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NYSE:FSLY

Fastly (FSLY) Stock Price, News & Analysis

$6.89
+0.19 (+2.84%)
(As of 03:25 PM ET)
Today's Range
$6.66
$6.91
50-Day Range
$5.63
$8.21
52-Week Range
$5.52
$25.87
Volume
1.60 million shs
Average Volume
3.77 million shs
Market Capitalization
$941.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.81

Fastly MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
14.7% Upside
$7.81 Price Target
Short Interest
Healthy
10.46% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.52mentions of Fastly in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$990,251 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.96) to ($0.77) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Computer And Technology Sector

290th out of 602 stocks

Prepackaged Software Industry

96th out of 204 stocks

FSLY stock logo

About Fastly Stock (NYSE: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 shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, privacy, and modern protocols and performance services; and video/ streaming solutions and services, including live streaming, video on demand, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, and compliance services; load balancing; image optimization; transport layer security (TLS), platform TLS, and certainly; and origin connect. It serves customers operating in digital publishing, media and entertainment, technology, online education, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

FSLY Stock Price History

FSLY Stock News Headlines

Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
Akamai Technologies logo is seen in the background of a silhouetted woman holding a mobile phone
Akamai: AI Tailwinds Drive Edge Computing and Security Growth (FSLY)
Akamai Technologies Inc. (NASDAQ: AKAM) is a leading content delivery network (CDN) that also provides cloud security and edge computing solutions.
Artur Bergman Sells 19,889 Shares of Fastly, Inc. (NYSE:FSLY) Stock
FSLY Jan 2026 30.000 put
Biden's Executive Order, Dems Digital Money Legislation, First Step To
Donald Trump once again sounded the alarm against Fed-controlled digital currencies (CBDCs). If these plans are implemented, it could mean the end of America as we know it.
Fastly Research: Bad Bots Cost Organizations Millions
Morgan Stanley Sticks to Its Hold Rating for Fastly (FSLY)
Fastly (FSLY) Gets a Hold from RBC Capital
Fastly Inc (2Y7.MU)
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/16/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
1,207
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.81
High Stock Price Target
$10.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+14.7%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Net Income
$-133,090,000.00
Pretax Margin
-30.92%

Debt

Sales & Book Value

Annual Sales
$531.48 million
Book Value
$7.49 per share

Miscellaneous

Free Float
127,483,000
Market Cap
$930.50 million
Optionable
Optionable
Beta
1.20
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FSLY Stock Analysis - Frequently Asked Questions

How have FSLY shares performed this year?

Fastly's stock was trading at $17.80 at the start of the year. Since then, FSLY stock has decreased by 61.7% and is now trading at $6.81.
View the best growth stocks for 2024 here
.

How were Fastly's earnings last quarter?

Fastly, Inc. (NYSE:FSLY) posted its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.01. The business's revenue for the quarter was up 7.8% on a year-over-year basis.

When did Fastly IPO?

Fastly (FSLY) raised $170 million in an initial public offering (IPO) on Friday, May 17th 2019. The company issued 11,300,000 shares at a price of $14.00-$16.00 per share. BofA Merrill Lynch, Credit Suisse and Citigroup served as the underwriters for the IPO and William Blair, Raymond James, Baird, Oppenheimer, Craig-Hallum Capital Group and D.A. Davidson & Co. were co-managers.

Who are Fastly's major shareholders?

Fastly's top institutional shareholders include Dimensional Fund Advisors LP (2.47%), Bank of New York Mellon Corp (0.93%), Squarepoint Ops LLC and Point72 Asset Management L.P. (0.55%). Insiders that own company stock include Artur Bergman, Todd Nightingale, Joshua Bixby, Ronald W Kisling, Brett Shirk, David Hornik, Christopher B Paisley, Richard Devon Daniels and Paul Luongo.
View institutional ownership trends
.

How do I buy shares of Fastly?

Shares of FSLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Fastly own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Fastly investors own include NVIDIA (NVDA), DocuSign (DOCU), Block (SQ), Shopify (SHOP), Tesla (TSLA), Zoom Video Communications (ZM) and Trade Desk (TTD).

This page (NYSE:FSLY) was last updated on 9/16/2024 by MarketBeat.com Staff

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