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

Fastly, Inc. (NYSE:FSLY) – Equities research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Fastly in a report issued on Thursday, February 13th. DA Davidson analyst R. Kessinger anticipates that the company will post earnings of ($0.25) per share 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.

Other equities research analysts have also recently issued research reports about the company. Piper Sandler restated a “neutral” rating and set a $9.00 price target (down previously from $10.00) on shares of Fastly in a research note on Thursday, February 13th. Royal Bank of Canada cut their price target on Fastly from $10.00 to $8.00 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. Oppenheimer upgraded Fastly from a “market perform” rating to an “outperform” rating and set a $12.00 price target for the company in a research note on Monday, December 2nd. Craig Hallum upped their price target on Fastly from $6.00 to $8.00 and gave the stock a “hold” rating in a research note on Thursday, November 7th. Finally, Citigroup upped their price target on Fastly from $9.00 to $10.00 and gave the stock a “neutral” rating in a research note on Friday, January 17th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.55.

Fastly Price Performance

Shares of NYSE FSLY opened at $8.19 on Monday. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.36. Fastly has a twelve month low of $5.52 and a twelve month high of $15.80. The stock has a 50 day moving average of $9.87 and a two-hundred day moving average of $8.12. The stock has a market cap of $1.15 billion, a P/E ratio of -7.51 and a beta of 1.26.

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

Insider Buying and Selling

In other Fastly news, CEO Todd Nightingale sold 12,163 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $8.12, for a total value of $98,763.56. Following the sale, the chief executive officer now owns 1,588,810 shares of the company’s stock, valued at approximately $12,901,137.20. This represents a 0.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Artur Bergman sold 29,641 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $10.02, for a total value of $297,002.82. Following the completion of the sale, the chief technology officer now directly owns 6,058,595 shares in the company, valued at $60,707,121.90. This trade represents a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 177,312 shares of company stock valued at $1,770,133 over the last quarter. Company insiders own 6.70% of the company’s stock.

Institutional Trading of Fastly

Large investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Fastly by 17.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 263,124 shares of the company’s stock valued at $2,484,000 after acquiring an additional 39,782 shares in the last quarter. Voloridge Investment Management LLC lifted its position in shares of Fastly by 1.6% in the fourth quarter. Voloridge Investment Management LLC now owns 2,104,497 shares of the company’s stock valued at $19,866,000 after acquiring an additional 33,885 shares in the last quarter. Vident Advisory LLC lifted its position in shares of Fastly by 190.2% in the fourth quarter. Vident Advisory LLC now owns 32,878 shares of the company’s stock valued at $310,000 after acquiring an additional 21,549 shares in the last quarter. Two Sigma Advisers LP lifted its position in shares of Fastly by 226.2% in the fourth quarter. Two Sigma Advisers LP now owns 418,500 shares of the company’s stock valued at $3,951,000 after acquiring an additional 290,200 shares in the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of Fastly by 179.3% in the fourth quarter. Two Sigma Investments LP now owns 1,101,329 shares of the company’s stock valued at $10,397,000 after acquiring an additional 707,053 shares in the last quarter. Institutional investors and hedge funds own 79.71% of the company’s stock.

About Fastly

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.