Morningstar Rating
Stock XNYS Rating as of
$7.27 +0.27(3.86%)
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Company Report
Company Report
Fastly’s Revenue Growth Has Decelerated as Its Modern CDN Structure Is Less of a Competitive Edge
Matthew Dolgin
Fastly has a new take on the now relatively antiquated model for running content delivery networks, or CDNs. We believe the more modern approach gives Fastly an opportunity to take share from legacy CDN providers with a lower-cost model, by way of a smaller geographic footprint.
FSLY is trading at a 316% premium.
Price
$7.27
Fair Value
$16.00
Uncertainty
Very High
- 1-Star Price
- $57.20
- 5-Star Price
- $7.00
- Economic Moat
- Ryzbc
- Capital Allocation
- Sbdglyry
Bulls Say, Bears Say
Bulls Say, Bears Say
Bulls
Fastly’s modern version of a content delivery network is superior to legacy competitors' and will continue to be favored by developers looking to stay on the cutting edge in today’s digital world.
Bears
Even if Fastly’s approach to CDNs is superior, it doesn’t lend itself to durable competitive advantages that can keep competitors from copying its model.
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News
News
- SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Fastly, Inc. of Class Action Lawsuit and Upcoming Deadlines – FSLY
- FSLY Investors Have Opportunity to Lead Fastly, Inc. Securities Fraud Lawsuit
- ROSEN, LEADING INVESTOR COUNSEL, Encourages Fastly, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – FSLY
- Lowey Dannenberg Notifies Fastly, Inc. (“Fastly” or the “Company”) (NYSE: FSLY) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $50,000 in Losses to Contact the Firm
- FSLY Investors Have Opportunity to Lead Fastly, Inc. Securities Fraud Lawsuit
- FSLY Investor Alert: A Securities Fraud Class Action Lawsuit Has Been Filed Against Fastly, Inc.
Trading Information
Trading Information
- Previous Close Price
- $7.00
- Day Range
$6.99–7.35
- 52-Week Range
$6.77–25.87
- Bid/Ask
- $7.25/$7.30
- Market Cap
- $993.24 Mil
- Volume/Avg
- 10.4 Mil/3.8 Mil
Key Statistics
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 1.83
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Company Profile
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 2023.
- Sector
- Technology
- Industry
- Software - Application
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,207
- Website
- https://www.fastly.com
Competitors
Competitors
- Akamai Technologies Inc AKAM
- Lumen Technologies Inc Ordinary Shares LUMN
- Cloudflare Inc NET
Valuation
Valuation
| Metric | FSLY | AKAM | LUMN |
|---|---|---|---|
Price/Earnings (Normalized) | — | 13.79 | 21.09 |
Price/Book Value | 1.00 | 2.92 | 2.16 |
Price/Sales | 1.83 | 3.57 | 0.07 |
Price/Cash Flow | 12.62 | 8.79 | 0.38 |
Price/Earnings
FSLY
AKAM
LUMN
Financial Strength
Financial Strength
| Metric | FSLY | AKAM | LUMN |
|---|---|---|---|
Quick Ratio | 3.63 | 2.96 | 0.77 |
Current Ratio | 3.83 | 3.25 | 1.03 |
Interest Coverage | −42.81 | 29.08 | −8.33 |
Quick Ratio
FSLY
AKAM
LUMN
Profitability
Profitability
| Metric | FSLY | AKAM | LUMN |
|---|---|---|---|
Return on Assets (Normalized) | −1.06% | 10.85% | −0.98% |
Return on Equity (Normalized) | −1.78% | 22.65% | −11.06% |
Return on Invested Capital (Normalized) | −2.07% | 11.37% | 3.01% |
Return on Assets
FSLY
AKAM
LUMN
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Software - Application Industry Comparables
Software - Application Industry Comparables
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|---|---|---|---|---|---|---|
| Salesforce Inc CRM | Ktjjswxnf | Hqgwd | $237.5 Bil | |||
| SAP SE ADR SAP | Rnbk | Kjglfs | $225.4 Bil | |||
| Intuit Inc INTU | Dtwntsdhhx | Wncr | $176.7 Bil | |||
| ServiceNow Inc NOW | Nlbcjkjjy | Phw | $153.9 Bil | |||
| Uber Technologies Inc UBER | Pjwxqplt | Jpbxxt | $146.7 Bil | |||
| Cadence Design Systems Inc CDNS | Nfwktyyp | Rqsdfn | $86.7 Bil | |||
| Shopify Inc Registered Shs -A- Subord Vtg SHOP | Vlzptgqh | Kml | $83.8 Bil | |||
| Roper Technologies Inc ROP | Srrdwbjnb | Kjyg | $60.1 Bil | |||
| Workday Inc Class A WDAY | Mlwkkyrgk | Vvfx | $58.1 Bil | |||
| Autodesk Inc ADSK | Ptlbgzrrxn | Ywfm | $52.2 Bil |
 (2024))
