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Date | Price Target | Rating | Analyst |
---|---|---|---|
3/20/2025 | Perform | Oppenheimer | |
12/2/2024 | $12.00 | Perform → Outperform | Oppenheimer |
10/1/2024 | Strong Buy → Mkt Perform | Raymond James | |
8/8/2024 | $10.00 → $6.00 | Overweight → Neutral | Piper Sandler |
5/2/2024 | $24.00 → $8.50 | Buy → Neutral | DA Davidson |
5/2/2024 | $18.00 → $8.00 | Buy → Underperform | BofA Securities |
4/8/2024 | $19.00 → $16.00 | Neutral → Overweight | Piper Sandler |
2/15/2024 | $20.00 | Buy → Hold | Craig Hallum |
Company reports record fourth quarter revenue of $140.6 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its fourth quarter and full year ended December 31, 2024. "We are pleased to report record fourth quarter revenue, exceeding the high-end of our guidance range," said Todd Nightingale, CEO of Fastly. "Our platform strategy is delivering an accelerated innovation velocity and faster time to value for anyone building web experiences," continued Nightingale. "We enter 2025 with a strengthened balance sheet, a motivated go-to-market team, and intense focus on efficient customer acquisition and long-term revenue growth."
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the fourth quarter of 2024 after market close on Wednesday, February 12, 2025. Fastly will host an investor conference call that day to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET. Date: Wednesday, February 12, 2025 Time: 1:30 p.m. PT / 4:30 p.m. ET Webcast: https://investors.fastly.com Dial-in: 888-330-2022 (US/CA) or 646-960-0690 (Intl.) Conf. ID#: 7543239 Please dial in at least 10 minutes prior to the 1:30 p.m. PT start time. A live webcast of the call will be available at https://investors.fastly.com where
Reports GAAP loss of $38.0 million and record non-GAAP income of $2.4 million Delivers record adjusted EBITDA of $13.3 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its third quarter ended September 30, 2024. "Fastly delivered significant upside on our revenue guidance in Q3 along with record non-GAAP net income and adjusted EBITDA," said Todd Nightingale, CEO of Fastly. "This was driven by better-than-expected strength in some of our largest customers, continued share gains outside of our top ten customers, and faster-than-projected execution of our restructuring." "Our transformation initiatives are helping us focus on
Latest Fastly Bot Management update reduces CAPTCHA reliance, enhances bot detection, and highlights compromised credentials Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced a new update to Fastly Bot Management, delivering three key features that help organizations defend against scraping, account takeovers, and spam. For too long, websites have relied on frustrating CAPTCHAs to combat these threats, leading to poor user experiences and lost conversions. Fastly's update gives organizations the chance to break free from the CAPTCHA cycle while helping to prevent fraud, protect customer accounts, and allow legitimate users to complete logins and checkouts w
Increasing CISO involvement in strategic decisions at the board level and improving legal support for cybersecurity staff among the corporate policy changes Following a year that thrust Chief Information Security Officer (CISO) accountability into the spotlight, research from Fastly, Inc. (NYSE:FSLY), a leading global edge cloud platform provider, reveals that 93% of organizations made policy changes over the preceding 12 months to address concerns about increased personal liability for CISOs. This includes two in five organizations (41%) increasing CISO participation in strategic decisions at the board level. This press release features multimedia. View the full release here: https://ww
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced that Ron Kisling, CFO, will be participating in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco on March 4, 2025 at 4:50 p.m. PT. A webcast of this presentation will be available on Fastly's Investor Relations website at https://investors.fastly.com. About Fastly, Inc. Fastly's powerful and programmable edge cloud platform helps the world's top brands deliver online experiences that are fast, safe, and engaging through edge compute, delivery, security, and observability offerings that improve site performance, enhance security, and empower innovation at global s
Oppenheimer resumed coverage of Fastly with a rating of Perform
Oppenheimer upgraded Fastly from Perform to Outperform and set a new price target of $12.00
Raymond James downgraded Fastly from Strong Buy to Mkt Perform
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Fastly expands support to include OpenAI ChatGPT and Microsoft Azure AI Foundry Fastly Inc. (NYSE:FSLY), a global leader in edge cloud platforms, today announced the general availability of Fastly AI Accelerator. A semantic caching solution created to address the critical performance and cost challenges faced by developers with Large Language Model (LLM) generative AI applications, Fastly AI Accelerator delivers an average of 9x faster response times.1 Initially released in beta with support for OpenAI ChatGPT, Fastly AI Accelerator is also now available with Microsoft Azure AI Foundry. "AI is helping developers create so many new experiences, but too often at the expense of performance
Fastly, Inc. (NYSE:FSLY), the world's fastest global edge cloud platform, today announced that the Board of Directors has appointed Todd Nightingale as the company's next Chief Executive Officer, effective September 1, 2022. Nightingale will also join the Fastly Board of Directors upon assuming the role. He will succeed Joshua Bixby, who, as previously announced, will step down as CEO and from Fastly's Board of Directors. Bixby will remain with Fastly as an advisor. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220803005944/en/Fastly Appoints Todd Nightingale as CEO (Photo: Business Wire) Nightingale's appointment culminates a b
Fastly, Inc. (NYSE:FSLY), the world's fastest global edge cloud network provider, today announced that it has elected to postpone the Investor Day previously scheduled for May 12, 2022. The decision to postpone is the result of the current volatility in the overall markets coupled with the CEO transition announced last week. The postponement is not related to any change in the company's operations or financial results. Fastly will announce a new date for the Investor Day at the appropriate time. About Fastly Fastly is upgrading the internet experience by providing the speed, security, and innovation Enterprises need to deliver increased revenue and engaging experiences. By combining the w
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