$13.50
-0.13[-0.95%]
At close: Apr 15
$13.50
0[0.00%]
After Hours: 6:48PM EDT
Fastly Stock (NYSE:FSLY), Analyst Ratings, Price Targets, Predictions
Fastly Inc has a consensus price target of $16.63, established from looking at the 46 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, B of A Securities, and Craig-Hallum on April 8, 2024, March 28, 2024, and February 15, 2024. With an average price target of $18 between Piper Sandler, B of A Securities, and Craig-Hallum, there's an implied 33.33% upside for Fastly Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
B of A Securities
Craig-Hallum
Citigroup
RBC Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Fastly
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/08/2024 | FSLY | Buy Now | Fastly | $13.50 | 18.52% | Piper Sandler | James Fish | $19 → $16 | Upgrade | Neutral → Overweight | Get Alert |
| 03/28/2024 | FSLY | Buy Now | Fastly | $13.50 | 33.33% | B of A Securities | Tal Liani | $28 → $18 | Maintains | Buy | Get Alert |
| 02/15/2024 | FSLY | Buy Now | Fastly | $13.50 | 48.15% | Craig-Hallum | Jeff Van Rhee | → $20 | Downgrade | Buy → Hold | Get Alert |
| 01/22/2024 | FSLY | Buy Now | Fastly | $13.50 | 48.15% | Citigroup | Fatima Boolani | $11 → $20 | Upgrade | Sell → Neutral | Get Alert |
| 01/08/2024 | FSLY | Buy Now | Fastly | $13.50 | 33.33% | RBC Capital | Rishi Jaluria | $12 → $18 | Upgrade | Underperform → Sector Perform | Get Alert |
| 10/05/2023 | FSLY | Buy Now | Fastly | $13.50 | 85.19% | Raymond James | Frank Louthan | $25 → $25 | Reiterates | Strong Buy → Strong Buy | Get Alert |
| 08/30/2023 | FSLY | Buy Now | Fastly | $13.50 | -25.93% | Citigroup | Fatima Boolani | $8 → $10 | Maintains | Sell | Get Alert |
| 08/03/2023 | FSLY | Buy Now | Fastly | $13.50 | 40.74% | Morgan Stanley | Sanjit Singh | $18 → $19 | Maintains | Equal-Weight | Get Alert |
| 08/03/2023 | FSLY | Buy Now | Fastly | $13.50 | -11.11% | RBC Capital | Rishi Jaluria | $11 → $12 | Maintains | Underperform | Get Alert |
| 06/23/2023 | FSLY | Buy Now | Fastly | $13.50 | -18.52% | RBC Capital | Rishi Jaluria | $9 → $11 | Maintains | Underperform | Get Alert |
| 06/23/2023 | FSLY | Buy Now | Fastly | $13.50 | 18.52% | Credit Suisse | Rich Hilliker | $14 → $16 | Maintains | Neutral | Get Alert |
| 05/04/2023 | FSLY | Buy Now | Fastly | $13.50 | -33.33% | RBC Capital | Rishi Jaluria | → $9 | Reiterates | → Underperform | Get Alert |
| 05/04/2023 | FSLY | Buy Now | Fastly | $13.50 | 3.7% | Credit Suisse | Rich Hilliker | $11.5 → $14 | Maintains | Neutral | Get Alert |
| 04/20/2023 | FSLY | Buy Now | Fastly | $13.50 | 33.33% | Morgan Stanley | Sanjit Singh | $12 → $18 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 04/19/2023 | FSLY | Buy Now | Fastly | $13.50 | — | William Blair | Jonathan Ho | — | Reinstates | → Market Perform | Get Alert |
| 04/11/2023 | FSLY | Buy Now | Fastly | $13.50 | 96.3% | B of A Securities | Tal Liani | $16 → $26.5 | Maintains | Buy | Get Alert |
| 02/21/2023 | FSLY | Buy Now | Fastly | $13.50 | -40.74% | Citigroup | Fatima Boolani | $7 → $8 | Maintains | Sell | Get Alert |
| 02/16/2023 | FSLY | Buy Now | Fastly | $13.50 | 3.7% | Piper Sandler | James Fish | $10 → $14 | Maintains | Neutral | Get Alert |
| 02/16/2023 | FSLY | Buy Now | Fastly | $13.50 | -14.81% | Credit Suisse | Rich Hilliker | $9.5 → $11.5 | Maintains | Neutral | Get Alert |
FAQ
What is the target price for Fastly (FSLY)?
The latest price target for Fastly (NYSE: FSLY) was reported by Piper Sandler on April 8, 2024. The analyst firm set a price target for $16.00 expecting FSLY to rise to within 12 months (a possible 18.52% upside). 15 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Fastly (FSLY)?
The latest analyst rating for Fastly (NYSE: FSLY) was provided by Piper Sandler, and Fastly upgraded their overweight rating.
When was the last upgrade for Fastly (FSLY)?
The last upgrade for Fastly Inc happened on April 8, 2024 when Piper Sandler raised their price target to $16. Piper Sandler previously had a neutral for Fastly Inc.
When was the last downgrade for Fastly (FSLY)?
The last downgrade for Fastly Inc happened on February 15, 2024 when Craig-Hallum changed their price target from N/A to $20 for Fastly Inc.
When is the next analyst rating going to be posted or updated for Fastly (FSLY)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fastly, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fastly was filed on April 8, 2024 so you should expect the next rating to be made available sometime around April 8, 2025.
Is the Analyst Rating Fastly (FSLY) correct?
While ratings are subjective and will change, the latest Fastly (FSLY) rating was a upgraded with a price target of $19.00 to $16.00. The current price Fastly (FSLY) is trading at is $13.50, which is out of the analyst’s predicted range.
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