Fastly (NYSE:FSLY) Releases Q1 2025 Earnings Guidance

Fastly (NYSE:FSLYGet Free Report) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.090–0.050 for the period, compared to the consensus estimate of -0.010. The company issued revenue guidance of $136.0 million-$140.0 million, compared to the consensus revenue estimate of $137.1 million. Fastly also updated its FY 2025 guidance to -0.150–0.090 EPS.

Fastly Trading Up 0.4 %

Shares of NYSE:FSLY traded up $0.04 during trading on Wednesday, reaching $10.10. The stock had a trading volume of 9,082,871 shares, 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. The stock has a market cap of $1.42 billion, a P/E ratio of -9.27 and a beta of 1.26. The business has a fifty day moving average price of $10.02 and a 200-day moving average price of $8.10. Fastly has a fifty-two week low of $5.52 and a fifty-two week high of $23.94.

Fastly (NYSE:FSLYGet Free Report) last issued its quarterly 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%. As a group, analysts anticipate that Fastly will post -0.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Fastly from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Piper Sandler increased their price target on shares of Fastly from $8.00 to $10.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 3rd. Citigroup lifted 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. Royal Bank of Canada upped their price objective on Fastly from $7.00 to $10.00 and gave the stock a “sector perform” rating in a report on Friday, January 3rd. Finally, Craig Hallum lifted their target price on Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a report on Thursday, November 7th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $8.85.

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Insider Activity

In other news, CTO Artur Bergman sold 3,400 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $12.01, for a total transaction of $40,834.00. Following the completion of the sale, the chief technology officer now owns 3,444,136 shares of the company’s stock, valued at approximately $41,364,073.36. This trade represents a 0.10 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ronald W. Kisling sold 16,102 shares of the company’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 $100,637.50. Following the completion of the sale, the chief financial officer now directly owns 542,462 shares in the company, valued at $3,390,387.50. This represents a 2.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 260,152 shares of company stock worth $2,287,883. 6.70% of the stock is currently owned by company insiders.

Fastly Company Profile

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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.

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