Fastly (NYSE:FSLY) Updates Q1 2025 Earnings Guidance

Fastly (NYSE:FSLY) updated its first quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.090–0.050 for the period, compared to the consensus earnings per share estimate of -0.010. The company issued revenue guidance of $136.0 million-$140.0 million, compared to the consensus revenue estimate of $137.1 million. Fastly also updated its FY 2025 guidance to -0.150–0.090 EPS.

Analysts Set New Price Targets

Several research analysts have recently commented on FSLY shares. Citigroup raised their price target on Fastly from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Craig Hallum increased their price objective on Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Robert W. Baird increased their price objective on Fastly from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. DA Davidson increased their price objective on Fastly from $5.50 to $7.50 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $9.00 price objective (down from $10.00) on shares of Fastly in a research note on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.55.

Fastly Stock Up 3.2 %

Fastly stock traded up $0.26 during midday trading on Friday, reaching $8.23. The company’s stock had a trading volume of 1,613,038 shares, compared to its average volume of 3,027,031. Fastly has a fifty-two week low of $5.52 and a fifty-two week high of $18.42. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.36. The company has a market cap of $1.15 billion, a P/E ratio of -7.53 and a beta of 1.26. The business has a 50-day simple moving average of $9.99 and a 200-day simple moving average of $8.11.

Fastly (NYSE:FSLY) last posted its earnings results on Wednesday, February 12th. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). Fastly had a negative return on equity of 13.24% and a negative net margin of 27.47%. On average, research analysts expect that Fastly will post -0.86 earnings per share for the current fiscal year.

Insider Transactions at Fastly

In other news, CTO Artur Bergman sold 10,000 shares of Fastly stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $10.58, for a total transaction of $105,800.00. Following the sale, the chief technology officer now owns 3,364,136 shares in the company, valued at approximately $35,592,558.88. The trade was a 0.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ronald W. Kisling sold 6,038 shares of Fastly stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $9.45, for a total value of $57,059.10. Following the sale, the chief financial officer now owns 519,812 shares in the company, valued at $4,912,223.40. This trade represents a 1.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 260,152 shares of company stock worth $2,287,883. Corporate insiders own 6.70% of the company’s stock.

About Fastly

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.