Fastly (NYSE:FSLY) Updates FY 2025 Earnings Guidance

Fastly (NYSE:FSLY) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of -0.150–0.090 for the period, compared to the consensus EPS estimate of 0.030. The company issued revenue guidance of $575.0 million-$585.0 million, compared to the consensus revenue estimate of $575.8 million. Fastly also updated its Q1 2025 guidance to -0.090–0.050 EPS.

Fastly Price Performance

Shares of NYSE:FSLY traded up $0.04 during trading on Wednesday, reaching $10.10. 9,082,871 shares of the company’s stock traded hands, compared to its average volume of 2,635,111. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.36. Fastly has a fifty-two week low of $5.52 and a fifty-two week high of $23.94. The company has a 50-day simple moving average of $10.02 and a 200-day simple moving average of $8.10. The firm has a market cap of $1.42 billion, a PE ratio of -9.27 and a beta of 1.26.

Fastly (NYSE:FSLY) last posted its quarterly earnings data on Wednesday, February 12th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). Fastly had a negative return on equity of 13.24% and a negative net margin of 27.47%. As a group, analysts predict that Fastly will post -0.86 earnings per share for the current year.

Analysts Set New Price Targets

FSLY has been the topic of a number of research reports. Oppenheimer upgraded Fastly from a “market perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a report on Monday, December 2nd. Robert W. Baird raised their price objective on shares of Fastly from $7.00 to $8.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted their target price on shares of Fastly from $7.00 to $10.00 and gave the company a “sector perform” rating in a report on Friday, January 3rd. Craig Hallum lifted their price target on shares of Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Finally, Piper Sandler lifted their target price on Fastly from $8.00 to $10.00 and gave the company a “neutral” rating in a research report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $8.85.

Insider Buying and Selling

In related news, CEO Todd Nightingale sold 49,816 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $6.25, for a total transaction of $311,350.00. Following the completion of the transaction, the chief executive officer now owns 1,600,973 shares in the company, valued at approximately $10,006,081.25. The trade was a 3.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CTO Artur Bergman sold 16,922 shares of the firm’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 $105,762.50. Following the completion of the sale, the chief technology officer now owns 6,138,900 shares in the company, valued at approximately $38,368,125. This represents a 0.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 260,152 shares of company stock valued at $2,287,883 in the last ninety days. Company insiders own 6.70% of the company’s stock.

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.