Fastly (FSLY) Stock Forecast, Price Target & Predictions


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FSLY Stock Forecast


Fastly stock forecast is as follows: an average price target of $16.50 (represents a 146.27% upside from FSLY’s last price of $6.70) and a rating consensus of 'Hold', based on 13 wall street analysts offering a 1-year stock forecast.

FSLY Price Target


The average price target for Fastly (FSLY) is $16.50 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $42.00 to $5.50. This represents a potential 146.27% upside from FSLY's last price of $6.70.

FSLY Analyst Ratings


Hold

According to 13 Wall Street analysts, Fastly's rating consensus is 'Hold'. The analyst rating breakdown for FSLY stock is 1 'Strong Buy' (7.69%), 4 'Buy' (30.77%), 8 'Hold' (61.54%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Fastly Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Rudy KessingerD.A. Davidson$5.50$5.62-2.13%-17.91%
Aug 08, 2024James FishPiper Sandler$6.00$6.84-12.28%-10.45%
Apr 08, 2024James FishPiper Sandler$16.00$12.5327.69%138.81%
Feb 16, 2023Rich HillikerCredit Suisse$11.50$16.74-31.30%71.64%
Feb 16, 2023Rudy KessingerD.A. Davidson$17.00$13.8722.57%153.73%
Aug 12, 2022Frank LouthanRaymond James$25.00$12.19105.09%273.13%
Jul 19, 2022Rishi JaluriaRBC Capital$9.00$11.55-22.11%34.33%
Jul 14, 2022James FishPiper Sandler$13.00$11.3015.07%94.03%
May 05, 2022Rishi JaluriaRBC Capital$17.50$13.8126.72%161.19%
Feb 18, 2022Frank LouthanRaymond James$35.00$18.7087.17%422.39%
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The latest Fastly stock forecast, released on Aug 08, 2024 by Rudy Kessinger from D.A. Davidson, set a price target of $5.50, which represents a -2.13% decrease from the stock price at the time of the forecast ($5.62), and a -17.91% decrease from FSLY last price ($6.70).

Fastly Price Target by Period


1M3M12M
# Anlaysts-23
Avg Price Target-$5.75$9.17
Last Closing Price$6.70$6.70$6.70
Upside/Downside-100.00%-14.18%36.87%

In the current month, the average price target of Fastly stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Fastly's last price of $6.70. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024Piper SandlerOverweightNeutralDowngrade
May 02, 2024RBC CapitalSector PerformSector PerformHold
Apr 09, 2024Piper SandlerOverweightOverweightHold
Apr 08, 2024Piper SandlerNeutralOverweightUpgrade
Jan 22, 2024Citigroup-NeutralUpgrade
Jan 08, 2024RBC CapitalUnderperformSector PerformUpgrade
Jun 23, 2023RBC CapitalUnderperformUnderperformHold
Jun 23, 2023KeyBancSector WeightSector WeightHold
Jun 23, 2023Raymond JamesStrong BuyStrong BuyHold
Jun 23, 2023Credit SuisseNeutralNeutralHold
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Fastly's last stock rating was published by Piper Sandler on Aug 08, 2024. The company Downgrade its FSLY rating from "Overweight" to "Neutral".

