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Fastly - FSLY Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $18.56
  • Forecasted Upside: 49.64%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 1 Strong Buy Ratings
$12.40 As of 04/25/2024 01:00 AM ET
▼ -0.43 (-3.35%)

This chart shows the closing price for FSLY by one month, three months, or twelve months.

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Analyst Price Target for FSLY

Analyst Price Target is $18.56
▲ +49.64% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Fastly in the last 3 months. The average price target is $18.56, with a high forecast of $25.00 and a low forecast of $15.00. The average price target represents a 49.64% upside from the last price of $12.40.

This chart shows the closing price for FSLY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 7 polled investment analysts is to moderate buy stock in Fastly. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
11/2/2022
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
1/31/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/1/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/30/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/28/2023
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
1/26/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2024

Latest Recommendations

  • 1 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/25/2024CitigroupLower TargetNeutral ➝ Neutral$20.00 ➝ $15.00Low
4/8/2024Piper SandlerUpgradeNeutral ➝ Overweight$19.00 ➝ $16.00Low
3/28/2024Bank of AmericaLower TargetBuy ➝ Buy$28.00 ➝ $18.00N/A
2/15/2024Craig HallumDowngradeBuy ➝ Hold$20.00Low
1/22/2024CitigroupUpgradeSell ➝ Neutral$11.00 ➝ $20.00Low
1/8/2024Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$12.00 ➝ $18.00Low
10/5/2023Raymond JamesReiterated RatingStrong-Buy ➝ Strong-Buy$25.00Low
8/29/2023CitigroupBoost TargetSell ➝ Sell$8.00 ➝ $10.00Low
8/3/2023Morgan StanleyBoost TargetEqual Weight ➝ Equal Weight$18.00 ➝ $19.00Low
8/3/2023Royal Bank of CanadaBoost TargetUnderperform ➝ Underperform$11.00 ➝ $12.00Low
6/23/2023Craig HallumBoost Target$17.00 ➝ $20.00Low
6/23/2023DA DavidsonBoost Target$17.00 ➝ $20.00Low
6/23/2023Royal Bank of CanadaBoost Target$9.00 ➝ $11.00Low
6/23/2023Credit Suisse GroupBoost Target$14.00 ➝ $16.00Low
4/20/2023Morgan StanleyUpgradeUnderweight ➝ Equal Weight$12.00 ➝ $18.00Low
4/19/2023William BlairReiterated RatingMarket PerformLow
4/11/2023Bank of AmericaBoost TargetBuy$16.00 ➝ $26.50Low
2/21/2023CitigroupBoost TargetSell$7.00 ➝ $8.00Low
2/16/2023Credit Suisse GroupBoost TargetNeutral$9.50 ➝ $11.50Low
2/16/2023Royal Bank of CanadaBoost TargetUnderweight$6.00 ➝ $9.00Low
2/16/2023Piper SandlerBoost TargetNeutral$10.00 ➝ $14.00Low
2/16/2023Craig HallumUpgradeHold ➝ Buy$9.00 ➝ $17.00Low
2/16/2023Morgan StanleyBoost TargetUnderweight$9.00 ➝ $12.00Low
2/16/2023Robert W. BairdBoost TargetNeutral$10.00 ➝ $14.00Low
2/16/2023DA DavidsonUpgradeNeutral ➝ Buy$8.50 ➝ $17.00Low
2/13/2023Bank of AmericaUpgradeUnderperform ➝ Buy$10.50 ➝ $16.00Low
11/21/2022Credit Suisse GroupInitiated CoverageNeutral$9.50Low
11/8/2022CitigroupLower TargetSell$10.00 ➝ $8.00Low
11/3/2022Piper SandlerLower Target$13.00 ➝ $10.00Low
10/20/2022Morgan StanleyLower TargetUnderweight$12.00 ➝ $9.00Low
8/12/2022Raymond JamesLower TargetStrong-Buy$35.00 ➝ $25.00Low
8/9/2022DA DavidsonLower Target$12.00N/A
8/4/2022Craig HallumLower Target$19.00 ➝ $13.00Low
7/19/2022Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$17.50 ➝ $9.00Low
7/11/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$18.00 ➝ $12.00N/A
7/6/2022Piper SandlerLower TargetNeutral$19.00 ➝ $13.00N/A
5/6/2022CitigroupLower TargetSell$22.00 ➝ $14.00High
5/5/2022Morgan StanleyLower Target$25.00 ➝ $18.00High
3/22/2022Bank of AmericaLower Target$28.00 ➝ $16.00Low
2/18/2022Raymond JamesUpgradeOutperform ➝ Strong-Buy$42.00 ➝ $35.00High
2/17/2022Bank of AmericaLower TargetUnderperform$32.00 ➝ $28.00High
2/17/2022Royal Bank of CanadaLower TargetSector Perform$30.00 ➝ $20.00High
2/17/2022Morgan StanleyLower TargetEqual Weight$43.00 ➝ $25.00High
2/17/2022Piper SandlerLower TargetNeutral$35.00 ➝ $23.00High
1/20/2022William BlairReiterated RatingMarket PerformHigh
1/18/2022KeyCorpInitiated CoverageSector Weight ➝ Sector WeightHigh
1/6/2022Piper SandlerLower Target$51.00 ➝ $35.00Low
1/3/2022Morgan StanleyInitiated CoverageEqual Weight$43.00Medium
12/3/2021Raymond JamesUpgradeMarket Perform ➝ Outperform$42.00High
11/4/2021Royal Bank of CanadaBoost TargetSector Perform$36.00 ➝ $50.00High
8/9/2021Raymond JamesInitiated CoverageMarket PerformLow
8/5/2021Craig HallumLower TargetIn-Line ➝ Hold$55.00 ➝ $42.00High
8/5/2021DA DavidsonDowngradeBuy ➝ Neutral$60.00 ➝ $33.00High
8/5/2021CitigroupLower TargetSell$46.00 ➝ $33.00High
8/5/2021Piper SandlerLower TargetIn-Line ➝ Neutral$45.00 ➝ $32.00High
8/5/2021William BlairDowngradeOutperform ➝ Market PerformHigh
6/10/2021Royal Bank of CanadaInitiated CoverageSector Perform$50.00Low
6/10/2021OppenheimerDowngradeOutperform ➝ Market PerformMedium
