Fastly (NYSE:FSLY) Releases Q1 2025 Earnings Guidance

Fastly (NYSE:FSLY - Get Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.090--0.050 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $136.0 million-$140.0 million, compared to the consensus revenue estimate of $137.1 million. Fastly also updated its FY 2025 guidance to -0.150--0.090 EPS.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Royal Bank of Canada decreased their target price on Fastly from $10.00 to $8.00 and set a "sector perform" rating on the stock in a report on Thursday. Piper Sandler reissued a "neutral" rating and set a $9.00 target price (down from $10.00) on shares of Fastly in a report on Thursday. Oppenheimer raised Fastly from a "market perform" rating to an "outperform" rating and set a $12.00 target price on the stock in a report on Monday, December 2nd. DA Davidson boosted their target price on Fastly from $5.50 to $7.50 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Finally, Robert W. Baird boosted their target price on Fastly from $7.00 to $8.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $8.55.

Fastly Stock Performance

NYSE FSLY traded up $0.12 on Friday, reaching $8.09. The stock had a trading volume of 5,269,424 shares, compared to its average volume of 2,172,157. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.97 and a quick ratio of 3.97. The firm has a fifty day moving average of $9.93 and a two-hundred day moving average of $8.11. Fastly has a 1-year low of $5.52 and a 1-year high of $18.42. The company has a market cap of $1.13 billion, a P/E ratio of -7.42 and a beta of 1.26.

Fastly (NYSE:FSLY - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). Fastly had a negative net margin of 27.47% and a negative return on equity of 13.24%. On average, equities research analysts anticipate that Fastly will post -0.86 EPS for the current year.

Insider Activity

In other news, CTO Artur Bergman sold 10,000 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of $10.58, for a total transaction of $105,800.00. Following the completion of the sale, the chief technology officer now directly owns 3,364,136 shares in the company, valued at approximately $35,592,558.88. This represents a 0.30 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Todd Nightingale sold 49,816 shares of the company's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $6.25, for a total value of $311,350.00. Following the sale, the chief executive officer now owns 1,600,973 shares of the company's stock, valued at approximately $10,006,081.25. The trade was a 3.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 260,152 shares of company stock worth $2,287,883. 6.70% of the stock is currently owned by company insiders.

About Fastly

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.