Fastly (NYSE:FSLY) Updates FY 2025 Earnings Guidance

Fastly (NYSE:FSLY) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of -0.150–0.090 for the period, compared to the consensus estimate of 0.030. The company issued revenue guidance of $575.0 million-$585.0 million, compared to the consensus revenue estimate of $575.8 million. Fastly also updated its Q1 2025 guidance to -0.090–0.050 EPS.

Fastly Price Performance

Shares of NYSE:FSLY traded down $2.11 on Thursday, hitting $7.97. The company had a trading volume of 10,199,158 shares, compared to its average volume of 2,892,645. The business has a 50 day moving average of $10.03 and a 200 day moving average of $8.11. Fastly has a 52-week low of $5.52 and a 52-week high of $23.68. The company has a market cap of $1.12 billion, a PE ratio of -7.32 and a beta of 1.26. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.36.

Fastly (NYSE:FSLY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). Fastly had a negative net margin of 27.47% and a negative return on equity of 13.24%. As a group, equities analysts anticipate that Fastly will post -0.86 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on FSLY shares. Royal Bank of Canada lowered their price objective on shares of Fastly from $10.00 to $8.00 and set a “sector perform” rating for the company in a research report on Thursday. Craig Hallum boosted their target price on shares of Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a research note on Thursday, November 7th. Oppenheimer upgraded shares of Fastly from a “market perform” rating to an “outperform” rating and set a $12.00 price objective on the stock in a research note on Monday, December 2nd. DA Davidson upped their price objective on Fastly from $5.50 to $7.50 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Citigroup raised their price objective on shares of Fastly from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $8.55.

Insiders Place Their Bets

In other Fastly news, CEO Todd Nightingale sold 49,816 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $6.25, for a total transaction of $311,350.00. Following the transaction, the chief executive officer now owns 1,600,973 shares in the company, valued at $10,006,081.25. This represents a 3.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Artur Bergman sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $10.58, for a total transaction of $105,800.00. Following the transaction, the chief technology officer now owns 3,364,136 shares of the company’s stock, valued at approximately $35,592,558.88. This represents a 0.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 260,152 shares of company stock worth $2,287,883. Company insiders own 6.70% 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.