
Fastly (FSLY) Stock Forecast & Price Target
Fastly (FSLY) Analyst Ratings
Bulls say
Fastly is a leading edge cloud platform provider that has seen strong growth in its network and security services, driving a 20% year-over-year increase in sales for the past year. The company has also increased its EBIT and FCF guidance for the future, showing strong execution and potential for future growth. Although the second quarter guidance may have disappointed some, the company's continued growth and strong customer base make it a promising investment with a price target of $14.
Bears say
Fastly is facing potential concerns around slowed growth, as evidenced by their lower-than-expected Q1 volumes, and their current EV/Rev/Growth premium compared to other growth-assets may limit further upside in the near-term. Additionally, the company's planned infrastructure CapEx spend of 65% Y/Y, primarily for growth purposes, may face challenges due to component constraints and could impact their bottom line. Furthermore, their recent follow-on public offering may indicate a need for additional funds, potentially spurring further concerns about their financials and overall outlook.
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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