
Fastly (FSLY) Stock Forecast & Price Target
Fastly (FSLY) Analyst Ratings
Bulls say
Fastly is expected to continue seeing strong growth in its delivery and security services, with a 20% Y/Y sales increase and continued penetration in the security market. The company's focus on AI and programmable edge solutions will also contribute to future revenue growth. While the recent quarter saw some upside, there is potential for continued positive performance in the upcoming quarters with strong customer demand and potential for new products, leading to a suggested price target of $14.
Bears say
Fastly is currently experiencing high market volatility after reporting Q1 results that were in line with expectations, but the core delivery business saw lower volumes than anticipated. While their cross-selling of Security products and uptick in AI use-cases are positive, concerns over potential peak growth and a high valuation compared to other growth-assets may limit stock performance. Further insight may be gained from their upcoming Analyst Day presentation on 9/23.
This aggregate rating is based on analysts' research of Fastly and is not a guaranteed prediction by Public.com or investment advice.
Fastly (FSLY) Analyst Forecast & Price Prediction
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