Fastly (NYSE:FSLY) Price Target Raised to $11.50

Fastly (NYSE:FSLY) had its price target raised by DA Davidson from $9.50 to $11.50 in a report published on Tuesday morning,Benzinga reports. DA Davidson currently has a neutral rating on the stock. DA Davidson also issued estimates for Fastly’s Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at ($0.64) EPS and FY2026 earnings at ($0.63) EPS.

FSLY has been the subject of several other research reports. Royal Bank Of Canada increased their target price on Fastly from $7.00 to $9.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Craig Hallum upgraded Fastly from a “hold” rating to a “buy” rating and set a $10.00 price target for the company in a report on Thursday, August 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Fastly in a research report on Wednesday, October 8th. Finally, Piper Sandler boosted their target price on shares of Fastly from $7.50 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Fastly presently has a consensus rating of “Hold” and an average target price of $10.36.

Fastly Price Performance

NYSE FSLY opened at $11.48 on Tuesday. Fastly has a 1 year low of $4.65 and a 1 year high of $12.54. The company has a fifty day simple moving average of $8.68 and a 200 day simple moving average of $7.66. The company has a current ratio of 1.46, a quick ratio of 1.49 and a debt-to-equity ratio of 0.16. The company has a market cap of $1.71 billion, a P/E ratio of -11.96 and a beta of 1.21.

Fastly (NYSE:FSLY) last released its earnings results on Wednesday, November 5th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.06. Fastly had a negative net margin of 23.49% and a negative return on equity of 12.02%. The firm had revenue of $158.22 million during the quarter, compared to analyst estimates of $151.04 million. During the same quarter in the previous year, the business earned $0.02 EPS. The business’s revenue was up 15.3% on a year-over-year basis. Fastly has set its Q4 2025 guidance at 0.040-0.080 EPS. FY 2025 guidance at 0.030-0.070 EPS. On average, sell-side analysts predict that Fastly will post -0.78 EPS for the current year.

Insider Activity at Fastly

In other news, CTO Artur Bergman sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $11.92, for a total transaction of $476,800.00. Following the sale, the chief technology officer directly owned 3,081,276 shares in the company, valued at approximately $36,728,809.92. The trade was a 1.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Charles Lacey Compton III sold 11,378 shares of the company’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $8.41, for a total value of $95,688.98. Following the completion of the transaction, the chief executive officer owned 659,313 shares of the company’s stock, valued at $5,544,822.33. The trade was a 1.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 857,933 shares of company stock worth $7,647,559 in the last three months. 6.70% of the stock is owned by insiders.

Institutional Trading of Fastly

Several institutional investors have recently made changes to their positions in the business. Entropy Technologies LP bought a new stake in Fastly in the third quarter valued at about $338,000. Invesco Ltd. boosted its holdings in Fastly by 31.3% during the third quarter. Invesco Ltd. now owns 359,055 shares of the company’s stock valued at $3,070,000 after purchasing an additional 85,583 shares in the last quarter. Sei Investments Co. bought a new stake in shares of Fastly in the 3rd quarter valued at approximately $455,000. BNP Paribas Financial Markets raised its holdings in shares of Fastly by 81.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 338,204 shares of the company’s stock worth $2,892,000 after buying an additional 152,057 shares in the last quarter. Finally, Swiss National Bank raised its holdings in shares of Fastly by 2.9% in the 3rd quarter. Swiss National Bank now owns 266,600 shares of the company’s stock worth $2,279,000 after buying an additional 7,600 shares in the last quarter. 79.71% of the stock is currently owned by institutional investors and hedge funds.

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.