U, which are likely to pull off a beat this earnings season.
SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--Fastly Partners with HUMAN Security to Protect Customers from Bot Attacks and Fraud
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.
SAN FRANCISCO & BRACKLEY, England--(BUSINESS WIRE)--Mercedes-AMG PETRONAS Formula 1™ Team Selects Fastly to Drive Ultimate Digital Performance
Five technology companies will report earnings results within the next couple of weeks. These are: WCC, AZPN, DOCN, FSLY and CAMT.
SINGAPORE--(BUSINESS WIRE)--Fastly Names Vaughan Woods To Spearhead ASEAN Growth
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...
One analyst believes it has about 20% more downside.
Is it a good or bad thing when a stock surpasses resistance at the 50-day simple moving average?
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...
The bear market has made many--but not all--tech stocks a buy.
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...
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...
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?
Analyst expectations keep coming down as the price per share plummets.
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...
SAN FRANCISCO--(BUSINESS WIRE)--Fastly to Announce Second Quarter 2022 Financial Results