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Fastly Analyst Ratings

Benzinga ·  Aug 30, 2023 13:54
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/30/2023 -56.71% Citigroup $8 → $10 Maintains Sell
08/03/2023 -17.75% Morgan Stanley $18 → $19 Maintains Equal-Weight
08/03/2023 -48.05% RBC Capital $11 → $12 Maintains Underperform
06/23/2023 -52.38% RBC Capital $9 → $11 Maintains Underperform
06/23/2023 -30.74% Credit Suisse $14 → $16 Maintains Neutral
05/04/2023 -61.04% RBC Capital → $9 Reiterates → Underperform
05/04/2023 -39.39% Credit Suisse $11.5 → $14 Maintains Neutral
04/20/2023 -22.08% Morgan Stanley $12 → $18 Upgrades Underweight → Equal-Weight
04/19/2023 William Blair Reinstates → Market Perform
04/11/2023 14.72% B of A Securities $16 → $26.5 Maintains Buy
02/21/2023 -65.37% Citigroup $7 → $8 Maintains Sell
02/16/2023 -39.39% Piper Sandler $10 → $14 Maintains Neutral
02/16/2023 -50.22% Credit Suisse $9.5 → $11.5 Maintains Neutral
02/16/2023 -26.41% Craig-Hallum $9 → $17 Upgrades Hold → Buy
02/16/2023 -48.05% Morgan Stanley $9 → $12 Maintains Underweight
02/16/2023 -61.04% RBC Capital $6 → $9 Maintains Underweight
02/16/2023 -39.39% Baird $10 → $14 Maintains Neutral
02/16/2023 -26.41% DA Davidson $8.5 → $17 Upgrades Neutral → Buy
02/13/2023 -30.74% B of A Securities $10.5 → $16 Upgrades Underperform → Buy
11/22/2022 -58.87% Credit Suisse → $9.5 Initiates Coverage On → Neutral
11/08/2022 -65.37% Citigroup $10 → $8 Maintains Sell
10/20/2022 -61.04% Morgan Stanley $12 → $9 Maintains Underweight
08/12/2022 8.23% Raymond James $35 → $25 Maintains Strong Buy
07/22/2022 -56.71% Citigroup $14 → $10 Maintains Sell
07/19/2022 -61.04% RBC Capital $17.5 → $9 Downgrades Sector Perform → Underperform
07/11/2022 -48.05% Morgan Stanley $18 → $12 Downgrades Equal-Weight → Underweight
07/06/2022 -43.72% Piper Sandler $19 → $13 Maintains Neutral
05/06/2022 -39.39% Citigroup $22 → $14 Maintains Sell
05/05/2022 -22.08% Morgan Stanley $25 → $18 Maintains Equal-Weight
02/18/2022 51.52% Raymond James $42 → $35 Upgrades Outperform → Strong Buy
02/17/2022 8.23% Morgan Stanley $43 → $25 Maintains Equal-Weight
01/19/2022 Keybanc Initiates Coverage On → Sector Weight
01/03/2022 86.15% Morgan Stanley → $43 Initiates Coverage On → Equal-Weight
12/03/2021 81.82% Raymond James → $42 Upgrades Market Perform → Outperform
11/04/2021 116.45% RBC Capital $36 → $50 Maintains Sector Perform
08/05/2021 42.86% DA Davidson $60 → $33 Downgrades Buy → Neutral
08/05/2021 William Blair Downgrades Outperform → Market Perform
06/11/2021 116.45% RBC Capital → $50 Initiates Coverage On → Sector Perform
06/10/2021 Oppenheimer Downgrades Outperform → Perform
04/28/2021 Raymond James Downgrades Outperform → Market Perform
03/08/2021 181.39% Piper Sandler → $65 Upgrades Underweight → Neutral
02/18/2021 311.26% Raymond James $85 → $95 Maintains Outperform
01/21/2021 441.13% Oppenheimer → $125 Upgrades Perform → Outperform
11/25/2020 289.61% Credit Suisse → $90 Downgrades Outperform → Neutral
10/29/2020 224.68% B of A Securities $90 → $75 Maintains Underperform
10/23/2020 181.39% Piper Sandler → $65 Downgrades Neutral → Underweight
10/15/2020 332.9% Credit Suisse $110 → $100 Maintains Outperform
10/15/2020 267.97% Baird → $85 Downgrades Outperform → Neutral
10/15/2020 233.33% Stifel → $77 Downgrades Buy → Hold
08/28/2020 376.19% Credit Suisse $100 → $110 Maintains Outperform
08/24/2020 332.9% Raymond James → $100 Upgrades Market Perform → Outperform
08/06/2020 280.95% Piper Sandler $89 → $88 Maintains Neutral
08/06/2020 324.24% Stifel $30 → $98 Maintains Buy
08/06/2020 332.9% Credit Suisse $32 → $100 Maintains Outperform
07/10/2020 332.9% Craig-Hallum → $100 Downgrades Buy → Hold
07/10/2020 289.61% B of A Securities $50 → $90 Downgrades Buy → Underperform
07/09/2020 151.08% Citigroup $31 → $58 Downgrades Neutral → Sell
07/06/2020 Piper Sandler Downgrades Overweight → Neutral
05/08/2020 34.2% Citigroup $25 → $31 Maintains Neutral
05/07/2020 51.52% Baird $28 → $35 Maintains Outperform
05/07/2020 34.2% B of A Securities $26 → $31 Reiterates → Buy
05/07/2020 38.53% Oppenheimer $27 → $32 Maintains Outperform
01/02/2020 3.9% Piper Sandler → $24 Upgrades Neutral → Overweight
10/18/2019 8.23% Citigroup $17 → $25 Maintains Neutral
08/14/2019 -9.09% Piper Sandler → $21 Initiates Coverage On → Overweight
06/21/2019 3.9% Craig-Hallum → $24 Initiates Coverage On → Buy
06/12/2019 -0.43% Citigroup → $23 Initiates Coverage On → Neutral
06/12/2019 Raymond James Initiates Coverage On → Market Perform
06/11/2019 21.21% Baird → $28 Initiates Coverage On → Outperform
06/11/2019 14.72% DA Davidson → $26.5 Initiates Coverage On → Buy
06/11/2019 8.23% Stifel → $25 Initiates Coverage On → Buy

What is the target price for Fastly (FSLY)?

The latest price target for Fastly (NYSE: FSLY) was reported by Citigroup on August 30, 2023. The analyst firm set a price target for $10.00 expecting FSLY to fall to within 12 months (a possible -56.71% downside). 22 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Fastly (FSLY)?

The latest analyst rating for Fastly (NYSE: FSLY) was provided by Citigroup, and Fastly maintained their sell rating.

When is the next analyst rating going to be posted or updated for Fastly (FSLY)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fastly, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fastly was filed on August 30, 2023 so you should expect the next rating to be made available sometime around August 30, 2024.

Is the Analyst Rating Fastly (FSLY) correct?

While ratings are subjective and will change, the latest Fastly (FSLY) rating was a maintained with a price target of $8.00 to $10.00. The current price Fastly (FSLY) is trading at is $23.10, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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