Fastly Financial Forecast


Fastly Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$137.78M$127.82M$122.83M$117.56M$119.32M$108.50M-$102.38M$97.72M$86.73M$85.03M$84.85M$82.65M$70.64M$74.66M$62.92M$58.94M$49.80M
Avg Forecast$156.40M$148.10M$144.40M$142.90M$148.13M$141.12M$137.73M$136.14M$137.34M$131.88M$131.66M$133.11M$139.80M$126.75M$119.30M$116.08M$114.99M$103.47M$101.33M$98.97M$92.48M$83.78M$85.73M$84.32M$82.03M$70.87M$71.41M$59.35M$54.83M$48.06M
High Forecast$157.65M$149.28M$145.55M$144.04M$149.31M$142.24M$138.83M$137.22M$138.43M$132.93M$132.70M$134.17M$140.16M$128.79M$120.25M$117.01M$115.90M$104.29M$101.33M$100.17M$93.60M$84.80M$86.78M$85.34M$83.03M$71.73M$72.27M$60.07M$55.50M$48.64M
Low Forecast$154.17M$145.99M$142.34M$140.86M$146.02M$139.11M$135.77M$134.20M$135.38M$130.23M$129.78M$131.21M$139.25M$124.38M$117.60M$114.43M$113.35M$101.99M$101.33M$97.80M$91.38M$82.79M$84.72M$83.32M$81.06M$70.03M$70.56M$58.65M$54.18M$47.49M
# Analysts3345452237336109988445555555544
Surprise %------------0.99%1.01%1.03%1.01%1.04%1.05%-1.03%1.06%1.04%0.99%1.01%1.01%1.00%1.05%1.06%1.07%1.04%

Fastly's average Quarter revenue forecast for Mar 24 based on 3 analysts is $133.11M, with a low forecast of $131.21M, and a high forecast of $134.17M. FSLY's average Quarter revenue forecast represents a -3.39% decrease compared to the company's last Quarter revenue of $137.78M (Dec 23).

Fastly EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336109988445555555544
EBITDA------------$-42.58M$-58.34M$-49.83M$-26.12M$-28.57M$-37.26M-$-40.60M$-35.44M$-34.78M$-38.53M$-31.71M$-25.45M$-18.07M$-9.38M$-6.14M$-8.51M$-7.43M
Avg Forecast$-42.35M$-40.10M$-39.10M$-38.69M$-40.11M$-38.21M$-37.29M$-36.86M$-37.19M$-35.71M$-35.65M$-53.31M$-37.85M$-34.32M$-32.30M$-48.46M$-31.13M$-39.96M$-27.44M$-44.05M$-33.75M$-36.33M$-27.20M$-28.83M$-28.00M$-32.52M$-33.78M$-8.29M$-9.29M$-9.71M
High Forecast$-41.74M$-39.53M$-38.54M$-38.14M$-39.53M$-37.66M$-36.76M$-36.33M$-36.66M$-35.26M$-35.14M$-42.64M$-37.70M$-33.68M$-31.84M$-38.77M$-30.69M$-31.97M$-27.44M$-35.24M$-27.00M$-29.06M$-21.76M$-23.06M$-22.40M$-26.01M$-27.03M$-6.63M$-7.43M$-7.77M
Low Forecast$-42.68M$-40.42M$-39.41M$-39.00M$-40.43M$-38.51M$-37.59M$-37.15M$-37.48M$-35.99M$-35.93M$-63.97M$-37.95M$-34.87M$-32.56M$-58.15M$-31.38M$-47.95M$-27.44M$-52.87M$-40.50M$-43.59M$-32.63M$-34.60M$-33.60M$-39.02M$-40.54M$-9.95M$-11.14M$-11.65M
Surprise %------------1.12%1.70%1.54%0.54%0.92%0.93%-0.92%1.05%0.96%1.42%1.10%0.91%0.56%0.28%0.74%0.92%0.76%

undefined analysts predict FSLY's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Fastly's previous annual EBITDA (undefined) of $NaN.

