Fastly (FSLY) Expected to Announce Earnings on Wednesday

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Fastly (NYSE:FSLYGet Free Report) will likely be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect Fastly to post earnings of ($0.05) per share and revenue of $144.86 million for the quarter. Fastly has set its FY 2025 guidance at -0.130–0.070 EPS and its Q2 2025 guidance at -0.080–0.040 EPS.

Fastly (NYSE:FSLYGet Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.01. The business had revenue of $144.47 million during the quarter, compared to the consensus estimate of $138.40 million. Fastly had a negative return on equity of 12.29% and a negative net margin of 27.73%. The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) earnings per share. On average, analysts expect Fastly to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Fastly Stock Performance

Shares of NYSE FSLY opened at $6.49 on Tuesday. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.16. The stock has a 50 day simple moving average of $7.13 and a 200-day simple moving average of $7.25. The company has a market cap of $938.31 million, a PE ratio of -5.95 and a beta of 1.19. Fastly has a 12-month low of $4.65 and a 12-month high of $12.08.

Wall Street Analyst Weigh In

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A number of equities research analysts have weighed in on the company. Piper Sandler upped their target price on Fastly from $6.00 to $7.00 and gave the stock a “neutral” rating in a research report on Thursday, May 8th. KeyCorp upgraded Fastly to a “sector weight” rating in a research report on Thursday, June 5th. Morgan Stanley upped their price target on Fastly from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, May 8th. Finally, Royal Bank Of Canada upped their price target on Fastly from $5.00 to $6.00 and gave the company a “sector perform” rating in a report on Thursday, May 8th. Ten investment analysts have rated the stock with a hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $8.28.

Read Our Latest Analysis on Fastly

Insider Buying and Selling at Fastly

In other news, CFO Ronald W. Kisling sold 12,000 shares of the company’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $7.41, for a total value of $88,920.00. Following the transaction, the chief financial officer directly owned 635,053 shares of the company’s stock, valued at approximately $4,705,742.73. This represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Todd Nightingale sold 12,547 shares of the company’s stock in a transaction on Friday, May 23rd. The stock was sold at an average price of $7.19, for a total transaction of $90,212.93. Following the completion of the transaction, the chief executive officer directly owned 1,904,388 shares in the company, valued at $13,692,549.72. This trade represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 162,124 shares of company stock valued at $1,138,628 in the last three months. 6.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Fastly

Hedge funds have recently modified their holdings of the stock. Amundi boosted its holdings in Fastly by 11.3% in the first quarter. Amundi now owns 46,624 shares of the company’s stock worth $277,000 after purchasing an additional 4,724 shares in the last quarter. AQR Capital Management LLC acquired a new position in Fastly in the first quarter worth about $837,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Fastly by 1.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 466,042 shares of the company’s stock worth $2,950,000 after purchasing an additional 6,247 shares in the last quarter. Jones Financial Companies Lllp raised its position in Fastly by 963.6% in the first quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock worth $385,000 after purchasing an additional 55,118 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Fastly by 7.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,302,164 shares of the company’s stock worth $14,573,000 after buying an additional 165,937 shares in the last quarter. 79.71% of the stock is owned by institutional investors and hedge funds.

About Fastly

(Get Free Report)

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.

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Earnings History for Fastly (NYSE:FSLY)



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