Fastly (NYSE:FSLY) Issues 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 Ratings Changes

Several equities analysts have recently commented on the company. DA Davidson raised their price target on Fastly from $5.50 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Royal Bank of Canada lifted their target price on Fastly from $7.00 to $10.00 and gave the company a “sector perform” rating in a research note on Friday, January 3rd. Citigroup lifted their target price on Fastly from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Robert W. Baird lifted their target price on Fastly from $7.00 to $8.00 and gave the company a “neutral” rating in a research note 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 note 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’s stock. According to MarketBeat, Fastly has a consensus rating of “Hold” and an average price target of $8.85.

Fastly Stock Performance

Shares of Fastly stock traded up $0.04 on Wednesday, reaching $10.10. 9,005,003 shares of the stock were exchanged, compared to its average volume of 2,625,632. 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 twelve month low of $5.52 and a twelve month high of $23.94. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of -9.27 and a beta of 1.26. The business has a 50 day moving average price of $10.02 and a two-hundred day moving average price of $8.10.

Fastly (NYSE:FSLY) last released its earnings results on Wednesday, February 12th. The company reported ($0.21) EPS 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%. Analysts anticipate that Fastly will post -0.86 earnings per share for the current fiscal year.

Insider Buying and Selling at Fastly

In other news, CTO Artur Bergman sold 16,922 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was 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 directly owns 6,138,900 shares in the company, valued at $38,368,125. The trade was a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Ronald W. Kisling sold 6,038 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $9.45, for a total value of $57,059.10. Following the completion of the sale, the chief financial officer now owns 519,812 shares of the company’s stock, valued at $4,912,223.40. This trade represents a 1.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 250,152 shares of company stock valued at $2,182,083. 6.70% of the stock is owned by company insiders.

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.