Fastly Inc. ($FSLY) Stock Forecast: Down 16.3% Today

What is Fastly Inc.?

Fastly (NYSE: FSLY) is a cloud computing services company known for optimizing website and application delivery mechanisms. The company experienced a decline in its stock value due to market turbulence.

Why is Fastly Inc. going down?

FSLY stock is down 16.3% on Feb 13, 2025 17:56

• Fastly's stock plummeted following the disclosure of quarterly losses and a bleak outlook for future performance, raising doubts about its financial health.
• Observing the surge in options trading on Fastly, it appears that investors, both institutional and affluent individuals, are adopting a pessimistic view on the stock, contributing to its downward trajectory.
• The broader market sentiment, characterized by a mix of U.S. stock futures and declines in major stocks, likely intensified the negative impact on Fastly's stock.
• The decline in Fastly's stock value may also be attributed to prevailing market conditions and uncertainties, prompting investors to reconsider their positions in high-growth tech companies like Fastly.

FSLY Price Chart

FSLY Technical Analysis

FSLY News

Fastly's Options Frenzy: What You Need to Know - Fastly ( NYSE:FSLY )

Investors with a lot of money to spend have taken a bearish stance on Fastly FSLY. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know.

https://www.benzinga.com/insights/options/25/02/43699043/fastlys-options-frenzy-what-you-need-to-know

Trade Desk Posts Downbeat Revenue, Joins Aspen Aerogels, Fastly And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - ATAI Life Sciences ( NASDAQ:ATAI ) , Aspen Aerogels ( NYSE:ASPN )

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.1% on Thursday. Shares of The Trade Desk, Inc. TTD fell sharply in today's pre-market trading after the company reported worse-than-expected quarterly revenue results.

https://www.benzinga.com/trading-ideas/movers/25/02/43691219/trade-desk-posts-downbeat-revenue-joins-aspen-aerogels-fastly-and-other-big-stocks-moving-lo

Deere, GE HealthCare And 3 Stocks To Watch Heading Into Thursday - Deere ( NYSE:DE ) , Coinbase Glb ( NASDAQ:COIN )

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Deere & Company DE to report quarterly earnings at $3.11 per share on revenue of $7.70 billion before the opening bell, according to data from ...

https://www.benzinga.com/news/earnings/25/02/43684905/deere-ge-healthcare-and-3-stocks-to-watch-heading-into-thursday

Fastly Shares Tumble After Q4 Report, Weak Forward Guidance - Fastly ( NYSE:FSLY )

Fastly reports quarterly losses of 3 cents per share, down from earnings of 1 cent in the prior year's quarter. Quarterly revenue comes in at $140.58 million, beating the $138.27 million analyst consensus estimate.

https://www.benzinga.com/news/earnings/25/02/43677860/fastly-shares-tumble-after-q4-report-weak-forward-guidance

WESCO Q4 Earnings Miss Estimates, Sales Increased Y/Y: Stock Rises

WCC's fourth-quarter 2024 results reflect headwinds from the UBS segment's struggles and a shrinking margin.

https://www.zacks.com/stock/news/2414859/wesco-q4-earnings-miss-estimates-sales-increased-yy-stock-rises

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Fastly Inc. Price History

15.00.2025 - FSLY Stock was up 5.3%

• Fastly (FSLY) is being mentioned for potential growth and positive outlook.
• Its inclusion in a list of little-known tech stocks with strong growth potential for 2025 might have attracted investors.
• The stock's bullish movement today may be due to increased investor confidence driven by positive coverage and growth prospects.
• Overall, highlighting Fastly's growth potential and its inclusion in investment recommendations likely fueled the stock's strong bullish movement today.

12.08.2024 - FSLY Stock was up 6.4%

• FSLY showed a significant bullish movement today, which might be linked to technical factors and improved earnings forecasts by analysts.
• The intense selling pressure on FSLY might have subsided, hinting at a potential shift in the stock's trend.
• The positive momentum in FSLY's stock price today could be attributed to a blend of technical signals and analyst predictions.

18.11.2024 - FSLY Stock was down 5.4%

• The strong bearish movement in FSLY today could be attributed to concerns over slow customer retention.
• Despite the recent rise in the stock price, investors may be cautious due to the challenges Fastly faces in retaining customers.
• The market may be reacting to the uncertainty surrounding Fastly's ability to overcome its customer retention issues, leading to the bearish movement in the stock today.

