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Fastly, Inc. (FSLY)

NYSE - Nasdaq Real-time price. Currency in USD
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36.24-0.22 (-0.59%)
As of 10:51AM EST. Market open.
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  • D
    Dmitri
    put money two weeks ago now down 27%
  • D
    David Jung
    thumbs up if you're down 50%+
  • R
    Raymond
    Raymond James has upgraded to outperform.
  • R
    Raymond
    Dubravko Lakos-Bujas, the strategist at JP Morgan, was on Fast Money on CNBC on Tuesday. He's maintaining his 2022 S&P price target of 5050. He doesn't believe that the Fed wants to kill off the economic recovery. By now, he feels that a lot of stocks already have a lot of negativity priced in.

    JP Morgan has been building a position in FSLY. In Q3 they bought 43,000 shares, and as of Sept 30 they owned a total of 161,000 shares. FSLY had good quarterly results a few weeks ago and my guess is that JP Morgan will be continuing to build their position.
  • M
    Matthew
    When this finally pops it’s gonna be huge and it will be just the start. Wait and see
  • S
    Shoaib
    We have to remortgage my house to break even my investments
  • R
    Raymond
    UBS is out with a note today: "We expect market focus to gradually shift away from Omicron and toward positive growth and earnings trajectory, allowing equities to resume their upward course."

    In Q3, UBS bought 75,000 shares of FSLY, and they owned a total of 446,000 shares as of Sept 30. Looks like we're seeing some tax loss selling today in FSLY. This should wrap up before too much longer and buyers like UBS will take over.
  • T
    Tony
    I recently added a big position and new it could go either way. Looks like this will be my write-off for 2021.
  • N
    Nick
    40$ this week
  • t
    turmenne
    They had some interesting insights about FSLY on (http://financialdeals.tech). Definitely made me think twice about the company.
  • j
    jerry
    It doesn't even want to come off the 52 week lows with market up 700 points.
  • T
    T
    What is it going on with Fasly
  • H
    History101
    started a position, $36.50
  • T
    T
    FSLY has been down almost 40% in a month with no negative news. No matter what, still hold and not sell even a share.
  • A
    Antonio
    Cisco acquisition rumours in again
  • M
    Maverick
    An analyst just woke up it seems.
  • B
    Bobby
    FSLY seems to be a popular EOY tax sell off stock. Either that or someone knows something most of us don't.
  • S
    Shoaib
    Back to $100
  • A
    Anonymous
    I can't believe I sold a small portion of my shares at $55 less than a month ago. I should have sold all. Unbr8
  • R
    Raymond
    Highlights from the 2021 RBC Capital Markets Global Technology, Internet, Media, and Telecom Virtual Conference on Wednesday, November 17, 2021
    They're predicting that their security business will be 10X in 2025 what it is today. Security is now central to what they're doing - this will be a key driver for the growth that they see coming in the future.

    New products will be rolling out as they increase the capabilities of their edge delivery network. Much of this will happen in 2022.

    Top 5 customers were 22% of revenue last quarter - they're increasing the number of enterprise customers and thereby reducing the share of revenues from the largest customers. Growth in SMB customers will further reduce the share of revenues from the largest customers. Security revenue is increasing rapidly and is a more predictable stream of revenue.

    Pricing pressure has been easing lately for FSLY, pricing is starting to stabilize.

    They're not concerned about competition from AWS, Microsoft, or Google. Their customers want a solution from a neutral third party - FSLY.

    They're still competing - and winning - mostly with Akamai - they don't come up against other competitors most of the time.