Fsly stock forecast the fsly stock forecast from multiple

The fsly stock forecast from multiple Wall Street desks suggests a moderate bullish bias as institutional accumulation has ticked higher in the past three weeks, supported by steady trading volume exceeding 2 million shares daily. Fastly wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually desire strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings. Fastly ’s FSLY shares have plunged 27.4% year to date, underperforming the broader Zacks Computer & Technology sector’s decline of 8% and the Zacks Internet - Software industry’s fall of 2.8%. FSLY shares have outperformed its industry peers like Digital Turbine APPS , Inseego INSG and Atlassian TEAM . Year to date, shares of Digital Turbine have soared 98.3%, while Inseego and Atlassian have fallen 5.4% and 10.2%, respectively. The FSLY stock’s price decline can be attributed to sluggish revenue growth, soft guidance and shrinking margins. Investor sentiment trackers show fsly stock forecast optimism stabilizing, fueled by insider buying activity over the past month, reinforcing market expectations for growth traction.