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Fastly Inc has a consensus price target of $9.35 based on the ratings of 13 analysts. The high is $16 issued by Credit Suisse on June 23, 2023. The low is $7 issued by RBC Capital on November 7, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Oppenheimer, and Craig-Hallum on December 3, 2024, December 2, 2024, and November 7, 2024, respectively. With an average price target of $10 between Piper Sandler, Oppenheimer, and Craig-Hallum, there's an implied -0.50% downside for Fastly Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Fastly (NYSE:FSLY) was reported by Piper Sandler on December 3, 2024. The analyst firm set a price target for $10.00 expecting FSLY to fall to within 12 months (a possible -0.50% downside). 23 analyst firms have reported ratings in the last year.
The latest analyst rating for Fastly (NYSE:FSLY) was provided by Piper Sandler, and Fastly maintained their neutral rating.
The last upgrade for Fastly Inc happened on December 2, 2024 when Oppenheimer raised their price target to $12. Oppenheimer previously had a perform for Fastly Inc.
The last downgrade for Fastly Inc happened on October 1, 2024 when Raymond James changed their price target from N/A to N/A 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 December 3, 2024 so you should expect the next rating to be made available sometime around December 3, 2025.
While ratings are subjective and will change, the latest Fastly (FSLY) rating was a maintained with a price target of $8.00 to $10.00. The current price Fastly (FSLY) is trading at is $10.05, which is out of the analyst’s predicted range.
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