Zacks Research Issues Optimistic Forecast for AKAM Earnings

Akamai Technologies, Inc. (NASDAQ:AKAM) – Research analysts at Zacks Research increased their Q3 2027 earnings per share (EPS) estimates for shares of Akamai Technologies in a research report issued to clients and investors on Thursday, October 23rd. Zacks Research analyst Team now forecasts that the technology infrastructure company will post earnings of $1.08 per share for the quarter, up from their prior estimate of $1.05. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Akamai Technologies’ current full-year earnings is $4.60 per share.

Akamai Technologies (NASDAQ:AKAM) last posted its earnings results on Thursday, August 7th. The technology infrastructure company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.18. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. Akamai Technologies had a return on equity of 14.26% and a net margin of 10.40%.The firm’s revenue was up 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.58 EPS. Akamai Technologies has set its FY 2025 guidance at 6.600-6.800 EPS. Q3 2025 guidance at 1.620-1.660 EPS.

Other research analysts have also issued reports about the company. Scotiabank decreased their price objective on Akamai Technologies from $105.00 to $95.00 and set a “sector outperform” rating on the stock in a report on Friday, August 8th. Piper Sandler decreased their price objective on Akamai Technologies from $88.00 to $83.00 and set a “neutral” rating on the stock in a report on Friday, August 8th. Wall Street Zen raised Akamai Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Raymond James Financial decreased their price objective on Akamai Technologies from $110.00 to $84.00 and set an “outperform” rating on the stock in a report on Friday, August 8th. Finally, The Goldman Sachs Group initiated coverage on Akamai Technologies in a report on Wednesday, August 13th. They issued a “sell” rating and a $67.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, Akamai Technologies has an average rating of “Hold” and an average target price of $92.53.

Akamai Technologies Stock Performance

Shares of NASDAQ AKAM opened at $75.05 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.31 and a quick ratio of 2.31. The stock’s fifty day moving average price is $76.36 and its two-hundred day moving average price is $77.17. Akamai Technologies has a one year low of $67.51 and a one year high of $105.26. The firm has a market cap of $10.76 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 3.59 and a beta of 0.75.

Institutional Trading of Akamai Technologies

Several institutional investors and hedge funds have recently modified their holdings of the business. DLD Asset Management LP lifted its position in shares of Akamai Technologies by 60.0% during the 2nd quarter. DLD Asset Management LP now owns 20,000,000 shares of the technology infrastructure company’s stock worth $1,595,200,000 after buying an additional 7,500,000 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Akamai Technologies by 2.3% during the 1st quarter. Vanguard Group Inc. now owns 18,673,358 shares of the technology infrastructure company’s stock worth $1,503,205,000 after buying an additional 425,461 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Akamai Technologies by 4.9% during the 2nd quarter. First Trust Advisors LP now owns 6,061,962 shares of the technology infrastructure company’s stock worth $483,502,000 after buying an additional 281,526 shares during the last quarter. Norges Bank bought a new stake in shares of Akamai Technologies during the 2nd quarter worth $266,817,000. Finally, Legal & General Group Plc lifted its position in shares of Akamai Technologies by 3.5% during the 2nd quarter. Legal & General Group Plc now owns 2,812,805 shares of the technology infrastructure company’s stock worth $224,349,000 after buying an additional 94,012 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insider Transactions at Akamai Technologies

In other news, EVP Paul C. Joseph sold 5,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $76.65, for a total transaction of $383,250.00. Following the sale, the executive vice president directly owned 27,349 shares of the company’s stock, valued at approximately $2,096,300.85. This represents a 15.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Robert Blumofe sold 3,000 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $77.00, for a total value of $231,000.00. Following the sale, the chief technology officer directly owned 27,910 shares in the company, valued at approximately $2,149,070. This trade represents a 9.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,000 shares of company stock valued at $917,290. 2.00% of the stock is owned by corporate insiders.

Akamai Technologies Company Profile

Akamai Technologies, Inc provides cloud computing, security, and content delivery services in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance.