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Fastly (FSLY)
NYSE:FSLY
Fastly (FSLY) Stock Price & Analysis
6,251 Followers
FSLY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.77 - $25.87
Previous Close$7.23
Volume1.79M
Average Volume (3M)3.81M
Market Cap
$987.62M
Enterprise Value$1.10B
Total Cash (Recent Filing)$322.72M
Total Debt (Recent Filing)$433.32M
Price to Earnings (P/E)―
Beta2.24
Next Earnings
Jul 31, 2024EPS Estimate
-$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.00
Shares Outstanding136,600,000
10 Day Avg. Volume3,655,913
30 Day Avg. Volume3,810,477
Standard Deviation0.26
R-Squared0.05
Alpha-0.00110
Financial Highlights & Ratios
Price to Book (P/B)4.03
Price to Sales (P/S)1.96
Price to Cash Flow (P/CF)-33.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.17
Enterprise Value/Gross Profit4.12
Enterprise Value/Ebitda-138.44
Forecast
1Y Price Target
$10.56Price Target Upside47.28% Upside
Rating ConsensusHold
Number of Analyst Covering10
Fastly News
Bulls Say, Bears Say
Bulls Say
Market PositioningFastly’s positioning on the edge compute market and expansion within its security portfolio should help drive cross-selling, especially as larger enterprise customers contracts come up for renewal.
Revenue And EarningsQ1 revenue of $133.5 million slightly beat forecast, with the adjusted operating loss of $9.7 million beating the $12.0 million loss forecast.
Security ProductsThe company's new security products are expected to drive material incremental growth.
Bears Say
Customer DependencyThe top 10 customers accounted for 38% of total revenue in Q1 vs. 40% in Q4, reflecting lower traffic from some of its largest customers.
Financial PerformanceFSLY lowered its full-year revenue guide to $555-565 million vs. $580-590 million prior.
Market PositionFastly is experiencing share loss and pricing pressure within the delivery business, as evidenced by 2Q revenue guide of 7.5% growth, compared to Street’s 14%.
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Ownership Overview
27.55% Insiders
22.63% Mutual Funds
35.56% Other Institutional Investors
14.26% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FSLY FAQ
What was Fastly’s price range in the past 12 months?
Fastly lowest stock price was $6.77 and its highest was $25.87 in the past 12 months.
What is Fastly’s market cap?
Currently, no data Available
When is Fastly’s upcoming earnings report date?
Fastly’s upcoming earnings report date is Jul 31, 2024 which is in 28 days.
How were Fastly’s earnings last quarter?
Fastly released its earnings results on May 01, 2024. The company reported -$0.05 earnings per share for the quarter, beating the consensus estimate of -$0.064 by $0.014.
Is Fastly overvalued?
According to Wall Street analysts Fastly’s price is currently Undervalued.
Does Fastly pay dividends?
Fastly does not currently pay dividends.
What is Fastly’s EPS estimate?
Fastly’s EPS estimate is -$0.08.
How many shares outstanding does Fastly have?
Fastly has 136,600,000 shares outstanding.
What happened to Fastly’s price movement after its last earnings report?
Fastly reported an EPS of -$0.05 in its last earnings report, beating expectations of -$0.064. Following the earnings report the stock price went down -32.019%.
Which hedge fund is a major shareholder of Fastly?
Among the largest hedge funds holding Fastly’s share is Hussman Strategic Advisors Inc. It holds Fastly’s shares valued at 2M.
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Fastly Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$10.56 (47.28% Upside)
$10.56 (47.28% Upside)
Blogger Sentiment
Bullish
FSLY Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.6%
Last 30 Days ▼ 2.3%
Last 30 Days ▼ 2.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.15%
12-Months-Change
Fundamentals
Return on Equity
-13.52%
Trailing 12-Months
Asset Growth
-19.14%
Trailing 12-Months
Company Description
Fastly
Fastly, Inc. provides real-time content delivery network services. It offers edge cloud platform, edge software development kit (SDK), content delivery and image optimization, video and streaming, cloud security, load balancing, and managed CDN. The company was founded by Artur Bergman, Simon Wistow, and Gil Penchina in March 2011 and is headquartered in San Francisco, CA.
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FSLY Earnings Call
Q1 2024
0:00 / 0:00
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FSLY Revenue Breakdown
90.61% Enterprise customers
9.39% Non-enterprise customers
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FSLY Stock 12 Month Forecast
Average Price Target
$10.56
▲(47.28% Upside)
Technical Analysis
Best Analysts Covering FSLY
1 Year
1 Year Success Rate
1/14 ratings generated profit
1 Year Average Return
-31.26%
reiterated a buy rating 2 months ago
Copying Frank Louthan's trades and holding each position for 1 Year would result in 7.14% of your transactions generating a profit, with an average return of -31.26% per trade.
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