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Do Analysts Agree Tuesday on Fastly Inc (FSLY) Stock's Target Price?

Tuesday, January 03, 2023 10:27 AM | InvestorsObserver Analysts

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Do Analysts Agree Tuesday on Fastly Inc (FSLY) Stock's Target Price?

Analysts who follow Fastly Inc (FSLY) on average expect it to gain 41.60% over the next twelve months. Those same analysts give the stock an average rating of Hold. That average rating earns Fastly Inc an Analyst Ranking of 3, which means it ranks higher than 3 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 2.6
Wall Street analysts are rating FSLY a Hold today. Find out what this means to you and get the rest of the rankings on FSLY!

Why are Analyst Ratings Important?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Fastly Inc Stock Today?

Fastly Inc (FSLY) stock is higher by 0.24% while the S&P 500 is lower by -0.43% as of 10:27 AM on Tuesday, Jan 3. FSLY has gained $0.02 from the previous closing price of $8.19 on volume of 459,213 shares. Over the past year the S&P 500 is lower by -20.30% while FSLY is lower by -77.38%. FSLY lost -$1.68 per share the over the last 12 months. Click Here to get the full Stock Report for Fastly Inc stock.

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