FastlyFSLY
About: Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2024.
Employees: 1,100
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
48% more call options, than puts
Call options by funds: $54.5M | Put options by funds: $36.8M
44% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 34
19% more capital invested
Capital invested by funds: $735M [Q3] → $875M (+$140M) [Q4]
13% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 60
5% more funds holding
Funds holding: 213 [Q3] → 223 (+10) [Q4]
4.02% less ownership
Funds ownership: 70.09% [Q3] → 66.07% (-4.02%) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Morgan Stanley Sanjit Singh 38% 1-year accuracy 8 / 21 met price target | 30%upside $7 | Equal-Weight Maintained | 16 Apr 2025 |
Piper Sandler James Fish 34% 1-year accuracy 10 / 29 met price target | 11%upside $6 | Neutral Maintained | 8 Apr 2025 |
RBC Capital Rishi Jaluria 38% 1-year accuracy 27 / 72 met price target | 48%upside $8 | Sector Perform Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 6 articles about FSLY published over the past 30 days