22.10.2024 - FSLY Stock was up 11.5%

• FSLY's bullish movement today, surpassing the 20-day moving average, indicates a potential shift in momentum towards the upside.
• This could be attributed to positive market sentiment towards tech stocks or specific company news driving investor confidence.
• Surpassing the moving average is generally seen as a positive signal by technical analysts, suggesting a potential uptrend in the stock price.
• Investors may interpret this as a bullish indicator and could lead to further buying interest in FSLY.

05.10.2024 - FSLY Stock was up 4.3%

• The significant surge in Fastly's stock price might be linked to optimistic comments from analysts on its Q3 earnings prospects.
• Investor confidence in Fastly's performance metrics for the quarter ending September 2024 seems to be boosting demand for the stock.
• Expectations of an exceptional performance beyond standard financial indicators may be propelling Fastly's stock price upward today.

02.11.2024 - FSLY Stock was up 5.1%

• Year-to-date, the stock price has dropped by 52%, indicating a potential opportunity for investors.
• Fastly's enhanced go-to-market strategy, edge cloud innovation, and growing client base are contributing to the positive momentum.
• Investors seem hopeful about the company's future growth prospects and the possibility of a stock price turnaround.

08.07.2024 - FSLY Stock was down 19.5%

• Fastly Inc. (FSLY) experienced a bearish movement following its Q2 2024 earnings call, which might have revealed disappointing financial results or guidance.
• Concerns about challenges for Fastly stock despite CDN share gains could have contributed to the negative sentiment among investors.
• Weak sales reported by a healthcare company and downgrades for other companies like a tech company and a media conglomerate may have added to the overall market pessimism, impacting Fastly's stock price negatively.
• The combination of these factors likely led to Fastly's bearish movement today as investors reacted to a mix of company-specific and broader market concerns.

01.07.2024 - FSLY Stock was down 5.4%

• Fastly observed a decline in its stock price today, potentially influenced by profit-taking following a recent surge.
• Investors may have redirected their focus towards ClickHouse after its acquisition of PeerDB, impacting interest in companies like Fastly.
• Speculation on AI stocks in the event of a Trump-Vance victory might have temporarily shifted attention and investments away from Fastly.
• Uncertainties about future government policies and their tech sector implications could have affected overall market sentiment towards tech stocks such as Fastly.

09.07.2024 - FSLY Stock was up 5.8%

• Fastly (FSLY) stock surged today despite plunging 18% after the company's earnings report was released.
• The company reported slightly better-than-expected adjusted EPS but worse revenue figures compared to the same period last year.
• Fastly's CEO highlighted challenges with demand from some of its largest customers, impacting revenue guidance for the upcoming quarters.
• Despite the negative news, investors seemed to focus on the company's efforts to align its cost structure and drive customer acquisition, leading to the bullish movement in the stock.

08.07.2024 - FSLY Stock was down 20.6%

• Fastly (FSLY) experienced a strong bearish movement today.
• Weak sales report by McKesson and challenges highlighted by Piper Sandler could have contributed to negative market sentiment.
• Despite Fastly's efforts to drive customer acquisition and revenue growth, demand challenges mentioned in their financial results announcement could have spooked investors.
• The combination of industry challenges and company-specific issues may have led to the significant downward movement in Fastly's stock price today.

13.01.2025 - FSLY Stock was down 16.3%

• Fastly's stock plummeted following the disclosure of quarterly losses and a bleak outlook for future performance, raising doubts about its financial health.
• Observing the surge in options trading on Fastly, it appears that investors, both institutional and affluent individuals, are adopting a pessimistic view on the stock, contributing to its downward trajectory.
• The broader market sentiment, characterized by a mix of U.S. stock futures and declines in major stocks, likely intensified the negative impact on Fastly's stock.
• The decline in Fastly's stock value may also be attributed to prevailing market conditions and uncertainties, prompting investors to reconsider their positions in high-growth tech companies like Fastly.

13.01.2025 - FSLY Stock was down 22.3%

• Fastly (FSLY) observed a notable bearish trend following the announcement of quarterly losses amounting to 3 cents per share and weaker future guidance, despite surpassing revenue projections.
• The unimpressive financial performance and outlook likely eroded investor confidence, resulting in a considerable decline in Fastly's stock value.
• The subdued market performance of Fastly could have been influenced by the broader market climate, with U.S. stock futures showing mixed movements and some prominent stocks declining during today's pre-market session.
• Investors may have redirected their attention towards companies with more positive developments, like Deere & Company and Trade Desk, Inc., potentially exerting downward pressure on Fastly's stock price.