Date | Price Target | Rating | Analyst |
---|---|---|---|
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 |
1/22/2024 | $11.00 → $20.00 | Sell → Neutral | Citigroup |
1/8/2024 | $12.00 → $18.00 | Underperform → Sector Perform | RBC Capital Mkts |
4/20/2023 | $12.00 → $18.00 | Underweight → Equal-Weight | Morgan Stanley |
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)
4 - Fastly, Inc. (0001517413) (Issuer)
Piper Sandler downgraded Fastly from Overweight to Neutral and set a new price target of $6.00 from $10.00 previously
DA Davidson downgraded Fastly from Buy to Neutral and set a new price target of $8.50 from $24.00 previously
BofA Securities downgraded Fastly from Buy to Underperform and set a new price target of $8.00 from $18.00 previously
Ratings for Fastly (NYSE:FSLY) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 4 1 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 4 1 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $10.08, a high estimate of $15.00, and a low estimate of $8.00. Experiencing a 42.95% decline, the current average is now lower
Piper Sandler analyst James Fish maintains Fastly (NYSE:FSLY) with a Overweight and lowers the price target from $11 to $10.
AI Accelerator underscores Fastly's commitment to developers with unique tools that produce fast, secure and compelling experiences at the edgeFastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced the launch of Fastly AI Accelerator, the company's first AI solution designed to create a better experience for developers by helping improve performance and reduce costs across the use of similar prompts for large language models (LLM) apps.
Additional findings show unwanted bots, short-lived IP addresses and out-of-band domains used by adversaries to commit cybercrime and avoid detection Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today released the "Fastly Threat Insights Report," which found 91% of cyberattacks – up from 69% in 2023 – targeted multiple customers using mass scanning techniques to uncover and exploit software vulnerabilities, revealing an alarming trend in attacks spreading across a broader target base. This new report provides the latest attack trends and techniques across the web application and API security landscape. The Fastly Threat Insights Report builds on the 2023 "Fastly Ne
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its second quarter ended June 30, 2024. "We continued to drive customer acquisition in the second quarter, achieving 4% sequential growth in Enterprise customer count," said Todd Nightingale, CEO of Fastly. "This, along with the acceleration of our go-to-market motions, contributed to revenue growth above the midpoint of our guidance." "However, we are experiencing demand challenges with some of our largest customers, and we are taking measures to align our cost structure accordingly," continued Nightingale. "This change will enable focused investment in edge cloud innovation and co
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the second quarter of 2024 after market close on Wednesday, August 7, 2024. 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, August 7, 2024 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 listen
144 - Fastly, Inc. (0001517413) (Subject)
144 - Fastly, Inc. (0001517413) (Subject)
8-K - Fastly, Inc. (0001517413) (Filer)
SC 13G/A - Fastly, Inc. (0001517413) (Subject)
SC 13G/A - Fastly, Inc. (0001517413) (Subject)
SC 13G/A - Fastly, Inc. (0001517413) (Subject)
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its second quarter ended June 30, 2024. "We continued to drive customer acquisition in the second quarter, achieving 4% sequential growth in Enterprise customer count," said Todd Nightingale, CEO of Fastly. "This, along with the acceleration of our go-to-market motions, contributed to revenue growth above the midpoint of our guidance." "However, we are experiencing demand challenges with some of our largest customers, and we are taking measures to align our cost structure accordingly," continued Nightingale. "This change will enable focused investment in edge cloud innovation and co
Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, will release financial results for the second quarter of 2024 after market close on Wednesday, August 7, 2024. 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, August 7, 2024 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 listen
Company reports positive operating cash flow of $11.1 million Fastly, Inc. (NYSE:FSLY), a leader in global edge cloud platforms, today announced financial results for its first quarter ended March 31, 2024. "I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations," said Todd Nightingale, CEO of Fastly. "But, we're not satisfied with our revenue growth outlook." "I'm happy with our innovation velocity with the release of our Bot Management Solution, which greatly enhances our security offering, and shows significant progress toward strengthening the Fastly Platform," continued Nightingale. "Our
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
Fastly Board has initiated a search to identify the Company's next CEO Joshua Bixby will step down as CEO after a successor is appointed Fastly, Inc. (NYSE:FSLY), the world's fastest global edge cloud network provider, today announced that the Board of Directors has initiated a search to identify the next CEO to lead the company through its next phase of growth. Once a successor is appointed, current Chief Executive Officer Joshua Bixby will step down as CEO and from the Fastly Board of Directors. "I am incredibly proud of what we've accomplished during my time at Fastly. We've expanded our platform to capture current and future growth and built a world-class leadership team that can co