What is DA Davidson’s Forecast for Fastly Q1 Earnings?

Fastly, Inc. (NYSE:FSLY) – Analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Fastly in a research report issued to clients and investors on Thursday, February 13th. DA Davidson analyst R. Kessinger expects that the company will post earnings per share of ($0.25) for the quarter. DA Davidson has a “Neutral” rating and a $7.50 price objective on the stock. The consensus estimate for Fastly’s current full-year earnings is ($0.86) per share. DA Davidson also issued estimates for Fastly’s FY2025 earnings at ($0.85) EPS and FY2026 earnings at ($0.79) EPS.

Several other analysts also recently issued reports on FSLY. Citigroup lifted their target price on Fastly from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Craig Hallum lifted their price objective on shares of Fastly from $6.00 to $8.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Oppenheimer raised shares of Fastly from a “market perform” rating to an “outperform” rating and set a $12.00 target price on the stock in a report on Monday, December 2nd. Piper Sandler reaffirmed a “neutral” rating and set a $9.00 target price (down from $10.00) on shares of Fastly in a research note on Thursday. Finally, Royal Bank of Canada decreased their price target on shares of Fastly from $10.00 to $8.00 and set a “sector perform” rating on the stock in a research note on Thursday. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Fastly presently has a consensus rating of “Hold” and a consensus target price of $8.55.

Fastly Price Performance

NYSE:FSLY opened at $8.09 on Monday. The business’s 50-day simple moving average is $9.93 and its two-hundred day simple moving average is $8.11. Fastly has a 52 week low of $5.52 and a 52 week high of $18.42. The stock has a market cap of $1.13 billion, a PE ratio of -7.42 and a beta of 1.26. The company has a quick ratio of 3.97, a current ratio of 3.97 and a debt-to-equity ratio of 0.36.

Fastly (NYSE:FSLY) last announced its quarterly earnings data on Wednesday, February 12th. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.22). Fastly had a negative net margin of 27.47% and a negative return on equity of 13.24%.

Hedge Funds Weigh In On Fastly

Large investors have recently made changes to their positions in the company. 180 Wealth Advisors LLC lifted its stake in Fastly by 2.5% in the fourth quarter. 180 Wealth Advisors LLC now owns 68,643 shares of the company’s stock worth $648,000 after purchasing an additional 1,695 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Fastly by 15.2% in the third quarter. Blue Trust Inc. now owns 17,420 shares of the company’s stock worth $128,000 after buying an additional 2,296 shares during the period. AlphaQuest LLC lifted its stake in shares of Fastly by 169.1% during the 4th quarter. AlphaQuest LLC now owns 4,710 shares of the company’s stock worth $44,000 after acquiring an additional 2,960 shares during the last quarter. Rhumbline Advisers boosted its holdings in Fastly by 1.6% during the 4th quarter. Rhumbline Advisers now owns 192,131 shares of the company’s stock valued at $1,814,000 after acquiring an additional 3,081 shares during the period. Finally, Jones Financial Companies Lllp grew its position in Fastly by 128.9% in the 4th quarter. Jones Financial Companies Lllp now owns 5,720 shares of the company’s stock valued at $54,000 after acquiring an additional 3,221 shares during the last quarter. 79.71% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Fastly news, CTO Artur Bergman sold 10,000 shares of Fastly stock in a transaction on Monday, February 10th. The shares were sold at an average price of $10.58, for a total transaction of $105,800.00. Following the completion of the transaction, the chief technology officer now directly owns 3,364,136 shares of the company’s stock, valued at $35,592,558.88. The trade was a 0.30 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Todd Nightingale sold 12,163 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $8.12, for a total transaction of $98,763.56. Following the transaction, the chief executive officer now owns 1,588,810 shares in the company, valued at $12,901,137.20. This trade represents a 0.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 177,312 shares of company stock valued at $1,770,133 in the last three months. Corporate insiders own 6.70% of the company’s stock.

Fastly Company Profile

Fastly, Inc operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet.