Fool.com contributor Parkev Tatevosian elaborates on why Fastly's (FSLY +0.30%) valuation is preventing a buy recommendation.
*Stock prices used were the afternoon prices of March 13, 2024. The video was published on March 15, 2024.
Valuation Is My Sticking Point With Fastly Stock
By Parkev Tatevosian, CFA – Mar 16, 2024 at 5:26AM EST
NASDAQ: FSLY
Fastly
Market Cap
$1.5B
Today's Change
(0.30%) $0.03
Current Price
$10.17
Price as of December 31, 2025 at 3:58 PM ET
Despite Fastly stock being down significantly off its high, the valuation is expensive according to one critical metric.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
Fastly
NASDAQ: FSLY
$10.17 (+0.00%) $+0.03
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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