Fastly Inc Forecasted to Post Q2 2019 Earnings of ($0.15) Per Share (NYSE:FSLY)

Fastly Inc (NYSE:FSLY) – Oppenheimer issued their Q2 2019 earnings per share estimates for shares of Fastly in a note issued to investors on Tuesday, June 11th. Oppenheimer analyst T. Horan anticipates that the company will earn ($0.15) per share for the quarter. Oppenheimer has a “Outperform” rating and a $27.00 price target on the stock. Oppenheimer also issued estimates for Fastly’s Q3 2019 earnings at ($0.17) EPS, Q4 2019 earnings at ($0.18) EPS, FY2019 earnings at ($0.61) EPS, FY2020 earnings at ($0.69) EPS and FY2021 earnings at ($0.52) EPS.

Several other equities analysts also recently weighed in on the company. Stifel Nicolaus started coverage on Fastly in a research report on Tuesday. They issued a “buy” rating and a $25.00 target price on the stock. William Blair started coverage on Fastly in a research report on Tuesday. They issued an “outperform” rating on the stock. DA Davidson started coverage on Fastly in a research report on Tuesday. They issued a “buy” rating and a $26.50 target price on the stock. Credit Suisse Group started coverage on Fastly in a research report on Tuesday. They issued an “outperform” rating and a $25.00 target price on the stock. Finally, Robert W. Baird started coverage on Fastly in a research report on Tuesday. They issued an “outperform” rating and a $28.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $25.60.

Shares of FSLY opened at $20.61 on Thursday. Fastly has a 12 month low of $19.33 and a 12 month high of $25.67.

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Earnings History and Estimates for Fastly (NYSE:FSLY)

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