Fastly, Inc. (FSLY)
NYSE: FSLY · IEX Real-Time Price · USD
7.75
0.00 (0.00%)
At close: Jul 19, 2024, 4:00 PM
7.78
+0.03 (0.39%)
Pre-market: Jul 22, 2024, 7:31 AM EDT
Fastly Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Fastly stock have an average target of 13.69, with a low estimate of 8.00 and a high estimate of 25. The average target predicts an increase of 76.65% from the current stock price of 7.75.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Fastly stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 8 | 6 | 5 | 6 | 6 | 5 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 8 | 8 | 9 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | +29.03% | Jul 15, 2024 |
| Citigroup | Citigroup | Hold Maintains $15 → $10 | Hold | Maintains | $15 → $10 | +29.03% | May 9, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $18 → $9 | Hold | Maintains | $18 → $9 | +16.13% | May 2, 2024 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades $24 → $8.5 | Strong Buy → Hold | Downgrades | $24 → $8.5 | +9.68% | May 2, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Sell Downgrades $18 → $8 | Strong Buy → Sell | Downgrades | $18 → $8 | +3.23% | May 2, 2024 |
Financial Forecast
Revenue This Year
569.70M
from 505.99M
Increased by 12.59%
Revenue Next Year
641.12M
from 569.70M
Increased by 12.54%
EPS This Year
-0.11
from -1.03
EPS Next Year
0.05
from -0.11
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 592.3M | 678.9M | 767.7M | 868.9M | 980.7M |
| Avg | 569.7M | 641.1M | 718.8M | 844.1M | 952.7M |
| Low | 538.9M | 592.5M | 665.3M | 811.0M | 915.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.1% | 19.2% | 19.7% | 20.9% | 16.2% |
| Avg | 12.6% | 12.5% | 12.1% | 17.4% | 12.9% |
| Low | 6.5% | 4.0% | 3.8% | 12.8% | 8.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.08 | 0.16 | 0.30 | 0.58 | 0.87 |
| Avg | -0.11 | 0.05 | 0.21 | 0.56 | 0.85 |
| Low | -0.16 | -0.07 | 0.13 | 0.54 | 0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 457.5% | 175.8% | 55.3% |
| Avg | - | - | 283.3% | 168.0% | 50.9% |
| Low | - | - | 135.0% | 157.5% | 45.0% |
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.