Fastly (FSLY) nosedives 20% as guidance falls short of analysts' estimates

Go back to Fastly (FSLY) nosedives 20% as guidance falls short of analysts' estimates

Fastly Inc. (FSLY) PT Raised to $24 at DA Davidson, 'We're Buyers On Weakness'

February 15, 2024 4:09 AM EST

DA Davidson analyst Rudy Kessinger raised the price target on Fastly Inc. (NYSE: FSLY) to $24.00 (from $22.00) while maintaining a Buy rating.

The analyst comments "Shares tumbled 22% AH as Q4 Rev was $2M below cons. due to weaker than expected intl. traffic & the CY24... More

Fastly, Inc. (FSLY) Tops Q4 EPS by 4c, offers guidance

February 14, 2024 4:11 PM EST

(Updated - February 14, 2024 4:46 PM EST)

Fastly, Inc. (NYSE: FSLY) reported Q4 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $137.77 million versus the consensus estimate of $139.45 million.

For Q1, Fastly is forecasting a... More