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Fastly Inc Stock Research

FSLY

16.03USD+0.09(+0.56%)Delayed

Market Summary

USD16.03+0.09
Delayed
0.56%

FSLY Alerts

FSLY Stock Price

FSLY RSI Chart

FSLY Valuation

Market Cap

2.0B

Price/Earnings (Trailing)

-10.45

Price/Sales (Trailing)

4.61

EV/EBITDA

-10.01

Price/Free Cashflow

-22.24

FSLY Price/Sales (Trailing)

FSLY Profitability

Operating Margin

48.48%

EBT Margin

-44.06%

Return on Equity

-19.97%

Return on Assets

-10.06%

Free Cashflow Yield

-4.5%

FSLY Fundamentals

FSLY Revenue

Revenue (TTM)

432.7M

Revenue Y/Y

22.11%

Revenue Q/Q

9.97%

FSLY Earnings

Earnings (TTM)

-190.8M

Earnings Y/Y

18.89%

Earnings Q/Q

26.44%

Price Action

52 Week Range

7.1520.03
(Low)(High)

Last 7 days

-0.5%

Last 30 days

7.8%

Last 90 days

101.4%

Trailing 12 Months

-8.9%

FSLY Financial Health

Current Ratio

4.18

Debt/Equity

0.94

Debt/Cashflow

-0.04

FSLY Investor Care

Shares Dilution (1Y)

4.65%

Diluted EPS (TTM)

-1.57

Peers (Alternatives to Fastly)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
88.7B
17.2B
-3.95% -0.83%
28.2
5.14
9.88% 14.66%
72.0B
17.7B
-0.51% 14.00%
28.45
4.06
9.31% 89.66%
36.0B
17.5B
-16.81% -55.07%
-66.51
2.05
-0.73% -425.19%
29.9B
19.4B
-8.99% -34.89%
13.04
1.54
4.98% 7.16%
21.3B
1.4B
-0.56% -6.15%
31.55
14.92
7.33% -14.14%
MID-CAP
6.8B
6.5B
-4.16% -5.86%
18.54
1.04
6.38% -16.32%
5.7B
7.5B
-3.66% 14.73%
21.13
0.76
2.58% -9.12%
5.4B
14.8B
-16.75% -28.72%
7.49
0.36
-10.79% 217.70%
SMALL-CAP
2.0B
432.7M
7.80% -8.92%
-10.45
4.61
22.12% 14.33%
1.6B
1.1B
-11.65% -15.25%
36.85
1.49
4.13% -39.09%
1.2B
2.5B
-25.49% -64.49%
-2.87
0.49
50.22% 53.10%
268.2M
321.1M
-3.32% -64.51%
-9.73
0.84
5.52% -919.59%
233.2M
2.0B
-35.82% -84.29%
-2.2
0.12
-3.63% 76.37%
203.6M
79.0M
13.44% -0.93%
-17.06
2.58
13.25% -613.39%
181.3K
211.0M
-33.64% -43.90%
-0.02
9e-4
-0.04% -267.04%

Financials for Fastly

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue5.3%432,725,000411,121,000389,352,000371,860,000354,330,000
Gross Profit6.5%209,781,000196,971,000189,783,000188,437,000187,328,000
Operating Expenses1.0%455,980,000451,364,000433,345,000420,499,000406,349,000
  S&GA Expenses1.4%179,869,000177,397,000169,679,000159,253,000152,645,000
  R&D Expenses1.4%155,308,000153,108,000146,679,000138,308,000126,859,000
EBITDA5.3%-184,793,000-195,174,000-187,866,000-197,832,000-
EBITDA Margin10.0%-0.43-0.47-0.48-0.53-
Earnings Before Taxes5.3%-190,680,000-201,300,000-194,166,000-236,338,000-222,628,000
EBT Margin10.0%-0.44-0.49-0.50-0.64-
Interest Expenses-3.9%5,887,0006,126,0006,300,0006,206,0005,245,000
Net Income5.4%-190,774,000-201,642,000-194,420,000-236,278,000-222,697,000
Net Income Margin10.1%-0.44-0.49-0.50-0.64-
Free Cahsflow-11.4%-89,607,000-80,407,000-73,087,000-69,927,000-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.5%1,8961,9071,9332,1342,159
  Current Assets-0.1%636637580737625
    Cash Equivalents63.1%14388.0063.00246166
  Net PPE2.9%179174175167-
  Goodwill0.0%670670670638637
Liabilities0.1%9419409391,1581,145
  Current Liabilities5.3%152145141140132
  Long Term Debt-933----
    LT Debt, Non Current0.1%705704703934933
Shareholder's Equity-1.2%9559679949771,014
  Retained Earnings-7.1%-701-655-591-575-510
  Additional Paid-In Capital1.9%1,6661,6351,5981,5611,527
Accumulated Depreciation2.0%10710596.0088.00-
Shares Outstanding1.6%124122121120119
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-6.5%-69.63-65.41-40.47-40.80-38.48
  Share Based Compensation-5.3%146154151150140
Cashflow From Investing349.1%23652.00-412-671-794
Cashflow From Financing-4.2%-189-181-17210.00937