5/11/2021DA DavidsonLower TargetBuy$105.00 ➝ $60.00High
5/6/2021Craig HallumLower TargetHold$80.00 ➝ $55.00High
5/6/2021OppenheimerLower TargetOutperform$110.00 ➝ $85.00High
5/6/2021Piper SandlerBoost TargetNeutral$45.00 ➝ $65.00High
5/3/2021Raymond JamesReiterated RatingOutperform ➝ Market PerformN/A
4/27/2021Raymond JamesDowngradeOutperform ➝ Market PerformHigh
3/8/2021Piper SandlerUpgradeUnderweight ➝ Neutral$65.00High
2/18/2021Raymond JamesBoost TargetOutperform$85.00 ➝ $95.00High
1/21/2021OppenheimerUpgradeMarket Perform ➝ Outperform$125.00High
11/25/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral$90.00High
10/29/2020Craig HallumLower TargetHold$85.00 ➝ $80.00Low
10/29/2020Credit Suisse GroupLower TargetOutperform$100.00 ➝ $90.00High
10/29/2020Bank of AmericaLower TargetUnderperform$90.00 ➝ $75.00High
10/29/2020Pritchard CapitalLower TargetSell$58.00 ➝ $47.00High
10/23/2020Piper SandlerDowngradeNeutral ➝ Underweight$84.00 ➝ $65.00Medium
10/16/2020Craig HallumLower TargetPositive ➝ Hold$100.00 ➝ $85.00High
10/15/2020DA DavidsonLower TargetPositive ➝ Buy$115.00 ➝ $105.00High
10/15/2020Credit Suisse GroupLower TargetHold ➝ Outperform$110.00 ➝ $100.00High
10/15/2020Stifel NicolausDowngradeBuy ➝ Hold$98.00 ➝ $77.00High
10/15/2020Robert W. BairdDowngradeOutperform ➝ Neutral$105.00 ➝ $85.00High
8/28/2020Credit Suisse GroupBoost TargetOutperform$100.00 ➝ $110.00Medium
8/24/2020Raymond JamesUpgradeMarket Perform ➝ Outperform$100.00High
8/19/2020FBN SecuritiesInitiated CoverageOutperform$90.00Medium
8/6/2020Piper SandlerLower TargetNeutral$89.00 ➝ $88.00Low
8/6/2020Robert W. BairdBoost TargetPositive ➝ Outperform$85.00 ➝ $105.00High
8/6/2020Stifel NicolausBoost TargetBuy$30.00 ➝ $98.00High
8/6/2020Credit Suisse GroupBoost TargetOutperform$32.00 ➝ $100.00Medium
8/6/2020OppenheimerDowngradeOutperform ➝ Market PerformMedium
7/10/2020Craig HallumDowngradeBuy ➝ HoldHigh
7/10/2020Bank of AmericaDowngradeBuy ➝ Underperform$50.00 ➝ $90.00High
7/9/2020CitigroupDowngradeNeutral ➝ SellHigh
7/6/2020Piper SandlerDowngradeOverweight ➝ NeutralLow
5/8/2020CitigroupBoost TargetNeutral$25.00 ➝ $31.00High
5/7/2020Bank of AmericaBoost TargetBuy$26.00 ➝ $31.00High
5/7/2020Robert W. BairdBoost TargetOutperform$28.00 ➝ $35.00High
5/7/2020Craig HallumBoost TargetBuy$29.00 ➝ $36.00High
5/7/2020OppenheimerBoost TargetOutperform$27.00 ➝ $32.00High
5/7/2020Piper SandlerBoost TargetOverweight$27.00 ➝ $31.00High
2/21/2020Piper SandlerBoost Target$24.00 ➝ $27.00Low
1/2/2020Piper Sandler CompaniesUpgradeNeutral ➝ Overweight$24.00High
10/18/2019CitigroupBoost TargetNeutral$17.00 ➝ $25.00Medium
10/11/2019Piper Sandler CompaniesDowngradeOverweight ➝ Neutral$21.00 ➝ $24.00Medium
8/14/2019Piper Sandler CompaniesInitiated CoverageOverweight ➝ Overweight$21.00High
8/9/2019Stifel NicolausSet TargetBuy$25.00Low
6/21/2019Craig HallumInitiated CoverageBuy ➝ Buy$24.00High
6/12/2019Raymond JamesInitiated CoverageMarket Perform$22.87High
6/12/2019CitigroupInitiated CoverageNeutral$23.00High
6/11/2019CIBCInitiated CoverageOutperform ➝ Outperform$27.00High
6/11/2019OppenheimerInitiated CoverageOutperform$27.00High
6/11/2019Bank of AmericaInitiated CoverageBuy ➝ Buy$26.00Low
6/11/2019Robert W. BairdInitiated CoverageOutperform ➝ Outperform$28.00Low
6/11/2019Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$25.00High
6/11/2019DA DavidsonInitiated CoverageBuy ➝ Buy$26.50High
6/11/2019William BlairInitiated CoverageOutperform ➝ OutperformMedium
6/11/2019Stifel NicolausInitiated CoverageBuy ➝ Buy$25.00Medium
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.90 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 6 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 10 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
11/28/2023
  • 3 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 8 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 11 very positive mentions
  • 36 positive mentions
  • 8 negative mentions
  • 1 very negative mentions
Mentions as of
2/26/2024
  • 10 very positive mentions
  • 17 positive mentions
  • 7 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 21 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 21 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Fastly logo
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. The company offers network services to speed up and optimize the delivery of web and application traffic; device detection and geolocation; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, privacy, and modern protocols and performance services; and video/ streaming solutions and services, including live streaming, video on demand, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, and compliance services; load balancing; image optimization; transport layer security (TLS), platform TLS, and certainly; and origin connect. It serves customers operating in digital publishing, media and entertainment, technology, online education, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
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Today's Range

