Fastly, Inc. (NYSE:FSLY – Get Free Report) has earned a consensus recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $13.1429.
Several research analysts recently commented on the stock. KeyCorp upgraded shares of Fastly from a “sector weight” rating to an “overweight” rating and set a $14.00 target price on the stock in a report on Monday, December 15th. Piper Sandler reaffirmed a “neutral” rating and issued a $14.00 price target (up from $11.00) on shares of Fastly in a research report on Thursday, February 12th. Citigroup lifted their price objective on Fastly from $10.00 to $13.00 and gave the stock a “neutral” rating in a research note on Friday, February 13th. Royal Bank Of Canada boosted their price objective on Fastly from $12.00 to $20.00 and gave the stock a “sector perform” rating in a research report on Monday, March 2nd. Finally, DA Davidson set a $13.00 target price on Fastly in a research note on Thursday, February 12th.
Read Our Latest Research Report on Fastly
Insider Transactions at Fastly
Institutional Trading of Fastly
Hedge funds have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Fastly in the 4th quarter worth $41,000. Align Financial LLC bought a new position in shares of Fastly during the 4th quarter worth about $41,000. Byrne Asset Management LLC acquired a new position in shares of Fastly during the third quarter valued at about $43,000. Quarry LP bought a new stake in shares of Fastly in the third quarter valued at about $49,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of Fastly in the first quarter valued at about $52,000. 79.71% of the stock is owned by institutional investors.
Key Fastly News
Here are the key news stories impacting Fastly this week:
- Positive Sentiment: Company fundamentals and deal flow drove the recent rally: Fastly reported strong Q4 performance and cleared a near‑term debt maturity, supporting its rebound and helping push the stock to a 52‑week/4‑year high. Fastly (FSLY) Stock Soars to 52-Week Peak After Debt Maturity and Strong Q4 Performance
- Positive Sentiment: New commercial wins helped sentiment — Fastly announced a partnership with a Dublin-based data platform to launch solutions for real‑time insights, a catalyst cited by markets for the recent price jump. Fastly (FSLY) Soars to 4-Year High on New Deal With Dublin-Based Firm
- Positive Sentiment: Analyst attention and institutional accumulation have been supportive: several upgrades/coverage changes and larger institutional positions were noted in recent filings, which helped sustain the multi‑month rally. MarketBeat Fastly coverage and analyst notes
- Neutral Sentiment: Technical context: the stock is well above its 50‑ and 200‑day moving averages and has seen volumes spike above average — this supports momentum but also raises the risk of short‑term volatility. MarketBeat Fastly technicals and metrics
- Negative Sentiment: Insider sales by a senior exec (Scott R. Lovett) were disclosed this week — multiple Form 4 filings show large sales totaling several hundred thousand dollars, which investors often view as a signal to take profits. SEC Form 4 disclosure for Scott R. Lovett
- Negative Sentiment: Media flagged insider selling amid the stock’s surge, which has increased caution among retail investors despite the positive news flow. That narrative likely contributed to today’s pullback. FSLY stock hits 52-week high, retail flags caution over insider sales
Fastly Price Performance
Shares of Fastly stock opened at $25.20 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.16. The firm has a fifty day simple moving average of $15.42 and a 200-day simple moving average of $11.57. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of -26.25 and a beta of 0.88. Fastly has a 1-year low of $4.65 and a 1-year high of $27.59.
About Fastly
Fastly, Inc operates an edge cloud platform designed to accelerate, secure and enable modern digital experiences. The company offers a suite of services including a content delivery network (CDN), edge compute, load balancing, web application firewall (WAF) and DDoS protection. Fastly’s real-time architecture allows customers to seamlessly deploy software logic at the network edge, reducing latency by bringing applications and content closer to end users.
Founded in 2011 by Artur Bergman, Fastly has evolved from a pure-play CDN provider into a comprehensive edge cloud platform.
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