FSLY Stock Analysis: Fastly, Common Stock | NYSE
Software - Application | NYSE, USA | Market Cap: 4.782m USD | 12M Return: 333.1% | US31188V1008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 137M
Qual. Beats: 3
Rev. Trend: 97.5%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 7.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Fastly, Inc. (NYSE: FSLY) operates an edge cloud platform that helps customers process, serve, and secure their digital applications and content. The company sells its services to organizations across ecommerce, streaming media, gaming, digital publishing, high tech, and financial services, with operations in the United States, Asia Pacific, Europe, and other international markets. Headquartered in San Francisco, California, Fastly was incorporated in 2011 and was previously known as SkyCache, Inc. before adopting its current name in May 2012.
Fastlys edge cloud platform is a category of Infrastructure as a Service (IaaS) that enables developers to build, secure, and deliver digital experiences at the edge of the internet, meaning processing data closer to end users to reduce latency and improve performance. Its product lineup spans network and content delivery services, live and on-demand video/streaming solutions, security offerings (including DDoS protection, next-generation WAF, bot management, and API protection), load balancing, image optimization, and professional services such as managed CDN and support plans.
Fastly is classified within the GICS Information Technology sector under the Internet Services & Infrastructure sub-industry, and went public in April 2019.
- Enterprise customer concentration risk as top accounts churn
- Security solutions revenue growth accelerates beyond legacy CDN
- Cloudflare competition pressures edge cloud pricing and margins
| Net Income: -81.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 1.07 > 1.0 |
| NWC/Revenue: 48.97% < 20% (prev 26.60%; Δ 22.38% < -1%) |
| CFO/TA 0.08 > 3% & CFO 119.6m > Net Income -81.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 3.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.6m) vs 12m ago 8.11% < -2% |
| Gross Margin: 61.47% > 18% (prev 53.05%; Δ 8.42% > 0.5%) |
| Asset Turnover: 46.32% > 50% (prev 39.02%; Δ 7.30% > 0%) |
| Interest Coverage Ratio: -6.30 > 6 (EBIT TTM -82.0m / Interest Expense TTM 13.0m) |
| A: 0.22 (Total Current Assets 479.0m - Total Current Liabilities 142.5m) / Total Assets 1.50b |
| B: -0.77 (Retained Earnings -1.15b / Total Assets 1.50b) |
| C: -0.06 (EBIT TTM -82.0m / Avg Total Assets 1.48b) |
| D: 1.93 (Book Value of Equity 990.8m / Total Liabilities 512.8m) |
| Altman-Z'' = 0.63 = B |
| DSRI: 0.81 (Receivables 114.2m/117.3m, Revenue 687.2m/571.0m) |
| GMI: 0.86 (GM 53.05% / 61.47%) |
| AQI: 0.96 (AQ_t 0.50 / AQ_t-1 0.52) |
| SGI: 1.20 (Revenue 687.2m / 571.0m) |
| TATA: -0.13 (NI -81.1m - CFO 119.6m) / TA 1.50b) |
| Beneish M = -3.20 (Cap -4..+1) = AA |
As of August 15, 2026, the stock is trading at USD 29.93 with a total of 3,660,605 shares traded. Over the past week, the price has changed by +30.36%, over one month by +43.21%, over three months by +69.29% and over the past year by +333.14%.
Current recommended Stop Loss: 25.20 (which is 15.8% or 2.3 ATR below the current price).
Fastly, Common Stock has received a consensus analysts rating of 2.90. Therefore, it is recommended to hold FSLY.
- StrongBuy: 0
- Buy: 0
- Hold: 9
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 27 | -9.8% |
P/E Forward = 72.9927
P/S = 6.9592
P/B = 4.4615
Revenue TTM = 687.2m USD
EBIT TTM = -82.0m USD
EBITDA TTM = -14.9m USD
Long Term Debt = 324.0m USD (from longTermDebt, last quarter)
Short Term Debt = 30.1m USD (from shortTermDebt, last quarter)
Debt = 472.6m USD (from shortLongTermDebtTotal, last quarter) + Leases 74.3m
Net Debt = 135.1m USD (calculated: Debt 472.6m - CCE 337.5m)
Enterprise Value = 4.92b USD (4.78b + Debt 472.6m - CCE 337.5m)
Interest Coverage Ratio = -6.30 (Ebit TTM -82.0m / Interest Expense TTM 13.0m)
EV/FCF = 129.1x (Enterprise Value 4.92b / FCF TTM 38.1m)
FCF Yield = 0.77% (FCF TTM 38.1m / Enterprise Value 4.92b)
FCF Margin = 5.54% (FCF TTM 38.1m / Revenue TTM 687.2m)
Net Margin = -11.80% (Net Income TTM -81.1m / Revenue TTM 687.2m)
Gross Margin = 61.47% ((Revenue TTM 687.2m - Cost of Revenue TTM 264.8m) / Revenue TTM)
Gross Margin QoQ = 63.25% (prev 62.52%)
Tobins Q-Ratio = 3.27 (Enterprise Value 4.92b / Total Assets 1.50b)
Interest Expense / Debt = 2.75% (Interest Expense 13.0m / Debt 472.6m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -64.8m (EBIT -82.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.36 (Total Current Assets 479.0m / Total Current Liabilities 142.5m)
Debt / Equity = 0.48 (Debt 472.6m / totalStockholderEquity, last quarter 990.8m)
Debt / EBITDA = -9.08 (negative EBITDA) (Net Debt 135.1m / EBITDA -14.9m)
Debt / FCF = 3.55 (Net Debt 135.1m / FCF TTM 38.1m)
Total Stockholder Equity = 958.6m (last 4 quarters mean from totalStockholderEquity)
RoA = -5.47% (Net Income -81.1m / Total Assets 1.50b)
RoE = -8.46% (Net Income TTM -81.1m / Total Stockholder Equity 958.6m)
RoCE = -6.39% (EBIT -82.0m / Capital Employed (Equity 958.6m + L.T.Debt 324.0m))
RoIC = -4.77% (negative operating profit) (NOPAT -64.8m / Invested Capital 1.36b)
WACC = 11.13% (E(4.78b)/V(5.25b) * Re(12.01%) + D(472.6m)/V(5.25b) * Rd(2.75%) * (1-Tc(0.21)))
Discount Rate = 12.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 99.46 | Cagr: 7.27%
[DCF] Terminal Value 69.54% ; FCFF base≈31.4m ; Y1≈36.0m ; Y5≈53.0m
[DCF] Fair Price = 2.51 (EV 534.9m - Net Debt 135.1m = Equity 399.7m / Shares 159.3m; r=11.13% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 2.13 | # QB: 3
Revenue Correlation: 97.45 | Revenue CAGR: 11.90% | SUE: 2.43 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.12 | Chg30d=+115.64% | Revisions=+0% | Analysts=12
EPS current Year (2026-12-31): EPS=0.53 | Chg30d=+61.68% | Revisions=+73% | GrowthEPS=+304.1% | GrowthRev=+18.7%
EPS next Year (2027-12-31): EPS=0.58 | Chg30d=+47.98% | Revisions=+44% | GrowthEPS=+11.2% | GrowthRev=+12.0%
[Analyst] Revisions Ratio: +52% (up=16, down=4)