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Fastly
FSLYNYSE
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Fastly (NYSE:FSLY) Stock, Analyst Ratings, Price Targets, Forecasts
Fastly Inc has a consensus price target of $15.68 based on the ratings of 13 analysts. The high is $33 issued by DA Davidson on August 5, 2021. The low is $8 issued by B of A Securities on May 2, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Citigroup, and RBC Capital on July 15, 2024, May 9, 2024, and May 2, 2024, respectively. With an average price target of $9.67 between Piper Sandler, Citigroup, and RBC Capital, there's an implied 26.69% upside for Fastly Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Piper Sandler
Citigroup
RBC Capital
DA Davidson
B of A Securities
1calculated from analyst ratings
Analyst Ratings for Fastly
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/15/2024 | Buy Now | 31.06% | Piper Sandler | James Fish | $11 → $10 | Maintains | Overweight | Get Alert |
| 05/09/2024 | Buy Now | 31.06% | Citigroup | Fatima Boolani | $15 → $10 | Maintains | Neutral | Get Alert |
| 05/02/2024 | Buy Now | 17.96% | RBC Capital | Rishi Jaluria | $18 → $9 | Maintains | Sector Perform | Get Alert |
| 05/02/2024 | Buy Now | 11.4% | DA Davidson | Rudy Kessinger | $24 → $8.5 | Downgrade | Buy → Neutral | Get Alert |
| 05/02/2024 | Buy Now | 4.85% | B of A Securities | Tal Liani | $18 → $8 | Downgrade | Buy → Underperform | Get Alert |
| 04/25/2024 | Buy Now | 96.59% | Citigroup | Fatima Boolani | $20 → $15 | Maintains | Neutral | Get Alert |
| 04/08/2024 | Buy Now | 109.7% | Piper Sandler | James Fish | $19 → $16 | Upgrade | Neutral → Overweight | Get Alert |
| 03/28/2024 | Buy Now | 135.91% | B of A Securities | Tal Liani | $28 → $18 | Maintains | Buy | Get Alert |
| 02/15/2024 | Buy Now | 162.12% | Craig-Hallum | Jeff Van Rhee | → $20 | Downgrade | Buy → Hold | Get Alert |
| 01/22/2024 | Buy Now | 162.12% | Citigroup | Fatima Boolani | $11 → $20 | Upgrade | Sell → Neutral | Get Alert |
| 01/08/2024 | Buy Now | 135.91% | RBC Capital | Rishi Jaluria | $12 → $18 | Upgrade | Underperform → Sector Perform | Get Alert |
| 10/05/2023 | Buy Now | 227.65% | Raymond James | Frank Louthan | $25 → $25 | Reiterates | Strong Buy → Strong Buy | Get Alert |
| 08/30/2023 | Buy Now | 31.06% | Citigroup | Fatima Boolani | $8 → $10 | Maintains | Sell | Get Alert |
| 08/03/2023 | Buy Now | 149.02% | Morgan Stanley | Sanjit Singh | $18 → $19 | Maintains | Equal-Weight | Get Alert |
| 08/03/2023 | Buy Now | 57.27% | RBC Capital | Rishi Jaluria | $11 → $12 | Maintains | Underperform | Get Alert |
| 06/23/2023 | Buy Now | 44.17% | RBC Capital | Rishi Jaluria | $9 → $11 | Maintains | Underperform | Get Alert |
| 06/23/2023 | Buy Now | 109.7% | Credit Suisse | Rich Hilliker | $14 → $16 | Maintains | Neutral | Get Alert |
| 05/04/2023 | Buy Now | 17.96% | RBC Capital | Rishi Jaluria | → $9 | Reiterates | → Underperform | Get Alert |
| 05/04/2023 | Buy Now | 83.49% | Credit Suisse | Rich Hilliker | $11.5 → $14 | Maintains | Neutral | Get Alert |
| 04/20/2023 | Buy Now | 135.91% | Morgan Stanley | Sanjit Singh | $12 → $18 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 04/19/2023 | Buy Now | — | William Blair | Jonathan Ho | — | Reinstates | → Market Perform | Get Alert |
| 04/11/2023 | Buy Now | 247.31% | B of A Securities | Tal Liani | $16 → $26.5 | Maintains | Buy | Get Alert |
| 02/21/2023 | Buy Now | 4.85% | Citigroup | Fatima Boolani | $7 → $8 | Maintains | Sell | Get Alert |
| 02/16/2023 | Buy Now | 83.49% | Piper Sandler | James Fish | $10 → $14 | Maintains | Neutral | Get Alert |
