At the time of writing, Fastly Inc [FSLY] stock is trading at $7.25, up 5.84%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FSLY shares have gain 9.85% over the last week, with a monthly amount drifted -9.03%, 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.
For the past year, the stock price of Fastly Inc fluctuated between $5.52 and $14.12. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. Fastly Inc [NYSE: FSLY] shares were valued at $7.25 at the most recent close of the market. An investor can expect a potential return of 10.34% based on the average FSLY price forecast.
Analyzing the FSLY fundamentals
According to Fastly Inc [NYSE:FSLY], the company’s sales were 543.68M for trailing twelve months, which represents an 2.03% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
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 6.94 points at the first support level, and at 6.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.48, and for the 2nd resistance point, it is at 7.72.
Ratios To Look Out For
It is important to note that Fastly Inc [NYSE:FSLY] has a current ratio of 4.21. Also, the Quick Ratio is 4.21, while the Cash Ratio stands at 2.74. Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 1.07.
Transactions by insiders
Recent insider trading involved Bergman Artur, Chief Technology Officer, that happened on Mar 05 ’25 when 5304.0 shares were sold. Director, PER ARTUR BERGMAN completed a deal on Mar 05 ’25 to buy 1766.0 shares. Meanwhile, CEO Nightingale Todd sold 22999.0 shares on Feb 28 ’25.
