Bullish Case: With Piper Sandler's upgrade and a favorable competitive landscape, Fastly's potential for increased market share and revenue growth remains high. Positive earnings surprises and breakthrough in edge computing could drive shares upward.


Bearish Case: Recent insider selling and high implied volatility reflect market concerns over Fastly's financial health and future prospects. Potential negative earnings and ongoing financial challenges could pressure the stock.


Potential Outcomes:

1. Positive earnings report leads to rally (40% chance).

2. Insider selling continues, dampening sentiment (30% chance).

3. Competition intensifies, undercutting growth (20% chance).

4. Operational inefficiencies emerge (10% chance).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 18, 2024


Fastly Forecast

FSLY        Fastly
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with FSLY



SABR Forecast + Options Trading Strategies   [SABR]  Sabre (0.83)


RWT Forecast + Options Trading Strategies   [RWT]  Redwood (0.79)


FSK Forecast + Options Trading Strategies   [FSK]  FS KKR (0.76)


VLY Forecast + Options Trading Strategies   [VLY]  Valley National Bancorp (0.74)


IONQ Forecast + Options Trading Strategies   [IONQ]  IonQ (0.67)



Uncorrelated Stock Forecasts

Assets with little price relationship to FSLY



LIN Forecast + Options Trading Strategies   [LIN]  Linde (0.0)


AFL Forecast + Options Trading Strategies   [AFL]  Aflac (-0.0)


AES Forecast + Options Trading Strategies   [AES]  AES (0.0)


YPF Forecast + Options Trading Strategies   [YPF]  YPF (-0.0)


HSIC Forecast + Options Trading Strategies   [HSIC]  Henry Schein (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against FSLY



AEM Forecast + Options Trading Strategies   [AEM]  Agnico Eagle Mines (-0.51)


UGL Forecast + Options Trading Strategies   [UGL]  ProShares Ultra Gold (-0.52)


PEG Forecast + Options Trading Strategies   [PEG]  Public Service Enterprise (-0.52)


SE Forecast + Options Trading Strategies   [SE]  Sea (-0.54)


AU Forecast + Options Trading Strategies   [AU]  AngloGold Ashanti Ltd (-0.6)





Become a more profitable investor with AI optimized trading strategies






×

Chat with Helium


 Ask me any question!