$Fastly, Inc.(FSLY)$Fastly top management needs to be replaced especially the CEO as he handled analysts questions poorly. FSLY stock is now almost 60% below its peak price. Main reasons for missing the revenue is due to lower traffic due to June outage and giving out credits to the affected customers hitting revenue by 1%. According to the management forecast, 2022 will be the inflection and starting point of increase in revenue growth. The CFO did mention that after the June outage, FSLY managed to win more new enterprise customers. FSLY stock price at USD35 is currently oversold.
Skillz stock is way under valued. Its growth of 90%, zero debt, 2x growth rate from Android users have lots of potential. In addition, expansion to overseas markets are just beginning. There is a lot of upside to this stock.
$Fastly, Inc.(FSLY)$Fastly acquisition of Glitch will allow 1.8 millions developers to use Fastly platform and will attract more developers and contents creators to Fastly. This is just the beginning of the turnaround for Fastly. Investors can expect both revenue and profits of Fastly to grow rapidly in the coming months. Currently Fastly share price of $12+ is undervalued and oversold. Target price for Fastly above $45.