Now: $12.40
Low: $12.07
High: $12.50

50 Day Range

MA: $13.39
Low: $12.30
High: $15.80

52 Week Range

Now: $12.40
Low: $11.61
High: $25.87

Volume

4,047,947 shs

Average Volume

2,942,741 shs

Market Capitalization

$1.66 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.22

Frequently Asked Questions

What sell-side analysts currently cover shares of Fastly?

The following Wall Street sell-side analysts have issued reports on Fastly in the last year: Bank of America Co., Citigroup Inc., Craig Hallum, Credit Suisse Group AG, DA Davidson, Morgan Stanley, Piper Sandler, Raymond James, and Royal Bank of Canada.
View the latest analyst ratings for FSLY.

What is the current price target for Fastly?

9 Wall Street analysts have set twelve-month price targets for Fastly in the last year. Their average twelve-month price target is $18.56, suggesting a possible upside of 49.6%. Raymond James has the highest price target set, predicting FSLY will reach $25.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $15.00 for Fastly in the next year.
View the latest price targets for FSLY.

What is the current consensus analyst rating for Fastly?

Fastly currently has 4 hold ratings, 2 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for FSLY.

What other companies compete with Fastly?

Other companies that are similar to Fastly include EverCommerce, BlackBerry, Semrush, Sapiens International and SolarWinds. Learn More about companies similar to Fastly.

How do I contact Fastly's investor relations team?

Fastly's physical mailing address is 475 BRANNAN SUITE 300, SAN FRANCISCO CA, 94107. The company's listed phone number is (844) 432-7859 and its investor relations email address is [email protected]. The official website for Fastly is www.fastly.com. Learn More about contacing Fastly investor relations.