
Fastly (FSLY) Stock Forecast & Price Target
Fastly (FSLY) Analyst Ratings
Bulls say
Fastly Inc. has experienced significant year-over-year growth in its remaining performance obligations (RPO) bookings, which have increased by 89%, driven by larger commitments from customers, particularly those who previously utilized Edgio services. The company's security segment exhibits strong momentum, with growth surpassing market rates, attributed to an expanding product portfolio and substantial increases in network traffic driven by events such as the latest Fortnite season. Additionally, Fastly's financial performance reflects effective execution, with a clean quarter showing the largest earnings beat since 2019, underpinned by increasing customer strength and guidance that exceeds expectations for future growth.
Bears say
Fastly Inc faces several fundamental challenges that contribute to a negative outlook on its stock. The company operates in a highly competitive environment, particularly against industry leader Akamai, while experiencing significant price compression in the content delivery network (CDN) sector. Additionally, Fastly remains unprofitable, with a concentration risk stemming from its top 10 customers accounting for over 30% of total revenue and a notable portion of its revenue, approximately 25-30%, derived from international markets, which introduces further vulnerabilities.
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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