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Fastly

FSLYNYSE
Logo brought to you by Benzinga Data
$7.04
0.081.14%
At close: Sep 18, 6:35 PM EDT
$7.12
0.081.14%
After Hours: 6:35 PM EDT
15 minutes delayed
Consensus Rating1
Neutral
Highest Price Target1
$16.00
Lowest Price Target1
$6.00
Consensus Price Target1
$9.25

Fastly (NYSE:FSLY) Stock, Analyst Ratings, Price Targets, Forecasts

Fastly Inc has a consensus price target of $9.25 based on the ratings of 12 analysts. The high is $16 issued by Credit Suisse on June 23, 2023. The low is $6 issued by Craig-Hallum on August 8, 2024. The 3 most-recent analyst ratings were released by Morgan Stanley, Raymond James, and Craig-Hallum on August 27, 2024, August 8, 2024, and August 8, 2024, respectively. With an average price target of $7 between Morgan Stanley, Raymond James, and Craig-Hallum, there's an implied -1.69% downside for Fastly Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
0
0
0
0
Mar
1
1
Apr
2
1
May
1
Jul
1
2
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Morgan Stanley
Raymond James
Craig-Hallum
Piper Sandler
Citigroup

1calculated from analyst ratings

Analyst Ratings for Fastly

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Fastly (FSLY) stock?

A

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.

Q

What is the most recent analyst rating for Fastly (FSLY)?

A

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

Q

When was the last upgrade for Fastly (FSLY)?

A

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.

Q

When was the last downgrade for Fastly (FSLY)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Fastly (FSLY)?

A

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.

Q

Is the Analyst Rating Fastly (FSLY) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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