The latest price target for Fastly (NYSE:FSLY) was reported by Morgan Stanley on August 27, 2024. The analyst firm set a price target for $7.00 expecting FSLY to fall to within 12 months (a possible -1.69% downside). 16 analyst firms have reported ratings in the last year.

The latest analyst rating for Fastly (NYSE:FSLY) was provided by Morgan Stanley, and Fastly maintained their equal-weight rating.

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.

The last downgrade for Fastly Inc happened on August 8, 2024 when Piper Sandler changed their price target from $10 to $6 for Fastly Inc.

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 August 27, 2024 so you should expect the next rating to be made available sometime around August 27, 2025.

While ratings are subjective and will change, the latest Fastly (FSLY) rating was a maintained with a price target of $12.00 to $7.00. The current price Fastly (FSLY) is trading at is $7.12, which is out of the analyst’s predicted range.