Fastly (FSLY) Expected to Announce Earnings on Wednesday

Fastly (NYSE:FSLY) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $144.86 million for the quarter. Fastly has set its FY 2025 guidance at -0.130–0.070 EPS and its Q2 2025 guidance at -0.080–0.040 EPS.

Fastly (NYSE:FSLY) last announced its earnings results on Wednesday, May 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating 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 return on equity of 12.29% and a negative net margin of 27.73%. The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.05) EPS. On average, analysts expect Fastly to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Fastly Stock Up 2.0%

Shares of NYSE FSLY opened at $6.49 on Tuesday. The stock has a market cap of $938.31 million, a PE ratio of -5.95 and a beta of 1.19. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.16. Fastly has a 52-week low of $4.65 and a 52-week high of $12.08. The business has a 50-day moving average price of $7.13 and a 200 day moving average price of $7.25.

Analysts Set New Price Targets

FSLY has been the subject of a number of research analyst reports. Morgan Stanley upped their target price on Fastly from $7.00 to $8.00 and gave the company an “equal weight” rating in a research report on Thursday, May 8th. KeyCorp raised Fastly to a “sector weight” rating in a research note on Thursday, June 5th. Royal Bank Of Canada raised their price objective on Fastly from $5.00 to $6.00 and gave the company a “sector perform” rating in a research note on Thursday, May 8th. Finally, Piper Sandler increased their target price on Fastly from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Thursday, May 8th. Ten analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $8.28.

Insiders Place Their Bets

In other Fastly news, CEO Todd Nightingale sold 12,547 shares of the firm’s stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $7.19, for a total value of $90,212.93. Following the sale, the chief executive officer directly owned 1,904,388 shares of the company’s stock, valued at approximately $13,692,549.72. This trade represents a 0.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Ronald W. Kisling sold 12,000 shares of Fastly stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $7.41, for a total value of $88,920.00. Following the completion of the transaction, the chief financial officer owned 635,053 shares in the company, valued at $4,705,742.73. The trade was a 1.85% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 162,124 shares of company stock valued at $1,138,628. Insiders own 6.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FSLY. Geneos Wealth Management Inc. purchased a new stake in shares of Fastly during the first quarter worth about $52,000. Acadian Asset Management LLC purchased a new stake in shares of Fastly during the first quarter worth about $78,000. Amundi increased its position in shares of Fastly by 11.3% during the first quarter. Amundi now owns 46,624 shares of the company’s stock worth $277,000 after acquiring an additional 4,724 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Fastly by 963.6% in the first quarter. Jones Financial Companies Lllp now owns 60,838 shares of the company’s stock valued at $385,000 after buying an additional 55,118 shares during the last quarter. Finally, AQR Capital Management LLC bought a new stake in Fastly in the first quarter valued at about $837,000. Institutional investors and hedge funds own 79.71% of the company’s stock.

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.