
Fastly (FSLY) Stock Forecast & Price Target
Fastly (FSLY) Analyst Ratings
Bulls say
Fastly has demonstrated strong performance with a 16% year-over-year growth in revenue from non-top 10 customers, indicating effective customer diversification. The company's enterprise customer count saw a sequential increase of 20 customers, while packaged sales growth soared over 60% year-over-year in Q4, with an impressive 150% growth projected for 2024. With a reacceleration of organic growth in the high teens, improved margins, and enhanced competitiveness in the security sector, Fastly is positioned favorably within an increasingly promising CDN landscape.
Bears say
Fastly's stock outlook is negatively impacted by its increasing spending on sales and marketing as well as international network capacity, resulting in declining margins and anticipated cash burn in 2025. The company's profitability guidance for 2025 fell below consensus expectations, contributing to a significant drop in stock value, and heavy reliance on major customers like TikTok raises concerns about revenue volatility. Furthermore, Fastly's low scores on recession resilience could expose the company to greater risks during economic downturns, particularly given its unprofitability and consumption-based revenue model.
This aggregate rating is based on analysts' research of Fastly and is not a guaranteed prediction by Public.com or investment advice.
Fastly (FSLY) Analyst Forecast & Price Prediction
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