In last trading session, Fastly Inc (NYSE:FSLY) saw 3.39 million shares changing hands with its beta currently measuring 1.24. Company’s recent per share price level of $7.88 trading at -$0.29 or -3.55% at ring of the bell on the day assigns it a market valuation of $1.11B. That closing price of FSLY’s stock is at a discount of -100.51% from its 52-week high price of $15.80 and is indicating a premium of 29.95% from its 52-week low price of $5.52.
For Fastly Inc (FSLY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.17. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Fastly Inc (NYSE:FSLY) trade information
Upright in the red during last session for losing -3.55%, in the last five days FSLY remained trading in the red while hitting it’s week-highest on Wednesday, 02/12/25 when the stock touched $7.88 price level, adding 22.21% to its value on the day. Fastly Inc’s shares saw a change of -16.53% in year-to-date performance and have moved -21.67% in past 5-day. Fastly Inc (NYSE:FSLY) showed a performance of -15.18% in past 30-days.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a rise of 1.5% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would drop -1.52% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.52% for stock’s current value.
Fastly Inc (FSLY) estimates and forecasts
This year revenue growth is estimated to rise 6.77% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 138M for the same. And 9 analysts are in estimates of company making revenue of 140.75M in the next quarter. Company posted 133.52M and 132.37M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -8.70% during past 5 years.
Fastly Inc (NYSE:FSLY)’s Major holders
VANGUARD GROUP INC is the top institutional holder at FSLY for having 15.3 million shares of worth $112.75 million. And as of 2024-06-30, it was holding 11.3669 of the company’s outstanding shares.
The second largest institutional holder is MORGAN STANLEY, which was holding about 11.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8233 of outstanding shares, having a total worth of $87.52 million.
On the other hand, Amplify ETF Tr-Amplify Cybersecurity ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 5.07 shares of worth $39.94 million or 3.61% of the total outstanding shares. The later fund manager was in possession of 3.94 shares on Sep 30, 2024 , making its stake of worth around $31.04 million in the company or a holder of 2.81% of company’s stock.
