A share price of Fastly Inc [FSLY] is currently trading at $6.99, up 5.91%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FSLY shares have gain 0.14% over the last week, with a monthly amount drifted -31.40%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Fastly Inc [NYSE: FSLY] stock has seen the most recent analyst activity on December 02, 2024, when Oppenheimer upgraded its rating to a Outperform but kept the price target unchanged to $12 for it. Previously, Raymond James downgraded its rating to Mkt Perform on October 01, 2024. On August 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $6 on the stock. DA Davidson downgraded its rating to a Neutral and decreased its price target to $8.50 on May 02, 2024. BofA Securities downgraded its rating to a Underperform and reduced its price target to $8 on May 02, 2024. Piper Sandler upgraded its rating to Overweight for this stock on April 08, 2024, and downed its price target to $16. In a note dated February 15, 2024, Craig Hallum downgraded an Hold rating on this stock but restated the target price of $20.
Fastly Inc experienced fluctuations in its stock price throughout the past year between $5.52 and $14.25. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Fastly Inc [NYSE: FSLY] shares were valued at $6.99 at the most recent close of the market. An investor can expect a potential return of 14.45% based on the average FSLY price forecast.
Analyzing the FSLY fundamentals
Trailing Twelve Months sales for Fastly Inc [NYSE:FSLY] were 543.68M which represents 2.03% growth. Gross Profit Margin for this corporation currently stands at 0.53% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.16 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.70 points at the first support level, and at 6.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.16, and for the 2nd resistance point, it is at 7.33.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Fastly Inc [NYSE:FSLY] is 4.21. In addition, the Quick Ratio stands at 4.21 and the Cash Ratio stands at 2.74. Considering the valuation of this stock, the price to sales ratio is 1.83, the price to book ratio is 1.03.
Transactions by insiders
Recent insider trading involved PER ARTUR BERGMAN, Director, that happened on Mar 05 ’25 when 1766.0 shares were purchased. CEO, Nightingale Todd completed a deal on Feb 28 ’25 to sell 22999.0 shares. Meanwhile, Chief Financial Officer KISLING RONALD W sold 3795.0 shares on Feb 28 ’25.
