Fastly, Inc. (FSLY)
| Market Cap | 1.77B |
| Revenue (ttm) | 521.94M |
| Net Income (ttm) | -131.83M |
| Shares Out | 136.62M |
| EPS (ttm) | -0.99 |
| PE Ratio | n/a |
| Forward PE | 769.23 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 6,525,481 |
| Open | 12.73 |
| Previous Close | 12.65 |
| Day's Range | 12.58 - 13.36 |
| 52-Week Range | 11.61 - 25.87 |
| Beta | 1.21 |
| Analysts | Buy |
| Price Target | 18.38 (+42.15%) |
| 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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for FSLY stock is "Buy." The 12-month stock price forecast is $18.38, which is an increase of 42.15% from the latest price.
News
Fastly shares sink 30% on weaker guidance
Fastly shares FSLY, +2.21% dived 30% in afterhours trading following guidance for the second-quarter and 2024.
Fastly Announces First Quarter 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Announces First Quarter 2024 Financial Results.
Hawcx Launches Cutting-edge Passwordless Authentication Platform, Appointing Lakshmi Sharma, Former CPO of Fastly, as Chief Product Officer
LOS ALTOS, Calif.--(BUSINESS WIRE)-- #cybersecurity--Hawcx unveils its advanced passwordless authentication platform, appoints Lakshmi Sharma as their first Chief Product Officer.
Fastly Recognized as a GartnerⓇ Peer Insights™ Customers' Choice for Cloud Web Application and API Protection for Sixth Consecutive Year
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Recognized as a GartnerⓇ Peer Insights™ Customers' Choice for Cloud Web Application and API Protection for Sixth Consecutive Year.
Fastly to Announce First Quarter 2024 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2024 after market close on Wednesday, May 1,...
Fastly Unveils New Bot Management Solution to Help Detect and Block Threats at the Edge
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Unveils New Bot Management Solution to Help Detect and Block Threats at the Edge.
Fastly Launches New Global Event Series: Xcelerate 2024
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Launches New Global Event Series: Xcelerate 2024.
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...
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.
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.
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...
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...
Fastly Names Kip Compton as Chief Product Officer
SAN FRANCISCO--(BUSINESS WIRE)---- $FSLY #CDN--Fastly Names Kip Compton as Chief Product Officer.
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.
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 ...
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...
Fastly Announces Third Quarter 2023 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Today Fastly announced its Q3 FY2023 earnings.
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.
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...
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...
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 ...
Fastly Stock Soars as Earnings Top Estimates
The content delivery network provider sees better-than-forecast growth and raises its full-year revenue outlook.
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 ...
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 ...
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...