Fastly (FSLY) Just Reclaimed the 200-Day Moving Average
After reaching an important support level, Fastly (FSLY) could be a good stock pick from a technical perspective. FSLY surpassed resistance at the 200-day moving average, suggesting a long-term bullish trend.
Why Fastly Stock Crushed the Market on Monday
An analyst upgrade was the news pushing Fastly's (FSLY 16.39%) stock more than 16% higher as the last trading month of the year kicked off on Monday. That made the content delivery network (CDN) specialist quite the outperformer on the market, as the S&P 500 index only managed a 0.2% gain on the day.
Fastly Stock Price Decreases 52% YTD: Should You Buy the Dip?
The negatives are being offset by FSLY's improved go-to-market strategy, edge cloud innovation and an expanding clientele.
Fastly (FSLY) Just Overtook the 20-Day Moving Average
From a technical perspective, Fastly (FSLY) is looking like an interesting pick, as it just reached a key level of support. FSLY recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Fastly (FSLY) Just Overtook the 50-Day Moving Average
After reaching an important support level, Fastly (FSLY) could be a good stock pick from a technical perspective. FSLY surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.
Fastly, Inc. (FSLY) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)
Fastly, Inc. (NYSE:FSLY ) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference November 19, 2024 10:40 AM ET Company Participants Ron Kisling - CFO Vernon Essi - IR Conference Call Participants Rishi Jaluria - RBC Capital Markets Rishi Jaluria Welcome back everyone. I'm Rishi Jaluria, cover software here at RBC.
Fastly: Watch Out, Enterprise Customers Are Leaving (Rating Downgrade)
Fastly has struggled with poor sales execution, intense competition, and large customer defections, leading to a 60% YTD decline. Downgrading Fastly to a sell rating. Despite new sales leadership and security products, Fastly's growth has decelerated, and Q3 results showed poor customer retention and declining net revenue retention rates. Fastly's low gross margins, net debt position, and ongoing cash burn make it a high-risk investment compared to other software peers.
Is Fastly an Excellent Growth Stock to Buy Right Now?
Is Fastly an Excellent Growth Stock to Buy Right Now?
Is Fastly stock a ‘Buy' after Q3 earnings?
Following Fastly Inc (NYSE: FSLY)'s mixed Q3 earnings yesterday, Piper Sandler raised its price target from $6 to $8, expressing cautious optimism despite keeping a Neutral rating. Analyst James Fish highlighted strong media traffic growth, particularly in live sports, gaming, and large events, as key factors in the company's revenue beat.
Fastly (FSLY) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Fastly (FSLY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Fastly Surpasses Q3 Revenue Expectations
Fastly reported record non-GAAP income, exceeding expectations across key financial metrics, and it better diversified its customer base.
Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript
Fastly, Inc. (FSLY) Q3 2024 Earnings Call Transcript
