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Fastly Inc (FSLY)

NYSE
Currency in USD
10.55
+0.23(+2.23%)
Closed
Pre Market
10.50-0.05(-0.47%)
FSLY Scorecard
Full Analysis
High shareholder yield
Fair Value
Day's Range
10.4110.93
52 wk Range
5.5225.87
Key Statistics
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Prev. Close
10.55
Open
10.53
Day's Range
10.41-10.93
52 wk Range
5.52-25.87
Volume
3.1M
Average Volume (3m)
3.09M
1-Year Change
-37.94%
Book Value / Share
6.99
Fair Value
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Fair Value Upside
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FSLY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
7.85
Downside
-25.59%
Members' Sentiments
Bearish
Bullish
ProTips
10 analysts have revised their earnings downwards for the upcoming period
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Fastly Company Profile

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.

Employees
1112

Fastly Inc SWOT Analysis


Edge Cloud Pionee
Fastly's edge cloud platform positions it at the forefront of digital infrastructure, offering real-time data and analytics for developers building digital experiences
Turnaround in Progress
Despite recent challenges with large customers, Fastly projects revenue growth exceeding 9% in the next two years, with a focus on security and AI-driven edge computing
Market Consolidation
CDN industry consolidation from six to three major players benefits Fastly, potentially improving pricing trends and creating opportunities for market share gains
Financial Targets
Analysts estimate Fastly's revenue to reach $608.5 million by FY2025, with price targets ranging from $6 to $12, as the company aims for mid-to-high single-digit EBITDA margins
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Fastly Inc Earnings Call Summary for Q2/2024

  • Q1 revenue up 14% YoY to $133.5M; gross margin at 58.8%; positive adjusted EBITDA of $3.7M
  • Q2 and 2024 guidance lowered due to reduced revenue from largest customers; pricing pressure in top accounts
  • CEO search nearing completion; new Chief Revenue Officer announcement expected in Q2
  • Focus on customer acquisition, go-to-market initiatives, and platform expansion for long-term growth
  • 2024 revenue forecast: $555M-$565M (11% growth at midpoint); Q2 revenue expected to be flat or slightly down
Last Updated: 02-05-2024, 02:22 pm
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Compare FSLY to Peers and Sector

Metrics to compare
FSLY
Peers
Sector
Relationship
P/E Ratio
−10.0x−71.9x11.2x
PEG Ratio
−0.94−0.640.01
Price/Book
1.5x14.7x2.4x
Price / LTM Sales
2.7x8.7x2.2x
Upside (Analyst Target)
−24.9%11.8%19.1%
Fair Value Upside
Unlock2.4%2.8%Unlock

Analysts' Recommendations

1 Buy
9 Hold
2 Sell
Ratings:
10 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 7.85

(-25.59% Downside)

FAQ

What Is the Fastly (FSLY) Stock Price Today?

The Fastly stock price today is 10.55.

What Stock Exchange Does Fastly Trade On?

Fastly is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Fastly?

The stock symbol for Fastly is "FSLY."

What Is the Fastly Market Cap?

As of today, Fastly market cap is 1.48B.

What is Fastly Earnings Per Share?

The Fastly EPS is -1.09.

What Is the Next Fastly Earnings Date?

Fastly will release its next earnings report on 11 Feb 2025.

From a Technical Analysis Perspective, Is FSLY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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