Equities Analysts Set Expectations for Fastly Q2 Earnings

Fastly, Inc. (NYSE:FSLY) – Equities researchers at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Fastly in a research report issued on Thursday, May 8th. DA Davidson analyst R. Kessinger forecasts that the company will post earnings of ($0.24) per share for the quarter. The consensus estimate for Fastly’s current full-year earnings is ($0.78) per share. DA Davidson also issued estimates for Fastly’s FY2025 earnings at ($0.83) EPS and FY2026 earnings at ($0.85) EPS.

Other analysts also recently issued research reports about the company. Morgan Stanley lifted their target price on Fastly from $7.00 to $8.00 and gave the company an “equal weight” rating in a research note on Thursday. Oppenheimer initiated coverage on Fastly in a report on Thursday, March 20th. They issued a “market perform” rating on the stock. Citigroup increased their price target on Fastly from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Royal Bank of Canada upped their price objective on Fastly from $5.00 to $6.00 and gave the stock a “sector perform” rating in a report on Thursday. Finally, Piper Sandler upped their price target on shares of Fastly from $6.00 to $7.00 and gave the company a “neutral” rating in a research note on Thursday. Nine analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $8.28.

Fastly Price Performance

NYSE:FSLY opened at $7.67 on Monday. The stock has a market cap of $1.11 billion, a PE ratio of -6.73 and a beta of 1.47. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.36. The business’s 50-day simple moving average is $6.16 and its two-hundred day simple moving average is $7.93. Fastly has a 52 week low of $4.65 and a 52 week high of $12.08.

Fastly (NYSE:FSLY) last announced its quarterly earnings data on Wednesday, May 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01. The firm had revenue of $144.47 million during the quarter, compared to analysts’ expectations of $138.40 million. Fastly had a negative net margin of 29.07% and a negative return on equity of 12.75%. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.05) earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in FSLY. AlphaQuest LLC raised its holdings in shares of Fastly by 169.1% in the fourth quarter. AlphaQuest LLC now owns 4,710 shares of the company’s stock valued at $44,000 after acquiring an additional 2,960 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Fastly by 128.9% in the 4th quarter. Jones Financial Companies Lllp now owns 5,720 shares of the company’s stock valued at $54,000 after buying an additional 3,221 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Fastly by 451.7% in the 1st quarter. GAMMA Investing LLC now owns 7,261 shares of the company’s stock worth $46,000 after buying an additional 5,945 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in Fastly in the fourth quarter valued at approximately $72,000. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Fastly during the fourth quarter worth $82,000. 79.71% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Ronald W. Kisling sold 5,342 shares of the business’s stock in a transaction on Wednesday, April 16th. The stock was sold at an average price of $5.26, for a total transaction of $28,098.92. Following the completion of the transaction, the chief financial officer now owns 665,693 shares in the company, valued at $3,501,545.18. The trade was a 0.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Artur Bergman sold 12,821 shares of Fastly stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $8.04, for a total value of $103,080.84. Following the sale, the chief technology officer now owns 3,374,012 shares of the company’s stock, valued at approximately $27,127,056.48. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 92,903 shares of company stock valued at $692,827 over the last three months. 6.70% of the stock is owned by company insiders.

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.