Fastly Inc Stock Declines Amid Convertible Notes Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 05 Dec 25
Source: Benzinga
Fastly Inc's stock fell by 8.94% and crossed down the 20-day SMA, reflecting investor concerns over its recent financing activities.
The company announced a $160 million convertible notes offering, increasing from a previously planned $125 million. This move aims to optimize its capital structure and support future growth initiatives, but it has raised questions about potential dilution and market volatility.
Investors are closely monitoring the implications of this offering, particularly regarding the conversion terms and the company's ability to manage its debt effectively. The market's reaction indicates a cautious sentiment as Fastly navigates these financial strategies.
Analyst Views on FSLY
Wall Street analysts forecast FSLY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSLY is 11.70 USD with a low forecast of 10.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
2 Buy
7 Hold
1 Sell
Hold
Current: 9.920
Low
10.00
Averages
11.70
High
14.00
Current: 9.920
Low
10.00
Averages
11.70
High
14.00
About FSLY
Fastly, Inc. provides a programmable edge cloud platform that helps the world’s brands deliver online experiences through edge compute, delivery, security, and observability offerings, improving site performance, and enhancing security at a global scale. The Company enables developers to deliver secure Websites and apps. The edge cloud is a category of Infrastructure as a Service (IaaS) that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. The Company’s products and services includes Programmable Edge Platform, Network Services, Security, Compute, Observability, and Services. Its Network services include content delivery network, video / streaming, load balancing, image optimization, and origin connect. Its Security service includes Next-Gen WAF, bot management, DDoS protection, and others. The Company’s professional services include network services, managed security service, and response security service.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