Risks for FSLY

What is the probability of a big loss on FSLY?

97.5%


Probability that Fastly stock will be more than 20% underwater in next one year

93.6%


Probability that Fastly stock will be more than 30% underwater in next one year.

87.7%


Probability that Fastly stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FSLY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Fastly was unfortunately bought at previous high price.

Drawdowns

Returns for FSLY

Cumulative Returns on FSLY

-5.0%


3-Year Cumulative Returns

Which funds bought or sold FSLY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.04
-11,944
102,056
-%
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
-321
1,679
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-59.9
-21,000
12,000
-%
2023-03-01
Willow Creek Wealth Management Inc.
unchanged
-
-196,000
1,654,000
0.28%
2023-02-28
Voya Investment Management LLC
unchanged
-
-64,436,600
752,382
-%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-53.71
-105,504
74,496
-%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-22,000
-
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
525
205
205
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
reduced
-99.08
-992
8.00
-%
2023-02-15
State of Wyoming
reduced
-29.00
-30,930
54,070
0.02%

1–10 of 34

Latest Funds Activity

Are funds buying FSLY calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own FSLY
No. of Funds

Fastly News

Seeking Alpha

Fastly Stock: On The Upswing (NYSE:FSLY).

Seeking Alpha,
3 hours ago

Nasdaq

The CyberWire

Zacks Investment Research

InvestorsObserver

Yahoo Finance

Schedule 13G FIlings of Fastly

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 16, 2023
legal & general investment management ltd
5.34%
6,575,033
SC 13G
Feb 14, 2023
legal & general investment management ltd
5.34%
6,575,033
SC 13G
Feb 13, 2023
bergman artur
7.1%
8,842,148
SC 13G/A
Feb 09, 2023
vanguard group inc
9.37%
11,529,178
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
10,232,041
SC 13G
Jan 11, 2023
first trust portfolios lp
5.16%
6,344,243
SC 13G
Jan 06, 2023
point72 asset management, l.p.
4.7%
5,781,565
SC 13G
Apr 08, 2022
morgan stanley
1.7%
2,090,511
SC 13G/A
Feb 25, 2022
abdiel qualified master fund lp
-
0
SC 13G/A
Feb 14, 2022
bergman artur
7.4%
8,851,668
SC 13G/A

FSLY Fair Value

Fastly fair value in different scenarios

The table shows the Fair Value estimates for Fastly for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

2.13

-86.71%

2.65

-83.47%

3.73

-76.73%

5.27

-67.12%

6.95

-56.64%
Current Inflation

2.09

-86.96%

2.56

-84.03%

3.51

-78.10%

4.84

-69.81%

6.29

-60.76%
Very High Inflation

2.05

-87.21%

2.45

-84.72%

3.24

-79.79%

4.34

-72.93%

5.52

-65.56%

Historical Fastly Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Fastly

View All Filings
Date Filed Form Type Document
Mar 22, 2023
4
Insider Trading
Mar 22, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 20, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 27, 2023
10-K
Annual Report
Feb 27, 2023
S-8
Employee Benefits Plan

Latest Insider Trading transactions for FSLY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-20
Shirk Brett
sold
-107,170
15.31
-7,000
executive vice president, cro
2023-03-20
Bergman Artur
sold
-170,906
15.31
-11,163
chief architect, exec. chair
2023-03-16
Shirk Brett
sold
-42,355
14.57
-2,907
executive vice president, cro
2023-03-16
Bergman Artur
sold
-175,794
15.7479
-11,163
chief architect, exec. chair
2023-03-06
Bergman Artur
sold
-491,974
15.19
-32,388
chief architect, exec. chair
2023-03-01
KISLING RONALD W
sold
-66,800
13.94
-4,792
chief financial officer
2023-03-01
Bergman Artur
sold
-33,734
13.94
-2,420
chief architect, exec. chair
2023-03-01
Shirk Brett
sold
-19,655
13.94
-1,410
executive vice president, cro
2023-02-28
KISLING RONALD W
acquired
-
-
32,494
chief financial officer
2023-02-28
Bergman Artur
acquired
-
-
8,374
chief architect, exec. chair

