Fastly, Inc. (FSLY)
NYSE: FSLY · Real-Time Price · USD
10.08
+0.10 (1.00%)
At close: Dec 20, 2024, 4:00 PM
10.06
-0.02 (-0.20%)
After-hours: Dec 20, 2024, 7:34 PM EST
Fastly Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Fastly stock have an average target of 8.61, with a low estimate of 7.00 and a high estimate of 12. The average target predicts a decrease of -14.58% from the current stock price of 10.08.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Fastly stock from 10 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 1 |
| Hold | 5 | 6 | 6 | 7 | 8 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 9 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $8 → $10 | Hold | Maintains | $8 → $10 | -0.79% | Dec 3, 2024 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $12 | Hold → Buy | Upgrades | $12 | +19.05% | Dec 2, 2024 |
| Craig-Hallum | Craig-Hallum | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | -20.63% | Nov 7, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $5.5 → $7.5 | Hold | Maintains | $5.5 → $7.5 | -25.60% | Nov 7, 2024 |
| Baird | Baird | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | -20.63% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
552.47M
from 505.99M
Increased by 9.19%
Revenue Next Year
584.16M
from 552.47M
Increased by 5.74%
EPS This Year
-0.10
from -1.03
EPS Next Year
0.03
from -0.10
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 572.3M | 629.1M | 698.8M | |||
| Avg | 552.5M | 584.2M | 638.5M | |||
| Low | 528.4M | 544.3M | 570.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 13.1% | 13.9% | 19.6% | |||
| Avg | 9.2% | 5.7% | 9.3% | |||
| Low | 4.4% | -1.5% | -2.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.08 | 0.17 | 0.24 | |||
| Avg | -0.10 | 0.03 | 0.12 | |||
| Low | -0.12 | -0.05 | 0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | - | 659.3% | |||
| Avg | - | - | 273.6% | |||
| Low | - | - | -69.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.