Akamai Technologies (NASDAQ:AKAM – Free Report) had its price objective hoisted by HSBC from $134.00 to $171.00 in a research report report published on Monday,MarketScreener reports.
AKAM has been the topic of several other research reports. Citigroup upped their price objective on shares of Akamai Technologies from $103.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Susquehanna upped their price objective on shares of Akamai Technologies from $120.00 to $175.00 and gave the company a “positive” rating in a report on Monday. Piper Sandler reiterated a “neutral” rating and set a $156.00 price objective (up from $114.00) on shares of Akamai Technologies in a report on Friday, May 8th. Guggenheim upped their price objective on shares of Akamai Technologies from $133.00 to $181.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, Raymond James Financial upped their price objective on shares of Akamai Technologies from $140.00 to $170.00 in a report on Monday. Twelve investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $140.76.
Check Out Our Latest Stock Report on AKAM
Akamai Technologies Price Performance
Akamai Technologies (NASDAQ:AKAM – Get Free Report) last released its earnings results on Thursday, May 7th. The technology infrastructure company reported $1.61 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.61. Akamai Technologies had a net margin of 10.20% and a return on equity of 12.96%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the business earned $1.70 earnings per share. Akamai Technologies’s revenue for the quarter was up 5.8% on a year-over-year basis. Akamai Technologies has set its FY 2026 guidance at 6.400-7.150 EPS and its Q2 2026 guidance at 1.450-1.650 EPS. On average, analysts expect that Akamai Technologies will post 4.15 earnings per share for the current year.
Insider Activity
In related news, Director Jon Miller sold 11,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $102.67, for a total value of $1,129,370.00. Following the sale, the director owned 22,806 shares in the company, valued at $2,341,492.02. This represents a 32.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mani Sundaram sold 8,642 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $101.25, for a total transaction of $875,002.50. Following the completion of the sale, the executive vice president owned 19,923 shares in the company, valued at $2,017,203.75. This represents a 30.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 57,454 shares of company stock valued at $5,889,371. Corporate insiders own 2.30% of the company’s stock.
Institutional Investors Weigh In On Akamai Technologies
Institutional investors and hedge funds have recently made changes to their positions in the business. JFS Wealth Advisors LLC raised its holdings in shares of Akamai Technologies by 626.2% in the 4th quarter. JFS Wealth Advisors LLC now owns 305 shares of the technology infrastructure company’s stock worth $27,000 after acquiring an additional 263 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Akamai Technologies by 295.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 336 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 251 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Akamai Technologies by 566.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 340 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 289 shares during the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Akamai Technologies by 130.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 345 shares of the technology infrastructure company’s stock worth $26,000 after acquiring an additional 195 shares during the last quarter. Finally, Sarver Vrooman Wealth Advisors acquired a new stake in shares of Akamai Technologies in the 4th quarter worth about $31,000. Institutional investors and hedge funds own 94.28% of the company’s stock.
Akamai Technologies News Roundup
Here are the key news stories impacting Akamai Technologies this week:
- Positive Sentiment: Bank of America upgraded Akamai to Buy from Neutral and raised its price target to $175 from $130, saying the company is increasingly being viewed as an AI infrastructure play rather than just a content delivery network provider. Akamai Technologies upgraded by Bank of America on AI infrastructure shift
- Positive Sentiment: Several other analysts also turned more constructive, with HSBC, Susquehanna and Raymond James all lifting price targets, signaling broader Wall Street confidence in Akamai’s growth outlook. Akamai Technologies (NASDAQ:AKAM) Price Target Raised to $171.00 at HSBC
- Positive Sentiment: News that Anthropic signed a $1.8 billion cloud-computing deal with Akamai added to optimism that the company is gaining traction in AI-related infrastructure demand. Anthropic secures $1.8bn cloud deal with Akamai for AI expansion
- Neutral Sentiment: One analysis noted that Akamai’s CDN business still faces competitive pressure and pricing weakness, but said security and cloud computing could help reaccelerate growth starting in 2026. Akamai: Security And Cloud Computing To Reaccelerate Growth
- Neutral Sentiment: Earlier stock moves were also supported by the upgrade-driven rally, with AKAM trading near its 52-week high as investors reacted to the AI-infrastructure narrative. Akamai stock soars: here’s why BofA is betting on the stock
Akamai Technologies Company Profile
Akamai Technologies, Inc is a leading provider of content delivery network (CDN) services and cloud security solutions designed to optimize and safeguard digital experiences. Leveraging a globally distributed platform, the company accelerates web and mobile content delivery for enterprises, media companies, e-commerce platforms and government agencies. Its edge computing architecture brings processing power closer to end users, reducing latency and improving application performance across geographies.
The company’s core offerings include content acceleration, web and mobile performance optimization, media delivery, and a suite of cybersecurity solutions that protect against DDoS attacks, application-layer threats and bot-driven fraud.
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