| 02/16/2023 | Buy Now | 50.72% | Credit Suisse | Rich Hilliker | $9.5 → $11.5 | Maintains | Neutral | Get Alert |
| 02/16/2023 | Buy Now | 122.8% | Craig-Hallum | Jeff Van Rhee | $9 → $17 | Upgrade | Hold → Buy | Get Alert |
| 02/16/2023 | Buy Now | 57.27% | Morgan Stanley | Sanjit Singh | $9 → $12 | Maintains | Underweight | Get Alert |
| 02/16/2023 | Buy Now | 17.96% | RBC Capital | Rishi Jaluria | $6 → $9 | Maintains | Underweight | Get Alert |
| 02/16/2023 | Buy Now | 83.49% | Baird | William Power | — | Maintains | Neutral | Get Alert |
| 02/16/2023 | Buy Now | 122.8% | DA Davidson | Rudy Kessinger | $8.5 → $17 | Upgrade | Neutral → Buy | Get Alert |
| 02/13/2023 | Buy Now | 109.7% | B of A Securities | Tal Liani | $10.5 → $16 | Upgrade | Underperform → Buy | Get Alert |
| 11/22/2022 | Buy Now | 24.51% | Credit Suisse | Rich Hilliker | → $9.5 | Initiates | → Neutral | Get Alert |
| 11/08/2022 | Buy Now | 4.85% | Citigroup | Fatima Boolani | $10 → $8 | Maintains | Sell | Get Alert |
| 10/20/2022 | Buy Now | 17.96% | Morgan Stanley | Sanjit Singh | $12 → $9 | Maintains | Underweight | Get Alert |
| 08/12/2022 | Buy Now | 227.65% | Raymond James | Frank Louthan | $35 → $25 | Maintains | Strong Buy | Get Alert |
| 07/22/2022 | Buy Now | 31.06% | Citigroup | Fatima Boolani | $14 → $10 | Maintains | Sell | Get Alert |
| 07/19/2022 | Buy Now | 17.96% | RBC Capital | Rishi Jaluria | $17.5 → $9 | Downgrade | Sector Perform → Underperform | Get Alert |
| 07/11/2022 | Buy Now | 57.27% | Morgan Stanley | Sanjit Singh | $18 → $12 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 07/06/2022 | Buy Now | 70.38% | Piper Sandler | James Fish | $19 → $13 | Maintains | Neutral | Get Alert |
| 05/06/2022 | Buy Now | 83.49% | Citigroup | Fatima Boolani | $22 → $14 | Maintains | Sell | Get Alert |
| 05/05/2022 | Buy Now | 135.91% | Morgan Stanley | Sanjit Singh | $25 → $18 | Maintains | Equal-Weight | Get Alert |
| 02/18/2022 | Buy Now | 358.72% | Raymond James | Frank Louthan | $42 → $35 | Upgrade | Outperform → Strong Buy | Get Alert |
| 02/17/2022 | Buy Now | 227.65% | Morgan Stanley | Sanjit Singh | $43 → $25 | Maintains | Equal-Weight | Get Alert |
| 01/19/2022 | Buy Now | — | Keybanc | Thomas Blakey | — | Initiates | → Sector Weight | Get Alert |
| 01/03/2022 | Buy Now | 463.56% | Morgan Stanley | Sanjit Singh | → $43 | Initiates | → Equal-Weight | Get Alert |
| 12/03/2021 | Buy Now | 450.46% | Raymond James | Frank Louthan | — | Upgrade | Market Perform → Outperform | Get Alert |
| 11/04/2021 | Buy Now | 555.31% | RBC Capital | Rishi Jaluria | — | Maintains | Sector Perform | Get Alert |
| 08/05/2021 | Buy Now | 332.5% | DA Davidson | Rishi Jaluria | — | Downgrade | Buy → Neutral | Get Alert |
| 08/05/2021 | Buy Now | — | William Blair | Jonathan Ho | — | Downgrade | Outperform → Market Perform | Get Alert |
FAQ
What is the target price for Fastly (FSLY) stock?
The latest price target for Fastly (NYSE:FSLY) was reported by Piper Sandler on July 15, 2024. The analyst firm set a price target for $10.00 expecting FSLY to rise to within 12 months (a possible 31.06% 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 maintained 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 May 2, 2024 when DA Davidson changed their price target from $24 to $8.5 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 July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.
Is the Analyst Rating Fastly (FSLY) correct?
While ratings are subjective and will change, the latest Fastly (FSLY) rating was a maintained with a price target of $11.00 to $10.00. The current price Fastly (FSLY) is trading at is $7.63, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.