Fastly, Inc. (FSLY)

NYSE: FSLY · IEX Real-Time Price · USD
12.97
+0.34 (2.69%)
At close: Mar 28, 2024, 4:00 PM
12.90
-0.07 (-0.54%)
After-hours: Mar 28, 2024, 4:12 PM EDT
2.69%
Market Cap 1.69B
Revenue (ttm) 505.99M
Net Income (ttm) -133.09M
Shares Out 134.20M
EPS (ttm) -1.03
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 4,065,395
Open 12.67
Previous Close 12.63
Day's Range 12.62 - 13.11
52-Week Range 11.61 - 25.87
Beta 1.22
Analysts Buy
Price Target 19.43 (+49.81%)
Earnings Date May 1, 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 8 analysts, the average rating for FSLY stock is "Buy." The 12-month stock price forecast is $19.43, which is an increase of 49.81% from the latest price.

Price Target
$19.43
(49.81% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fastly Launches New Global Event Series: Xcelerate 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Launches New Global Event Series: Xcelerate 2024.

7 days ago - Business Wire

Rampant API Growth Causing Cybersecurity Risks for Businesses

LONDON--(BUSINESS WIRE)--A recent survey of 235 IT and cybersecurity decision-makers commissioned by Fastly, Inc. (NYSE: FSLY), one of the world's fastest edge cloud platforms, has found that - despit...

8 days ago - Business Wire

Fastly's stock tanks 20% on mixed quarter for cloud-computing company

Fastly Inc.'s stock dropped nearly 20% in the extended session Wednesday after the cloud-computing company showed Wall Street a mixed fourth quarter, with revenue coming in below expectations.

6 weeks ago - Market Watch

Fastly Announces Fourth Quarter and Full Year 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Announces Fourth Quarter and Full Year 2023 Financial Results.

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

Fastly to Announce Fourth 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 fourth quarter of 2023 after market close on W...

2 months ago - Business Wire

Fastly Names Kip Compton as Chief Product Officer

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Names Kip Compton as Chief Product Officer.

3 months ago - Business Wire

Fastly Named a Leader for Edge Development Platforms 2023 by Independent Research Firm

SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Named a Leader for Edge Development Platforms 2023 by Independent Research Firm.

4 months ago - Business Wire

The Race to Adapt: Fastly Research Reveals Businesses Lost Almost 10% of Their Revenue From Cyber Attacks in the Last Year

SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, has today launched its new annual global cybersecurity report, uncovering the staggering impacts of ...

4 months ago - Business Wire

Fastly's stock is up 10% on better-than-expected earnings, revenue

Shares of Fastly Inc. FSLY were popping 10% in after-hours trading Wednesday after the cloud-computing company reported quarterly results that edged analyst forecasts. Fastly posted a fiscal third-qua...

5 months ago - Market Watch

Fastly Announces Third Quarter 2023 Financial Results

SAN FRANCISCO--(BUSINESS WIRE)--Today Fastly announced its Q3 FY2023 earnings.

5 months ago - Business Wire

Fastly stock price: strong fundamentals meet weak technicals

Fastly (NYSE: FSLY) stock price continued its sell-off this week as technology equities plunged. The shares plunged to a low of $16 on Thursday, the lowest level since July 10th of this year.

6 months ago - Invezz

Fastly to Announce Third 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 third quarter of 2023 after market close on We...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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 ...

8 months ago - Business Wire

Fastly Stock Soars as Earnings Top Estimates

The content delivery network provider sees better-than-forecast growth and raises its full-year revenue outlook.

8 months ago - Barrons

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 ...

8 months ago - Business Wire

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 ...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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.

9 months ago - Bloomberg Technology

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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 ...

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1 year ago - GuruFocus