Fastly downgraded by BofA Securities with a new price target
$FSLY
Computer Software: Prepackaged Software
Technology
BofA Securities downgraded Fastly from Buy to Underperform and set a new price target of $8.00 from $18.00 previously
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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 |
Record Revenue of $144.5 million above high-end of guidance range Generates positive free cash flow of $8.2 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its first quarter ended March 31, 2025. "Fastly outperformed our revenue and operating loss guidance in the first quarter, delivering positive free cash flow," said Todd Nightingale, CEO of Fastly. "We made great progress in our go-to-market transformation, product release velocity, and growing traffic share with our large enterprise customers which all drove upside in our results." "We are raising our financial guidance for 2025 and plan to enrich our current revenue m
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2025 after market close on Wednesday, May 7, 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, May 7, 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 listeners may log on to the event by se
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."
144 - Fastly, Inc. (0001517413) (Subject)
144 - Fastly, Inc. (0001517413) (Subject)
10-Q - Fastly, Inc. (0001517413) (Filer)
SC 13G/A - Fastly, Inc. (0001517413) (Subject)
SC 13G/A - Fastly, Inc. (0001517413) (Subject)
SC 13G - Fastly, Inc. (0001517413) (Subject)
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced the appointments of Albert Thong as Chief Marketing Officer and Tara Seracka as Chief Legal Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515486782/en/Fastly appoints Albert Thong as Chief Marketing Officer. "I am excited to welcome Tara to Fastly as our new Chief Legal Officer and appoint Albert as our Chief Marketing Officer," said Todd Nightingale, CEO of Fastly. "Tara is a strategic legal partner with expertise scaling operationally effective organizations, enabling product innovation, and delivering on a seamless revenue motion. A
Record Revenue of $144.5 million above high-end of guidance range Generates positive free cash flow of $8.2 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its first quarter ended March 31, 2025. "Fastly outperformed our revenue and operating loss guidance in the first quarter, delivering positive free cash flow," said Todd Nightingale, CEO of Fastly. "We made great progress in our go-to-market transformation, product release velocity, and growing traffic share with our large enterprise customers which all drove upside in our results." "We are raising our financial guidance for 2025 and plan to enrich our current revenue m
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the first quarter of 2025 after market close on Wednesday, May 7, 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, May 7, 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 listeners may log on to the event by se
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced the appointments of Albert Thong as Chief Marketing Officer and Tara Seracka as Chief Legal Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250515486782/en/Fastly appoints Albert Thong as Chief Marketing Officer. "I am excited to welcome Tara to Fastly as our new Chief Legal Officer and appoint Albert as our Chief Marketing Officer," said Todd Nightingale, CEO of Fastly. "Tara is a strategic legal partner with expertise scaling operationally effective organizations, enabling product innovation, and delivering on a seamless revenue motion. A
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
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
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)