Fastly (NYSE:FSLY) Price Target Raised to $11.50 at DA Davidson

Fastly (NYSE:FSLY) had its target price lifted by equities researchers at DA Davidson from $9.50 to $11.50 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. DA Davidson’s price objective would indicate a potential downside of 4.13% from the stock’s previous close. DA Davidson also issued estimates for Fastly’s Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at ($0.64) EPS and FY2026 earnings at ($0.63) EPS.

Several other equities research analysts also recently commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a report on Wednesday, October 8th. Piper Sandler upped their price target on shares of Fastly from $7.50 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. Royal Bank Of Canada increased their price target on shares of Fastly from $7.00 to $9.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Finally, Craig Hallum raised shares of Fastly from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Thursday, August 7th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Fastly has an average rating of “Hold” and a consensus target price of $10.07.

Fastly Stock Up 0.5%

NYSE:FSLY traded up $0.07 on Tuesday, hitting $12.00. 2,888,884 shares of the company’s stock were exchanged, compared to its average volume of 3,067,804. The firm has a 50-day moving average price of $8.42 and a 200-day moving average price of $7.56. Fastly has a 52 week low of $4.65 and a 52 week high of $12.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.49 and a quick ratio of 1.49. The company has a market cap of $1.77 billion, a P/E ratio of -12.52 and a beta of 1.21.

Fastly (NYSE:FSLY) last released its earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.06. Fastly had a negative return on equity of 11.96% and a negative net margin of 23.49%.The business had revenue of $158.22 million for the quarter, compared to the consensus estimate of $151.04 million. During the same quarter in the previous year, the business earned $0.02 earnings per share. Fastly’s quarterly revenue was up 15.3% on a year-over-year basis. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS. FY 2025 guidance at 0.030-0.070 EPS. As a group, analysts expect that Fastly will post -0.78 EPS for the current fiscal year.

Insider Activity at Fastly

In other news, insider Scott R. Lovett sold 178,931 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $8.28, for a total value of $1,481,548.68. Following the completion of the transaction, the insider directly owned 1,165,185 shares in the company, valued at approximately $9,647,731.80. The trade was a 13.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Artur Bergman sold 220,000 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $10.67, for a total transaction of $2,347,400.00. Following the transaction, the chief technology officer owned 3,121,276 shares of the company’s stock, valued at approximately $33,304,014.92. This represents a 6.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 817,933 shares of company stock worth $7,170,759 over the last ninety days. Insiders own 6.70% of the company’s stock.

Institutional Trading of Fastly

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Banque Transatlantique SA acquired a new position in Fastly in the 1st quarter valued at approximately $38,000. Byrne Asset Management LLC bought a new stake in shares of Fastly in the third quarter worth $43,000. Geneos Wealth Management Inc. acquired a new stake in Fastly in the first quarter valued at $52,000. Pilgrim Partners Asia Pte Ltd bought a new position in Fastly during the 3rd quarter worth $56,000. Finally, State of Alaska Department of Revenue bought a new position in Fastly during the 3rd quarter worth $57,000. Institutional investors own 79.71% of the company’s stock.

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.