Growth Story Still Intact For Fastly Inc (FSLY)

Fastly Inc (FSLY) concluded trading on Thursday at a closing price of $6.50, with 3.41 million shares of worth about $22.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.17% during that period and on March 06, 2025 the price saw a loss of about -7.01%. Currently the company’s common shares owned by public are about 142.09M shares, out of which, 129.73M shares are available for trading.

Stock saw a price change of -3.42% in past 5 days and over the past one month there was a price change of -38.21%. Year-to-date (YTD), FSLY shares are showing a performance of -31.14% which decreased to -54.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.52 but also hit the highest price of $14.25 during that period. The average intraday trading volume for Fastly Inc shares is 3.37 million. The stock is currently trading -18.14% below its 20-day simple moving average (SMA20), while that difference is down -28.42% for SMA50 and it goes to -17.95% lower than SMA200.

Fastly Inc (NYSE: FSLY) currently have 142.09M outstanding shares and institutions hold larger chunk of about 65.75% of that.

The stock has a current market capitalization of $924.95M and its 3Y-monthly beta is at 1.42. It has posted earnings per share of -$1.15 in the same period. It has Quick Ratio of 4.21 while making debt-to-equity ratio of 0.42. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FSLY, volatility over the week remained 6.63% while standing at 5.73% over the month.

Stock’s fiscal year EPS is expected to rise by 13.26% while it is estimated to increase by 115.32% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on December 02, 2024 offering an Outperform rating for the stock and assigned a target price of $12 to it. On August 08, 2024, Piper Sandler Downgrade their recommendations, while on May 02, 2024, DA Davidson Downgrade their ratings for the stock with a price target of $8.50. Stock get an Underperform rating from BofA Securities on May 02, 2024.

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