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Fastly, Inc is currently in a long term downtrend where the price is trading 28.0% below its 200 day moving average.
From a valuation standpoint, the stock is 1.1% cheaper than other stocks from the Technology sector with a price to sales ratio of 25.0.
Fastly, Inc's total revenue rose by 40.2% to $83M since the same quarter in the previous year.
Its net income has dropped by 224.8% to $-46M since the same quarter in the previous year.
Finally, its free cash flow fell by 330.3% to $-38M since the same quarter in the previous year.
Based on the above factors, Fastly, Inc gets an overall score of 2/5.
Exchange | NYSE |
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CurrencyCode | USD |
ISIN | US31188V1008 |
Sector | Technology |
Industry | Software - Application |
Target Price | 6.8125 |
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Beta | 1.42 |
Market Cap | 832M |
PE Ratio | None |
Dividend Yield | None |
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. The company offers network services to speed up and optimize the delivery of web and application traffic; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, privacy, and modern protocols and performance services; and video/ streaming solutions and services, including live streaming, live event monitoring, video on demand, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, privacy, and compliance services; load balancing; image optimization; transport layer security (TLS), platform TLS, and certainly; compute: observability; and origin connect. In addition, the company offers professional services comprising managed and response security services; managed CDN; and support plans services. It serves customers operating in digital publishing, media, technology, online education, 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.
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