Fastly, Inc.

NasdaqGS:FSLY Stock Report

Market Cap: US$3.6b

Fastly Valuation

Is FSLY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FSLY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: FSLY ($22.71) is trading above our estimate of future cash flow value ($14.77)

Significantly Below Future Cash Flow Value: FSLY is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FSLY?

Key metric: As FSLY is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for FSLY. This is calculated by dividing FSLY's market cap by their current revenue.
What is FSLY's PS Ratio?
PS Ratio5.3x
SalesUS$687.17m
Market CapUS$3.62b

Price to Sales Ratio vs Peers

How does FSLY's PS Ratio compare to its peers?

The above table shows the PS ratio for FSLY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average10.8x
WIX Wix.com
1.5x10.36%US$3.1b
KC Kingsoft Cloud Holdings
1.9x19.80%US$3.1b
CSQR Csquare
2.8x12.20%US$3.1b
CHRN ChronoScale Holdings
37xn/aUS$3.1b
FSLY Fastly
5.3x9.87%US$3.6b

Price-To-Sales vs Peers: FSLY is good value based on its Price-To-Sales Ratio (5.3x) compared to the peer average (10.6x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does FSLY's PS Ratio compare vs other companies in the US IT Industry?

35 CompaniesPrice / SalesEstimated GrowthMarket Cap
KD Kyndryl Holdings
0.2x-0.44%US$2.79b
DXC DXC Technology
0.1x-1.26%US$1.79b
GLOB Globant
0.6x2.63%US$1.60b
EFOR Everforth
0.3x2.53%US$1.25b
FSLY 5.3xIndustry Avg. 1.8xNo. of Companies35PS03.26.49.612.816+
35 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FSLY is expensive based on its Price-To-Sales Ratio (5.3x) compared to the US IT industry average (1.8x).

Price to Sales Ratio vs Fair Ratio

What is FSLY's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FSLY PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.3x
Fair PS Ratio3.9x

Price-To-Sales vs Fair Ratio: FSLY is expensive based on its Price-To-Sales Ratio (5.3x) compared to the estimated Fair Price-To-Sales Ratio (3.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FSLY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$22.71
US$27.00
+18.89%
14.53%US$32.00US$20.00n/a10
Sep ’27US$20.77
US$27.00
+30.00%
14.53%US$32.00US$20.00n/a10
Aug ’27US$22.66
US$24.40
+7.68%
16.00%US$32.00US$18.00n/a10
Jul ’27US$18.56
US$24.11
+29.91%
16.64%US$32.00US$18.00n/a9
Jun ’27US$19.08
US$24.11
+26.37%
16.64%US$32.00US$18.00n/a9
May ’27US$28.07
US$19.13
-31.87%
43.62%US$32.00US$7.00n/a8
Apr ’27US$32.36
US$13.71
-57.62%
25.77%US$20.00US$7.00n/a7
Mar ’27US$19.12
US$13.71
-28.27%
25.77%US$20.00US$7.00n/a7
Feb ’27US$9.25
US$10.93
+18.15%
19.32%US$14.00US$7.00n/a7
Jan ’27US$10.18
US$10.93
+7.35%
20.52%US$14.00US$7.00n/a7
Dec ’26US$11.76
US$10.42
-11.42%
19.28%US$13.00US$7.00n/a6
Nov ’26US$8.29
US$7.83
-5.51%
15.92%US$10.00US$6.00n/a6
Oct ’26US$8.64
US$7.67
-11.27%
15.83%US$10.00US$6.00n/a6
Sep ’26US$7.61
US$7.67
+0.74%
15.83%US$10.00US$6.00US$20.776
Aug ’26US$6.36
US$6.93
+8.94%
14.65%US$8.00US$5.00US$22.667
Jul ’26US$6.98
US$6.79
-2.78%
14.66%US$8.00US$5.00US$18.567
Jun ’26US$7.28
US$6.93
-4.83%
17.43%US$9.00US$5.00US$19.087
May ’26US$5.78
US$6.81
+17.86%
19.40%US$9.00US$5.00US$28.078
Apr ’26US$6.42
US$7.69
+19.74%
15.58%US$9.00US$5.00US$32.368
Mar ’26US$6.81
US$8.28
+21.55%
33.34%US$15.00US$5.00US$19.129
Feb ’26US$10.47
US$8.61
-17.75%
33.94%US$15.00US$5.00US$9.259
Jan ’26US$9.44
US$8.17
-13.49%
35.11%US$15.00US$5.00US$10.189
Dec ’25US$8.48
US$7.17
-15.49%
18.01%US$9.00US$5.00US$11.769
Nov ’25US$7.20
US$6.06
-15.80%
13.32%US$7.00US$5.00US$8.298
Oct ’25US$7.18
US$6.06
-15.56%
13.32%US$7.00US$5.00US$8.648
Sep ’25US$6.02
US$6.28
+4.28%
15.53%US$8.00US$5.00US$7.619
US$27
Fair Value
15.9% undervalued intrinsic discount
10
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:18
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fastly, Inc. is covered by 16 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Madeline BrooksBofA Global Research
Tal LianiBofA Global Research
Fatima BoolaniCitigroup Inc