Fastly (NYSE:FSLY) Updates FY 2025 Earnings Guidance

Fastly (NYSE:FSLY) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.150–0.090 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on FSLY. Piper Sandler restated a “neutral” rating and set a $9.00 price target (down previously from $10.00) on shares of Fastly in a report on Thursday. Craig Hallum raised their price target on shares of Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Citigroup raised their price target on shares of Fastly from $9.00 to $10.00 and gave the company a “neutral” rating in a report on Friday, January 17th. DA Davidson raised their target price on shares of Fastly from $5.50 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Oppenheimer upgraded shares of Fastly from a “market perform” rating to an “outperform” rating and set a $12.00 target price on the stock in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, Fastly has an average rating of “Hold” and a consensus target price of $8.55.

Fastly Price Performance

Shares of Fastly stock traded up $0.26 during trading on Friday, hitting $8.23. 1,613,038 shares of the company’s stock traded hands, compared to its average volume of 3,027,031. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.97 and a quick ratio of 3.97. The firm’s fifty day moving average price is $9.99 and its 200 day moving average price is $8.11. Fastly has a twelve month low of $5.52 and a twelve month high of $18.42. The company has a market cap of $1.15 billion, a PE ratio of -7.53 and a beta of 1.26.

Fastly (NYSE:FSLY) last issued its earnings results on Wednesday, February 12th. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.22). Fastly had a negative net margin of 27.47% and a negative return on equity of 13.24%. Analysts forecast that Fastly will post -0.86 earnings per share for the current year.

Insider Activity

In related news, CTO Artur Bergman sold 16,922 shares of Fastly stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $6.25, for a total transaction of $105,762.50. Following the completion of the transaction, the chief technology officer now directly owns 6,138,900 shares of the company’s stock, valued at $38,368,125. This trade represents a 0.27 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Ronald W. Kisling sold 6,038 shares of Fastly stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $9.45, for a total transaction of $57,059.10. Following the transaction, the chief financial officer now directly owns 519,812 shares of the company’s stock, valued at $4,912,223.40. This represents a 1.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 260,152 shares of company stock worth $2,287,883. Corporate 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.