1–10 of 50

Joshua Bixby
980
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. It is a programmable platform designed for web and application delivery. The company offers Compute@Edge; developer hub that includes solution library patterns and recipes, API and language references, change logs, and Fastly Fiddle solutions; device detection and geolocation, edge dictionaries, edge access control lists, and edge authentication services; full site delivery services, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, real-time logging and stats, cloud optimizer, programmatic control, edge databases, content compression, reliability, and modern protocols and performance services; and streaming solutions and services, including live streaming, media shield, and origin connect. It also provides edge security solutions, such as DDoS protection and cloud, edge web application firewall (WAF), transport layer security (TLS), platform TLS, and compliance services; unified web application and API protection solutions that includes runtime self-application protection, advanced rate limiting, API and ATO protection, account takeover protection, bot protection, and next generation WAF. In addition, the company offers edge applications, such as load balancers and image optimizers; video on demand; and managed edge delivery services. It serves customers operating in digital publishing, media and entertainment, technology, online retail, travel and hospitality, and financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

FSLY Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 432,725$ 354,330$ 290,874
Cost of revenue222,944167,002120,007
Gross profit209,781187,328170,867
Operating expenses:   
Research and development155,308126,85974,814
Sales and marketing179,869152,645101,181
General and administrative120,803126,845102,084
Total operating expenses455,980406,349278,079
Loss from operations(246,199)(219,021)(107,212)
Net gain on extinguishment of debt54,39100
Interest income7,0441,2821,628
Interest expense(5,887)(5,245)(1,549)
Other income (expense), net(29)356(279)
Loss before income tax expense (benefit)(190,680)(222,628)(107,412)
Income tax expense (benefit)9469(11,480)
Net loss$ (190,774)$ (222,697)$ (95,932)
Net loss per share attributable to common stockholders, basic (in dollars per share)$ (1.57)$ (1.92)$ (0.93)
Net loss per share attributable to common stockholders, diluted (in dollars per share)$ (1.57)$ (1.92)$ (0.93)
Weighted-average shares used in computing net loss per share attributable to common stockholders, basic (in shares)121,723116,053103,552
Weighted-average shares used in computing net loss per share attributable to common stockholders, diluted (in shares)121,723116,053103,552

FSLY Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 143,391$ 166,068
Marketable securities, current374,581361,795
Accounts receivable, net of allowance for credit losses of $5,029 and $3,311 as of December 31, 2022 and December 31, 2021, respectively89,57864,625
Prepaid expenses and other current assets28,93332,160
Total current assets636,483624,648
Property and equipment, net180,378166,961
Operating lease right-of-use assets, net68,44069,631
Goodwill670,185636,805
Intangible assets, net82,900102,596
Marketable securities, non-current165,105528,911
Other assets92,62229,468
Total assets1,896,1132,159,020
Current liabilities:  
Accounts payable4,7869,257
Accrued expenses61,16136,112
Finance lease liabilities, current28,95421,125
Operating lease liabilities, current23,02620,271
Other current liabilities34,39445,107
Total current liabilities152,321131,872
Long-term debt704,710933,205
Finance lease liabilities, non-current15,50722,293
Operating lease liabilities, non-current61,34155,114
Other long-term liabilities7,0762,583
Total liabilities940,9551,145,067
Commitments and contingencies (Note 10)
Stockholders’ equity:  
Class A Common stock, $0.00002 par value; 1,000,000,000 and 1,094,129,050 shares authorized as of December 31, 2022 and 2021, respectively; 124,336,171 and 118,810,611 shares issued and outstanding at December 31, 2022 and 2021, respectively22
Additional paid-in capital1,666,1061,527,468
Accumulated other comprehensive loss(9,286)(2,627)
Accumulated deficit(701,664)(510,890)
Total stockholders’ equity955,1581,013,953
Total liabilities and stockholders’ equity$ 1,896,113$ 2,159,020