How to Buy Fastly Stock
Fastly Inc
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications.
Fastly stock last closed at $12.40, down 3.35% from the previous day, and has decreased 17.11% in one year. It has underperformed other stocks in the Software - Application industry by 0.45 percentage points. Fastly stock is currently +6.8% from its 52-week low of $11.61, and -52.07% from its 52-week high of $25.87.
There are currently 134.2M shares of FSLY outstanding. The market capitalization of FSLY is $1.66B. In the last 24 hours, 4.02M FSLY shares were traded.
How to Buy Fastly Stock
Not sure how to invest in Fastly stock? Here's how.
- Choose where to buy Fastly stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Fastly stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Pick your method of payment and add your information.
- Analyze Fastly stock: The Fastly ticker symbol is FSLY. Is Fastly stock a good investment? Should you buy shares of FSLY? How do FSLY's underlying business fundamentals look? Do top analysts think Fastly is a good buy? Why has FSLY's stock price moved recently? (Hint: Our stock market analysis website can help you understand if FSLY is a good stock to buy).
- Place your FSLY purchase: Decide if you will purchase FSLY shares at the current market price or use a limit order to buy FSLY shares at a particular price.
- Get the latest news on your investment in FSLY: Create a watchlist to track your position in Fastly shares.
Step 1: Choose where to buy Fastly stock
You will need an online brokerage account in order to access the NYSE market and buy FSLY stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can buy FSLY stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on the best stock investing app, you can securely and quickly fund your account:
Watch the walkthrough below if you need help depositing money into your brokerage account.
Step 4: Analyze Fastly stock
Once you have selected the best place to buy Fastly stock, it's crucial to analyze their stock prior to investing, so you can wrap your head around the risk as well as the upside.
Fastly stock quick numbers
FSLY Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can view all of the due diligence checks on FSLY's stock page.
Is FSLY stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge FSLY's true value.
Using relative valuations methods:
- FSLY may be undervalued based on its P/B ratio of 1.7x, relative to Software - Application industry P/B ratio of 6.49x
You can access more valuation analysis on FSLY's stock here.
Is FSLY a healthy company?
Pros:
- There are more short-term assets than long-term liabilities on the FSLY balance sheet.
- There are more short-term assets than short-term liabilities on the FSLY balance sheet.
- FSLY has cash burn of 31857000. It has sufficient cash and short-term investments to cover this for at least one year.
- FSLY has $322.72M in cash and short term investments. This is sufficient to cover its annual cash burn of $31.86M.
- Total FSLY debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- FSLY has a relatively high debt to equity ratio of 0.56.
- FSLY profit margin has gone up by 0.18 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy FSLY stock, according to analysts?
Out of 5 Equities analysts who give ratings on FSLY, the consensus analyst rating on FSLY is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Fastly stock forecast page.
FSLY Technicals
FSLY Earnings
Last year, FSLY revenue was $505.99M. During the past five year, FSLY's revenue has grown by 28.47% per year. This was faster than the Software - Application industry average of 27.57%.
You can analyze FSLY's earnings and revenue performance here.
Who is buying/selling FSLY?
In the past year, executives and large shareholders at FSLY have sold more shares than they have bought.
Ronald W. Kisling, Chief Financial Officer of FSLY, was the latest FSLY insider to sell. They sold $97,318.00 worth of FSLY shares on Apr 16, 2024.
Research more about who owns FSLY shares here.
Does FSLY provide a stable income stream?
No, Fastly doesn't provide an income stream by paying out dividends.
FSLY Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your FSLY purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will execute your order.
If you want additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in FSLY
Now that you own some FSLY stock, you'll want to keep up with your stock purchase.
Put FSLY on a watchlist to track your FSLY stock.
FSLY Feed
How to Buy Stock in Fastly
To reiterate, here are the 6 steps to buy Fastly stock:
- Choose where to buy Fastly stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Fastly stock
- Place your FSLY purchase
- Get the latest news on your investment in FSLY
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Fastly, get started below.
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