Fastly: Revenue Could Reaccelerate, Triple To $1B By 2025

Nov. 09, 2021 4:17 AM ETFastly, Inc. (FSLY)4 Comments
Arne Verheyde profile picture
Arne Verheyde


  • In the near term, Fastly’s results remain uninspiring following the outage in Q2, although all customers have returned. Fastly also delivered strong customer growth in Q3.
  • The big news was that Fastly announced ambitious goals for revenue to triple by 2025 to $1B, implying a 30% CAGR.
  • Achieving these targets would make Fastly a growth company again and could lift the stock back to the upside, perhaps beating overall market returns.
Media And Government Websites Temporarily Offline

Leon Neal/Getty Images News

Investment Thesis

Fastly (NYSE:FSLY) delivered a quite uninspiring Q3 report, with even lower guidance for Q4. However, initially, the stock actually didn't drop for once and instead was up double digits, although these gains quickly reversed.

The initial pop was

This article was written by

Arne Verheyde profile picture
With an engineering background, looking for companies with expertise to be well-positioned for growth and leadership.

Disclosure: I/we have a beneficial long position in the shares of FSLY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Recommended For You

Comments (4)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.