Fastly Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336109988445555555544
Net Income------------$-23.39M$-54.31M$-10.70M$-44.69M$-46.65M$-63.42M-$-64.26M$-57.52M$-56.20M$-58.30M$-50.68M$-45.70M$-23.78M$-14.46M$-11.99M$-14.07M$-12.16M
Avg Forecast$5.50M$2.75M$5.50M$2.75M$8.05M$1.57M$-1.07M$-2.19M$3.52M$-7.62M$-10.78M$-72.21M$-3.45M$-10.17M$-13.80M$-65.64M$-17.51M$-64.57M$-23.11M$-59.67M$-54.78M$-58.70M$-41.15M$-46.08M$-50.27M$-42.80M$-52.06M$-16.19M$-15.35M$-15.91M
High Forecast$5.55M$2.78M$5.55M$2.78M$8.13M$1.59M$-1.05M$-2.15M$3.56M$-6.35M$-10.58M$-57.76M$6.91M$-7.63M$-13.55M$-52.51M$-17.19M$-51.65M$-23.11M$-47.74M$-43.83M$-46.96M$-32.92M$-36.86M$-40.22M$-34.24M$-41.64M$-12.95M$-12.28M$-12.72M
Low Forecast$5.40M$2.70M$5.40M$2.70M$7.90M$1.54M$-1.08M$-2.22M$3.46M$-8.90M$-10.89M$-86.65M$-6.91M$-11.44M$-13.95M$-78.77M$-17.69M$-77.48M$-23.11M$-71.61M$-65.74M$-70.43M$-49.38M$-55.29M$-60.33M$-51.36M$-62.47M$-19.42M$-18.42M$-19.09M
Surprise %------------6.77%5.34%0.78%0.68%2.66%0.98%-1.08%1.05%0.96%1.42%1.10%0.91%0.56%0.28%0.74%0.92%0.76%

Fastly's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FSLY's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Fastly SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336109988445555555544
SG&A------------$80.09M$81.04M$76.62M$70.10M$73.85M$79.49M-$71.03M$71.43M$67.90M$71.83M$68.33M$80.65M$46.53M$42.75M$33.34M$34.49M$28.14M
Avg Forecast$104.18M$98.66M$96.19M$95.19M$98.67M$94.00M$91.75M$90.69M$91.49M$87.85M$87.70M$79.81M$93.13M$84.43M$79.47M$72.56M$76.60M$78.01M$67.50M$65.96M$68.03M$70.91M$50.70M$62.12M$54.64M$47.21M$47.57M$45.00M$37.62M$36.80M
High Forecast$105.01M$99.44M$96.96M$95.95M$99.46M$94.75M$92.48M$91.41M$92.22M$88.55M$88.40M$95.77M$93.36M$85.79M$80.10M$87.07M$77.21M$93.61M$67.50M$79.15M$81.64M$85.10M$60.84M$74.55M$55.31M$47.78M$48.15M$54.01M$45.15M$44.16M
Low Forecast$102.70M$97.25M$94.82M$93.83M$97.27M$92.66M$90.44M$89.39M$90.18M$86.75M$86.45M$63.85M$92.76M$82.86M$78.34M$58.04M$75.50M$62.40M$67.50M$52.77M$54.42M$56.73M$40.56M$49.70M$54.00M$46.65M$47.01M$36.00M$30.10M$29.44M
Surprise %------------0.86%0.96%0.96%0.97%0.96%1.02%-1.08%1.05%0.96%1.42%1.10%1.48%0.99%0.90%0.74%0.92%0.76%

Fastly's average Quarter SG&A projection for Mar 24 is $79.81M, based on 3 Wall Street analysts, with a range of $63.85M to $95.77M. The forecast indicates a -0.34% fall compared to FSLY last annual SG&A of $80.09M (Dec 23).

Fastly EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3345452237336109988445555555544
EPS------------$-0.18$-0.42$-0.08$-0.36$-0.38$-0.52-$-0.54$-0.49$-0.48$-0.51$-0.44$-0.40$-0.22$-0.14$-0.13$-0.15$-0.13
Avg Forecast$0.04$0.02$0.04$0.02$0.06$0.01$-0.01$-0.02$0.03$-0.06$-0.08$-0.06$-0.03$-0.07$-0.10$-0.10$-0.13$-0.17$-0.17$-0.14$-0.16$-0.19$-0.17$-0.11$-0.11$-0.02$-0.01$-0.13$-0.11$-0.13
High Forecast$0.04$0.02$0.04$0.02$0.06$0.01$-0.01$-0.02$0.03$-0.05$-0.08$-0.06$0.05$-0.06$-0.10$-0.10$-0.13$-0.17$-0.17$-0.14$-0.16$-0.18$-0.17$-0.11$-0.11$-0.02$-0.01$-0.12$-0.11$-0.13
Low Forecast$0.04$0.02$0.04$0.02$0.06$0.01$-0.01$-0.02$0.03$-0.06$-0.08$-0.06$-0.05$-0.08$-0.10$-0.10$-0.13$-0.17$-0.17$-0.14$-0.16$-0.19$-0.18$-0.11$-0.11$-0.02$-0.01$-0.13$-0.12$-0.14
Surprise %------------7.16%5.68%0.83%3.56%2.98%3.08%-3.80%3.04%2.59%2.94%4.00%3.70%11.35%10.56%1.04%1.31%0.97%

