Fastly Inc. [FSLY] Revenue clocked in at $354.30 million, down -52.44% YTD: What’s Next?



Fastly Inc. [NYSE: FSLY] stock went on an upward path that rose over 0.96% on Wednesday, amounting to a one-week price increase of more than 3.37%. The company report on May 4, 2022 that Fastly Announces Leadership Transition and Succession Plan.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '22.
Small-cap Uranium stocks are booming in 2022! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here. .


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.

Over the last 12 months, FSLY stock dropped by -70.96%. The one-year Fastly Inc. stock forecast points to a potential upside of 24.5. The average equity rating for FSLY stock is currently 3.20, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $2.19 billion, with 118.25 million shares outstanding and 109.76 million shares in the current float. Compared to the average trading volume of 5.91M shares, FSLY stock reached a trading volume of 6903546 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Fastly Inc. [FSLY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FSLY shares is $22.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FSLY stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Raymond James have made an estimate for Fastly Inc. shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on February 18, 2022. While these analysts kept the previous recommendation, RBC Capital Mkts dropped their target price from $30 to $20. The new note on the price target was released on February 17, 2022, representing the official price target for Fastly Inc. stock. Previously, the target price had yet another drop from $35 to $23, while Piper Sandler kept a Neutral rating on FSLY stock. On February 17, 2022, analysts decreased their price target for FSLY shares from 43 to 25.

The Average True Range (ATR) for Fastly Inc. is set at 1.36, with the Price to Sales ratio for FSLY stock in the period of the last 12 months amounting to 6.19. The Price to Book ratio for the last quarter was 1.97, with the Price to Cash per share for the same quarter was set at 4.06.

FSLY Stock Performance Analysis:

Fastly Inc. [FSLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.37. With this latest performance, FSLY shares dropped by -12.87% in over the last four-week period, additionally sinking by -65.82% over the last 6 months – not to mention a drop of -70.96% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FSLY stock in for the last two-week period is set at 45.86, with the RSI for the last a single of trading hit 46.17, and the three-weeks RSI is set at 44.84 for Fastly Inc. [FSLY]. The present Moving Average for the last 50 days of trading for this stock 17.16, while it was recorded at 16.63 for the last single week of trading, and 34.48 for the last 200 days.

Insight into Fastly Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Fastly Inc. [FSLY] shares currently have an operating margin of -61.11 and a Gross Margin at +51.09. Fastly Inc.’s Net Margin is presently recorded at -62.85.

Return on Equity for this stock declined to -21.46, with Return on Assets sitting at -13.18.

Fastly Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.70 and a Current Ratio set at 4.70.


The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FSLY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fastly Inc. go to 30.00%.

Fastly Inc. [FSLY] Insider Position Details

There are presently around $1,301 million, or 55.80% of FSLY stock, in the hands of institutional investors. The top three institutional holders of FSLY stocks are: MORGAN STANLEY with ownership of 13,849,381, which is approximately -1.044% of the company’s market cap and around 7.10% of the total institutional ownership; ABDIEL CAPITAL ADVISORS, LP, holding 11,869,869 shares of the stock with an approximate value of $198.23 million in FSLY stocks shares; and VANGUARD GROUP INC, currently with $156.82 million in FSLY stock with ownership of nearly 9.102% of the company’s market capitalization.

Positions in Fastly Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 126 institutional holders increased their position in Fastly Inc. [NYSE:FSLY] by around 12,130,301 shares. Additionally, 176 investors decreased positions by around 6,851,583 shares, while 57 investors held positions by with 58,896,012 shares. The mentioned changes placed institutional holdings at 77,877,896 shares, according to the latest SEC report filing. FSLY stock had 59 new institutional investments in for a total of 6,268,963 shares, while 74 institutional investors sold positions of 1,955,189 shares during the same period.