Fastly Has 'Magic Of Possibility,' Says Analyst: 'Growth Comes From Non-Top 10 Enterprises'
Fastly Has 'Magic Of Possibility,' Says Analyst: 'Growth Comes From Non-Top 10 Enterprises'
Fastly Inc (NYSE:FSLY) reported mixed results for the fourth quarter.
Fastly Inc（紐約證券交易所代碼：FSLY）公佈的第四季度業績好壞參半。
However, the San Francisco-based company is gaining market and has "multiple upside levers," according to Piper Sandler.
但是，派珀·桑德勒表示，這家總部位於舊金山的公司正在進入市場，擁有 “多種上行槓桿”。
The Fastly Analyst: James Fish upgraded the rating for Fastly from Neutral to Overweight, while reducing the price target from $19 to $16.
法斯特利分析師：詹姆斯·菲什將法斯特利的評級從中性上調至增持，同時將目標股價從19美元下調至16美元。
The Fastly Thesis: A favorable competitive landscape, the stabilizing of OTT metrics, and new packaging are just some of the many drivers of sustainability in the company's CDN business, Fish said in the upgrade note.
Fastly 論點：菲什在升級說明中說，有利的競爭格局、OTT指標的穩定以及新的包裝只是該公司CDN業務可持續發展的衆多驅動力中的一部分。
Check out other analyst stock ratings.
查看其他分析師股票評級。
The strength of new business in the back has of 2023 have creates tailwinds for 2024, he stated. "While customer concentration remains a concern, 50% of Y/Y growth is coming from non-Top 10 enterprises, nearly half of incremental internet traffic is driven by a handful of Fastly's largest customers, & we see little risk of further 'DIY; or competitive replacements near-term," the analyst wrote.
他說，過去2023年新業務的實力爲2024年創造了不利條件。該分析師寫道：“儘管客戶集中度仍然是一個問題，但同比增長的50％來自非前十名的企業，近一半的互聯網增量是由Fastly的少數最大客戶推動的，我們認爲短期內進一步'DIY；或競爭性替代品的風險微乎其微。”
There seem to be several opportunities for Fastly's Security business, Fish said. While "a more complete web-security portfolio should stabilize web-delivery share," new products around Bot Management and API Security could drive 6% to 8% further total growth, he added.
菲什說，Fastly的安全業務似乎有幾個機會。他補充說，儘管 “更完整的網絡安全產品組合應該可以穩定網絡交付份額”，但圍繞機器人管理和API安全的新產品可能會進一步推動總增長6％至8％。
FSLY Price Action: Shares of Fastly had risen by 7.30% to $13.44 at the time of publication on Monday.
FSLY價格走勢：週一發佈時，Fastly的股價已上漲7.30％，至13.44美元。
譯文內容由第三人軟體翻譯。