Fastly, Inc. (FSLY)
NYSE: FSLY · Real-Time Price · USD
7.28
+0.80 (12.27%)
Nov 21, 2024, 1:09 PM EST - Market open
Fastly Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Fastly stock have an average target of 7.94, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 9.14% from the current stock price of 7.28.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Fastly stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 6 | 5 | 6 | 6 | 7 | 8 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 8 | 8 | 8 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | +9.97% | Nov 7, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $5.5 → $7.5 | Hold | Maintains | $5.5 → $7.5 | +3.09% | Nov 7, 2024 |
| Baird | Baird | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +9.97% | Nov 7, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $6 → $7 | Hold | Maintains | $6 → $7 | -3.78% | Nov 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | +9.97% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
551.91M
from 505.99M
Increased by 9.08%
Revenue Next Year
582.63M
from 551.91M
Increased by 5.57%
EPS This Year
-0.13
from -1.03
EPS Next Year
0.05
from -0.13
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 572.3M | 629.1M | 698.8M | ||
| Avg | 551.9M | 582.6M | 630.9M | ||
| Low | 524.4M | 544.3M | 570.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.1% | 14.0% | 19.9% | ||
| Avg | 9.1% | 5.6% | 8.3% | ||
| Low | 3.6% | -1.4% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.08 | 0.14 | 0.24 | ||
| Avg | -0.13 | 0.05 | 0.15 | ||
| Low | -0.19 | -0.04 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 410.7% | ||
| Avg | - | - | 216.5% | ||
| Low | - | - | -2.6% |
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.