Fastly (NYSE:FSLY) Issues FY 2025 Earnings Guidance

Fastly (NYSE:FSLY) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of -0.150–0.090 for the period, compared to the consensus earnings per share 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 Stock Up 0.4 %

Fastly stock traded up $0.04 during trading on Wednesday, reaching $10.10. 9,082,871 shares of the company’s stock were exchanged, compared to its average volume of 2,635,111. The company’s 50-day moving average is $10.02 and its two-hundred day moving average is $8.10. The company has a debt-to-equity ratio of 0.36, a quick ratio of 3.97 and a current ratio of 3.97. Fastly has a 52-week low of $5.52 and a 52-week high of $23.94. The firm has a market cap of $1.42 billion, a price-to-earnings ratio of -9.27 and a beta of 1.26.

Fastly (NYSE:FSLY) last posted its earnings results on Wednesday, February 12th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.22). Fastly had a negative net margin of 27.47% and a negative return on equity of 13.24%. On average, analysts predict that Fastly will post -0.86 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Craig Hallum boosted their price objective on shares of Fastly from $6.00 to $8.00 and gave the stock a “hold” rating in a report on Thursday, November 7th. Oppenheimer upgraded 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. Piper Sandler boosted their target price on shares of Fastly from $8.00 to $10.00 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. Citigroup raised their price target on shares of Fastly from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Finally, Royal Bank of Canada increased their price objective on shares of Fastly from $7.00 to $10.00 and gave the stock a “sector perform” rating in a research note on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, Fastly currently has an average rating of “Hold” and a consensus price target of $8.85.

Insiders Place Their Bets

In other news, CTO Artur Bergman sold 3,400 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was sold at an average price of $12.01, for a total value of $40,834.00. Following the sale, the chief technology officer now owns 3,444,136 shares of the company’s stock, valued at approximately $41,364,073.36. The trade was a 0.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Todd Nightingale sold 49,816 shares of Fastly stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $6.25, for a total value of $311,350.00. Following the transaction, the chief executive officer now directly owns 1,600,973 shares in the company, valued at approximately $10,006,081.25. The trade was a 3.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 260,152 shares of company stock worth $2,287,883. Insiders own 6.70% of the company’s stock.

About Fastly

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.