And Fastly may face difficulties to raise cash -- via debt or equity issuance -- at acceptable conditions if the coronavirus situation persists.

But at the same time, some of the industries Fastly serves -- travel, entertainment -- are being severely hit by measures to limit the spread of COVID-19. The innovative tech company Fastly (NYSE:FSLY) is growing in a market that is poised to expand in a significant way over the long term. And based on the midpoint of revenue guidance this year, the market values the company at an enterprise value-to-sales ratio of 6.8. When he's not busy writing about cybersecurity, cloud computing, and other fascinating technologies, he enjoys running and traveling. Thus, it must keep a research and development (R&D) budget that matches its ambitions. The innovative tech company Fastly (NYSE:FSLY) is growing in a market that is poised to expand in a significant way over the long term. In addition, Fastly relies on innovative edge-computing software and solutions to maintain its market share. Even with the coronavirus pandemic, Fastly's stock price remains well above its IPO price of $16 one year ago. However, the company's net cash (cash, cash equivalents, and investments minus total debt) of $176 million won't support extra losses for many years.

In the long run, other significant risks may materialize. Fastly's stock was trading at $15.27 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. In contrast, its competitor Akamai's gross margin reached 66% last year thanks to its larger revenue base of $2.9 billion. Fastly is a buy if the stock continues to tank on revenue guidance cut, Cramer says Published Wed, Oct 14 2020 7:45 PM EDT Updated Moments Ago Kevin Stankiewicz @kevin_stank A part of these losses is due to the company's modest gross margin of 55% in 2019.

The low latency (delay) and the high speed the 5G technology promises require the edge-computing infrastructures Fastly and other competitors, such as Akamai Technologies, offer.

In addition, the impact of the coronavirus on Fastly's business remains uncertain. That's called edge computing. But because of its lower revenue base, R&D represented 23% of revenue last year, compared to only 9% for Akamai.

As a result, the research company Allied Market Research estimates the edge-computing market will grow from $1.7 billion in 2017 to $16.6 billion in 2025 -- an impressive compound annual rate of 32.8%. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is Fastly Stock a Buy? Management plans to increase the number of markets (unique metropolitan areas with one or more POPs) the company serves from 53 to 100. Their average twelve-month price target is $73.09, predicting that the stock has a possible downside of 43.27%. @themotleyfool #stocks $FSLY, Here's Why Fastly Is Falling Even More on Friday, Copyright, Trademark and Patent Information.

Fastly's revenue growth seems to indicate the company is maintaining its market share in that expanding market. Newsfile Tue, Sep. 22. The stock has a 52-week high of $117.79 and a 52-week low of $10.63. Returns as of 10/17/2020. Despite Fastly's strong revenue growth in a market that is poised to expand over the long term, Fastly doesn't look like an attractive growth stock for prudent investors.

Let's conquer your financial goals together...faster. Enterprises use Fastly's 68 POPs (points of presence that are decentralized datacenters) around the world to host their web services as close as possible to users, which reduces the response time of those web services. Fastly (NYSE:FSLY) Price Target and Consensus Rating 12 Wall Street analysts have issued ratings and price targets for Fastly in the last 12 months.

Fastly Stock: Berger Montague Investigates Alleged Securities Fraud Claims Against Fastly, Inc. (FSLY); Lead Plaintiff Deadline is October 26, 2020. Fastly, one of the pandemic's best-performing new companies, took a hit this morning after reports that the president would ban its largest customer, TikTok.

You may benefit from Fastly's technology without knowing it.

But that growth involves important investments, which lead to losses. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Equipped with its 15-year experience as a former IT engineer, Herve covers the tech sector. Market data powered by FactSet and Web Financial Group. Find the latest Fastly, Inc. (FSLY) stock quote, history, news and other vital information to help you with your stock trading and investing. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Since then, FSLY stock has increased by 499.0% and is now trading at $91.46. Despite its strong revenue growth, Fastly must still gain scale to compete against larger players and become profitable.



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