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.
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 |
Metrics to compare | FSLY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipFSLYPeersSector | |
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P/E Ratio | −10.0x | −71.9x | 11.2x | |
PEG Ratio | −0.94 | −0.64 | 0.01 | |
Price/Book | 1.5x | 14.7x | 2.4x | |
Price / LTM Sales | 2.7x | 8.7x | 2.2x | |
Upside (Analyst Target) | −24.9% | 11.8% | 19.1% | |
Fair Value Upside | Unlock | 2.4% | 2.8% | Unlock |