Fastned BV Shs Depositary Receipt 1 Shs (FAST) AI Stock Analysis

• Market Cap: €445.73M
• Dividend Yield: N/A
• Average Volume (3M): 27.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.70
• Revenue Growth: 48.95%
• EPS Growth: -64.87%
• Country: NL
• Employees: 301
• Sector: Services
• Sector Strength: N/A
• Industry: Specialty Retail
• EPS (TTM): -0.61
• Shares Outstanding: 19,650,597
• 10 Day Avg. Volume: 43,810
• 30 Day Avg. Volume: 27,650
• PEG Ratio: -1.00
• Price to Book (P/B): 4.33
• Price to Sales (P/S): 2.86
• P/FCF Ratio: -3.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €29.00
• Price Target Upside: 34.26% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -1.34
• Revenue Forecast (FY): €190.99M

• Rating: 49 Neutral
• Price Target: €22.00 ▲(1.85% Upside)
• Action: Reiterated Date: 03/26/26
• Date: Action: Reiterated 03/26/26

The score is held back primarily by weak financial quality—ongoing net losses, continued cash burn, and rising leverage—despite strong revenue growth and improving operating profitability. Technicals are moderately supportive with price above key moving averages, but near-term indicators suggest it may be overbought. Valuation support is limited because earnings are negative and no dividend yield is available.

Positive Factors

Revenue Growth

Sustained high revenue growth (2025: +29.5%) indicates the core charging business is scaling as EV adoption rises and new sites come online. Over a 2-6 month horizon this trend supports higher utilization, better fixed-cost absorption, and a clearer path to sustained cash generation as network density increases.

Negative Factors

Persistent Negative Free Cash Flow

Deep negative free cash flow (~-102.1M in 2025) reflects an ongoing cash burn from capex and operations. Over months this materially increases dependency on external funding, limits reinvestment flexibility, and raises execution risk if capital markets tighten or if growth slows and expected utilization gains are delayed.

Fastned BV Shs Depositary Receipt 1 Shs Business Overview & Revenue Model

Company Description

Fastned B.V., together with its subsidiaries, engages in the construction and operation of charging stations for fully electric cars. The company is also involved in the commercial operation of chargers at charging stations. It has operations in t...

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Fastned B.V., together with its subsidiaries, engages in the construction and operation of charging stations for fully electric cars. The company is also involved in the commercial operation of chargers at charging stations. It has operations in t...

How the Company Makes Money

Fastned primarily makes money by selling electricity as a charging service to EV drivers at its fast-charging stations. Revenue is generated per charging session, typically based on energy delivered (kWh) and/or time-based or session-based pricing...

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Fastned primarily makes money by selling electricity as a charging service to EV drivers at its fast-charging stations. Revenue is generated per charging session, typically based on energy delivered (kWh) and/or time-based or session-based pricing...

Fastned BV Shs Depositary Receipt 1 Shs Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	139.18M	86.74M	60.51M	35.98M	12.47M
Gross Profit	74.44M	68.59M	42.68M	10.39M	2.98M
EBITDA	15.09M	11.40M	7.21M	-4.65M	-12.38M
Net Income	-30.23M	-26.64M	-19.25M	-22.20M	-24.60M
Balance Sheet
Total Assets	501.76M	426.69M	357.54M	315.23M	214.60M
Cash, Cash Equivalents and Short-Term Investments	69.92M	117.57M	126.60M	149.54M	128.59M
Total Debt	357.96M	264.18M	182.24M	122.72M	93.70M
Total Liabilities	409.84M	304.00M	211.35M	154.59M	105.39M
Stockholders Equity	91.92M	122.69M	146.20M	160.65M	109.21M
Cash Flow
Free Cash Flow	-102.12M	-75.65M	-69.98M	-78.28M	-46.58M
Operating Cash Flow	-20.41M	-7.61M	-3.14M	-10.79M	-9.98M
Investing Cash Flow	-86.33M	-68.04M	-66.84M	-67.49M	-36.60M
Financing Cash Flow	59.28M	66.97M	47.13M	99.77M	141.46M

Fastned BV Shs Depositary Receipt 1 Shs Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:FAST, the sentiment is Positive. The current price of 21.6 is below the 20-day moving average (MA) of 21.79, above the 50-day MA of 21.55, and above the 200-day MA of 21.54, indicating a bullish trend. The MACD of 0.29 indicates Negative momentum. The RSI at 70.96 is Negative, neither overbought nor oversold. The STOCH value of 78.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:FAST.

Fastned BV Shs Depositary Receipt 1 Shs Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LIGHT	64 Neutral	€2.33B	10.16	11.48%	7.57%	-4.73%	17.93%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BFIT	51 Neutral	€2.08B	133.15	-1.16%	―	15.57%	-154.03%
PNL	50 Neutral	€566.67M	-31.57	-12.23%	6.72%	2.44%	-179.02%
FAST	49 Neutral	€445.73M	-13.18	―	―	48.95%	-64.87%
AZRN	45 Neutral	€84.92M	-3.99	―	―	-0.63%	74.14%
SIFG	41 Neutral	€199.06M	-5.11	-14.18%	―	-2.34%	-334.31%