According to undefined Wall Street analysts, Fastly's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FSLY previous annual EPS of $NaN (undefined).

Fastly Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
UUnity Software$19.91$64.97226.32%Hold
AIC3.ai$23.00$70.50206.52%Buy
FSLYFastly$6.70$16.50146.27%Hold
SNOWSnowflake$113.67$206.8381.96%Buy
ZMZoom Video Communications$67.59$111.7765.36%Hold
TEAMAtlassian$163.74$237.6745.15%Buy
DDOGDatadog$109.26$138.4926.75%Buy
SHOPShopify$72.45$86.1218.87%Buy
WDAYWorkday$250.05$264.915.94%Buy
INTUIntuit$655.31$689.005.14%Buy
TTDTrade Desk$106.06$107.411.27%Buy
CRMSalesforce$254.57$257.761.25%Buy
NOWServiceNow$878.95$728.75-17.09%Buy

FSLY Forecast FAQ


No, according to 13 Wall Street analysts, Fastly (FSLY) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 4 'Buy' recommendations, accounting for 38.46% of FSLY's total ratings.

Fastly (FSLY) average price target is $16.5 with a range of $5.5 to $42, implying a 146.27% from its last price of $6.7. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for FSLY stock, the company can go up by 146.27% (from the last price of $6.7 to the average price target of $16.5), up by 526.87% based on the highest stock price target, and down by -17.91% based on the lowest stock price target.

FSLY's average twelve months analyst stock price target of $16.5 supports the claim that Fastly can reach $10 in the near future.

Fastly's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $563.11M (high $567.59M, low $555.08M), average EBITDA is $-152M (high $-150M, low $-154M), average net income is $6.36M (high $6.52M, low $6.14M), average SG&A $375.11M (high $378.1M, low $369.76M), and average EPS is $0.0462 (high $0.0474, low $0.0447). FSLY's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $591.8M (high $596.51M, low $583.36M), average EBITDA is $-160M (high $-158M, low $-162M), average net income is $16.49M (high $16.66M, low $16.19M), average SG&A $394.22M (high $397.36M, low $388.6M), and average EPS is $0.12 (high $0.121, low $0.118).

Based on Fastly's last annual report (Dec 2023), the company's revenue was $505.99M, beating the average analysts forecast of $501.93M by 0.81%. Apple's EBITDA was $-198M, beating the average prediction of $-153M by 29.49%. The company's net income was $-133M, beating the average estimation of $-93.065M by 43.01%. Apple's SG&A was $307.85M, missing the average forecast of $329.59M by -6.60%. Lastly, the company's EPS was $-1.03, beating the average prediction of $-0.301 by 242.70%. In terms of the last quarterly report (Dec 2023), Fastly's revenue was $137.78M, missing the average analysts' forecast of $139.8M by -1.45%. The company's EBITDA was $-42.584M, beating the average prediction of $-37.853M by 12.50%. Fastly's net income was $-23.386M, beating the average estimation of $-3.455M by 576.97%. The company's SG&A was $80.09M, missing the average forecast of $93.13M by -14.00%. Lastly, the company's EPS was $-0.18, beating the average prediction of $-0.0251 by 616.16%